QAD (QADB) Days Inventory : 0.00 (As of Jul. 2021)

View and export this data going back to 2010. Start your Free Trial

What is QAD Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). QAD's Average Total Inventories for the three months ended in Jul. 2021 was $0.0 Mil. QAD's Cost of Goods Sold for the three months ended in Jul. 2021 was $34.3 Mil. Hence, QAD's Days Inventory for the three months ended in Jul. 2021 was 0.00.

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

QADB's Days Inventory is not ranked ^*
in the Software industry.
Industry Median: 19.71
* Ranked among companies with meaningful Days Inventory only.

QAD's Days Inventory stayed the same from Jul. 2020 (0.00) to Jul. 2021 (0.00).

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. QAD's Inventory-to-Revenue for the three months ended in Jul. 2021 was 0.00.

QAD Days Inventory Historical Data

The historical data trend for QAD'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.

QAD Days Inventory Chart

QAD Annual Data

Trend

Jan12

Jan13

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Days Inventory

Get a 7-Day Free Trial

QAD Quarterly Data
	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of QAD's Days Inventory

For the Software - Application subindustry, QAD'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.

QAD's Days Inventory Distribution in the Software Industry

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

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

QAD Days Inventory Calculation

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

QAD's Days Inventory for the fiscal year that ended in Jan. 2021 is calculated as

	Days Inventory (A: Jan. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jan. 2020 )	+	Total Inventories (A: Jan. 2021 ))	/	count )	/	Cost of Goods Sold (A: Jan. 2021 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	125.372	*	365
=	0					/	125.372	*	365
=	0.00

QAD's Days Inventory for the quarter that ended in Jul. 2021 is calculated as:

	Days Inventory (Q: Jul. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Apr. 2021 )	+	Total Inventories (Q: Jul. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Jul. 2021 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	34.289	*	365 / 4
=	0					/	34.289	*	365 / 4
=	0.00

QAD (NAS:QADB) 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.

QAD's Inventory Turnover for the three months ended in Jul. 2021 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	34.289	/	0
	=

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.

QAD's Inventory to Revenue for the three months ended in Jul. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	84.839
	=	0.00

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.

QAD Days Inventory Related Terms

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

QAD (QADB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » QAD Inc (NAS:QADB) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Innovation Place, Santa Barbara, CA, USA, 93108

Website

https://www.qad.com

QAD Inc is a leading provider of flexible, cloud-based and on-premise enterprise software and services for global manufacturing companies across automotive, life sciences, consumer products, food and beverage, and industrial markets. The firm operates primarily in the following geographic regions: North America, Latin America, EMEA and the Asia Pacific. The company derives revenue from licensing software solutions, subscriptions to its cloud offerings, and maintenance fees.