GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Connexa Sports Technologies Inc (NAS:YYAI) » Definitions » Days Inventory

Connexa Sports Technologies (Connexa Sports Technologies) Days Inventory : 176.10 (As of Jan. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Connexa Sports Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Connexa Sports Technologies's Average Total Inventories for the three months ended in Jan. 2024 was $1.50 Mil. Connexa Sports Technologies's Cost of Goods Sold for the three months ended in Jan. 2024 was $0.78 Mil. Hence, Connexa Sports Technologies's Days Inventory for the three months ended in Jan. 2024 was 176.10.

The historical rank and industry rank for Connexa Sports Technologies's Days Inventory or its related term are showing as below:

YYAI' s Days Inventory Range Over the Past 10 Years
Min: 109.62   Med: 211.24   Max: 282.29
Current: 139.37

During the past 8 years, Connexa Sports Technologies's highest Days Inventory was 282.29. The lowest was 109.62. And the median was 211.24.

YYAI's Days Inventory is ranked worse than
78.27% of 672 companies
in the Travel & Leisure industry
Industry Median: 34.995 vs YYAI: 139.37

Connexa Sports Technologies's Days Inventory declined from Jan. 2023 (736.55) to Jan. 2024 (176.10).

Inventory Turnover measures how fast the company turns over its inventory within a year. Connexa Sports Technologies's Inventory Turnover for the three months ended in Jan. 2024 was 0.52.

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. Connexa Sports Technologies's Inventory-to-Revenue for the three months ended in Jan. 2024 was 0.72.


Connexa Sports Technologies Days Inventory Historical Data

The historical data trend for Connexa Sports Technologies'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.

Connexa Sports Technologies Days Inventory Chart

Connexa Sports Technologies Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Days Inventory
Get a 7-Day Free Trial - 244.93 109.62 177.54 282.29

Connexa Sports Technologies Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 736.55 172.75 113.23 110.81 176.10

Competitive Comparison of Connexa Sports Technologies's Days Inventory

For the Leisure subindustry, Connexa Sports Technologies'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.


Connexa Sports Technologies's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Connexa Sports Technologies's Days Inventory distribution charts can be found below:

* The bar in red indicates where Connexa Sports Technologies's Days Inventory falls into.



Connexa Sports Technologies Days Inventory Calculation

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

Connexa Sports Technologies's Days Inventory for the fiscal year that ended in Apr. 2023 is calculated as

Days Inventory (A: Apr. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Apr. 2022 ) + Total Inventories (A: Apr. 2023 )) / count ) / Cost of Goods Sold (A: Apr. 2023 )*Days in Period
=( (7.862 + 3.19) / 2 ) / 7.145*365
=5.526 / 7.145*365
=282.29

Connexa Sports Technologies's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

Days Inventory (Q: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Oct. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (1.668 + 1.331) / 2 ) / 0.777*365 / 4
=1.4995 / 0.777*365 / 4
=176.10

* 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.


Connexa Sports Technologies  (NAS:YYAI) 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.

Connexa Sports Technologies's Inventory Turnover for the three months ended in Jan. 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.

Connexa Sports Technologies's Inventory to Revenue for the three months ended in Jan. 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.


Connexa Sports Technologies Days Inventory Related Terms

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


Connexa Sports Technologies (Connexa Sports Technologies) Business Description

Traded in Other Exchanges
N/A
Address
2709 North Rolling Road, Suite 138, Windsor Mill, Baltimore, MD, USA, 21244
Connexa Sports Technologies Inc is a connected sports company delivering products, technologies and services across the Watch, Play, Learn commercial and subscription-as-a-service activities in sports. Digital disruption is restructuring how sports are enjoyed, consumed and monetized. Its portfolio of brands includes Slinger and GAMEFACE.AI.
Executives
Bitnile Holdings, Inc. 10 percent owner 11411 SOUTHERN HIGHLANDS PARKWAY, SUITE 240, LAS VEGAS NV 89141
Mark Frederick Radom officer: GENERAL COUNSEL 2709 NORTH ROLLING ROAD, SUITE 138, WINDSOR MILL, BALTIMORE MD 21244
Mike Ballardie director, officer: CEO and Director 2709 NORTH ROLLING ROAD,, SUITE 138, WINDSOR MILL,, BALTIMORE MD 21244
Jason Paul Seifert officer: CHIEF FINANCIAL OFFICER 2420 BRIXHAM AVENUE, ORLANDO FL 32828
Yonah Kalfa 10 percent owner 9 RABAN GAMLIEL, RAANANA L3 434024