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4Sight Holdings (JSE:4SI) Days Inventory : 3.22 (As of Aug. 2024)


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What is 4Sight Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). 4Sight Holdings's Average Total Inventories for the six months ended in Aug. 2024 was R5.7 Mil. 4Sight Holdings's Cost of Goods Sold for the six months ended in Aug. 2024 was R321.6 Mil. Hence, 4Sight Holdings's Days Inventory for the six months ended in Aug. 2024 was 3.22.

The historical rank and industry rank for 4Sight Holdings's Days Inventory or its related term are showing as below:

JSE:4SI' s Days Inventory Range Over the Past 10 Years
Min: 2.1   Med: 2.35   Max: 20.47
Current: 3.1

During the past 8 years, 4Sight Holdings's highest Days Inventory was 20.47. The lowest was 2.10. And the median was 2.35.

JSE:4SI's Days Inventory is ranked better than
77.28% of 1567 companies
in the Software industry
Industry Median: 19.2 vs JSE:4SI: 3.10

4Sight Holdings's Days Inventory declined from Dec. 2022 (6.45) to Aug. 2024 (3.22).

Inventory Turnover measures how fast the company turns over its inventory within a year. 4Sight Holdings's Inventory Turnover for the six months ended in Aug. 2024 was 56.73.

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. 4Sight Holdings's Inventory-to-Revenue for the six months ended in Aug. 2024 was 0.01.


4Sight Holdings Days Inventory Historical Data

The historical data trend for 4Sight Holdings'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.

4Sight Holdings Days Inventory Chart

4Sight Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Inventory
Get a 7-Day Free Trial 20.47 2.35 2.41 2.10 2.27

4Sight Holdings Semi-Annual Data
Dec14 Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Aug24
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 2.38 3.87 6.45 6.42 3.22

Competitive Comparison of 4Sight Holdings's Days Inventory

For the Information Technology Services subindustry, 4Sight Holdings'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.


4Sight Holdings's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, 4Sight Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where 4Sight Holdings's Days Inventory falls into.



4Sight Holdings Days Inventory Calculation

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

4Sight Holdings's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

Days Inventory (A: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (1.271 + 2.46) / 2 ) / 300.563*365
=1.8655 / 300.563*365
=2.27

4Sight Holdings's Days Inventory for the quarter that ended in Aug. 2024 is calculated as:

Days Inventory (Q: Aug. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Aug. 2024 )) / count ) / Cost of Goods Sold (Q: Aug. 2024 )*Days in Period
=( (8.603 + 2.734) / 2 ) / 321.558*365 / 2
=5.6685 / 321.558*365 / 2
=3.22

* 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.


4Sight Holdings  (JSE:4SI) 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.

4Sight Holdings's Inventory Turnover for the six months ended in Aug. 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.

4Sight Holdings's Inventory to Revenue for the six months ended in Aug. 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.


4Sight Holdings Days Inventory Related Terms

Thank you for viewing the detailed overview of 4Sight Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


4Sight Holdings Business Description

Traded in Other Exchanges
N/A
Address
28 Roos Street, 4Sight House, Fourways, GT, ZAF, 2191
4Sight Holdings Ltd through its subsidiaries, provides technology solutions for various industries primarily in South Africa. The company's operating segment includes the Business Environment (BE) cluster; Information Technology (IT) cluster; Operational Technology (OT) cluster; and Channel Partner (CP) cluster. It generates maximum revenue from the Operational Technology (OT) cluster segment. Geographically the company has a presence in South Africa, the Rest of Africa, Europe Middle East and Australasia, and the Americas.

4Sight Holdings Headlines

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