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Spark Technology AS (OCSE:SPARK) Days Inventory : 14,183.42 (As of Jun. 2024)


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What is Spark Technology AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Spark Technology AS's Average Total Inventories for the six months ended in Jun. 2024 was kr3.58 Mil. Spark Technology AS's Cost of Goods Sold for the six months ended in Jun. 2024 was kr0.05 Mil. Hence, Spark Technology AS's Days Inventory for the six months ended in Jun. 2024 was 14,183.42.

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

OCSE:SPARK' s Days Inventory Range Over the Past 10 Years
Min: 164.6   Med: 314.09   Max: 2098.85
Current: 702.85

During the past 10 years, Spark Technology AS's highest Days Inventory was 2098.85. The lowest was 164.60. And the median was 314.09.

OCSE:SPARK's Days Inventory is not ranked
in the Capital Markets industry.
Industry Median: 62.53 vs OCSE:SPARK: 702.85

Spark Technology AS's Days Inventory increased from Jun. 2023 (140.15) to Jun. 2024 (14,183.42). It might indicate that Spark Technology AS's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Spark Technology AS's Inventory Turnover for the six months ended in Jun. 2024 was 0.01.

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. Spark Technology AS's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.68.


Spark Technology AS Days Inventory Historical Data

The historical data trend for Spark Technology 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.

* Premium members only.

Spark Technology AS Days Inventory Chart

Spark Technology AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 2,098.85 314.09 164.60

Spark Technology AS Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 16.66 - 140.15 435.88 14,183.42

Competitive Comparison of Spark Technology AS's Days Inventory

For the Capital Markets subindustry, Spark Technology 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.


Spark Technology AS's Days Inventory Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Spark Technology AS's Days Inventory distribution charts can be found below:

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



Spark Technology AS Days Inventory Calculation

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

Spark Technology 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
=( (5.017 + 4.429) / 2 ) / 10.473*365
=4.723 / 10.473*365
=164.60

Spark Technology 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
=( (4.429 + 2.721) / 2 ) / 0.046*365 / 2
=3.575 / 0.046*365 / 2
=14,183.42

* 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.


Spark Technology AS  (OCSE:SPARK) 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.

Spark Technology 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.

Spark Technology 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.


Spark Technology AS Days Inventory Related Terms

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


Spark Technology AS Business Description

Traded in Other Exchanges
N/A
Address
H 76, 4, Copenhagen S, DNK, 2300
Spark Technology AS formerly Spenn Technology A/S is a a FinTech group providing electronic banking and payments services. The group's two primary solutions are the SPENN platform, a Software as a Service (SaaS) core banking platform and Kazang Zambia, its vendor terminal payments processor. The Company generated majority of its revenue from a solution as a part of the SPENN platform Kazang Zambia.

Spark Technology AS Headlines

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