Gigamon (FRA:NGM) Days Inventory : 96.76 (As of Sep. 2017)

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What is Gigamon Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Gigamon's Average Total Inventories for the three months ended in Sep. 2017 was €12.9 Mil. Gigamon's Cost of Goods Sold for the three months ended in Sep. 2017 was €12.1 Mil. Hence, Gigamon's Days Inventory for the three months ended in Sep. 2017 was 96.76.

The historical rank and industry rank for Gigamon's Days Inventory or its related term are showing as below:

FRA:NGM's Days Inventory is not ranked ^*
in the Hardware industry.
Industry Median: 101.86
* Ranked among companies with meaningful Days Inventory only.

Gigamon's Days Inventory increased from Sep. 2016 (42.23) to Sep. 2017 (96.76). It might indicate that Gigamon's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gigamon's Inventory Turnover for the three months ended in Sep. 2017 was 0.94.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Gigamon's Inventory-to-Revenue for the three months ended in Sep. 2017 was 0.19.

Gigamon Days Inventory Historical Data

The historical data trend for Gigamon's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Gigamon Days Inventory Chart

Gigamon Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Days Inventory

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100.35

31.87

38.43

38.26

50.08

Gigamon Quarterly Data
	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17
Days Inventory	Get a 7-Day Free Trial															42.23	59.01	80.26	91.85	96.76

Competitive Comparison of Gigamon's Days Inventory

For the Communication Equipment subindustry, Gigamon's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Gigamon's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Gigamon's Days Inventory distribution charts can be found below:

* The bar in red indicates where Gigamon's Days Inventory falls into.

Gigamon Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Gigamon's Days Inventory for the fiscal year that ended in Dec. 2016 is calculated as

	Days Inventory (A: Dec. 2016 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2015 )	+	Total Inventories (A: Dec. 2016 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2016 )	*	Days in Period
=	( (3.5	+	10.757)	/	2 )	/	51.952	*	365
=	7.1285					/	51.952	*	365
=	50.08

Gigamon's Days Inventory for the quarter that ended in Sep. 2017 is calculated as:

	Days Inventory (Q: Sep. 2017 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2017 )	+	Total Inventories (Q: Sep. 2017 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2017 )	*	Days in Period
=	( (12.728	+	12.981)	/	2 )	/	12.123	*	365 / 4
=	12.8545					/	12.123	*	365 / 4
=	96.76

Gigamon (FRA:NGM) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

Gigamon's Inventory Turnover for the three months ended in Sep. 2017 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	12.123	/	12.8545
	=	0.94

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Gigamon's Inventory to Revenue for the three months ended in Sep. 2017 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	12.8545	/	66.441
	=	0.19

Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.

Gigamon Days Inventory Related Terms

Thank you for viewing the detailed overview of Gigamon's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Gigamon (FRA:NGM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Gigamon Inc (FRA:NGM) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Website

http://www.gigamon.com

Gigamon Inc develops designs and sells solutions and products that deliver visibility of traffic across networks. It serves global enterprises, service providers and governments.