MultiSensor AI Holdings (MultiSensor AI Holdings) Days Inventory : 406.01 (As of Mar. 2024)

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What is MultiSensor AI Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). MultiSensor AI Holdings's Average Total Inventories for the three months ended in Mar. 2024 was $6.25 Mil. MultiSensor AI Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was $1.40 Mil. Hence, MultiSensor AI Holdings's Days Inventory for the three months ended in Mar. 2024 was 406.01.

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

MSAI' s Days Inventory Range Over the Past 10 Years
Min: 401 Med: 758.39 Max: 1038.55
Current: 1038.55

During the past 3 years, MultiSensor AI Holdings's highest Days Inventory was 1038.55. The lowest was 401.00. And the median was 758.39.

MSAI's Days Inventory is ranked worse than
98.78% of 1560 companies
in the Software industry
Industry Median: 19.44 vs MSAI: 1038.55

MultiSensor AI Holdings's Days Inventory declined from Dec. 2022 (484.09) to Mar. 2024 (406.01).

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. MultiSensor AI Holdings's Inventory Turnover for the three months ended in Mar. 2024 was 0.22.

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. MultiSensor AI Holdings's Inventory-to-Revenue for the three months ended in Mar. 2024 was 2.75.

MultiSensor AI Holdings Days Inventory Historical Data

The historical data trend for MultiSensor AI Holdings'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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MultiSensor AI Holdings Days Inventory Chart

MultiSensor AI Holdings Annual Data

Trend

Dec21

Dec22

Dec23

Days Inventory

401.00

769.49

758.39

MultiSensor AI Holdings Quarterly Data
	Dec21	Mar22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial			484.09	1,899.28	-	547.38	406.01

Competitive Comparison of MultiSensor AI Holdings's Days Inventory

For the Software - Infrastructure subindustry, MultiSensor AI Holdings'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.

MultiSensor AI Holdings's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, MultiSensor AI Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where MultiSensor AI Holdings's Days Inventory falls into.

MultiSensor AI Holdings Days Inventory Calculation

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

MultiSensor AI Holdings's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (9.634	+	6.93)	/	2 )	/	3.986	*	365
=	8.282					/	3.986	*	365
=	758.39

MultiSensor AI Holdings's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (6.93	+	5.564)	/	2 )	/	1.404	*	365 / 4
=	6.247					/	1.404	*	365 / 4
=	406.01

MultiSensor AI Holdings (NAS:MSAI) 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.

MultiSensor AI Holdings's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.404	/	6.247
	=	0.22

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.

MultiSensor AI Holdings's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	6.247	/	2.275
	=	2.75

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.

MultiSensor AI Holdings Days Inventory Related Terms

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MultiSensor AI Holdings (MultiSensor AI Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » MultiSensor AI Holdings Inc (NAS:MSAI) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

2105 West Cardinal Drive, Beaumont, TX, USA, 77705

Website

https://www.infraredcameras.com

Infrared Cameras Holdings Inc manufactures and distributes infrared camera systems (hardware and software) for thermographic use in a variety of industrial applications. The company also provides software and services, including training, calibration, and repairs for its customers. Most of the company's customers are in the United States and operate in the oil and gas, distribution and logistics, manufacturing, and utility sectors.

MultiSensor AI Holdings (MultiSensor AI Holdings) Headlines

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