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Rekor Systems Days Inventory

: 58.79 (As of Sep. 2020)
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Rekor Systems's Total Inventories for the three months ended in Sep. 2020 was $0.63 Mil. Rekor Systems's Cost of Goods Sold for the three months ended in Sep. 2020 was $0.98 Mil. Hence, Rekor Systems's Days Inventory for the three months ended in Sep. 2020 was 58.79.

NAS:REKR' s Days Inventory Range Over the Past 10 Years
Min: 4.13   Med: 4.19   Max: 16.73
Current: 16.73
4.13
16.73

During the past 4 years, Rekor Systems's highest Days Inventory was 16.73. The lowest was 4.13. And the median was 4.19.

NAS:REKR's Days Inventory is ranked higher than
52% of the 1276 Companies
in the Software industry.

( Industry Median: 18.19 vs. NAS:REKR: 16.73 )

Rekor Systems's Days Inventory declined from Sep. 2019 (70.08) to Sep. 2020 (58.79).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Total Inventories can be measured by Days Sales of Inventory (DSI).

Inventory Turnover measures how fast the company turns over its inventory within a year. Rekor Systems's Inventory Turnover for the three months ended in Sep. 2020 was 1.55.

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. Rekor Systems's Inventory-to-Revenue for the three months ended in Sep. 2020 was 0.30.

Rekor Systems Days Inventory Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Rekor Systems Annual Data
Dec16 Dec17 Dec18 Dec19
Days Inventory 0.00 4.13 4.19 7.56

Rekor Systems Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
Days Inventory 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 70.08 3.96 72.96 41.66 58.79
Competitive Comparison
* 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.

Rekor Systems Days Inventory Distribution

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


Rekor Systems Days Inventory Calculation

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

Rekor Systems's Days Inventory for the fiscal year that ended in Dec. 2019 is calculated as

Days Inventory (A: Dec. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2018 ) + Total Inventories (A: Dec. 2019 )) / count ) / Cost of Goods Sold (A: Dec. 2019 )*Days in Period
=( (0.073 + 0.302) / 2 ) / 9.058*365
=0.1875 / 9.058*365
=7.56

Rekor Systems's Days Inventory for the quarter that ended in Sep. 2020 is calculated as:

Days Inventory (Q: Sep. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2020 ) + Total Inventories (Q: Sep. 2020 )) / count ) / Cost of Goods Sold (Q: Sep. 2020 )*Days in Period
=( (0.677 + 0.591) / 2 ) / 0.984*365 / 4
=0.634 / 0.984*365 / 4
=58.79

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Rekor Systems  (NAS:REKR) Days Inventory Explanation

An increase of Days Inventory may indicate the company's sales slowed.

1. Total Inventories can be measured by Days Sales of Inventory (DSI).

Rekor Systems's Days Sales of Inventory for the three months ended in Sep. 2020 is calculated as

Days Sales of Inventory (DSI)=Total Inventories/Revenue*Days in Period
=0.634/2.126*365 / 4
=27.21

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

Rekor Systems's Inventory Turnover for the three months ended in Sep. 2020 is calculated as

Inventory Turnover=Cost of Goods Sold / Total Inventories
=0.984 / 0.634
=1.55

3. 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.

Rekor Systems's Inventory to Revenue for the three months ended in Sep. 2020 is calculated as

Inventory-to-Revenue=Total Inventories / Revenue
=0.634 / 2.126
=0.30

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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.

Rekor Systems Days Inventory Related Terms

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