The Descartes Systems Group (The Descartes Systems Group) Change In Inventory : $0.4 Mil (TTM As of Jan. 2024)

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What is The Descartes Systems Group Change In Inventory?

The Descartes Systems Group's change in inventory for the quarter that ended in Jan. 2024 was $0.0 Mil. It means The Descartes Systems Group's inventory stayed the same from Oct. 2023 to Jan. 2024 .

The Descartes Systems Group's change in inventory for the fiscal year that ended in Jan. 2024 was $0.0 Mil. It means The Descartes Systems Group's inventory stayed the same from Jan. 2023 to Jan. 2024 .

The Descartes Systems Group's Total Inventories for the quarter that ended in Jan. 2024 was $0.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. The Descartes Systems Group's Days Inventory for the quarter that ended in Jan. 2024 was 1.13.

Inventory Turnover measures how fast the company turns over its inventory within a year. The Descartes Systems Group's Inventory Turnover for the quarter that ended in Jan. 2024 was 80.52.

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. The Descartes Systems Group's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.00.

The Descartes Systems Group Change In Inventory Historical Data

The historical data trend for The Descartes Systems Group's Change In 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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The Descartes Systems Group Change In Inventory Chart

The Descartes Systems Group Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Change In Inventory

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-0.35

0.10

-0.50

0.10

The Descartes Systems Group Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Change In Inventory	Get a 7-Day Free Trial															0.08	-	0.39	0.04	-

The Descartes Systems Group Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.4 Mil.

The Descartes Systems Group (NAS:DSGX) Change In Inventory Explanation

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

The Descartes Systems Group's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.4485	/	36.111	*	365 / 4
	=	1.13

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

The Descartes Systems Group's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	36.111	/	0.4485
	=	80.52

3. 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.

The Descartes Systems Group's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.4485	/	148.226
	=	0.00

The Descartes Systems Group Change In Inventory Related Terms

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The Descartes Systems Group (The Descartes Systems Group) Business Description

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DC2:Germany DC2:Germany DSG:Canada

Address

120 Randall Drive, Waterloo, ON, CAN, N2V 1C6

Website

https://www.descartes.com

The Descartes Systems Group provides a software solution that allows users in the shipping industry to communicate with one another. The core product is the Global Logistics Network, which is best understood as transaction driven. Descartes charges clients to send/receive messages, data, and documents on the GLN (the transactions). Customers typically contract for a monthly minimum over a multiyear period. The GLN platform allows for Descartes to upsell additional software modules as well, typically provided via a software-as-a-service model.