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Asseco Poland (WAR:ACP) Days Inventory : 8.18 (As of Mar. 2024)


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What is Asseco Poland Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Asseco Poland's Average Total Inventories for the three months ended in Mar. 2024 was zł299 Mil. Asseco Poland's Cost of Goods Sold for the three months ended in Mar. 2024 was zł3,339 Mil. Hence, Asseco Poland's Days Inventory for the three months ended in Mar. 2024 was 8.18.

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

WAR:ACP' s Days Inventory Range Over the Past 10 Years
Min: 4.16   Med: 5.33   Max: 9.03
Current: 6.93

During the past 13 years, Asseco Poland's highest Days Inventory was 9.03. The lowest was 4.16. And the median was 5.33.

WAR:ACP's Days Inventory is ranked better than
67.16% of 1559 companies
in the Software industry
Industry Median: 19.18 vs WAR:ACP: 6.93

Asseco Poland's Days Inventory declined from Mar. 2023 (9.04) to Mar. 2024 (8.18).

Inventory Turnover measures how fast the company turns over its inventory within a year. Asseco Poland's Inventory Turnover for the three months ended in Mar. 2024 was 11.15.

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. Asseco Poland's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.07.


Asseco Poland Days Inventory Historical Data

The historical data trend for Asseco Poland'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.

Asseco Poland Days Inventory Chart

Asseco Poland Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.73 5.93 6.31 7.10 9.03

Asseco Poland Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 9.04 61.02 0.21 4.57 8.18

Competitive Comparison of Asseco Poland's Days Inventory

For the Software - Application subindustry, Asseco Poland'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.


Asseco Poland's Days Inventory Distribution in the Software Industry

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

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



Asseco Poland Days Inventory Calculation

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

Asseco Poland'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
=( (326 + 325.9) / 2 ) / 13170.8*365
=325.95 / 13170.8*365
=9.03

Asseco Poland's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (325.9 + 273) / 2 ) / 3338.7*365 / 4
=299.45 / 3338.7*365 / 4
=8.18

* 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.


Asseco Poland  (WAR:ACP) 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.

Asseco Poland's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

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.

Asseco Poland's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

* 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.


Asseco Poland Days Inventory Related Terms

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


Asseco Poland (WAR:ACP) Business Description

Traded in Other Exchanges
Address
14 Olchowa Street, Rzeszow, POL, 35-322
Asseco Poland SA is the Polish subsidiary of the multinational Asseco Group, which has a presence in Europe and Israel. The firm develops sector-specific software for banking and finance, and executes large IT projects for healthcare, insurance, and other sectors in public administration. Asseco's flagship product for the banking sector is the comprehensive IT suite def3000, used by financial institutions in Poland. The firm also provides IT consulting, systems integration, and implementation services for large and midsize industrial enterprises. A large majority of the firm's revenue is generated through proprietary software licenses from Polish institutions.