Speed Commerce (Speed Commerce) Days Inventory : 3.24 (As of Dec. 2015)

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What is Speed Commerce Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Speed Commerce's Average Total Inventories for the three months ended in Dec. 2015 was $1.2 Mil. Speed Commerce's Cost of Goods Sold for the three months ended in Dec. 2015 was $32.5 Mil. Hence, Speed Commerce's Days Inventory for the three months ended in Dec. 2015 was 3.24.

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

SPDC's Days Inventory is not ranked ^*
in the Software industry.
Industry Median: 19.44
* Ranked among companies with meaningful Days Inventory only.

Speed Commerce's Days Inventory increased from Dec. 2014 (3.05) to Dec. 2015 (3.24). It might indicate that Speed Commerce's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Speed Commerce's Inventory Turnover for the three months ended in Dec. 2015 was 28.14.

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. Speed Commerce's Inventory-to-Revenue for the three months ended in Dec. 2015 was 0.03.

Speed Commerce Days Inventory Historical Data

The historical data trend for Speed Commerce'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.

Speed Commerce Days Inventory Chart

Speed Commerce Annual Data

Trend

Mar06

Mar07

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Days Inventory

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19.75

1,477.67

235.40

5.84

Speed Commerce Quarterly Data
	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15
Days Inventory	Get a 7-Day Free Trial															3.05	2.94	6.66	6.39	3.24

Competitive Comparison of Speed Commerce's Days Inventory

For the Software - Application subindustry, Speed Commerce'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.

Speed Commerce's Days Inventory Distribution in the Software Industry

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

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

Speed Commerce Days Inventory Calculation

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

Speed Commerce's Days Inventory for the fiscal year that ended in Mar. 2015 is calculated as

	Days Inventory (A: Mar. 2015 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2014 )	+	Total Inventories (A: Mar. 2015 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2015 )	*	Days in Period
=	( (0	+	1.687)	/	1 )	/	105.4	*	365
=	1.687					/	105.4	*	365
=	5.84

Speed Commerce's Days Inventory for the quarter that ended in Dec. 2015 is calculated as:

	Days Inventory (Q: Dec. 2015 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2015 )	+	Total Inventories (Q: Dec. 2015 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2015 )	*	Days in Period
=	( (1.575	+	0.732)	/	2 )	/	32.462	*	365 / 4
=	1.1535					/	32.462	*	365 / 4
=	3.24

Speed Commerce (OTCPK:SPDC) 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.

Speed Commerce's Inventory Turnover for the three months ended in Dec. 2015 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	32.462	/	1.1535
	=	28.14

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.

Speed Commerce's Inventory to Revenue for the three months ended in Dec. 2015 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.1535	/	33.45
	=	0.03

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.

Speed Commerce Days Inventory Related Terms

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

Speed Commerce (Speed Commerce) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Speed Commerce Inc (OTCPK:SPDC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1303 East Arapaho Road, Suite 200, Richardson, TX, USA, 75081

Website

http://www.speedcommerce.com

Speed Commerce Inc is a provider of flexible end-to-end e-commerce services to retailers and manufacturers. It provides Web platform development and hosting, order management, fulfillment, logistics and contact center services, which provide clients with transaction-based services and information management tools. It manages fulfillment center from four facilities located in Pennsylvania, Ohio, Missouri, and Texas, utilizing automation technology, such as unit sortation, pick-to-pack conveyors and radio frequency (RF) scanning.

Executives

Richard Willis	director, officer: President and CEO	7400 49TH AVE. NORTH, NEW HOPE MN 55428
Bradley J. Shisler	director	7400 49TH AVENUE NORTH, NEW HOPE MN 55428
Rebecca Lynn Atchison	director	10355 PECAN PARK BOULEVARD, AUSTIN TX 78729
Kathleen P Iverson	director	5900 GOLDEN HILLS DRIVE, GOLDEN VALLEY MN 55416
Steven R Becker	other: Member of a 13(d) 10% Group	5525 NAKOMA DRIVE, DALLAS TX 75209
Northern Right Capital Management, L.p.	other: Member of a 13(d) 10% Group	9 OLD KINGS HWY. S., 4TH FLOOR, DARIEN CT 06820
Bc Advisors Llc	other: Member of a 13(d) 10% Group	500 CRESCENT COURT, SUITE 230, DALLAS TX 75201
Becker Drapkin Partners, L.p.	other: Member of a 13(d) 10% Group	500 CRESCENT COURT, SUITE 230, DALLAS TX 75201
Northern Right Capital (qp), L.p.	other: Member of a 13(d) 10% Group	9 OLD KINGS HWY. S., 4TH FLOOR, DARIEN CT 06820
Matthew A Drapkin	other: Member of a 13(d) 10% Group	10 CORBIN DRIVE, 3RD FLOOR, DARIEN CT 06820
David Dalvey	director	C/O BLUE ROCK ADVISORS, INC., 80 SOUTH EIGHTH STREET SUITE 3915, MINNEAPOLIS MN 55402