niiio finance group AG (STU:NIIN) Days Inventory : 0.10 (As of Jun. 2023)

View and export this data going back to 2007. Start your Free Trial

What is niiio finance group AG Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). niiio finance group AG's Average Total Inventories for the six months ended in Jun. 2023 was €0.00 Mil. niiio finance group AG's Cost of Goods Sold for the six months ended in Jun. 2023 was €1.75 Mil. Hence, niiio finance group AG's Days Inventory for the six months ended in Jun. 2023 was 0.10.

The historical rank and industry rank for niiio finance group AG's Days Inventory or its related term are showing as below:

STU:NIIN' s Days Inventory Range Over the Past 10 Years
Min: 0.11 Med: 0.16 Max: 0.21
Current: 0.11

During the past 9 years, niiio finance group AG's highest Days Inventory was 0.21. The lowest was 0.11. And the median was 0.16.

STU:NIIN's Days Inventory is ranked better than
97.63% of 1563 companies
in the Software industry
Industry Median: 18.99 vs STU:NIIN: 0.11

niiio finance group AG's Days Inventory stayed the same from Jun. 2022 (0.10) to Jun. 2023 (0.10).

Inventory Turnover measures how fast the company turns over its inventory within a year. niiio finance group AG's Inventory Turnover for the six months ended in Jun. 2023 was 1,749.00.

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. niiio finance group AG's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.00.

niiio finance group AG Days Inventory Historical Data

The historical data trend for niiio finance group AG'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.

niiio finance group AG Days Inventory Chart

niiio finance group AG Annual Data

Trend

Dec08

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

Get a 7-Day Free Trial

0.21

0.11

niiio finance group AG Semi-Annual Data
	Dec08	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Inventory	Get a 7-Day Free Trial													38.55	12.07	0.10	0.12	0.10

Competitive Comparison of niiio finance group AG's Days Inventory

For the Software - Application subindustry, niiio finance group AG'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.

niiio finance group AG's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, niiio finance group AG's Days Inventory distribution charts can be found below:

* The bar in red indicates where niiio finance group AG's Days Inventory falls into.

niiio finance group AG Days Inventory Calculation

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

niiio finance group AG'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
=	( (0.001	+	0.001)	/	2 )	/	3.4	*	365
=	0.001					/	3.4	*	365
=	0.11

niiio finance group AG's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0.001	+	0.001)	/	2 )	/	1.749	*	365 / 2
=	0.001					/	1.749	*	365 / 2
=	0.10

niiio finance group AG (STU:NIIN) 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.

niiio finance group AG's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.749	/	0.001
	=	1,749.00

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.

niiio finance group AG's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.001	/	4.067
	=	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.

niiio finance group AG Days Inventory Related Terms

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

niiio finance group AG (STU:NIIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » niiio finance group AG (STU:NIIN) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

NIIN:Germany

Address

Elisabethstrasse 42/43, Gorlitz, SN, DEU, 02826

Website

http://www.niiio.finance

niiio finance group AG is a technology and software company. It offers software solutions for the target groups of banks, insurance companies, asset managers, and independent financial service providers. It designs, develops, and sells Software-as-a-Service solutions such as Digital wealth management, White-Label Robo-Advisor, and an Open-banking suite of APIs. The group currently has two business areas. to develop additional business potential in the medium to long term, the team is also working on offering a marketplace/platform solution for the integration of third-party software components for digital wealth management. Another medium to longer-term development project concerns the offering of a new custody and administration infrastructure for assets based on blockchain.

Executives

Herr Johann Horch	Supervisory Board
Dr. Martin Setzer	Supervisory Board

niiio finance group AG (STU:NIIN) Headlines

No Headlines