GetSwift Technologies (FRA:8DQ) Days Inventory : 79.11 (As of Mar. 2021)

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What is GetSwift Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). GetSwift Technologies's Average Total Inventories for the three months ended in Mar. 2021 was €1.41 Mil. GetSwift Technologies's Cost of Goods Sold for the three months ended in Mar. 2021 was €1.62 Mil. Hence, GetSwift Technologies's Days Inventory for the three months ended in Mar. 2021 was 79.11.

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

FRA:8DQ's Days Inventory is not ranked ^*
in the Software industry.
Industry Median: 19.64
* Ranked among companies with meaningful Days Inventory only.

GetSwift Technologies's Days Inventory increased from Dec. 2019 (0.00) to Mar. 2021 (79.11). It might indicate that GetSwift Technologies's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. GetSwift Technologies's Inventory Turnover for the three months ended in Mar. 2021 was 1.15.

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. GetSwift Technologies's Inventory-to-Revenue for the three months ended in Mar. 2021 was 0.63.

GetSwift Technologies Days Inventory Historical Data

The historical data trend for GetSwift Technologies'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.

GetSwift Technologies Days Inventory Chart

GetSwift Technologies Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Days Inventory

GetSwift Technologies Quarterly Data
	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Mar21
Days Inventory	Get a 7-Day Free Trial											-	-	-	-	79.11

Competitive Comparison of GetSwift Technologies's Days Inventory

For the Software - Application subindustry, GetSwift Technologies'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.

GetSwift Technologies's Days Inventory Distribution in the Software Industry

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

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

GetSwift Technologies Days Inventory Calculation

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

GetSwift Technologies's Days Inventory for the fiscal year that ended in Jun. 2020 is calculated as

	Days Inventory (A: Jun. 2020 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2019 )	+	Total Inventories (A: Jun. 2020 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2020 )	*	Days in Period
=	( (0	+	1.471)	/	1 )	/	0	*	365
=	1.471					/	0	*	365
=	N/A

GetSwift Technologies's Days Inventory for the quarter that ended in Mar. 2021 is calculated as:

	Days Inventory (Q: Mar. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2020 )	+	Total Inventories (Q: Mar. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2021 )	*	Days in Period
=	( (0	+	1.407)	/	1 )	/	1.623	*	365 / 4
=	1.407					/	1.623	*	365 / 4
=	79.11

GetSwift Technologies (FRA:8DQ) 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.

GetSwift Technologies's Inventory Turnover for the three months ended in Mar. 2021 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.623	/	1.407
	=	1.15

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.

GetSwift Technologies's Inventory to Revenue for the three months ended in Mar. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.407	/	2.219
	=	0.63

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.

GetSwift Technologies Days Inventory Related Terms

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

GetSwift Technologies (FRA:8DQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GetSwift Technologies Ltd (FRA:8DQ) » Definitions » Days Inventory

Comparable Companies

TSXV:ID XSAT:JOJK XCNQ:PLNK ASX:AO1 WAR:ITL WAR:MAD XCNQ:PPK OCSE:NEXCOM TSXV:NPA XCNQ:PUSH

Traded in Other Exchanges

N/A

Address

1185 6th Avenue, New York, NY, USA, 10036

Website

https://www.getswift.co

GetSwift Technologies Ltd is a technology and services company that offers a suite of software, products, and services through its operating subsidiaries, which are focused on business and logistics and automation, data management and analysis, communications, information security, and infrastructure optimization and also includes e-commerce and marketplace ordering, workforce management, data analytics and augmentation, business intelligence, route optimization, cash management, task management shift management, asset tracking, real-time alerts, cloud communications, and communications infrastructure services and products through consulting, design, construction, and maintenance.

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