Wise (LSE:WISE) Days Inventory : 0.00 (As of Sep. 2024)

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What is Wise Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Wise's Average Total Inventories for the six months ended in Sep. 2024 was £0 Mil. Wise's Cost of Goods Sold for the six months ended in Sep. 2024 was £242 Mil. Hence, Wise's Days Inventory for the six months ended in Sep. 2024 was 0.00.

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

LSE:WISE's Days Inventory is not ranked ^*
in the Software industry.
Industry Median: 18.72
* Ranked among companies with meaningful Days Inventory only.

Wise's Days Inventory stayed the same from Sep. 2023 (0.00) to Sep. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Wise's Inventory-to-Revenue for the six months ended in Sep. 2024 was 0.00.

Wise Days Inventory Historical Data

The historical data trend for Wise'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.

Wise Days Inventory Chart

Wise Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Days Inventory

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Wise Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Days Inventory	Get a 7-Day Free Trial						-	-	-	-	-

Competitive Comparison of Wise's Days Inventory

For the Information Technology Services subindustry, Wise'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.

Wise's Days Inventory Distribution in the Software Industry

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

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

Wise Days Inventory Calculation

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

Wise's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

	Days Inventory (A: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2023 )	+	Total Inventories (A: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	444.8	*	365
=	0					/	444.8	*	365
=	0.00

Wise's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

	Days Inventory (Q: Sep. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	242.2	*	365 / 2
=	0					/	242.2	*	365 / 2
=	0.00

Wise (LSE:WISE) 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.

Wise's Inventory Turnover for the six months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	242.2	/	0
	=

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.

Wise's Inventory to Revenue for the six months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	892.6
	=	0.00

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.

Wise Days Inventory Related Terms

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

Wise Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Wise PLC (LSE:WISE) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

WIZEY:USA WPLCF:USA WISEl:UK 6WS:Germany

Address

56 Shoreditch High Street, 6th Floor, Tea Building, London, GBR, E1 6JJ

Website

https://www.wise.com

Wise PLC is a currency conversion platform utilizing a peer-to-peer network to reduce transfer costs. The group focuses primarily on private clients and small and midsize enterprises. By operating local accounts in each jurisdiction Wise sends money to or receives money from, this fintech offers faster and cheaper currency transfer services than incumbents (banks). Wise has started to broaden its product offering, issuing its clients debit cards and allowing customers to invest funds into various asset-management products.