Ctac NV (XAMS:CTAC) Days Inventory : 0.83 (As of Dec. 2023)

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What is Ctac NV Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ctac NV's Average Total Inventories for the six months ended in Dec. 2023 was €0.2 Mil. Ctac NV's Cost of Goods Sold for the six months ended in Dec. 2023 was €43.1 Mil. Hence, Ctac NV's Days Inventory for the six months ended in Dec. 2023 was 0.83.

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

XAMS:CTAC' s Days Inventory Range Over the Past 10 Years
Min: 0.3 Med: 0.56 Max: 0.75
Current: 0.75

During the past 13 years, Ctac NV's highest Days Inventory was 0.75. The lowest was 0.30. And the median was 0.56.

XAMS:CTAC's Days Inventory is ranked better than
89.57% of 1563 companies
in the Software industry
Industry Median: 18.99 vs XAMS:CTAC: 0.75

Ctac NV's Days Inventory increased from Dec. 2022 (0.79) to Dec. 2023 (0.83). It might indicate that Ctac NV's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ctac NV's Inventory Turnover for the six months ended in Dec. 2023 was 218.61.

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. Ctac NV's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.

Ctac NV Days Inventory Historical Data

The historical data trend for Ctac NV'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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Ctac NV Days Inventory Chart

Ctac NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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0.30

0.56

0.71

Ctac NV Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															0.33	0.43	0.79	0.72	0.83

Competitive Comparison of Ctac NV's Days Inventory

For the Information Technology Services subindustry, Ctac NV'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.

Ctac NV's Days Inventory Distribution in the Software Industry

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

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

Ctac NV Days Inventory Calculation

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

Ctac NV's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0.2	+	0.175)	/	2 )	/	96.5	*	365
=	0.1875					/	96.5	*	365
=	0.71

Ctac NV's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0.219	+	0.175)	/	2 )	/	43.066	*	365 / 2
=	0.197					/	43.066	*	365 / 2
=	0.83

Ctac NV (XAMS:CTAC) 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.

Ctac NV's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	43.066	/	0.197
	=	218.61

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.

Ctac NV's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.197	/	62.31
	=	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.

Ctac NV Days Inventory Related Terms

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

Ctac NV (XAMS:CTAC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ctac NV (XAMS:CTAC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

TAC:Germany

Address

Meerendonkweg 11, ’s-Hertogenbosch, NB, NLD, 5216 TZ

Website

https://www.ctac.nl

Ctac NV is a business and cloud integrator that provides a broad portfolio of systems, administration, and products (SAP) and Microsoft solutions on the cloud. It also provides business consultancy, managed services, project, learning, and secondment services. The company provides services to the retail, manufacturing, wholesale, third-party logistics, and consumer products industries. The essential product of the company is XV retail suite. The company classifies its business under geographical segments, including the Netherlands, Belgium, and Others. The Netherlands region generates maximum revenue for the company.