Days Inventory is also known as Days Sales of Inventory (DSI). Fobi Ai's Average Total Inventories for the
three
months ended in Dec. 2023 was €0.00 Mil. Fobi Ai's Cost of Goods Sold for the
three
months ended in Dec. 2023 was €0.56 Mil.
Hence, Fobi Ai's Days Inventory for the
three
months ended in Dec. 2023 was 0.00.
The historical rank and industry rank for Fobi Ai's Days Inventory or its related term are showing as below:
FRA:WMV'
s Days Inventory Range Over the Past 10 Years
Min: 7.43 Med: 8.76 Max: 11.83
Current: 11.83
During the past 13 years, Fobi Ai's highest Days Inventory was 11.83. The lowest was 7.43. And the median was 8.76.
FRA:WMV's Days Inventory is ranked better than 57.98% of 1561
companies
in the Software industry
Industry Median: 19.53
vs FRA:WMV: 11.83
Fobi Ai's Days Inventory
declined
from Dec. 2022 (11.31) to Dec. 2023 (0.00).
Inventory Turnover measures how fast the company turns over its inventory within a year.
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.
Fobi Ai's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.00.
Fobi Ai Days Inventory Historical Data
The historical data trend for Fobi Ai'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.
Competitive Comparison of Fobi Ai's Days Inventory
For the Software - Infrastructure subindustry, Fobi Ai'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.
Fobi Ai's Days Inventory Distribution in the Software Industry
For the Software industry and Technology sector, Fobi Ai's Days Inventory distribution charts can be found below:
* The bar in red indicates where Fobi Ai's Days Inventory falls into.
Fobi Ai Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Fobi Ai's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as
* 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.
Fobi Ai (FRA:WMV) 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.
Fobi Ai's Inventory Turnover for the
three
months ended in Dec. 2023 is calculated as
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.
Fobi Ai's Inventory to Revenue for the
three
months ended in Dec. 2023 is calculated as
* 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.
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.
Fobi Ai Days Inventory Related Terms
Thank you for viewing the detailed overview of Fobi Ai's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Fobi Ai Inc is a cutting-edge data intelligence company that helps clients turn real-time data into actionable insights and personalized customer engagement to generate increased profits. The Company operates in one operating segment, being the technology segment wherein it earns revenues from directly selling software as a service, reselling, referring and licensing its technology to licensors. Its IoT device has the ability to integrate seamlessly into existing infrastructure to enable data connectivity across online and on-premise platforms creating scalable solutions for clients across the world. The company operates globally in the retail, telecom, sports and entertainment, casino gaming, and hospitality and tourism industries. It operates in North America and Europe.
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