Days Inventory is also known as Days Sales of Inventory (DSI). Steel Connect's Average Total Inventories for the
three
months ended in Jan. 2024 was $7.2 Mil. Steel Connect's Cost of Goods Sold for the
three
months ended in Jan. 2024 was $31.7 Mil.
Hence, Steel Connect's Days Inventory for the
three
months ended in Jan. 2024 was 20.87.
The historical rank and industry rank for Steel Connect's Days Inventory or its related term are showing as below:
STCN'
s Days Inventory Range Over the Past 10 Years
Min: 11.49 Med: 26.25 Max: 41.02
Current: 22.8
During the past 13 years, Steel Connect's highest Days Inventory was 41.02. The lowest was 11.49. And the median was 26.25.
STCN's Days Inventory is ranked better than 51.82% of 658
companies
in the Media - Diversified industry
Industry Median: 26.19
vs STCN: 22.80
Steel Connect's Days Inventory
declined
from Jan. 2023 (21.66) to Jan. 2024 (20.87).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Steel Connect's Inventory Turnover for the
three
months ended in Jan. 2024 was 4.37.
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.
Steel Connect's Inventory-to-Revenue for the
three
months ended in Jan. 2024 was 0.17.
Steel Connect Days Inventory Historical Data
The historical data trend for Steel Connect'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.
Competitive Comparison of Steel Connect's Days Inventory
For the Advertising Agencies subindustry, Steel Connect'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.
Steel Connect's Days Inventory Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Steel Connect's Days Inventory distribution charts can be found below:
* The bar in red indicates where Steel Connect's Days Inventory falls into.
Steel Connect Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Steel Connect's Days Inventory for the fiscal year that ended in Jul. 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.
Steel Connect (NAS:STCN) 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.
Steel Connect's Inventory Turnover for the
three
months ended in Jan. 2024 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.
Steel Connect's Inventory to Revenue for the
three
months ended in Jan. 2024 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.
Steel Connect Days Inventory Related Terms
Thank you for viewing the detailed overview of Steel Connect's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Steel Connect (Steel Connect) Business Description
Steel Connect Inc is a diversified holding company. The company's operating segment include Direct Marketing and Supply Chain. It generates maximum revenue from the Direct Marketing segment. Geographically, it derives a majority of revenue from the United States and also has a presence in China; Netherlands, and others. The company serves clients in various industries including consumer electronics, communications, computing, software, storage, and retail industries.
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