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Sapiens International NV (XTAE:SPNS) Days Inventory : 0.00 (As of Mar. 2024)


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What is Sapiens International NV Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sapiens International NV's Average Total Inventories for the three months ended in Mar. 2024 was ₪0 Mil. Sapiens International NV's Cost of Goods Sold for the three months ended in Mar. 2024 was ₪284 Mil. Hence, Sapiens International NV's Days Inventory for the three months ended in Mar. 2024 was 0.00.

The historical rank and industry rank for Sapiens International NV's Days Inventory or its related term are showing as below:

XTAE:SPNS's Days Inventory is not ranked *
in the Software industry.
Industry Median: 19.515
* Ranked among companies with meaningful Days Inventory only.

Sapiens International NV's Days Inventory stayed the same from Mar. 2023 (0.00) to Mar. 2024 (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. Sapiens International NV's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.


Sapiens International NV Days Inventory Historical Data

The historical data trend for Sapiens International NV'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.

Sapiens International NV Days Inventory Chart

Sapiens International NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
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Sapiens International NV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Sapiens International NV's Days Inventory

For the Software - Application subindustry, Sapiens International NV'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.


Sapiens International NV's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Sapiens International NV's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sapiens International NV's Days Inventory falls into.



Sapiens International NV Days Inventory Calculation

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

Sapiens International NV'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
=( (0 + 0) / 1 ) / 1092.809*365
=0 / 1092.809*365
=0.00

Sapiens International NV'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
=( (0 + 0) / 1 ) / 284.099*365 / 4
=0 / 284.099*365 / 4
=0.00

* 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.


Sapiens International NV  (XTAE:SPNS) 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.

Sapiens International NV's Inventory Turnover for the three months ended in Mar. 2024 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.

Sapiens International NV's Inventory to Revenue for the three months ended in Mar. 2024 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.


Sapiens International NV Days Inventory Related Terms

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


Sapiens International NV (XTAE:SPNS) Business Description

Traded in Other Exchanges
Address
26 Harokmim Street, Azrieli Center, Holon, ISR, 5885800
Sapiens International Corp NV is a provider of software solutions for the insurance industry, with an emerging focus on the financial services sector. The company offers software, solutions and professional services for property & casualty (P&C); reinsurance; life, pension & annuity (L&A); workers' compensation (WC); medical professional liability (MPL); financial & compliance (F&C); and decision modelling for both insurance and financial markets. The group also provides services for project delivery and implementation services, for its Software Solutions portfolio. Geographically, it operates in the region of North America, United Kingdom, Israel, and other European countries and Rest of the World and derives the majority of its income from North American region.