Days Inventory is also known as Days Sales of Inventory (DSI). Oblong's Average Total Inventories for the
three
months ended in Dec. 2023 was $0.28 Mil. Oblong's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $0.66 Mil.
Hence, Oblong's Days Inventory for the
three
months ended in Dec. 2023 was 39.22.
The historical rank and industry rank for Oblong's Days Inventory or its related term are showing as below:
OBLG'
s Days Inventory Range Over the Past 10 Years
Min: 58.47 Med: 89.25 Max: 118.14
Current: 58.47
During the past 13 years, Oblong's highest Days Inventory was 118.14. The lowest was 58.47. And the median was 89.25.
OBLG's Days Inventory is ranked worse than 70.03% of 1565
companies
in the Software industry
Industry Median: 19.53
vs OBLG: 58.47
Oblong's Days Inventory
declined
from Dec. 2022 (70.66) to Dec. 2023 (39.22).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Oblong's Inventory Turnover for the
three
months ended in Dec. 2023 was 2.33.
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.
Oblong's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.30.
Oblong Days Inventory Historical Data
The historical data trend for Oblong'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.
For the Software - Application subindustry, Oblong'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.
Oblong Days Inventory Distribution
For the Software industry and Technology sector, Oblong's Days Inventory distribution charts can be found below:
* The bar in red indicates where Oblong's Days Inventory falls into.
Oblong Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Oblong's Days Inventory for the fiscal year that ended in Dec. 2023 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.
Oblong (NAS:OBLG) 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.
Oblong's Inventory Turnover for the
three
months ended in Dec. 2023 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.
Oblong's Inventory to Revenue for the
three
months ended in Dec. 2023 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.
Oblong Days Inventory Related Terms
Thank you for viewing the detailed overview of Oblong's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Oblong Inc delivers visual solutions for collaboration and computing environments. The company's flagship product Mezzanine is the technology platform that defines computing: simultaneous multi-user, multi-screen, multi-device, and multi-location for dynamic and immersive visual collaboration. Mezzanine transforms routine meetings and workflows into agile, engaging experiences by making data visible and accessible in a collaborative setting. Mezzanine enables multiple, concurrent pieces of content to be shared, manipulated, created, and captured across distance. It serves various industries including aerospace, consulting, executive search, broadcast media, technology, financial services, education, healthcare, real estate, retail, construction, hospitality, and government, among others.
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