Days Inventory is also known as Days Sales of Inventory (DSI). iGen Networks's Average Total Inventories for the
three
months ended in Sep. 2023 was $0.03 Mil. iGen Networks's Cost of Goods Sold for the
three
months ended in Sep. 2023 was $0.02 Mil.
Hence, iGen Networks's Days Inventory for the
three
months ended in Sep. 2023 was 179.82.
The historical rank and industry rank for iGen Networks's Days Inventory or its related term are showing as below:
IGEN'
s Days Inventory Range Over the Past 10 Years
Min: 4.01 Med: 11.97 Max: 133.93
Current: 103.71
During the past 13 years, iGen Networks's highest Days Inventory was 133.93. The lowest was 4.01. And the median was 11.97.
IGEN's Days Inventory is ranked worse than 80.54% of 1562
companies
in the Software industry
Industry Median: 19.44
vs IGEN: 103.71
iGen Networks's Days Inventory
increased
from Sep. 2022 (52.10) to Sep. 2023 (179.82).
It might indicate that iGen Networks's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
iGen Networks's Inventory Turnover for the
three
months ended in Sep. 2023 was 0.51.
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.
iGen Networks's Inventory-to-Revenue for the
three
months ended in Sep. 2023 was 0.70.
iGen Networks Days Inventory Historical Data
The historical data trend for iGen Networks'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.
Competitive Comparison of iGen Networks's Days Inventory
For the Software - Application subindustry, iGen Networks'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.
iGen Networks's Days Inventory Distribution in the Software Industry
For the Software industry and Technology sector, iGen Networks's Days Inventory distribution charts can be found below:
* The bar in red indicates where iGen Networks's Days Inventory falls into.
iGen Networks Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
iGen Networks's Days Inventory for the fiscal year that ended in Dec. 2022 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.
iGen Networks (OTCPK:IGEN) 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.
iGen Networks's Inventory Turnover for the
three
months ended in Sep. 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.
iGen Networks's Inventory to Revenue for the
three
months ended in Sep. 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.
iGen Networks Days Inventory Related Terms
Thank you for viewing the detailed overview of iGen Networks's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
iGen Networks (iGen Networks) Business Description
iGen Networks Corp is engaged in the development and marketing of software services for the automotive industry. It has one reportable segment being Vehicle Tracking and Recovery Solutions. The company works with wireless carriers, hardware suppliers and software developers to provide direct and secure access to information on the vehicle and the driver's behavior. The software services are delivered from the AWS Cloud to the consumer and their families over the wireless networks and accessed from any mobile or desktop device. The software services are marketed to automotive dealers, financial institutions, and direct-to-consumer through various commercial and consumer brands. The company's brands include Nimbo Tracking, CU Trak, and Medallion GPS PRO.
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