Globant (Globant) Days Inventory

: 0.00 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Globant's Average Total Inventories for the three months ended in Dec. 2023 was $0 Mil. Globant's Cost of Goods Sold for the three months ended in Dec. 2023 was $372 Mil. Hence, Globant's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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

GLOB's Days Inventory is not ranked ^*
in the Software industry.
Industry Median: 19.53
* Ranked among companies with meaningful Days Inventory only.

Globant's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Globant's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.

Globant Days Inventory Historical Data

The historical data trend for Globant'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.

Globant Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Globant Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory																-	-	-	-	-

Competitive Comparison

For the Information Technology Services subindustry, Globant'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.

Globant Days Inventory Distribution

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

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

Globant Days Inventory Calculation

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

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

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	1340.178	*	365
=	0					/	1340.178	*	365
=	0.00

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

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	372.384	*	365 / 4
=	0					/	372.384	*	365 / 4
=	0.00

Globant (NYSE:GLOB) 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.

Globant's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	372.384	/	0
	=

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	580.705
	=	0.00

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.

Globant Days Inventory Related Terms

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

Globant (Globant) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Globant SA (NYSE:GLOB) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

2G2:Germany 2G2:Germany

Address

37A, Avenue J.F. Kennedy, Luxembourg, LUX, L-1855

Website

https://www.globant.com

Globant is a next-generation IT services company that primarily assists clients with their digital transformation efforts by creating customized software for them. The company was founded in 2003 in Argentina but is currently headquartered in Luxembourg and primarily serves clients in the U.S. and Latin America. Globant's client base is relatively concentrated in the media and entertainment and financial services industries.