Wavefront Technology Solutions (TSXV:WEE.H) Days Inventory : 164.58 (As of May. 2022)

Wavefront Technology Solutions Days Inventory Chart

Wavefront Technology Solutions Annual Data
	Trend	Aug12	Aug13	Aug14	Aug15	Aug16	Aug17	Aug18	Aug19	Aug20	Aug21
Days Inventory		Get a 7-Day Free Trial					94.46	78.53	68.53	303.66	347.97

Wavefront Technology Solutions Quarterly Data
	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22
Days Inventory	Get a 7-Day Free Trial															480.82	192.28	215.68	242.46	164.58

Competitive Comparison of Wavefront Technology Solutions's Days Inventory

For the Oil & Gas Equipment & Services subindustry, Wavefront Technology 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.

Wavefront Technology Solutions's Days Inventory Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Wavefront Technology Solutions's Days Inventory distribution charts can be found below:

* The bar in red indicates where Wavefront Technology Solutions's Days Inventory falls into.

Wavefront Technology Solutions Days Inventory Calculation

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

Wavefront Technology Solutions's Days Inventory for the fiscal year that ended in Aug. 2021 is calculated as

Wavefront Technology Solutions's Days Inventory for the quarter that ended in May. 2022 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.

Wavefront Technology Solutions  (TSXV:WEE.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.

Wavefront Technology Solutions's Inventory Turnover for the three months ended in May. 2022 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.

Wavefront Technology Solutions's Inventory to Revenue for the three months ended in May. 2022 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.

Wavefront Technology Solutions Days Inventory Related Terms

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

Wavefront Technology Solutions (TSXV:WEE.H) Business Description