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Smart Employee Benefits (Smart Employee Benefits) Days Inventory : 2.27 (As of Aug. 2022)


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What is Smart Employee Benefits Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Smart Employee Benefits's Average Total Inventories for the three months ended in Aug. 2022 was $0.20 Mil. Smart Employee Benefits's Cost of Goods Sold for the three months ended in Aug. 2022 was $8.12 Mil. Hence, Smart Employee Benefits's Days Inventory for the three months ended in Aug. 2022 was 2.27.

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

SEBFF's Days Inventory is not ranked *
in the Software industry.
Industry Median: 18.99
* Ranked among companies with meaningful Days Inventory only.

Smart Employee Benefits's Days Inventory declined from Aug. 2021 (2.61) to Aug. 2022 (2.27).

Inventory Turnover measures how fast the company turns over its inventory within a year. Smart Employee Benefits's Inventory Turnover for the three months ended in Aug. 2022 was 40.21.

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. Smart Employee Benefits's Inventory-to-Revenue for the three months ended in Aug. 2022 was 0.02.


Smart Employee Benefits Days Inventory Historical Data

The historical data trend for Smart Employee Benefits'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.

Smart Employee Benefits Days Inventory Chart

Smart Employee Benefits Annual Data
Trend Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.40 1.51 0.93 1.27 1.97

Smart Employee Benefits Quarterly Data
Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22
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 Premium Member Only Premium Member Only 2.61 2.00 1.75 1.87 2.27

Competitive Comparison of Smart Employee Benefits's Days Inventory

For the Information Technology Services subindustry, Smart Employee Benefits'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.


Smart Employee Benefits's Days Inventory Distribution in the Software Industry

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

* The bar in red indicates where Smart Employee Benefits's Days Inventory falls into.



Smart Employee Benefits Days Inventory Calculation

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

Smart Employee Benefits's Days Inventory for the fiscal year that ended in Nov. 2021 is calculated as

Days Inventory (A: Nov. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Nov. 2020 ) + Total Inventories (A: Nov. 2021 )) / count ) / Cost of Goods Sold (A: Nov. 2021 )*Days in Period
=( (0.187 + 0.155) / 2 ) / 31.636*365
=0.171 / 31.636*365
=1.97

Smart Employee Benefits's Days Inventory for the quarter that ended in Aug. 2022 is calculated as:

Days Inventory (Q: Aug. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: May. 2022 ) + Total Inventories (Q: Aug. 2022 )) / count ) / Cost of Goods Sold (Q: Aug. 2022 )*Days in Period
=( (0.183 + 0.221) / 2 ) / 8.123*365 / 4
=0.202 / 8.123*365 / 4
=2.27

* 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.


Smart Employee Benefits  (OTCPK:SEBFF) 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.

Smart Employee Benefits's Inventory Turnover for the three months ended in Aug. 2022 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.

Smart Employee Benefits's Inventory to Revenue for the three months ended in Aug. 2022 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.


Smart Employee Benefits Days Inventory Related Terms

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


Smart Employee Benefits (Smart Employee Benefits) Business Description

Traded in Other Exchanges
N/A
Address
5500 Explorer Drive, 4th Floor, Mississauga, ON, CAN, L4W 5C7
Smart Employee Benefits Inc is a Canadian technology company providing software-enabled services in the areas of healthcare transaction processing, software solutions, and professional services for corporate and government clients. The company's business segments are Benefits and Technology. Its Benefits segment provides software, solutions, services, and products focused on managing group benefit and wellness solutions and healthcare claims processing environments for corporate and government clients. The Technology segment provides solutions in the areas of supply change management, integration, and energy, as well as training and resource provisioning. It earns most of its revenue from the Technology segment.

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