Netwise (WAR:NTW) Days Inventory : 0.12 (As of Sep. 2023)

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What is Netwise Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Netwise's Average Total Inventories for the three months ended in Sep. 2023 was zł0.00 Mil. Netwise's Cost of Goods Sold for the three months ended in Sep. 2023 was zł1.47 Mil. Hence, Netwise's Days Inventory for the three months ended in Sep. 2023 was 0.12.

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

WAR:NTW' s Days Inventory Range Over the Past 10 Years
Min: 0.06 Med: 0.1 Max: 0.15
Current: 0.15

During the past 10 years, Netwise's highest Days Inventory was 0.15. The lowest was 0.06. And the median was 0.10.

WAR:NTW's Days Inventory is not ranked
in the Software industry.
Industry Median: 18.71 vs WAR:NTW: 0.15

Netwise's Days Inventory declined from Sep. 2022 (3.32) to Sep. 2023 (0.12).

Inventory Turnover measures how fast the company turns over its inventory within a year. Netwise's Inventory Turnover for the three months ended in Sep. 2023 was 735.50.

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. Netwise's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.00.

Netwise Days Inventory Historical Data

The historical data trend for Netwise'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.

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Netwise Days Inventory Chart

Netwise Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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Netwise 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															3.32	-	-	-	0.12

Competitive Comparison of Netwise's Days Inventory

For the Information Technology Services subindustry, Netwise'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.

Netwise's Days Inventory Distribution in the Software Industry

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

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

Netwise Days Inventory Calculation

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

Netwise'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	+	0)	/	1 )	/	3.325	*	365
=	0					/	3.325	*	365
=	0.00

Netwise'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	+	0.002)	/	1 )	/	1.471	*	365 / 4
=	0.002					/	1.471	*	365 / 4
=	0.12

Netwise (WAR:NTW) 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.

Netwise's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.471	/	0.002
	=	735.50

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.

Netwise's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.002	/	7.557
	=	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.

Netwise Days Inventory Related Terms

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

Netwise Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Netwise SA (WAR:NTW) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

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Address

ul. Szamocka 8, Warsaw, POL, 01-748

Website

http://www.netwise.pl

Netwise SA is engaged in business analysis, consulting and implementations of primarily on Microsoft Dynamics CRM implementations. The company has completed many CRM deployments in 18 European countries and in the USA in various industries, such as Telecommunications, Finance, Production, Medical care and Media and advertising.

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