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Sigma Additive Solutions (Sigma Additive Solutions) Days Inventory : 444.58 (As of Sep. 2023)


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What is Sigma Additive Solutions Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sigma Additive Solutions's Average Total Inventories for the three months ended in Sep. 2023 was $0.86 Mil. Sigma Additive Solutions's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.18 Mil. Hence, Sigma Additive Solutions's Days Inventory for the three months ended in Sep. 2023 was 444.58.

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

SGLBW' s Days Inventory Range Over the Past 10 Years
Min: 0.75   Med: 260.86   Max: 1067.48
Current: 1067.48

During the past 13 years, Sigma Additive Solutions's highest Days Inventory was 1067.48. The lowest was 0.75. And the median was 260.86.

SGLBW's Days Inventory is ranked worse than
97.32% of 671 companies
in the Travel & Leisure industry
Industry Median: 33.92 vs SGLBW: 1067.48

Sigma Additive Solutions's Days Inventory declined from Sep. 2022 (1,011.26) to Sep. 2023 (444.58).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Sigma Additive Solutions's Inventory Turnover for the three months ended in Sep. 2023 was 0.21.

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. Sigma Additive Solutions's Inventory-to-Revenue for the three months ended in Sep. 2023 was 6.04.


Sigma Additive Solutions Days Inventory Historical Data

The historical data trend for Sigma Additive Solutions'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.

Sigma Additive Solutions Days Inventory Chart

Sigma Additive Solutions Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 291.60 266.76 388.78 446.47 866.09

Sigma Additive Solutions Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1,011.26 2,365.10 1,350.93 2,387.71 444.58

Competitive Comparison of Sigma Additive Solutions's Days Inventory

For the Travel Services subindustry, Sigma Additive Solutions'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.


Sigma Additive Solutions's Days Inventory Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Sigma Additive Solutions's Days Inventory distribution charts can be found below:

* The bar in red indicates where Sigma Additive Solutions's Days Inventory falls into.



Sigma Additive Solutions Days Inventory Calculation

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

Sigma Additive Solutions's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (0.71 + 0.951) / 2 ) / 0.35*365
=0.8305 / 0.35*365
=866.09

Sigma Additive Solutions's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0.94 + 0.775) / 2 ) / 0.176*365 / 4
=0.8575 / 0.176*365 / 4
=444.58

* 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.


Sigma Additive Solutions  (NAS:SGLBW) 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.

Sigma Additive Solutions's Inventory Turnover for the three months ended in Sep. 2023 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.

Sigma Additive Solutions's Inventory to Revenue for the three months ended in Sep. 2023 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.


Sigma Additive Solutions Days Inventory Related Terms

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


Sigma Additive Solutions (Sigma Additive Solutions) Business Description

Traded in Other Exchanges
Address
3900 Paseo del Sol, Santa Fe, NM, USA, 87507
Sigma Additive Solutions Inc is a leading provider of in-process quality assurance (IPQA) software to the additive manufacturing industry. Sigma specializes in the development and commercialization of real-time monitoring and analytics solutions known as PrintRite3D for 3D metal and polymer advanced manufacturing technologies. Its principal business activities include the development of its In-Process Quality Assurance (IPQA) suite of technologies and the commercialization of both its IPQA and materials-related suite of technologies, with its focus on three-dimensional printing (3DP) industry.