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Zwipe AS (FRA:4ZW) Days Inventory : 10,772.71 (As of Jun. 2024)


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What is Zwipe AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zwipe AS's Average Total Inventories for the six months ended in Jun. 2024 was €2.07 Mil. Zwipe AS's Cost of Goods Sold for the six months ended in Jun. 2024 was €0.04 Mil. Hence, Zwipe AS's Days Inventory for the six months ended in Jun. 2024 was 10,772.71.

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

FRA:4ZW' s Days Inventory Range Over the Past 10 Years
Min: 94.79   Med: 589.34   Max: 6615.66
Current: 6615.66

During the past 9 years, Zwipe AS's highest Days Inventory was 6615.66. The lowest was 94.79. And the median was 589.34.

FRA:4ZW's Days Inventory is ranked worse than
99.68% of 1556 companies
in the Software industry
Industry Median: 18.725 vs FRA:4ZW: 6615.66

Zwipe AS's Days Inventory increased from Jun. 2023 (1,959.24) to Jun. 2024 (10,772.71). It might indicate that Zwipe AS'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. Zwipe AS's Inventory Turnover for the six months ended in Jun. 2024 was 0.02.

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. Zwipe AS's Inventory-to-Revenue for the six months ended in Jun. 2024 was 206.60.


Zwipe AS Days Inventory Historical Data

The historical data trend for Zwipe AS'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.

Zwipe AS Days Inventory Chart

Zwipe AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only 169.73 136.67 588.78 1,067.67 3,287.16

Zwipe AS Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 848.24 925.16 1,959.24 4,757.83 10,772.71

Competitive Comparison of Zwipe AS's Days Inventory

For the Software - Infrastructure subindustry, Zwipe AS'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.


Zwipe AS's Days Inventory Distribution in the Software Industry

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

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



Zwipe AS Days Inventory Calculation

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

Zwipe AS'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
=( (0.97 + 2.074) / 2 ) / 0.169*365
=1.522 / 0.169*365
=3,287.16

Zwipe AS's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (2.074 + 2.058) / 2 ) / 0.035*365 / 2
=2.066 / 0.035*365 / 2
=10,772.71

* 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.


Zwipe AS  (FRA:4ZW) 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.

Zwipe AS's Inventory Turnover for the six months ended in Jun. 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.

Zwipe AS's Inventory to Revenue for the six months ended in Jun. 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.


Zwipe AS Days Inventory Related Terms

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


Zwipe AS Business Description

Traded in Other Exchanges
Address
Radhusgata 24, Oslo, NOR, 0151
Zwipe AS is a biometric authentication technology company. The company is focused on developing and commercializing secure, fast, and easy to use biometric authentication solutions with opportunities for broad application across key verticals like payment, access control, and government identification. It is focused on the access control market with its product Zwipe Access, which is a card-based fingerprint access control solution.

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