Xtract One Technologies (TSX:XTRA) Days Inventory : 131.61 (As of Jan. 2024)

View and export this data going back to 2012. Start your Free Trial

What is Xtract One Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Xtract One Technologies's Average Total Inventories for the three months ended in Jan. 2024 was C$1.64 Mil. Xtract One Technologies's Cost of Goods Sold for the three months ended in Jan. 2024 was C$1.14 Mil. Hence, Xtract One Technologies's Days Inventory for the three months ended in Jan. 2024 was 131.61.

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

TSX:XTRA' s Days Inventory Range Over the Past 10 Years
Min: 149.57 Med: 2361.21 Max: 19423.21
Current: 149.57

During the past 13 years, Xtract One Technologies's highest Days Inventory was 19423.21. The lowest was 149.57. And the median was 2361.21.

TSX:XTRA's Days Inventory is ranked worse than
86.41% of 1560 companies
in the Software industry
Industry Median: 19.44 vs TSX:XTRA: 149.57

Xtract One Technologies's Days Inventory declined from Jan. 2023 (249.07) to Jan. 2024 (131.61).

Inventory Turnover measures how fast the company turns over its inventory within a year. Xtract One Technologies's Inventory Turnover for the three months ended in Jan. 2024 was 0.69.

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. Xtract One Technologies's Inventory-to-Revenue for the three months ended in Jan. 2024 was 0.56.

Xtract One Technologies Days Inventory Historical Data

The historical data trend for Xtract One Technologies'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.

Xtract One Technologies Days Inventory Chart

Xtract One Technologies Annual Data

Trend

May14

May15

May16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Days Inventory

Get a 7-Day Free Trial

2,361.21

19,423.21

1,689.28

Xtract One Technologies Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Inventory	Get a 7-Day Free Trial															249.07	78.69	-	137.63	131.61

Competitive Comparison of Xtract One Technologies's Days Inventory

For the Software - Application subindustry, Xtract One Technologies'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.

Xtract One Technologies's Days Inventory Distribution in the Software Industry

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

* The bar in red indicates where Xtract One Technologies's Days Inventory falls into.

Xtract One Technologies Days Inventory Calculation

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

Xtract One Technologies's Days Inventory for the fiscal year that ended in Jul. 2023 is calculated as

	Days Inventory (A: Jul. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jul. 2022 )	+	Total Inventories (A: Jul. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jul. 2023 )	*	Days in Period
=	( (1.106	+	1.603)	/	2 )	/	0	*	365
=	1.3545					/	0	*	365
=	N/A

Xtract One Technologies's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

	Days Inventory (Q: Jan. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Oct. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (1.51	+	1.767)	/	2 )	/	1.136	*	365 / 4
=	1.6385					/	1.136	*	365 / 4
=	131.61

Xtract One Technologies (TSX:XTRA) 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.

Xtract One Technologies's Inventory Turnover for the three months ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.136	/	1.6385
	=	0.69

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.

Xtract One Technologies's Inventory to Revenue for the three months ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.6385	/	2.92
	=	0.56

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.

Xtract One Technologies Days Inventory Related Terms

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

Xtract One Technologies (TSX:XTRA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Xtract One Technologies Inc (TSX:XTRA) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

XTRAF:USA 0PL:Germany

Address

257 Adelaide Street West, Suite 400, Toronto, ON, CAN, M5H 1X9

Website

https://www.xtractone.com

Xtract One Technologies Inc is a leading technology-driven threat detection and security solution leveraging AI to provide seamless and secure patron access control experiences. The principal business of the Company is the development and commercialization of an integrated, layered, AI-powered threat detection gateway solution, referred to as the Platform, with the aim of enhancing public health and safety. The company makes unobtrusive threat detection systems that enable venue-building operators to prioritize and deliver improved patron experiences while providing unprecedented safety. Xtract One's innovative multi-sensor gateway product enables companies to covertly screen for weapons at points of entry without disrupting the flow of traffic.

Xtract One Technologies (TSX:XTRA) Headlines

No Headlines