Days Inventory is also known as Days Sales of Inventory (DSI). Nogin's Average Total Inventories for the
three
months ended in Sep. 2023 was $11.26 Mil. Nogin's Cost of Goods Sold for the
three
months ended in Sep. 2023 was $7.43 Mil.
Hence, Nogin's Days Inventory for the
three
months ended in Sep. 2023 was 138.29.
The historical rank and industry rank for Nogin's Days Inventory or its related term are showing as below:
NOGNQ'
s Days Inventory Range Over the Past 10 Years
Min: 2.78 Med: 93.75 Max: 129.53
Current: 129.53
During the past 4 years, Nogin's highest Days Inventory was 129.53. The lowest was 2.78. And the median was 93.75.
NOGNQ's Days Inventory is ranked worse than 83.83% of 1565
companies
in the Software industry
Industry Median: 19.53
vs NOGNQ: 129.53
Nogin's Days Inventory
increased
from Sep. 2022 (80.12) to Sep. 2023 (138.29).
It might indicate that Nogin'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.
Nogin's Inventory Turnover for the
three
months ended in Sep. 2023 was 0.66.
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.
Nogin's Inventory-to-Revenue for the
three
months ended in Sep. 2023 was 1.03.
Nogin Days Inventory Historical Data
The historical data trend for Nogin'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, Nogin'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.
Nogin Days Inventory Distribution
For the Software industry and Technology sector, Nogin's Days Inventory distribution charts can be found below:
* The bar in red indicates where Nogin's Days Inventory falls into.
Nogin Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Nogin's Days Inventory for the fiscal year that ended in Dec. 2022 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.
Nogin (OTCPK:NOGNQ) 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.
Nogin's Inventory Turnover for the
three
months ended in Sep. 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.
Nogin's Inventory to Revenue for the
three
months ended in Sep. 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.
Nogin Days Inventory Related Terms
Thank you for viewing the detailed overview of Nogin's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Nogin Inc is a software company that delivers commerce as a service to brands in the fashion, CPG, beauty, health, and wellness industries. The company's Intelligent Commerce platform provides a full suite of capabilities including storefront, order management, catalog maintenance, fulfillment, returns management, customer data analytics, and marketing optimization tailored for online brands and all consolidated within a single software solution. its clients utilize Nogin's technology to help accelerate the growth of their gross merchandise value, improve their customer engagement, and reduce costs. The company derives its revenue from CaaS service revenue, product revenue, shipping revenue, Marketing, and other revenue.
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