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COMSovereign Holding (COMSovereign Holding) Days Inventory : 3,322.29 (As of Sep. 2023)


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What is COMSovereign Holding Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). COMSovereign Holding's Average Total Inventories for the three months ended in Sep. 2023 was $3.79 Mil. COMSovereign Holding's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.10 Mil. Hence, COMSovereign Holding's Days Inventory for the three months ended in Sep. 2023 was 3,322.29.

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

COMSW' s Days Inventory Range Over the Past 10 Years
Min: 30.82   Med: 246.76   Max: 781.68
Current: 655.6

During the past 13 years, COMSovereign Holding's highest Days Inventory was 781.68. The lowest was 30.82. And the median was 246.76.

COMSW's Days Inventory is ranked worse than
100% of 295 companies
in the Telecommunication Services industry
Industry Median: 19.16 vs COMSW: 655.60

COMSovereign Holding's Days Inventory increased from Sep. 2022 (368.38) to Sep. 2023 (3,322.29). It might indicate that COMSovereign Holding'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. COMSovereign Holding's Inventory Turnover for the three months ended in Sep. 2023 was 0.03.

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. COMSovereign Holding's Inventory-to-Revenue for the three months ended in Sep. 2023 was 15.15.


COMSovereign Holding Days Inventory Historical Data

The historical data trend for COMSovereign Holding'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.

COMSovereign Holding Days Inventory Chart

COMSovereign Holding Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 107.16 303.80 365.68 588.96 341.62

COMSovereign Holding Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 368.38 375.36 1,258.40 459.24 3,322.29

Competitive Comparison of COMSovereign Holding's Days Inventory

For the Telecom Services subindustry, COMSovereign Holding'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.


COMSovereign Holding's Days Inventory Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, COMSovereign Holding's Days Inventory distribution charts can be found below:

* The bar in red indicates where COMSovereign Holding's Days Inventory falls into.



COMSovereign Holding Days Inventory Calculation

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

COMSovereign Holding's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (10.249 + 3.966) / 2 ) / 7.594*365
=7.1075 / 7.594*365
=341.62

COMSovereign Holding's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (3.807 + 3.766) / 2 ) / 0.104*365 / 4
=3.7865 / 0.104*365 / 4
=3,322.29

* 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.


COMSovereign Holding  (OTCPK:COMSW) 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.

COMSovereign Holding's Inventory Turnover for the three months ended in Sep. 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.

COMSovereign Holding's Inventory to Revenue for the three months ended in Sep. 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.


COMSovereign Holding Days Inventory Related Terms

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


COMSovereign Holding (COMSovereign Holding) Business Description

Traded in Other Exchanges
Address
6890 E Sunrise Drive, Suite 120-506, Tucson, AZ, USA, 85750
COMSovereign Holding Corp is a provider of telecom solutions to network operators, mobile device carriers, governmental units and other enterprises world wide. The company offers Telecom and Network Products and Solutions, Wireless Transport Solutions , Edge Compute Capable 4G LTE and 5G Network in a Box and Tethered Drones and Aerostats. The company generates maximum revenue from North America.