Haivision Systems (TSX:HAI) Days Inventory : 173.06 (As of Jan. 2024)

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What is Haivision Systems Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Haivision Systems's Average Total Inventories for the three months ended in Jan. 2024 was C$17.8 Mil. Haivision Systems's Cost of Goods Sold for the three months ended in Jan. 2024 was C$9.4 Mil. Hence, Haivision Systems's Days Inventory for the three months ended in Jan. 2024 was 173.06.

The historical rank and industry rank for Haivision Systems's Days Inventory or its related term are showing as below:

TSX:HAI' s Days Inventory Range Over the Past 10 Years
Min: 80.55 Med: 106 Max: 179.52
Current: 179.52

During the past 7 years, Haivision Systems's highest Days Inventory was 179.52. The lowest was 80.55. And the median was 106.00.

TSX:HAI's Days Inventory is ranked worse than
89.46% of 1565 companies
in the Software industry
Industry Median: 19.61 vs TSX:HAI: 179.52

Haivision Systems's Days Inventory increased from Jan. 2023 (168.04) to Jan. 2024 (173.06). It might indicate that Haivision Systems'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. Haivision Systems's Inventory Turnover for the three months ended in Jan. 2024 was 0.53.

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. Haivision Systems's Inventory-to-Revenue for the three months ended in Jan. 2024 was 0.51.

Haivision Systems Days Inventory Historical Data

The historical data trend for Haivision Systems'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.

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Haivision Systems Days Inventory Chart

Haivision Systems Annual Data

Trend

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Days Inventory

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80.55

91.85

116.32

138.60

176.81

Haivision Systems Quarterly Data
	Oct18	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Inventory	Get a 7-Day Free Trial															168.04	176.67	185.93	187.85	173.06

Competitive Comparison of Haivision Systems's Days Inventory

For the Software - Infrastructure subindustry, Haivision Systems'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.

Haivision Systems's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Haivision Systems's Days Inventory distribution charts can be found below:

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

Haivision Systems Days Inventory Calculation

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

Haivision Systems's Days Inventory for the fiscal year that ended in Oct. 2023 is calculated as

	Days Inventory (A: Oct. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Oct. 2022 )	+	Total Inventories (A: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (A: Oct. 2023 )	*	Days in Period
=	( (21.056	+	18.93)	/	2 )	/	41.272	*	365
=	19.993					/	41.272	*	365
=	176.81

Haivision Systems's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

	Days Inventory (Q: Jan. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Oct. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (18.93	+	16.673)	/	2 )	/	9.386	*	365 / 4
=	17.8015					/	9.386	*	365 / 4
=	173.06

Haivision Systems (TSX:HAI) 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.

Haivision Systems's Inventory Turnover for the three months ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	9.386	/	17.8015
	=	0.53

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.

Haivision Systems's Inventory to Revenue for the three months ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	17.8015	/	34.579
	=	0.51

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.

Haivision Systems Days Inventory Related Terms

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

Haivision Systems (TSX:HAI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Haivision Systems Inc (TSX:HAI) » Definitions » Days Inventory

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HAIVF:USA

Address

2600 Boulevard Alfred Nobel, 5th Floor, Montreal, QC, CAN, H4S 0A9

Website

https://www.haivision.com

Haivision Systems Inc is a provider of infrastructure solutions for the video streaming market, servicing enterprises and governments globally. The organizations use company solutions to communicate, collaborate and educate customers and stakeholders. It delivers high quality, low latency, secure and reliable video through the entire IP video lifecycle, using a broad range of software, hardware, and services. Its geographical segments are Canada, International, and the United States, of which the majority of its revenue comes from the United States.

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