Days Inventory is also known as Days Sales of Inventory (DSI). iGen Networks's Average Total Inventories for the
three
months ended in Sep. 2023 was $0.03 Mil. iGen Networks's Cost of Goods Sold for the
three
months ended in Sep. 2023 was $0.02 Mil.
Hence, iGen Networks's Days Inventory for the
three
months ended in Sep. 2023 was 179.82.
The historical rank and industry rank for iGen Networks's Days Inventory or its related term are showing as below:
IGEN's Days Inventory is not ranked *
in the Software industry.
Industry Median: 20.09 * Ranked among companies with meaningful Days Inventory only.
iGen Networks's Days Inventory
increased
from Sep. 2022 (52.10) to Sep. 2023 (179.82).
It might indicate that iGen Networks's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
iGen Networks's Inventory Turnover for the
three
months ended in Sep. 2023 was 0.51.
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.
iGen Networks's Inventory-to-Revenue for the
three
months ended in Sep. 2023 was 0.70.
iGen Networks (OTCPK:IGEN) 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.
iGen Networks'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.
iGen Networks'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.
iGen Networks Days Inventory Related Terms
iGen Networks Days Inventory Historical Data
* Premium members only.
The historical data trend for iGen Networks'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.
IGEN vs TWOHD, ABQQ, XNDA: Days Inventory Comparison
For the Software - Application subindustry, iGen Networks'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.
iGen Networks Days Inventory vs Software Industry
For the Software industry and Technology sector, iGen Networks's Days Inventory distribution charts can be found below:
* The bar in red indicates where iGen Networks's Days Inventory falls into.
* 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.
iGen Networks (IGEN) has a Days Inventory of 179.82 as of Sep. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on iGen Networks and its competitors.
Is iGen Networks' Days Inventory too high?
iGen Networks' current Days Inventory is 179.82. The Software industry median Days Inventory is 20.09. iGen Networks' value of 179.82 is 795.1% above this industry median.
How does iGen Networks' Days Inventory compare to TWOHD and ABQQ?
iGen Networks' Days Inventory of 179.82 can be compared against companies in the Software industry. The industry median Days Inventory is 20.09. iGen Networks' value of 179.82 is 795.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Software company?
The median Days Inventory among Software companies is 20.09, based on 1,647 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. iGen Networks's current Days Inventory of 179.82 is 795.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on iGen Networks and its competitors. For the Software industry, the median Days Inventory is 20.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. iGen Networks's current Days Inventory is 179.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is iGen Networks stock overvalued right now?
iGen Networks (IGEN) has a current Days Inventory of 179.82. The current Days Inventory is 179.82 and 795.1% above the Software industry median of 20.09. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For iGen Networks (IGEN), the current Days Inventory is 179.82 as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
iGen Networks Corp is engaged in the development and marketing of software services for the automotive industry. It has one reportable segment being Vehicle Tracking and Recovery Solutions. The company works with wireless carriers, hardware suppliers and software developers to provide direct and secure access to information on the vehicle and the driver's behavior. The software services are delivered from the AWS Cloud to the consumer and their families over the wireless networks and accessed from any mobile or desktop device. The software services are marketed to automotive dealers, financial institutions, and direct-to-consumer through various commercial and consumer brands. The company's brands include Nimbo Tracking, CU Trak, and Medallion GPS PRO.
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