Cegid Group (LTS:0RIY) Days Inventory: 4.34 (As of Dec. 2016) — 57% Below Median


What is Cegid Group Days Inventory?

Cegid Group LTS:0RIY Days Inventory is 4.34 as of Dec. 2016, which is 57% below its 10-year median of 10.02. The stock has 4 warning signs investors should review.

Days Inventory is also known as Days Sales of Inventory (DSI). Cegid Group's Average Total Inventories for the six months ended in Dec. 2016 was €0.53 Mil. Cegid Group's Cost of Goods Sold for the six months ended in Dec. 2016 was €22.41 Mil. Hence, Cegid Group's Days Inventory for the six months ended in Dec. 2016 was 4.34.

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

LTS:0RIY' s Days Inventory Range Over the Past 10 Years
Min: 5.79   Med: 10.02   Max: 22.23
Current: 5.79

During the past 13 years, Cegid Group's highest Days Inventory was 22.23. The lowest was 5.79. And the median was 10.02.

LTS:0RIY's Days Inventory is not ranked
in the Software industry.
Industry Median: 20.41 vs LTS:0RIY: 5.79

Cegid Group's Days Inventory declined from Dec. 2015 (9.15) to Dec. 2016 (4.34).

Inventory Turnover measures how fast the company turns over its inventory within a year. Cegid Group's Inventory Turnover for the six months ended in Dec. 2016 was 42.05.

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. Cegid Group's Inventory-to-Revenue for the six months ended in Dec. 2016 was 0.00.


Cegid Group  (LTS:0RIY) 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.

Cegid Group's Inventory Turnover for the six months ended in Dec. 2016 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.

Cegid Group's Inventory to Revenue for the six months ended in Dec. 2016 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.


Cegid Group Days Inventory Related Terms


Cegid Group Days Inventory Historical Data

* Premium members only.

The historical data trend for Cegid Group'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.

Cegid Group Days Inventory Chart

Cegid Group Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.69 7.66 10.34 10.79 6.00

Cegid Group Semi-Annual Data
Dec05 Dec06 Dec07 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.07 12.04 9.15 7.09 4.34

LTS:0RIY vs TYPE, MTLS, TIVO: Days Inventory Comparison

For the Software - Application subindustry, Cegid Group'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.


Cegid Group Days Inventory vs Software Industry

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

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



Cegid Group Days Inventory Calculation

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

Cegid Group's Days Inventory for the fiscal year that ended in Dec. 2016 is calculated as

Days Inventory (A: Dec. 2016 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2015 ) + Total Inventories (A: Dec. 2016 )) / count ) / Cost of Goods Sold (A: Dec. 2016 )*Days in Period
=( (1.03 + 0.417) / 2 ) / 44.013*365
=0.7235 / 44.013*365
=6.00

Cegid Group's Days Inventory for the quarter that ended in Dec. 2016 is calculated as:

Days Inventory (Q: Dec. 2016 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2016 ) + Total Inventories (Q: Dec. 2016 )) / count ) / Cost of Goods Sold (Q: Dec. 2016 )*Days in Period
=( (0.649 + 0.417) / 2 ) / 22.411*365 / 2
=0.533 / 22.411*365 / 2
=4.34

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 4.34 mean?
Cegid Group (LTS:0RIY) has a Days Inventory of 4.34 as of Dec. 2016. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Cegid Group and its competitors. This is 57% below median its historical median of 10.02. Over the past decade, Cegid Group's Days Inventory has ranged from 5.79 to 22.23.
Is Cegid Group's Days Inventory too high?
Cegid Group's current Days Inventory of 4.34 is 57% below median its 10-year median of 10.02. Over the past 10 years, this metric has ranged from a low of 5.79 to a high of 22.23. The Software industry median Days Inventory is 20.41. Cegid Group's value of 4.34 is 78.7% below this industry median.
How does Cegid Group's Days Inventory compare to TYPE and MTLS?
Cegid Group's Days Inventory of 4.34 can be compared against companies in the Software industry. The industry median Days Inventory is 20.41. Cegid Group's value of 4.34 is 78.7% below this benchmark. Historically, Cegid Group's own Days Inventory has ranged from 5.79 to 22.23 over the past decade. While the company's 10-year median is 10.02 vs. the industry median of 20.41, Cegid Group has consistently been below the industry average. 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 20.41, based on 1,651 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. Cegid Group's current Days Inventory of 4.34 is 78.7% below 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 Cegid Group and its competitors. For the Software industry, the median Days Inventory is 20.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cegid Group's current Days Inventory is 4.34, which is 57% below median its own 10-year median of 10.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cegid Group stock overvalued right now?
Cegid Group (LTS:0RIY) has a current Days Inventory of 4.34. The current Days Inventory is 4.34, which is 57% below median its 10-year median of 10.02 and 78.7% below the Software industry median of 20.41. 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 Cegid Group (LTS:0RIY), the current Days Inventory is 4.34 as of Dec. 2016. 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.

Cegid Group Business Description

Cegid Group SA is engaged in the development, hosting, sell and distribution of business management software and related goods and services. It serves the finance, taxation, human resources, public, retail, manufacturing, services, trade, and accounting profession sectors, as well as startups and small businesses. Geographically business activity of the group is based in France.