IronNet (IronNet) Days Inventory : 41.85 (As of Oct. 2023)

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What is IronNet Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). IronNet's Average Total Inventories for the three months ended in Oct. 2023 was $1.76 Mil. IronNet's Cost of Goods Sold for the three months ended in Oct. 2023 was $3.83 Mil. Hence, IronNet's Days Inventory for the three months ended in Oct. 2023 was 41.85.

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

IRNTQ' s Days Inventory Range Over the Past 10 Years
Min: 69.71 Med: 113.32 Max: 131.5
Current: 69.71

During the past 3 years, IronNet's highest Days Inventory was 131.50. The lowest was 69.71. And the median was 113.32.

IRNTQ's Days Inventory is ranked worse than
73.08% of 1564 companies
in the Software industry
Industry Median: 19.625 vs IRNTQ: 69.71

IronNet's Days Inventory declined from Oct. 2022 (113.88) to Oct. 2023 (41.85).

Inventory Turnover measures how fast the company turns over its inventory within a year. IronNet's Inventory Turnover for the three months ended in Oct. 2023 was 2.18.

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. IronNet's Inventory-to-Revenue for the three months ended in Oct. 2023 was 0.39.

IronNet Days Inventory Historical Data

The historical data trend for IronNet'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.

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IronNet Days Inventory Chart

IronNet Annual Data

Trend

Jan21

Jan22

Jan23

Days Inventory

113.32

131.50

94.55

IronNet Quarterly Data
	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Days Inventory	Get a 7-Day Free Trial								113.88	65.57	90.43	103.89	41.85

Competitive Comparison of IronNet's Days Inventory

For the Software - Infrastructure subindustry, IronNet'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.

IronNet's Days Inventory Distribution in the Software Industry

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

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

IronNet Days Inventory Calculation

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

IronNet's Days Inventory for the fiscal year that ended in Jan. 2023 is calculated as

	Days Inventory (A: Jan. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jan. 2022 )	+	Total Inventories (A: Jan. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jan. 2023 )	*	Days in Period
=	( (4.581	+	2.669)	/	2 )	/	13.994	*	365
=	3.625					/	13.994	*	365
=	94.55

IronNet's Days Inventory for the quarter that ended in Oct. 2023 is calculated as:

	Days Inventory (Q: Oct. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jul. 2023 )	+	Total Inventories (Q: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Oct. 2023 )	*	Days in Period
=	( (2.643	+	0.872)	/	2 )	/	3.832	*	365 / 4
=	1.7575					/	3.832	*	365 / 4
=	41.85

IronNet (OTCPK:IRNTQ) 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.

IronNet's Inventory Turnover for the three months ended in Oct. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3.832	/	1.7575
	=	2.18

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.

IronNet's Inventory to Revenue for the three months ended in Oct. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.7575	/	4.562
	=	0.39

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.

IronNet Days Inventory Related Terms

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

IronNet (IronNet) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » IronNet Inc (OTCPK:IRNTQ) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

7900 Tysons One Place, Suite 400, McLean, VA, USA, 22102

Website

https://www.ironnet.com

IronNet Inc is a cybersecurity leader that is transforming how organizations secure their networks by delivering the first-ever Collective Defense platform operating at scale.

Executives

Linda Kay Zecher	director, officer: Chief Executive Officer	C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861
Donald Closser	officer: Chief Product Officer	C/O IRONNET, INC., 7900 TYSONS ONE PLACE, SUITE 400, MCLEAN VA 22102
Cameron Pforr	officer: Chief Financial Officer	C/O IRONNET, INC., 7900 TYSONS ONE PLACE, SUITE 400, MCLEAN VA 22102
James C Gerber	officer: Chief Financial Officer	C/O IRONNET, INC., 7900 TYSONS ONE PLACE, SUITE 400, MCLEAN VA 22102
William E Welch	director, officer: Co-CEO & Director	C/O ZSCALER INC, 110 ROSE ORCHARD WAY, SAN JOSE CA 95134
Michael J Rogers	director	C/O IRONNET, INC., 7900 TYSONS ONCE PLACE, SUITE 400, MCLEAN VA 22102
John M Keane	director	C/O METLIFE INC, ONE MADISON AVE, NEW YORK NY 10010
Keith Brian Alexander	director, officer: Co-CEO, President & Chairman	P.O. BOX 81226, SEATTLE WA 98108-1226
Forgepoint Cybersecurity Fund I, L.p.	10 percent owner	400 S. EL CAMINO REAL, SUITE 1050, SAN MATEO CA 94402
Forgepoint Cybersecurity Gp-i, Llc	10 percent owner	400 S EL CAMINO REAL SUITE 1050, SAN MATEO CA 94402
Andre Pienaar	director	C/O IRONNET, INC., 7900 TYSONS ONE PLACE, SUITE 400, MCLEAN VA 22102
Sean Foster	officer: Chief Revenue Officer	C/O IRONNET, INC., 7900 TYSONS ONE PLACE, SUITE 400, MCLEAN VA 22102
Russell Cobb	officer: Chief Marketing Officer	C/O IRONNET, INC., 7900 TYSONS ONE PLACE, SUITE 400, MCLEAN VA 22102
Forgepoint Cyber Co-investors I-e, L.p.	10 percent owner	400 S. EL CAMINO REAL, SUITE 1050, SAN MATEO CA 94402
Forgepoint Cyber Co-investors I-c, L.p.	10 percent owner	400 S. EL CAMINO REAL, SUITE 1050, SAN MATEO CA 94402