DZS (DZSI) Days Inventory : 110.90 (As of Mar. 2023)

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What is DZS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). DZS's Average Total Inventories for the three months ended in Mar. 2023 was $74.1 Mil. DZS's Cost of Goods Sold for the three months ended in Mar. 2023 was $61.0 Mil. Hence, DZS's Days Inventory for the three months ended in Mar. 2023 was 110.90.

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

DZSI's Days Inventory is not ranked ^*
in the Hardware industry.
Industry Median: 103.77
* Ranked among companies with meaningful Days Inventory only.

DZS's Days Inventory declined from Mar. 2022 (112.08) to Mar. 2023 (110.90).

Inventory Turnover measures how fast the company turns over its inventory within a year. DZS's Inventory Turnover for the three months ended in Mar. 2023 was 0.82.

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. DZS's Inventory-to-Revenue for the three months ended in Mar. 2023 was 0.82.

DZS Days Inventory Historical Data

The historical data trend for DZS'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.

DZS Days Inventory Chart

DZS Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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56.57

61.17

67.18

76.56

96.03

DZS Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Days Inventory	Get a 7-Day Free Trial															112.08	93.76	99.22	106.17	110.90

Competitive Comparison of DZS's Days Inventory

For the Communication Equipment subindustry, DZS'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.

DZS's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, DZS's Days Inventory distribution charts can be found below:

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

DZS Days Inventory Calculation

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

DZS'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
=	( (56.893	+	78.513)	/	2 )	/	257.335	*	365
=	67.703					/	257.335	*	365
=	96.03

DZS's Days Inventory for the quarter that ended in Mar. 2023 is calculated as:

	Days Inventory (Q: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
=	( (78.513	+	69.722)	/	2 )	/	60.985	*	365 / 4
=	74.1175					/	60.985	*	365 / 4
=	110.90

DZS (NAS:DZSI) 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.

DZS's Inventory Turnover for the three months ended in Mar. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	60.985	/	74.1175
	=	0.82

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.

DZS's Inventory to Revenue for the three months ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	74.1175	/	90.812
	=	0.82

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.

DZS Days Inventory Related Terms

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

DZS (DZSI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » DZS Inc (NAS:DZSI) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

TLFP:Germany

Address

5700 Tennyson Parkway, Suite 400, Plano, TX, USA, 75024

Website

https://www.dzsi.com

DZS Inc is a broad-based network access solutions provider. It designs, develops and manufactures communications network equipment for telecommunications operators and enterprises. The firm provides solutions in five major product areas: broadband access, mobile backhaul, Ethernet switching, passive optical LAN and software-defined networks. It also offers customer premise equipment, network management, cabinets, and channel bank. Its primary geographic markets are the Americas; Europe, Middle East, Africa, and Asia.

Executives

Gunter Reiss	officer: Chief Customer Officer, AEMEA	2300 ORCHARD PARKWAY, SAN JOSE CA 95131
Justin K. Ferguson	officer: Chief Legal Officer	C/O DZS INC., 5700 TENNYSON PARKWAY SUITE 400, PLANO TX 75024
Charles D Vogt	director, officer: President & CEO	TEKELEC, 26580 WEST AGOURA ROAD, CALABASAS CA 91302
Misty Dawn Kawecki	officer: Chief Financial Officer	C/O DZS INC., 7500 TENNYSON PARKWAY, PLANO TX 75024
Barbara Carbone	director	120 BROADWAY, SUITE 200, SANTA MONICA CA 90401
Min Woo Nam	director	C/O ZHONE TECHNOLOGIES, INC., 7195 OAKPORT STREET, OAKLAND CA 94621
David R Schopp	director	C/O DASAN ZHONE SOLUTIONS, INC., 7195 OAKPORT ST., OAKLAND CA 94621
Choon Yul Yoo	director	C/O DASAN ZHONE SOLUTIONS, INC., 7195 OAKPORT ST., OAKLAND CA 94621
Joon Kyung Kim	director	3200 WILSHIRE BLVD STE 1400, LOS ANGELES CA 90010
Matthew W Bross	director	C/O 4 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Norman L Foust	officer: SVP of Global Supply Chain	C/O CYAN, INC., 1383 N. MCDOWELL BLVD., SUITE 300, PETALUMA CA 94954
Miguel Alonso	officer: Chief Product Officer	5700 TENNYSON PARKWAY, SUITE 400, PLANO TX 75024
Thomas Arthur Carter	officer: Chief Customer Officer, AEMEA	5700 TENNYSON PARKWAY, SUITE 400, PLANO TX 75024
Deok Yeon Won	officer: Chief Customer Officer, Asia	5700 TENNYSON PARKWAY, SUITE 400, PLANO TX 75024
Dasan Networks, Inc	10 percent owner	DASAN TOWER, 49, DAEWANGPANGYO-RO, 644 BEON-GIL, BUNDANG-GU, SEONGNAM-SI GYEONGGI-DO M5 13493