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Axon Enterprise (Axon Enterprise) Days Inventory : 143.71 (As of Dec. 2023)


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What is Axon Enterprise Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Axon Enterprise's Average Total Inventories for the three months ended in Dec. 2023 was $265 Mil. Axon Enterprise's Cost of Goods Sold for the three months ended in Dec. 2023 was $168 Mil. Hence, Axon Enterprise's Days Inventory for the three months ended in Dec. 2023 was 143.71.

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

AXON' s Days Inventory Range Over the Past 10 Years
Min: 59.27   Med: 92.18   Max: 144.37
Current: 144.37

During the past 13 years, Axon Enterprise's highest Days Inventory was 144.37. The lowest was 59.27. And the median was 92.18.

AXON's Days Inventory is ranked worse than
51.74% of 288 companies
in the Aerospace & Defense industry
Industry Median: 138.735 vs AXON: 144.37

Axon Enterprise's Days Inventory increased from Dec. 2022 (131.32) to Dec. 2023 (143.71). It might indicate that Axon Enterprise's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Axon Enterprise's Inventory Turnover for the three months ended in Dec. 2023 was 0.63.

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. Axon Enterprise's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.61.


Axon Enterprise Days Inventory Historical Data

The historical data trend for Axon Enterprise'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.

Axon Enterprise Days Inventory Chart

Axon Enterprise Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.27 88.81 112.42 123.10 141.77

Axon Enterprise Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 131.32 138.82 150.51 146.93 143.71

Competitive Comparison of Axon Enterprise's Days Inventory

For the Aerospace & Defense subindustry, Axon Enterprise'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.


Axon Enterprise's Days Inventory Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Axon Enterprise's Days Inventory distribution charts can be found below:

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



Axon Enterprise Days Inventory Calculation

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

Axon Enterprise'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
=( (202.471 + 269.855) / 2 ) / 608.009*365
=236.163 / 608.009*365
=141.77

Axon Enterprise'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
=( (260.119 + 269.855) / 2 ) / 168.255*365 / 4
=264.987 / 168.255*365 / 4
=143.71

* 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.


Axon Enterprise  (NAS:AXON) 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.

Axon Enterprise's Inventory Turnover for the three months ended in Dec. 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.

Axon Enterprise's Inventory to Revenue for the three months ended in Dec. 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.


Axon Enterprise Days Inventory Related Terms

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


Axon Enterprise (Axon Enterprise) Business Description

Traded in Other Exchanges
Address
17800 North 85th Street, Scottsdale, AZ, USA, 85255
Axon Enterprise Inc develops, manufactures, and sells conducted energy devices and cloud-based digital evidence management software designed for use by law enforcement, corrections, military forces, private security personnel, and private individuals for personal defense. The company operates in two segments: Taser and software & sensors. Taser develops and sells CEDs used for protecting users and virtual reality training. Software and sensors manufacture fully integrated hardware and cloud-based software solutions such as body cameras, automated license plate reading, and digital evidence management systems. Axon delivers its products worldwide and gets most of its revenue from the United States.
Executives
Joshua Isner officer: EVP Global Sales 17800 N 85TH ST, SCOTTSDALE AZ 85255
Jeffrey C Kunins officer: Chief Product Officer 17800 NORTH 85TH STREET, SCOTTSDALE AZ 85255
Brittany Bagley officer: CFO & CBO C/O SONOS, INC., 614 CHAPALA STREET, SANTA BARBARA CA 93101
Julie A Cullivan director 17800 N 85TH ST, SCOTTSDALE AZ 85255
Hadi Partovi director 9655 LAKE WASHINGTON BLVD NE, BELLEVUE WA 98004
Erika Nardini director 1241 E MAIN ST, STAMFORD CT 06902-3520
Patrick W Smith director, officer: Chief Executive Officer 7860 EAST MCCLAIN DRIVE, SUITE 2, SCOTTSDALE AZ 85260-1627
Jeri Williams director 17800 N 85TH ST, SCOTTSDALE AZ 85255
Graham Smith director 301 BRANNMAN ST, SAN FRANCISCO CA 94107
Mark W Kroll director PO BOX 23, CRYSTAL BAY MN 55323
Caitlin Elizabeth Kalinowski director 17800 NORTH 85TH STREET, SCOTTSDALE AZ 85255
Michael Garnreiter director 6735 E. GREENWAY PARKWAY, UNIT #2049, SCOTTSDALE AZ 85254
Luke Larson officer: Chief Marketing Officer 17800 N 85TH ST, SCOTTSDALE AZ 85255
Matthew R Mcbrady director
James Zito officer: Chief Financial Officer 17800 N 85TH ST, SCOTTSDALE AZ 85255