GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Silver Spring Networks Inc (NYSE:SSNI) » Definitions » Days Inventory

Silver Spring Networks (Silver Spring Networks) Days Inventory : 15.34 (As of Sep. 2017)


View and export this data going back to 2013. Start your Free Trial

What is Silver Spring Networks Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Silver Spring Networks's Average Total Inventories for the three months ended in Sep. 2017 was $5.7 Mil. Silver Spring Networks's Cost of Goods Sold for the three months ended in Sep. 2017 was $33.8 Mil. Hence, Silver Spring Networks's Days Inventory for the three months ended in Sep. 2017 was 15.34.

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

SSNI's Days Inventory is not ranked *
in the Hardware industry.
Industry Median: 104.01
* Ranked among companies with meaningful Days Inventory only.

Silver Spring Networks's Days Inventory increased from Sep. 2016 (7.73) to Sep. 2017 (15.34). It might indicate that Silver Spring Networks's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Silver Spring Networks's Inventory Turnover for the three months ended in Sep. 2017 was 5.95.

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. Silver Spring Networks's Inventory-to-Revenue for the three months ended in Sep. 2017 was 0.12.


Silver Spring Networks Days Inventory Historical Data

The historical data trend for Silver Spring Networks'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.

Silver Spring Networks Days Inventory Chart

Silver Spring Networks Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Days Inventory
Get a 7-Day Free Trial Premium Member Only 11.30 10.42 14.97 7.79 13.29

Silver Spring Networks Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 7.73 16.08 18.56 2.41 15.34

Competitive Comparison of Silver Spring Networks's Days Inventory

For the Computer Hardware subindustry, Silver Spring Networks'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.


Silver Spring Networks's Days Inventory Distribution in the Hardware Industry

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

* The bar in red indicates where Silver Spring Networks's Days Inventory falls into.



Silver Spring Networks Days Inventory Calculation

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

Silver Spring Networks's Days Inventory for the fiscal year that ended in Dec. 2016 is calculated as

Days Inventory (A: Dec. 2016 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2015 ) + Total Inventories (A: Dec. 2016 )) / count ) / Cost of Goods Sold (A: Dec. 2016 )*Days in Period
=( (4.545 + 8.04) / 2 ) / 172.809*365
=6.2925 / 172.809*365
=13.29

Silver Spring Networks's Days Inventory for the quarter that ended in Sep. 2017 is calculated as:

Days Inventory (Q: Sep. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2017 ) + Total Inventories (Q: Sep. 2017 )) / count ) / Cost of Goods Sold (Q: Sep. 2017 )*Days in Period
=( (5.288 + 6.064) / 2 ) / 33.763*365 / 4
=5.676 / 33.763*365 / 4
=15.34

* 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.


Silver Spring Networks  (NYSE:SSNI) 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.

Silver Spring Networks's Inventory Turnover for the three months ended in Sep. 2017 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.

Silver Spring Networks's Inventory to Revenue for the three months ended in Sep. 2017 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.


Silver Spring Networks Days Inventory Related Terms

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


Silver Spring Networks (Silver Spring Networks) Business Description

Traded in Other Exchanges
N/A
Address
Silver Spring Networks Inc provides networking platform and solutions that enable utilities to transform the power grid infrastructure into the smart grid. The Company operates in United States, Australia and rest of world.
Executives
Camp Peter Van director C/O PACKETEER INC, 10201 N DEANZA BLVD, CUPERTINO CA 95014
Catriona M. Fallon officer: Chief Financial Officer C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
Foundation Capital, Llc other: Former 10% owner 550 HIGH STREET, 3RD FLOOR, PALO ALTO CA 94301
Charles Moldow other: Former 10% owner C/O FOUNDATION CAPITAL, 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Foundation Capital Management Co. Vi, Llc other: Former 10% owner 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Foundation Capital Vi Principals Fund, Llc other: Former 10% owner 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Foundation Capital Vi Lp other: Former 10% owner C/O FOUNDATION CAPITAL, 70 WILLOW ROAD, SUITE 200, MENLO PARK CA 94025
Warren M Weiss director, other: Former 10% owner FOUNDATION CAPITAL, 70 WILLOW ROAD, SUITE 200, MENLO PARK CA 94025
Paul R Holland other: Former 10% owner FOUNDATION CAPITAL, 70 WILLOW ROAD STE 200, MENLO PARK CA 94025
Paul G Koontz other: Former 10% owner FOUNDATION CAPITAL, 70 WILLOW ROAD STE 200, MENLO PARK CA 94025
William B Elmore other: Former 10% owner C/O FOUNDATION CAPITAL, 70 WILLOW ROAD STE 103, MENLO PARK CA 94025
Steven Vassallo other: Former 10% owner C/O FOUNDATION CAPITAL, 250 MIDDLEFIELD ROAD, MENLO PARK CA 94025
Reeves Donald L. Iii officer: Chief Technology Officer 555 BROADWAY STREET, REDWOOD CITY CA 94063
Michael Bell director, officer: President & CEO C/O SILVER SPRING NETWORKS, INC., 555 BROADWAY STREET, REDWOOD CITY CA 94063
Thomas H Werner director 3939 NORTH FIRST STREET, SAN JOSE CA 95134

Silver Spring Networks (Silver Spring Networks) Headlines