iSign Media Solutions (TSXV:ISD.H) Days Inventory : 273.75 (As of Jan. 2023)

View and export this data going back to 2008. Start your Free Trial

What is iSign Media Solutions Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). iSign Media Solutions's Average Total Inventories for the three months ended in Jan. 2023 was C$0.01 Mil. iSign Media Solutions's Cost of Goods Sold for the three months ended in Jan. 2023 was C$0.00 Mil. Hence, iSign Media Solutions's Days Inventory for the three months ended in Jan. 2023 was 273.75.

The historical rank and industry rank for iSign Media Solutions's Days Inventory or its related term are showing as below:

TSXV:ISD.H's Days Inventory is not ranked ^*
in the Software industry.
Industry Median: 19.61
* Ranked among companies with meaningful Days Inventory only.

iSign Media Solutions's Days Inventory increased from Jan. 2022 (164.25) to Jan. 2023 (273.75). It might indicate that iSign Media Solutions's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. iSign Media Solutions's Inventory Turnover for the three months ended in Jan. 2023 was 0.33.

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.

iSign Media Solutions Days Inventory Historical Data

The historical data trend for iSign Media Solutions'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.

iSign Media Solutions Days Inventory Chart

iSign Media Solutions Annual Data

Trend

Apr13

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Days Inventory

Get a 7-Day Free Trial

205.31

193.24

iSign Media Solutions Quarterly Data
	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23
Days Inventory	Get a 7-Day Free Trial															164.25	205.31	205.31	205.31	273.75

Competitive Comparison of iSign Media Solutions's Days Inventory

For the Software - Application subindustry, iSign Media Solutions'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.

iSign Media Solutions's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, iSign Media Solutions's Days Inventory distribution charts can be found below:

* The bar in red indicates where iSign Media Solutions's Days Inventory falls into.

iSign Media Solutions Days Inventory Calculation

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

iSign Media Solutions's Days Inventory for the fiscal year that ended in Apr. 2022 is calculated as

	Days Inventory (A: Apr. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Apr. 2021 )	+	Total Inventories (A: Apr. 2022 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2022 )	*	Days in Period
=	( (0.009	+	0.009)	/	2 )	/	0.017	*	365
=	0.009					/	0.017	*	365
=	193.24

iSign Media Solutions's Days Inventory for the quarter that ended in Jan. 2023 is calculated as:

	Days Inventory (Q: Jan. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Oct. 2022 )	+	Total Inventories (Q: Jan. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2023 )	*	Days in Period
=	( (0.009	+	0.009)	/	2 )	/	0.003	*	365 / 4
=	0.009					/	0.003	*	365 / 4
=	273.75

iSign Media Solutions (TSXV:ISD.H) 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.

iSign Media Solutions's Inventory Turnover for the three months ended in Jan. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.003	/	0.009
	=	0.33

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.

iSign Media Solutions's Inventory to Revenue for the three months ended in Jan. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.009	/	0
	=

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.

iSign Media Solutions Days Inventory Related Terms

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

iSign Media Solutions (TSXV:ISD.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » iSign Media Solutions Inc (TSXV:ISD.H) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

105 West Beaver Creek Road, Suite 303, Richmond Hill, ON, CAN, L4B 1C6

Website

https://www.isignmedia.com

iSign Media Solutions Inc is a data-focused Software-as-a-Service (SaaS) company. It is engaged in gathering point-of-sale data and mobile shopper preferences to generate actionable data and reveal valuable consumer insights. It mainly offers two solutions, which includes Smart Antenna which utilizes Bluetooth and Wi-Fi location-aware technology and Interactive Marketing System which uses Bluetooth. Most of its revenue is generated from North America.

iSign Media Solutions (TSXV:ISD.H) Headlines

No Headlines