Ellie Mae (Ellie Mae) Days Inventory : 0.00 (As of Dec. 2018)

View and export this data going back to 2011. Start your Free Trial

What is Ellie Mae Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ellie Mae's Average Total Inventories for the three months ended in Dec. 2018 was $0.0 Mil. Ellie Mae's Cost of Goods Sold for the three months ended in Dec. 2018 was $49.2 Mil. Hence, Ellie Mae's Days Inventory for the three months ended in Dec. 2018 was 0.00.

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

ELLI's Days Inventory is not ranked ^*
in the Software industry.
Industry Median: 19.61
* Ranked among companies with meaningful Days Inventory only.

Ellie Mae's Days Inventory stayed the same from Dec. 2017 (0.00) to Dec. 2018 (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. Ellie Mae's Inventory-to-Revenue for the three months ended in Dec. 2018 was 0.00.

Ellie Mae Days Inventory Historical Data

The historical data trend for Ellie Mae'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.

Ellie Mae Days Inventory Chart

Ellie Mae Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Days Inventory

Get a 7-Day Free Trial

Ellie Mae Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Ellie Mae's Days Inventory

For the Software - Application subindustry, Ellie Mae'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.

Ellie Mae's Days Inventory Distribution in the Software Industry

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

* The bar in red indicates where Ellie Mae's Days Inventory falls into.

Ellie Mae Days Inventory Calculation

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

Ellie Mae's Days Inventory for the fiscal year that ended in Dec. 2018 is calculated as

	Days Inventory (A: Dec. 2018 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2017 )	+	Total Inventories (A: Dec. 2018 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2018 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	199.925	*	365
=	0					/	199.925	*	365
=	0.00

Ellie Mae's Days Inventory for the quarter that ended in Dec. 2018 is calculated as:

	Days Inventory (Q: Dec. 2018 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2018 )	+	Total Inventories (Q: Dec. 2018 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2018 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	49.197	*	365 / 4
=	0					/	49.197	*	365 / 4
=	0.00

Ellie Mae (NYSE:ELLI) 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.

Ellie Mae's Inventory Turnover for the three months ended in Dec. 2018 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	49.197	/	0
	=

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.

Ellie Mae's Inventory to Revenue for the three months ended in Dec. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	116.046
	=	0.00

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.

Ellie Mae Days Inventory Related Terms

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

Ellie Mae (Ellie Mae) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ellie Mae Inc (NYSE:ELLI) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

4420 Rosewood Drive, Suite 500, Pleasanton, CA, USA, 94588

Website

https://www.elliemae.com

Ellie Mae Inc is a provider of on-demand software solutions and services for the residential mortgage industry. Its solutions provide a system to allow banks, credit unions, and mortgage lenders to originate and fund mortgages. The company's solutions include customer relationship management, loan processing, underwriting, compliance, and overall enterprise management capabilities. The company derives revenue from transaction-based fees and subscription fees to its Software-as-a-Service solutions, which are typically sold on an annual basis. All of the firm's revenue is generated in the United States.

Executives

Rajat Taneja	director	C/O ELECTRONIC ARTS INC., 209 REDWOOD SHORES PARKWAY, LEGAL DEPT., REDWOOD CITY CA 94065
Marina Levinson	director	C/O ELLIE MAE, INC., 4420 ROSEWOOD DRIVE, SUITE 500, PLEASANTON CA 94588
Robert J Levin	director	ELLIE MAE, INC., 4420 ROSEWOOD DRIVE, SUITE 500, PLEASANTON CA 94588
A Barr Dolan	director	ELLIE MAE, INC., 4420 ROSEWOOD DRIVE, SUITE 500, PLEASANTON CA 94588
Karen Blasing	director	4420 ROSEWOOD DRIVE, SUITE 500, PLEASANTON CA 94588
Peter Hirsch	officer: EVP, Technology & Operations	C/O ELLIE MAE, INC., 4420 ROSEWOOD DRIVE, PLEASANTON CA 94588
Alan S. Henricks	director	MODEL N, INC., 777 MARINERS ISLAND BLVD., SUITE 300, SAN MATEO CA 94404
First American Corp	10 percent owner	40 PACIFICA, SUITE 900, IRVINE CA 92618
Alta Embarcadero Partners Ii Llc	10 percent owner	ONE EMBARCADERO CENTER, SUITE 3700, SAN FRANCISCO CA 94111
Alta California Management Partners Ii Llc	10 percent owner	ONE EMBARCADERO CENTER, SUITE 3700, SAN FRANCISCO CA 94111
Garrett Gruener	10 percent owner	ONE EMBARCADERO CENTER, SUITE 3700, SAN FRANCISCO CA 94111
Alta California Partners Ii Lp	10 percent owner	ONE EMBARCADERO CENTER, SUITE 3700, SAN FRANCISCO CA 94111
Cmc Master Fund, L.p.	10 percent owner	525 UNIVERSITY AVENUE, SUITE 1400, PALO ALTO CA 94301
C.m. Capital Corp	10 percent owner	525 UNIVERSITY AVENUE, SUITE 1400, PALO ALTO CA 94301
C.m. Capital Advisors, Llc	10 percent owner	525 UNIVERSITY AVENUE, SUITE 1400, PALO ALTO CA 94301