Days Inventory is also known as Days Sales of Inventory (DSI). NCR Atleos's Average Total Inventories for the
three
months ended in Mar. 2024 was $332 Mil. NCR Atleos's Cost of Goods Sold for the
three
months ended in Mar. 2024 was $829 Mil.
Hence, NCR Atleos's Days Inventory for the
three
months ended in Mar. 2024 was 36.49.
The historical rank and industry rank for NCR Atleos's Days Inventory or its related term are showing as below:
NATL'
s Days Inventory Range Over the Past 10 Years
Min: 42.12 Med: 50.34 Max: 64.15
Current: 42.89
During the past 4 years, NCR Atleos's highest Days Inventory was 64.15. The lowest was 42.12. And the median was 50.34.
NATL's Days Inventory is ranked worse than 64.92% of 1562
companies
in the Software industry
Industry Median: 19.44
vs NATL: 42.89
NCR Atleos's Days Inventory
declined
from Mar. 2023 (51.88) to Mar. 2024 (36.49).
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.
NCR Atleos's Inventory Turnover for the
three
months ended in Mar. 2024 was 2.50.
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.
NCR Atleos's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.32.
NCR Atleos Days Inventory Historical Data
The historical data trend for NCR Atleos'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 NCR Atleos's Days Inventory
For the Software - Application subindustry, NCR Atleos'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.
NCR Atleos's Days Inventory Distribution in the Software Industry
For the Software industry and Technology sector, NCR Atleos's Days Inventory distribution charts can be found below:
* The bar in red indicates where NCR Atleos's Days Inventory falls into.
NCR Atleos Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
NCR Atleos'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.
NCR Atleos (NYSE:NATL) 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.
NCR Atleos's Inventory Turnover for the
three
months ended in Mar. 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.
NCR Atleos's Inventory to Revenue for the
three
months ended in Mar. 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.
NCR Atleos Days Inventory Related Terms
Thank you for viewing the detailed overview of NCR Atleos's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
NCR Atleos Corp is financial technology company providing self-directed banking solutions to a global customer base including financial institutions, merchants, manufacturers, retailers and consumers. Self-directed banking is a rapidly growing, secular trend that allows banking customers to transact seamlessly between various channels all for the same transaction. Their comprehensive solutions enable the acceleration of self-directed banking through ATM and interactive teller machine (ITM) technology, including software, services, hardware and our proprietary Allpoint network.
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