ROIUF (Route1) Days Inventory : 23.91 (As of Sep. 2024)

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What is Route1 Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Route1's Average Total Inventories for the three months ended in Sep. 2024 was $0.46 Mil. Route1's Cost of Goods Sold for the three months ended in Sep. 2024 was $1.75 Mil. Hence, Route1's Days Inventory for the three months ended in Sep. 2024 was 23.91.

The historical rank and industry rank for Route1's Days Inventory or its related term are showing as below:

ROIUF' s Days Inventory Range Over the Past 10 Years
Min: 6.11 Med: 15.1 Max: 68.32
Current: 24.36

During the past 13 years, Route1's highest Days Inventory was 68.32. The lowest was 6.11. And the median was 15.10.

ROIUF's Days Inventory is ranked worse than
53.2% of 1594 companies
in the Software industry
Industry Median: 20.425 vs ROIUF: 24.36

Route1's Days Inventory declined from Sep. 2023 (24.19) to Sep. 2024 (23.91).

Inventory Turnover measures how fast the company turns over its inventory within a year. Route1's Inventory Turnover for the three months ended in Sep. 2024 was 3.82.

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. Route1's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.17.

Route1 Days Inventory Historical Data

The historical data trend for Route1'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.

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Route1 Days Inventory Chart

Route1 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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10.03

10.95

15.10

36.23

43.54

Route1 Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Days Inventory	Get a 7-Day Free Trial															24.19	23.30	23.20	26.63	23.91

Competitive Comparison of Route1's Days Inventory

For the Software - Application subindustry, Route1'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.

Route1's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Route1's Days Inventory distribution charts can be found below:

* The bar in red indicates where Route1's Days Inventory falls into.

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Route1 Days Inventory Calculation

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

Route1'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
=	( (1.58	+	0.501)	/	2 )	/	8.723	*	365
=	1.0405					/	8.723	*	365
=	43.54

Route1's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

	Days Inventory (Q: Sep. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
=	( (0.447	+	0.472)	/	2 )	/	1.754	*	365 / 4
=	0.4595					/	1.754	*	365 / 4
=	23.91

Route1 (OTCPK:ROIUF) 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.

Route1's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.754	/	0.4595
	=	3.82

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.

Route1's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.4595	/	2.737
	=	0.17

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.

Route1 Days Inventory Related Terms

Thank you for viewing the detailed overview of Route1's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Route1 Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Route1 Inc (OTCPK:ROIUF) » Definitions » Days Inventory

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Traded in Other Exchanges

ROI:Canada

Address

8 King Street East, Suite 1801, Toronto, ON, CAN, M5C 1B5

Website

https://www.route1.com

Route1 Inc is a North American engineering and professional services company using data capture technologies. It brings security and operations together with real-time actionable intelligence to enhance safety and security, drive greater profitability, and improve operational efficiencies. It has one segment that comprises the sale and distribution of rugged devices, license plate recognition equipment, and secure data access. It has a geographic presence in the USA, Canada, and Others. It generates the majority of its revenue from the USA.