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Iteris (Iteris) Days Inventory : 38.17 (As of Dec. 2023)


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What is Iteris Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Iteris's Average Total Inventories for the three months ended in Dec. 2023 was $11.1 Mil. Iteris's Cost of Goods Sold for the three months ended in Dec. 2023 was $26.6 Mil. Hence, Iteris's Days Inventory for the three months ended in Dec. 2023 was 38.17.

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

ITI' s Days Inventory Range Over the Past 10 Years
Min: 14.77   Med: 21.35   Max: 38.04
Current: 38.04

During the past 13 years, Iteris's highest Days Inventory was 38.04. The lowest was 14.77. And the median was 21.35.

ITI's Days Inventory is ranked better than
89.36% of 2405 companies
in the Hardware industry
Industry Median: 104.01 vs ITI: 38.04

Iteris's Days Inventory declined from Dec. 2022 (40.07) to Dec. 2023 (38.17).

Inventory Turnover measures how fast the company turns over its inventory within a year. Iteris's Inventory Turnover for the three months ended in Dec. 2023 was 2.39.

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. Iteris's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.26.


Iteris Days Inventory Historical Data

The historical data trend for Iteris'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.

Iteris Days Inventory Chart

Iteris Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.35 17.04 21.05 27.63 30.12

Iteris 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 40.07 36.75 38.17 37.30 38.17

Competitive Comparison of Iteris's Days Inventory

For the Communication Equipment subindustry, Iteris'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.


Iteris's Days Inventory Distribution in the Hardware Industry

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

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



Iteris Days Inventory Calculation

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

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

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (7.98 + 10.841) / 2 ) / 114.034*365
=9.4105 / 114.034*365
=30.12

Iteris'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
=( (10.781 + 11.456) / 2 ) / 26.58*365 / 4
=11.1185 / 26.58*365 / 4
=38.17

* 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.


Iteris  (NAS:ITI) 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.

Iteris'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.

Iteris'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.


Iteris Days Inventory Related Terms

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


Iteris (Iteris) Business Description

Traded in Other Exchanges
Address
1250 S. Capital of Texas Highway, Austin, TX, USA, 78746
Iteris Inc is a provider of smart mobility infrastructure management solutions. Its solutions include traveler information systems, transportation performance measurement software, traffic analytics software, transportation operations software, transportation-related data sets, advanced sensing devices, managed services, traffic engineering services, and mobility consulting services. The company's cloud-enabled end-to-end solutions help public transportation agencies, municipalities, commercial entities and other transportation infrastructure providers monitor, visualize, and optimize mobility infrastructure to make mobility safe, efficient,and sustainable for everyone. The software solutions include ClearGuide, ClearRoute, Commercial Vehicle Operations, BlueArgus, TrafficCarma,and others.
Executives
Todd Kreter officer: Vice President 1700 CARNEGIE AVE, SANTA ANA CA 92705
Andrew Wiener 10 percent owner C/O SAMJO CAPITAL, LLC, 1345 AVENUE OF THE AMERICAS, 3RD FLOOR, NEW YORK NY 10105
Samjo Management, Llc 10 percent owner 880 THIRD AVENUE, 16TH FLOOR, NEW YORK NY 10022
Gary Hall director C/O ITERIS, INC., 1250 S. CAPITAL OF TEXAS HWY, STE 330, AUSTIN TX 78746
Kimberly Valentine-poska director C/O ITERIS, INC., 1250 S. CAPITAL OF TEXAS HWY, STE 330, AUSTIN TX 78746
Kerry A Shiba officer: SVP and CFO 5847 SAN FELIPE SUITE 2500, HOUSTON TX 77057
William M. Cousins officer: SVP and Chief Product Officer C/O ITERIS, INC., 1250 S. CAPITAL OF TEXAS HWY, BLDG.1, AUSTIN TX 78746
Douglas L Groves officer: Senior Vice President & CFO ITERIS, INC., 1700 CARNEGIE AVE SUITE 100, SANTA ANA CA 92705
J. Joseph Bergera officer: President and CEO 1700 CARNEGIE AVENUE, SUITE 100, SANTA ANA CA 92705
Tom Thomas director
Ramin M Massoumi officer: Sr. Vice President 1700 CARNEGIE AVE., SUITE 100, SANTA ANA CA 92705
Gerard Mooney director 1700 CARNEGIE AVE, SANTA ANA CA 92705
Lucas P Schneider director 968 ALBANY SHAKER ROAD, LATHAM X1 12110
Anjali Joshi director
Dennis W Zank director ITERIS, INC., 1700 CARNEGIE AVE SUITE 100, SANTA ANA CA 92705