DecideAct AS (OCSE:ACT) Days Inventory: (As of Jun. 2024)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OCSE:ACT DecideAct AS OCSE:ACT
8 GF Score
Price kr0.73
View Full Analysis

What is DecideAct AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). DecideAct AS's Average Total Inventories for the six months ended in Jun. 2024 was kr0.00 Mil. DecideAct AS's Cost of Goods Sold for the six months ended in Jun. 2024 was kr Mil.

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

OCSE:ACT's Days Inventory is not ranked *
in the Software industry.
Industry Median: 19.645
* Ranked among companies with meaningful Days Inventory only.

DecideAct AS's Days Inventory stayed the same from Jun. 2023 () to Jun. 2024 ().

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.


DecideAct AS  (OCSE:ACT) 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.

DecideAct AS's Inventory Turnover for the six months ended in Jun. 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.

DecideAct AS's Inventory to Revenue for the six months ended in Jun. 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.


DecideAct AS Days Inventory Related Terms


DecideAct AS Days Inventory Historical Data

* Premium members only.

The historical data trend for DecideAct AS'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.

DecideAct AS Days Inventory Chart

DecideAct AS Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial - - - - -

DecideAct AS Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Days Inventory Get a 7-Day Free Trial - - - - -

OCSE:ACT vs CRM, INTU, NOW: Days Inventory Comparison

For the Software - Application subindustry, DecideAct AS'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.


DecideAct AS Days Inventory vs Software Industry

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

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


OCSE:ACT
8GF Score
DecideAct AS OCSE:ACT
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DecideAct AS Days Inventory Calculation

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

DecideAct AS's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0 + 0) / 1 ) / *365
=0 / *365
=N/A

DecideAct AS's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (0 + 0) / 1 ) / *365 / 2
=0 / *365 / 2
=N/A

* 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.


DecideAct AS Business Description

Address Ostre Kajgade 3, Nexo, DNK, 3730
DecideAct AS is a provider of SaaS software and solutions that moves manual execution and follow-up of strategies to a cloud-based idea Execution Management platform. Its software tool is relevant to all companies and organizations, public or private, in all industries, geographies, and functional roles. Its solutions offer Enterprise solution, Public Sector, ESG, andPrivate Equity Firms & Portfolio Companies, and Ohers.
8GF Score

Get the complete analysis for OCSE:ACT

Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr0.73
Price