iGo (IGOI) Days Inventory : 49.88 (As of Dec. 2013)

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What is iGo Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). iGo's Average Total Inventories for the three months ended in Dec. 2013 was $2.38 Mil. iGo's Cost of Goods Sold for the three months ended in Dec. 2013 was $4.36 Mil. Hence, iGo's Days Inventory for the three months ended in Dec. 2013 was 49.88.

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

IGOI's Days Inventory is not ranked ^*
in the Hardware industry.
Industry Median: 102.45
* Ranked among companies with meaningful Days Inventory only.

iGo's Days Inventory declined from Dec. 2012 (148.29) to Dec. 2013 (49.88).

Inventory Turnover measures how fast the company turns over its inventory within a year. iGo's Inventory Turnover for the three months ended in Dec. 2013 was 1.83.

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. iGo's Inventory-to-Revenue for the three months ended in Dec. 2013 was 0.74.

iGo Days Inventory Historical Data

The historical data trend for iGo'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.

iGo Days Inventory Chart

iGo Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Days Inventory

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55.75

102.58

131.12

145.10

102.37

iGo Quarterly Data
	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13
Days Inventory	Get a 7-Day Free Trial															148.29	139.79	112.44	97.83	49.88

Competitive Comparison of iGo's Days Inventory

For the Computer Hardware subindustry, iGo'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.

iGo's Days Inventory Distribution in the Hardware Industry

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

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

iGo Days Inventory Calculation

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

iGo's Days Inventory for the fiscal year that ended in Dec. 2013 is calculated as

	Days Inventory (A: Dec. 2013 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2012 )	+	Total Inventories (A: Dec. 2013 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2013 )	*	Days in Period
=	( (8.376	+	1.407)	/	2 )	/	17.44	*	365
=	4.8915					/	17.44	*	365
=	102.37

iGo's Days Inventory for the quarter that ended in Dec. 2013 is calculated as:

	Days Inventory (Q: Dec. 2013 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2013 )	+	Total Inventories (Q: Dec. 2013 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2013 )	*	Days in Period
=	( (3.355	+	1.407)	/	2 )	/	4.356	*	365 / 4
=	2.381					/	4.356	*	365 / 4
=	49.88

iGo (OTCPK:IGOI) 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.

iGo's Inventory Turnover for the three months ended in Dec. 2013 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4.356	/	2.381
	=	1.83

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.

iGo's Inventory to Revenue for the three months ended in Dec. 2013 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.381	/	3.21
	=	0.74

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.

iGo Days Inventory Related Terms

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

iGo (IGOI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » iGo Inc (OTCPK:IGOI) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

590 Madison Avenue, 32nd Floor, New York, NY, USA, 10022

Website

http://www.igo.com

iGo Inc is a United States based company operating in the electronics industry. It offers power management solutions and accessories for laptop computers and electronic mobile devices.

Executives

Leonard J Mcgill	officer: Gen. Counsel, VP & Asst. Sec.	3125 MYERS STREET, RIVERSIDE CA 92503
Adage Capital Partners Gp, L.l.c.	10 percent owner	200 CLARENDON STREET, 52ND FLOOR, BOSTON MA 02116
Frederic Welts	director	GOLDEN STATE WARRIORS, 1011 BROADWAY, OAKLAND CA 94607
Peter L Ax	director
Steel Excel Inc.	10 percent owner	590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners Holdings L.p.	10 percent owner	590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Sph Group Holdings Llc	10 percent owner	C/O STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Sph Group Llc	10 percent owner	C/O STEEL PARTNERS HOLDINGS L.P., 590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Steel Partners Holdings Gp Inc.	10 percent owner	590 MADISON AVENUE, 32ND FLOOR, NEW YORK NY 10022
Jack L Howard	director, other: See explanation of responses.	182 FARMERS LANE, STE 101, SANTA ROSA CA 95405
Brian M Roberts	officer: General Counsel and Secretary, other: Vice President	18835 N. THOMPSON PEAK PARKWAY, SUITE 300 & 380, SCOTTSDALE AZ 85255
Robert W Shaner	director	INTERDIGITAL, INC., 781 THIRD AVENUE, KING OF PRUSSIA PA 19406
Jerre L Stead	director	4TH FLOOR, ROPEMAKER PLACE, 25 ROPEMAKER STREET, LONDON X0 EC2Y 9LY