Axon Enterprise (LTS:0HKE) Days Inventory : 106.97 (As of Dec. 2024)

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What is Axon Enterprise Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Axon Enterprise's Average Total Inventories for the three months ended in Dec. 2024 was $269 Mil. Axon Enterprise's Cost of Goods Sold for the three months ended in Dec. 2024 was $229 Mil. Hence, Axon Enterprise's Days Inventory for the three months ended in Dec. 2024 was 106.97.

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

LTS:0HKE' s Days Inventory Range Over the Past 10 Years
Min: 59.27 Med: 100.86 Max: 142.42
Current: 117.35

During the past 13 years, Axon Enterprise's highest Days Inventory was 142.42. The lowest was 59.27. And the median was 100.86.

LTS:0HKE's Days Inventory is ranked better than
60.96% of 292 companies
in the Aerospace & Defense industry
Industry Median: 140.945 vs LTS:0HKE: 117.35

Axon Enterprise's Days Inventory declined from Dec. 2023 (145.33) to Dec. 2024 (106.97).

Inventory Turnover measures how fast the company turns over its inventory within a year. Axon Enterprise's Inventory Turnover for the three months ended in Dec. 2024 was 0.85.

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. Axon Enterprise's Inventory-to-Revenue for the three months ended in Dec. 2024 was 0.47.

Axon Enterprise Days Inventory Historical Data

The historical data trend for Axon Enterprise'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.

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Axon Enterprise Days Inventory Chart

Axon Enterprise Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Days Inventory

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88.81

112.42

123.17

142.42

116.11

Axon Enterprise Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Days Inventory	Get a 7-Day Free Trial															145.33	123.03	125.03	117.53	106.97

Competitive Comparison of Axon Enterprise's Days Inventory

For the Aerospace & Defense subindustry, Axon Enterprise'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.

Axon Enterprise's Days Inventory Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Axon Enterprise's Days Inventory distribution charts can be found below:

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

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Axon Enterprise Days Inventory Calculation

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

Axon Enterprise's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

	Days Inventory (A: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2024 )	*	Days in Period
=	( (269.855	+	265.316)	/	2 )	/	841.146	*	365
=	267.5855					/	841.146	*	365
=	116.11

Axon Enterprise's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

	Days Inventory (Q: Dec. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
=	( (272.295	+	265.316)	/	2 )	/	229.296	*	365 / 4
=	268.8055					/	229.296	*	365 / 4
=	106.97

Axon Enterprise (LTS:0HKE) 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.

Axon Enterprise's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	229.296	/	268.8055
	=	0.85

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.

Axon Enterprise's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	268.8055	/	575.145
	=	0.47

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.

Axon Enterprise Days Inventory Related Terms

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

Axon Enterprise Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Axon Enterprise Inc (LTS:0HKE) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

AXON:USA TCS:Germany

Address

17800 North 85th Street, Scottsdale, AZ, USA, 85255

Website

https://www.axon.com

Axon Enterprise Inc is building a public safety operating system by integrating a suite of hardware devices and cloud software solutions. The company's suite includes cloud-hosted digital evidence management solutions, productivity and real-time operations software, body cameras, in-car cameras, TASER energy devices, drones and robotic security, and training solutions. The company's operation comprises of two operating segments, Software and Sensors, and TASER. The company generates the majority of its revenue from the Software and Sensors segment, which is engaged in developing, manufacturing, and selling fully integrated hardware and cloud-based software solutions that enable law enforcement to capture, securely store, manage, share, and analyze video and other digital evidence.

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