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CISO Global (CISO Global) Days Inventory : 1.15 (As of Dec. 2023)


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What is CISO Global Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). CISO Global's Average Total Inventories for the three months ended in Dec. 2023 was $0.15 Mil. CISO Global's Cost of Goods Sold for the three months ended in Dec. 2023 was $11.58 Mil. Hence, CISO Global's Days Inventory for the three months ended in Dec. 2023 was 1.15.

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

CISO' s Days Inventory Range Over the Past 10 Years
Min: 0.54   Med: 0.84   Max: 5.2
Current: 0.54

During the past 6 years, CISO Global's highest Days Inventory was 5.20. The lowest was 0.54. And the median was 0.84.

CISO's Days Inventory is ranked better than
91.67% of 1561 companies
in the Software industry
Industry Median: 19.5 vs CISO: 0.54

CISO Global's Days Inventory declined from Dec. 2022 (1.16) to Dec. 2023 (1.15).

Inventory Turnover measures how fast the company turns over its inventory within a year. CISO Global's Inventory Turnover for the three months ended in Dec. 2023 was 79.34.

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. CISO Global's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.01.


CISO Global Days Inventory Historical Data

The historical data trend for CISO Global'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.

CISO Global Days Inventory Chart

CISO Global Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial - - 5.20 0.84 0.83

CISO Global Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.16 0.11 0.24 0.51 1.15

Competitive Comparison of CISO Global's Days Inventory

For the Software - Infrastructure subindustry, CISO Global'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.


CISO Global's Days Inventory Distribution in the Software Industry

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

* The bar in red indicates where CISO Global's Days Inventory falls into.



CISO Global Days Inventory Calculation

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

CISO Global'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
=( (0.012 + 0.219) / 2 ) / 51.009*365
=0.1155 / 51.009*365
=0.83

CISO Global's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0.073 + 0.219) / 2 ) / 11.584*365 / 4
=0.146 / 11.584*365 / 4
=1.15

* 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.


CISO Global  (NAS:CISO) 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.

CISO Global's Inventory Turnover for the three months ended in Dec. 2023 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.

CISO Global's Inventory to Revenue for the three months ended in Dec. 2023 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.


CISO Global Days Inventory Related Terms

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


CISO Global (CISO Global) Business Description

Traded in Other Exchanges
N/A
Address
6900 East Camelback Road, Suite 240, Scottsdale, AZ, USA, 85251
CISO Global Inc provides cybersecurity services. The services are used to protect client's data, financial information, intellectual property, and business reputation. The services include penetration testing, security remediation, compliance auditing, vulnerability assessment, and others. Geographically, the company operates in U.S., Chile and All other countries. The majority of revenue is generated from U.S.
Executives
Kyle J. Young officer: Interim COO C/O CISO GLOBAL, INC., 6900 E. CAMELBACK ROAD, SUITE 240, SCOTTSDALE AZ 85251
Ashley Nicole Devoto director, officer: See Remarks C/O CERBERUS CYBER SENTINEL CORPORATION, SUITE 240, SCOTTSDALE AZ 85251
David A. Bennett officer: Chief Operating Officer 6900 E. CAMELBACK ROAD, SUITE 240, SCOTTSDALE AZ 85251
Debra Smith officer: Chief Financial Officer 6900 E. CAMELBACK ROAD, SUITE 240, SCOTTSDALE AZ 85251
Vandeweghe Ernest M. Iii director 6900 E. CAMELBACK ROAD, SUITE 240, SCOTTSDALE AZ 85251
Andrew K Mccain director 170 SOUTH GREEN VALLEY PARKWAY, SUITE 300, HENDERSON NV 89012
David Grant Jemmett director, officer: Chief Executive Officer 2303 N 44TH ST, 1011, PHOENIX AZ 85008
Robert C. Oaks director 6900 E. CAMELBACK ROAD, SUITE 240, SCOTTSDALE AZ 85251
Reid Scott Holbrook director 6900 E. CAMELBACK ROAD, SUITE 240, SCOTTSDALE AZ 85251
Scott Stephen H. Jr. director, 10 percent owner 6900 E. CAMELBACK ROAD, SUITE 240, SCOTTSDALE AZ 85251