Days Inventory is also known as Days Sales of Inventory (DSI). Duos Technologies Group's Average Total Inventories for the
three
months ended in Dec. 2023 was $1.53 Mil. Duos Technologies Group's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $1.22 Mil.
Hence, Duos Technologies Group's Days Inventory for the
three
months ended in Dec. 2023 was 113.95.
The historical rank and industry rank for Duos Technologies Group's Days Inventory or its related term are showing as below:
DUOT'
s Days Inventory Range Over the Past 10 Years
Min: 5.24 Med: 21.36 Max: 89.5
Current: 89.5
During the past 13 years, Duos Technologies Group's highest Days Inventory was 89.50. The lowest was 5.24. And the median was 21.36.
DUOT's Days Inventory is ranked worse than 77.7% of 1565
companies
in the Software industry
Industry Median: 19.53
vs DUOT: 89.50
Duos Technologies Group's Days Inventory
increased
from Dec. 2022 (25.55) to Dec. 2023 (113.95).
It might indicate that Duos Technologies Group's sales slowed down.
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Duos Technologies Group's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.80.
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.
Duos Technologies Group's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 1.00.
Duos Technologies Group Days Inventory Historical Data
The historical data trend for Duos Technologies Group'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.
For the Software - Application subindustry, Duos Technologies Group'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.
Duos Technologies Group Days Inventory Distribution
For the Software industry and Technology sector, Duos Technologies Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where Duos Technologies Group's Days Inventory falls into.
Duos Technologies Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Duos Technologies Group's Days Inventory for the fiscal year that 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.
Duos Technologies Group (NAS:DUOT) 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.
Duos Technologies Group'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.
Duos Technologies Group'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.
Duos Technologies Group Days Inventory Related Terms
Thank you for viewing the detailed overview of Duos Technologies Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Duos Technologies Group (Duos Technologies Group) Business Description
Duos Technologies Group Inc operating under its brand name duostech, designs, develops, deploys and operates intelligent technology solutions supporting rail, logistics and intermodal businesses that streamline operations, improve safety and reduce costs. The company's main offering, the Railcar Inspection Portal (RIP), provides both freight and transit railroad customers and select government agencies the ability to conduct fully automated railcar inspections of trains while they are moving at full speed. It has also developed the Automated Logistics Information System (ALIS) which automates gatehouse operations where transport trucks enter and exit large logistics and intermodal facilities. Its segments are Rail, Commercial, Petrochemical, Governments, Banking, IT Suppliers, and AI.
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