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


What is Spark Technology AS Days Inventory?

Spark Technology AS OCSE:SPARK Days Inventory is 14,183.42 as of Jun. 2024.

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 is not ranked *
in the Capital Markets industry.
Industry Median: 63.24
* Ranked among companies with meaningful Days Inventory only.

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  (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

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.046 / 3.575
=0.01

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=3.575 / 5.271
=0.68

* 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

Spark Technology AS Days Inventory Historical Data

* Premium members only.

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.

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 0.00 0.00 2,098.85 314.09 164.60

Spark Technology AS Semi-Annual Data
Dec14 Dec15 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 Premium Member Only Premium Member Only 16.66 0.00 140.15 435.88 14,183.42

OCSE:SPARK vs MS, GS, SCHW: Days Inventory Comparison

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 Days Inventory vs 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 14,183.42 mean?
Spark Technology AS (OCSE:SPARK) has a Days Inventory of 14,183.42 as of Jun. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Spark Technology AS and its competitors.
Is Spark Technology AS's Days Inventory too high?
Spark Technology AS's current Days Inventory is 14,183.42. The Capital Markets industry median Days Inventory is 63.24. Spark Technology AS's value of 14,183.42 is 22327.9% above this industry median.
How does Spark Technology AS's Days Inventory compare to MS and GS?
Spark Technology AS's Days Inventory of 14,183.42 can be compared against companies in the Capital Markets industry. The industry median Days Inventory is 63.24. Spark Technology AS's value of 14,183.42 is 22327.9% above this benchmark. 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 Capital Markets company?
The median Days Inventory among Capital Markets companies is 63.24, based on 228 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. Spark Technology AS's current Days Inventory of 14,183.42 is 22327.9% above 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 Spark Technology AS and its competitors. For the Capital Markets industry, the median Days Inventory is 63.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spark Technology AS's current Days Inventory is 14,183.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spark Technology AS stock overvalued right now?
Spark Technology AS (OCSE:SPARK) has a current Days Inventory of 14,183.42. The current Days Inventory is 14,183.42 and 22327.9% above the Capital Markets industry median of 63.24. 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 Spark Technology AS (OCSE:SPARK), the current Days Inventory is 14,183.42 as of Jun. 2024. 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.

Spark Technology AS Business Description

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.