Intercede Group (LSE:IGP) Days Inventory : 0.00 (As of Sep. 2023)

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What is Intercede Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Intercede Group's Average Total Inventories for the six months ended in Sep. 2023 was £0.00 Mil. Intercede Group's Cost of Goods Sold for the six months ended in Sep. 2023 was £0.07 Mil. Hence, Intercede Group's Days Inventory for the six months ended in Sep. 2023 was 0.00.

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

LSE:IGP's Days Inventory is not ranked ^*
in the Software industry.
Industry Median: 18.88
* Ranked among companies with meaningful Days Inventory only.

Intercede Group's Days Inventory stayed the same from Sep. 2022 (0.00) to Sep. 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. Intercede Group's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.00.

Intercede Group Days Inventory Historical Data

The historical data trend for Intercede Group'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.

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Intercede Group Days Inventory Chart

Intercede Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Days Inventory

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Intercede Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Intercede Group's Days Inventory

For the Software - Application subindustry, Intercede Group'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.

Intercede Group's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Intercede Group's Days Inventory distribution charts can be found below:

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

Intercede Group Days Inventory Calculation

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

Intercede Group's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.403	*	365
=	0					/	0.403	*	365
=	0.00

Intercede Group's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.066000000000001	*	365 / 2
=	0					/	0.066000000000001	*	365 / 2
=	0.00

Intercede Group (LSE:IGP) 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.

Intercede Group's Inventory Turnover for the six months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.066000000000001	/	0
	=

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.

Intercede Group's Inventory to Revenue for the six months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	6.993
	=	0.00

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.

Intercede Group Days Inventory Related Terms

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Intercede Group (LSE:IGP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Intercede Group PLC (LSE:IGP) » Definitions » Days Inventory

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LYD:Germany

Address

St. Mary's Road, Lutterworth Hall, Lutterworth, Leicestershire, GBR, LE17 4PS

Website

https://www.intercede.com

Intercede Group PLC is an independent developer and supplier of identity and credential management software. Its product portfolio includes MyID, an identity, and credential management system, RapID is the password killer for killer apps, and MyTAM enables Android app developers and service providers to deploy trusted applications to the trusted execution environment in a simple and cost-effective manner. The company serves a diverse range of markets including governments, enterprises, app developers, and service providers. It has operational footprints across the United Kingdom, Rest of Europe, North America, and Rest of World. The Majority of its revenue is derived from North America.

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