Seeing Machines (LSE:SEE) Days Inventory : 142.14 (As of Dec. 2023)

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What is Seeing Machines Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Seeing Machines's Average Total Inventories for the six months ended in Dec. 2023 was £6.24 Mil. Seeing Machines's Cost of Goods Sold for the six months ended in Dec. 2023 was £8.02 Mil. Hence, Seeing Machines's Days Inventory for the six months ended in Dec. 2023 was 142.14.

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

LSE:SEE' s Days Inventory Range Over the Past 10 Years
Min: 22.55 Med: 97.02 Max: 527.69
Current: 72.02

During the past 13 years, Seeing Machines's highest Days Inventory was 527.69. The lowest was 22.55. And the median was 97.02.

LSE:SEE's Days Inventory is ranked worse than
73.55% of 1565 companies
in the Software industry
Industry Median: 19.61 vs LSE:SEE: 72.02

Seeing Machines's Days Inventory increased from Dec. 2022 (73.21) to Dec. 2023 (142.14). It might indicate that Seeing Machines's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Seeing Machines's Inventory Turnover for the six months ended in Dec. 2023 was 1.28.

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. Seeing Machines's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.46.

Seeing Machines Days Inventory Historical Data

The historical data trend for Seeing Machines'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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Seeing Machines Days Inventory Chart

Seeing Machines Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

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172.56

92.05

51.28

22.55

76.83

Seeing Machines Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															105.09	31.95	73.21	60.17	142.14

Competitive Comparison of Seeing Machines's Days Inventory

For the Software - Infrastructure subindustry, Seeing Machines'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.

Seeing Machines's Days Inventory Distribution in the Software Industry

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

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

Seeing Machines Days Inventory Calculation

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

Seeing Machines's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (0.774	+	8.987)	/	2 )	/	23.185	*	365
=	4.8805					/	23.185	*	365
=	76.83

Seeing Machines's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (8.987	+	3.501)	/	2 )	/	8.017	*	365 / 2
=	6.244					/	8.017	*	365 / 2
=	142.14

Seeing Machines (LSE:SEE) 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.

Seeing Machines's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	8.017	/	6.244
	=	1.28

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.

Seeing Machines's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6.244	/	13.608
	=	0.46

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.

Seeing Machines Days Inventory Related Terms

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

Seeing Machines (LSE:SEE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Seeing Machines Ltd (LSE:SEE) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

SEEMF:USA SEE.GB:UK M2Z:Germany

Address

80 Mildura Street, Fyshwick, Canberra, ACT, AUS, 2609

Website

https://www.seeingmachines.com

Seeing Machines Ltd develops and sells driver monitoring technology. It specializes in computer vision algorithms that precisely track eye gaze, head position, and pupil size. The company's operating segment includes OEM; Aftermarket and Other. It generates maximum revenue from the Aftermarket segment. Geographically, it derives a majority of revenue from North America and also has a presence in Australia; Asia-Pacific; Europe, and Other Countries.