Guidance Software (Guidance Software) Days Inventory : 37.86 (As of Jun. 2017)

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What is Guidance Software Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Guidance Software's Average Total Inventories for the three months ended in Jun. 2017 was $2.8 Mil. Guidance Software's Cost of Goods Sold for the three months ended in Jun. 2017 was $6.8 Mil. Hence, Guidance Software's Days Inventory for the three months ended in Jun. 2017 was 37.86.

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

GUID's Days Inventory is not ranked ^*
in the Software industry.
Industry Median: 19.64
* Ranked among companies with meaningful Days Inventory only.

Guidance Software's Days Inventory increased from Jun. 2016 (27.27) to Jun. 2017 (37.86). It might indicate that Guidance Software's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Guidance Software's Inventory Turnover for the three months ended in Jun. 2017 was 2.41.

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. Guidance Software's Inventory-to-Revenue for the three months ended in Jun. 2017 was 0.11.

Guidance Software Days Inventory Historical Data

The historical data trend for Guidance Software'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.

Guidance Software Days Inventory Chart

Guidance Software Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Days Inventory

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17.04

19.14

23.38

26.76

26.09

Guidance Software Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17
Days Inventory	Get a 7-Day Free Trial															27.27	26.96	25.67	29.02	37.86

Competitive Comparison of Guidance Software's Days Inventory

For the Software - Application subindustry, Guidance Software'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.

Guidance Software's Days Inventory Distribution in the Software Industry

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

* The bar in red indicates where Guidance Software's Days Inventory falls into.

Guidance Software Days Inventory Calculation

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

Guidance Software's Days Inventory for the fiscal year that ended in Dec. 2016 is calculated as

	Days Inventory (A: Dec. 2016 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2015 )	+	Total Inventories (A: Dec. 2016 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2016 )	*	Days in Period
=	( (2.543	+	2.206)	/	2 )	/	33.216	*	365
=	2.3745					/	33.216	*	365
=	26.09

Guidance Software's Days Inventory for the quarter that ended in Jun. 2017 is calculated as:

	Days Inventory (Q: Jun. 2017 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2017 )	+	Total Inventories (Q: Jun. 2017 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2017 )	*	Days in Period
=	( (2.46	+	3.193)	/	2 )	/	6.813	*	365 / 4
=	2.8265					/	6.813	*	365 / 4
=	37.86

Guidance Software (NAS:GUID) 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.

Guidance Software's Inventory Turnover for the three months ended in Jun. 2017 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6.813	/	2.8265
	=	2.41

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.

Guidance Software's Inventory to Revenue for the three months ended in Jun. 2017 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.8265	/	24.663
	=	0.11

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.

Guidance Software Days Inventory Related Terms

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

Guidance Software (Guidance Software) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Guidance Software Inc (NAS:GUID) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.guidancesoftware.com

Guidance Software is a leading vendor of computer forensic investigation technology. Customers use the company's products and services to proactively identify misuse of electronic documents and databases, as well as for forensic analysis of compromised digital information. Guidance counts about half the Fortune 100 companies and more than a thousand law enforcement agencies as its customers. The company derives more than 20% of its revenues from overseas sales.

Executives

Van Schoonenberg Robert G	director	150 N. ORANGE GROVE BLVD, PASADENA CA 91103
Maximus Carnecchia Scipio	director	5005 WATERIDGE VISTA CIRCLE, SAN DIEGO CA 92121
Michael J Mcconnell	director	P.O. BOX 6280, NEWPORT BEACH CA 92658
Alfredo Gomez	officer: SVP, General Counsel	10420 RESEARCH ROAD SE, ALBUQUERQUE NM 87123
Reynolds Bish	director	C/O IOMEGA CORPORATION, 10955 VISTA SORRENTO PARKWAY, SAN DIEGO CA 92130
Patrick Dennis	director, officer: CEO and President	1055 E. COLORADO BOULEVARD, PASADENA CA 91106
Rgm Capital, Llc	10 percent owner	9010 STRADA STELL COURT, SUITE 105, NAPLES FL 34109
Robert G Moses	10 percent owner	RGM CAPITAL, LLC, 9010 STRADA STELL COURT, SUITE 105, NAPLES FL 34109
Jay R Ackerman	officer: Chief Revenue Officer	C/O SERVICESOURCE INTERNATIONAL INC 634 SECOND STREET SAN FRANCISCO CA 94107
Marshall S Geller	director	10866 WILSHIRE BLVD., SUITE 1450, LOS ANGELES CA 90024
Dale L Fuller	director	215 NORTH MARENGO AVE., 2ND FLOOR, PASADENA CA 91101
Amit Yoran	director	C/O TENABLE HOLDINGS, INC., 6100 MERRIWEATHER DRIVE, COLUMBIA MD 21044

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