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AZ (A2Z Cust2Mate Solutions) Days Inventory : 20.68 (As of Sep. 2024)


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What is A2Z Cust2Mate Solutions Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). A2Z Cust2Mate Solutions's Average Total Inventories for the three months ended in Sep. 2024 was $0.30 Mil. A2Z Cust2Mate Solutions's Cost of Goods Sold for the three months ended in Sep. 2024 was $1.33 Mil. Hence, A2Z Cust2Mate Solutions's Days Inventory for the three months ended in Sep. 2024 was 20.68.

The historical rank and industry rank for A2Z Cust2Mate Solutions's Days Inventory or its related term are showing as below:

AZ' s Days Inventory Range Over the Past 10 Years
Min: 12.16   Med: 17.71   Max: 104.88
Current: 19.2

During the past 6 years, A2Z Cust2Mate Solutions's highest Days Inventory was 104.88. The lowest was 12.16. And the median was 17.71.

AZ's Days Inventory is ranked better than
50.22% of 1573 companies
in the Software industry
Industry Median: 19.41 vs AZ: 19.20

A2Z Cust2Mate Solutions's Days Inventory increased from Sep. 2023 (19.75) to Sep. 2024 (20.68). It might indicate that A2Z Cust2Mate Solutions's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. A2Z Cust2Mate Solutions's Inventory Turnover for the three months ended in Sep. 2024 was 4.41.

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. A2Z Cust2Mate Solutions's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.15.


A2Z Cust2Mate Solutions Days Inventory Historical Data

The historical data trend for A2Z Cust2Mate 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.

A2Z Cust2Mate Solutions Days Inventory Chart

A2Z Cust2Mate Solutions Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 17.71 12.20 104.88 36.95 12.16

A2Z Cust2Mate Solutions Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 19.75 19.90 16.52 15.70 20.68

Competitive Comparison of A2Z Cust2Mate Solutions's Days Inventory

For the Software - Application subindustry, A2Z Cust2Mate 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.


A2Z Cust2Mate Solutions's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, A2Z Cust2Mate Solutions's Days Inventory distribution charts can be found below:

* The bar in red indicates where A2Z Cust2Mate Solutions's Days Inventory falls into.



A2Z Cust2Mate Solutions Days Inventory Calculation

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

A2Z Cust2Mate Solutions's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0.375 + 0.25) / 2 ) / 9.382*365
=0.3125 / 9.382*365
=12.16

A2Z Cust2Mate Solutions's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0.241 + 0.361) / 2 ) / 1.328*365 / 4
=0.301 / 1.328*365 / 4
=20.68

* 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.


A2Z Cust2Mate Solutions  (NAS:AZ) 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.

A2Z Cust2Mate Solutions's Inventory Turnover for the three months ended in Sep. 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.

A2Z Cust2Mate Solutions's Inventory to Revenue for the three months ended in Sep. 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.


A2Z Cust2Mate Solutions Days Inventory Related Terms

Thank you for viewing the detailed overview of A2Z Cust2Mate Solutions's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


A2Z Cust2Mate Solutions Business Description

Traded in Other Exchanges
Address
609 Granville Street, Suite 1600, Vancouver, BC, CAN, V7Y 1C3
A2Z Cust2Mate Solutions Corp is engaged in creating shopping carts. With the help of a user-friendly smart algorithm, touch screen, and other technologies, the company streamlines the retail shopping experience by scanning purchased products and enabling in-cart payment so that customers can simply pick & go, and bypass long cashier checkout lines.