SPDC (Speed Commerce) Days Inventory: 3.24 (As of Dec. 2015)


What is Speed Commerce Days Inventory?

Speed Commerce SPDC Days Inventory is 3.24 as of Dec. 2015.

Days Inventory is also known as Days Sales of Inventory (DSI). Speed Commerce's Average Total Inventories for the three months ended in Dec. 2015 was $1.2 Mil. Speed Commerce's Cost of Goods Sold for the three months ended in Dec. 2015 was $32.5 Mil. Hence, Speed Commerce's Days Inventory for the three months ended in Dec. 2015 was 3.24.

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

SPDC's Days Inventory is not ranked *
in the Software industry.
Industry Median: 20.13
* Ranked among companies with meaningful Days Inventory only.

Speed Commerce's Days Inventory increased from Dec. 2014 (3.05) to Dec. 2015 (3.24). It might indicate that Speed Commerce's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Speed Commerce's Inventory Turnover for the three months ended in Dec. 2015 was 28.14.

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. Speed Commerce's Inventory-to-Revenue for the three months ended in Dec. 2015 was 0.03.

Speed Commerce  (OTCPK:SPDC) 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.

Speed Commerce's Inventory Turnover for the three months ended in Dec. 2015 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=32.462 / 1.1535
=28.14

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.

Speed Commerce's Inventory to Revenue for the three months ended in Dec. 2015 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=1.1535 / 33.45
=0.03

* 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.

Speed Commerce Days Inventory Related Terms

Speed Commerce Days Inventory Historical Data

* Premium members only.

The historical data trend for Speed Commerce'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.

Speed Commerce Days Inventory Chart

Speed Commerce Annual Data
Trend Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.75 1,477.67 235.40 0.00 5.84

Speed Commerce Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 3.05 2.94 6.66 6.39 3.24

SPDC vs RMDM, BVTK, LAAB: Days Inventory Comparison

For the Software - Application subindustry, Speed Commerce'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.

Speed Commerce Days Inventory vs Software Industry

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

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


Speed Commerce Days Inventory Calculation

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

Speed Commerce's Days Inventory for the fiscal year that ended in Mar. 2015 is calculated as

Days Inventory (A: Mar. 2015 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2014 ) + Total Inventories (A: Mar. 2015 )) / count ) / Cost of Goods Sold (A: Mar. 2015 )*Days in Period
=( (0 + 1.687) / 1 ) / 105.4*365
=1.687 / 105.4*365
=5.84

Speed Commerce's Days Inventory for the quarter that ended in Dec. 2015 is calculated as:

Days Inventory (Q: Dec. 2015 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2015 ) + Total Inventories (Q: Dec. 2015 )) / count ) / Cost of Goods Sold (Q: Dec. 2015 )*Days in Period
=( (1.575 + 0.732) / 2 ) / 32.462*365 / 4
=1.1535 / 32.462*365 / 4
=3.24

* 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 3.24 mean?
Speed Commerce (SPDC) has a Days Inventory of 3.24 as of Dec. 2015. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Speed Commerce and its competitors.
Is Speed Commerce's Days Inventory too high?
Speed Commerce's current Days Inventory is 3.24. The Software industry median Days Inventory is 20.13. Speed Commerce's value of 3.24 is 83.9% below this industry median.
How does Speed Commerce's Days Inventory compare to RMDM and BVTK?
Speed Commerce's Days Inventory of 3.24 can be compared against companies in the Software industry. The industry median Days Inventory is 20.13. Speed Commerce's value of 3.24 is 83.9% below this benchmark. 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 20.13, based on 1,650 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. Speed Commerce's current Days Inventory of 3.24 is 83.9% 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 Speed Commerce and its competitors. For the Software industry, the median Days Inventory is 20.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Speed Commerce's current Days Inventory is 3.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Speed Commerce stock overvalued right now?
Speed Commerce (SPDC) has a current Days Inventory of 3.24. The current Days Inventory is 3.24 and 83.9% below the Software industry median of 20.13. 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 Speed Commerce (SPDC), the current Days Inventory is 3.24 as of Dec. 2015. 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.

Speed Commerce Business Description

Address 1303 East Arapaho Road, Suite 200, Richardson, TX, USA, 75081
Speed Commerce Inc is a provider of flexible end-to-end e-commerce services to retailers and manufacturers. It provides Web platform development and hosting, order management, fulfillment, logistics and contact center services, which provide clients with transaction-based services and information management tools. It manages fulfillment center from four facilities located in Pennsylvania, Ohio, Missouri, and Texas, utilizing automation technology, such as unit sortation, pick-to-pack conveyors and radio frequency (RF) scanning.