OCTV (Octave Intelligence) Days Inventory: 16.83 (As of Dec. 2024) — 11% Below Median

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.

OCTV Octave Intelligence PLC OCTV
19 GF Score
Price $16.32
! 1 Warning Sign
View Full Analysis

What is Octave Intelligence Days Inventory?

Octave Intelligence OCTV +5.29% 19 Days Inventory is 16.83 as of Dec. 2024, which is 11% below its 10-year median of 18.99. GuruFocus rates OCTV with a GF Score™ of 19/100. The stock has 1 warning sign investors should review. Among 1,655 Software companies, Octave Intelligence ranks better than 52.81% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Octave Intelligence's Average Total Inventories for the six months ended in Dec. 2024 was $20 Mil. Octave Intelligence's Cost of Goods Sold for the six months ended in Dec. 2024 was $433 Mil. Hence, Octave Intelligence's Days Inventory for the six months ended in Dec. 2024 was 8.41.

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

OCTV' s Days Inventory Range Over the Past 10 Years
Min: 16.83   Med: 18.99   Max: 21.15
Current: 16.83

During the past 3 years, Octave Intelligence's highest Days Inventory was 21.15. The lowest was 16.83. And the median was 18.99.

OCTV's Days Inventory is ranked better than
52.81% of 1655 companies
in the Software industry
Industry Median: 20.53 vs OCTV: 16.83

Octave Intelligence's Days Inventory increased from Dec. 2022 (0.00) to Dec. 2024 (16.83). It might indicate that Octave Intelligence's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Octave Intelligence's Inventory Turnover for the six months ended in Dec. 2024 was 21.69.

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. Octave Intelligence's Inventory-to-Revenue for the six months ended in Dec. 2024 was 0.01.


Octave Intelligence  (NAS:OCTV) 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.

Octave Intelligence's Inventory Turnover for the six months ended in Dec. 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.

Octave Intelligence's Inventory to Revenue for the six months ended in Dec. 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.


Octave Intelligence Days Inventory Related Terms


Octave Intelligence Days Inventory Historical Data

* Premium members only.

The historical data trend for Octave Intelligence'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.

Octave Intelligence Days Inventory Chart

Octave Intelligence Annual Data
Trend Dec22 Dec23 Dec24
Days Inventory
0.00 21.15 16.83

Octave Intelligence Semi-Annual Data
Dec22 Dec23 Dec24
Days Inventory 0.00 21.15 16.83

OCTV vs SRAD, DAVE, LIF: Days Inventory Comparison

For the Software - Application subindustry, Octave Intelligence'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.


Octave Intelligence Days Inventory vs Software Industry

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

* The bar in red indicates where Octave Intelligence's Days Inventory falls into.


OCTV
19GF Score
Octave Intelligence PLC OCTV
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Octave Intelligence Days Inventory Calculation

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

Octave Intelligence'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
=( (26.064 + 13.879) / 2 ) / 433.18*365
=19.9715 / 433.18*365
=16.83

Octave Intelligence'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: Dec. 2023 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (26.064 + 13.879) / 2 ) / 433.18*365 / 2
=19.9715 / 433.18*365 / 2
=8.41

* 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 16.83 mean?
Octave Intelligence (OCTV) has a Days Inventory of 16.83 as of Dec. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Octave Intelligence and its competitors. This is 11% below median its historical median of 18.99. Over the past decade, Octave Intelligence's Days Inventory has ranged from 16.83 to 21.15. According to the industry distribution chart, Octave Intelligence ranks #781 out of 1655 companies in the Software industry, placing it in the top 47.2%.
Is Octave Intelligence's Days Inventory too high?
Octave Intelligence's current Days Inventory of 16.83 is 11% below median its 10-year median of 18.99. Over the past 10 years, this metric has ranged from a low of 16.83 to a high of 21.15. The Software industry median Days Inventory is 20.53. Octave Intelligence's value of 16.83 is 18% below this industry median. Based on the distribution chart, Octave Intelligence ranks #781 out of 1655 companies in the Software industry, which is above the industry midpoint. Overall, Octave Intelligence has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Octave Intelligence's Days Inventory compare to SRAD and DAVE?
According to the Software industry distribution chart, Octave Intelligence ranks #781 out of 1655 companies for Days Inventory. This puts Octave Intelligence in the upper half of its industry. The industry median Days Inventory is 20.53. Octave Intelligence's value of 16.83 is 18% below this benchmark. Historically, Octave Intelligence's own Days Inventory has ranged from 16.83 to 21.15 over the past decade. While the company's 10-year median is 18.99 vs. the industry median of 20.53, Octave Intelligence 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 20.53, based on 1,655 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. Octave Intelligence's current Days Inventory of 16.83 is 18% 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 Octave Intelligence and its competitors. For the Software industry, the median Days Inventory is 20.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Octave Intelligence's current Days Inventory is 16.83, which is 11% below median its own 10-year median of 18.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Octave Intelligence stock overvalued right now?
Octave Intelligence (OCTV) has a current Days Inventory of 16.83. The current Days Inventory is 16.83, which is 11% below median its 10-year median of 18.99 and 18% below the Software industry median of 20.53. Octave Intelligence's overall GF Score™ is 19/100 with 1 warning sign to review. 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 Octave Intelligence (OCTV), the current Days Inventory is 16.83 as of Dec. 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.

Octave Intelligence Business Description

Address 305 Intergraph Way, Madison, AL, USA, 35758
Octave Intelligence PLC provides a suite of software solutions that help organizations design, build, operate, and protect their physical assets, people, and critical infrastructure. The company operates in a single business segment developing enterprise software used in design, construction, operations, and security. Geographically, it operates in Americas that includes the United States, and Other Americas (Canada, and Latin America); EMIA that includes Europe, Middle East, India, and Africa; and APAC that includes the Asia-Pacific region, excluding India. The company derives maximum revenue from Americas. Its products include: Octave Coda Spatial, Octave Alto Twin, Octave Coda, Octave Oncall, Octave Alto, Octave Imagine, Octave Oncall Dispatch, Octave Alto Lightspeed, and Others.
19GF Score

Get the complete analysis for OCTV

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

$16.32
Price