GURUFOCUS.COM » STOCK LIST » Technology » Software » A10 Networks Inc (NYSE:ATEN) » Definitions » Days Inventory

A10 Networks (A10 Networks) Days Inventory : 193.03 (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is A10 Networks Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). A10 Networks's Average Total Inventories for the three months ended in Mar. 2024 was $24.2 Mil. A10 Networks's Cost of Goods Sold for the three months ended in Mar. 2024 was $11.4 Mil. Hence, A10 Networks's Days Inventory for the three months ended in Mar. 2024 was 193.03.

The historical rank and industry rank for A10 Networks's Days Inventory or its related term are showing as below:

ATEN' s Days Inventory Range Over the Past 10 Years
Min: 114.41   Med: 147.86   Max: 167.41
Current: 167.41

During the past 13 years, A10 Networks's highest Days Inventory was 167.41. The lowest was 114.41. And the median was 147.86.

ATEN's Days Inventory is ranked worse than
88.37% of 1565 companies
in the Software industry
Industry Median: 19.61 vs ATEN: 167.41

A10 Networks's Days Inventory increased from Mar. 2023 (179.02) to Mar. 2024 (193.03). It might indicate that A10 Networks's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. A10 Networks's Inventory Turnover for the three months ended in Mar. 2024 was 0.47.

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. A10 Networks's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.40.


A10 Networks Days Inventory Historical Data

The historical data trend for A10 Networks'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.

A10 Networks Days Inventory Chart

A10 Networks 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 150.51 156.90 147.32 135.37 164.44

A10 Networks 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 179.02 138.37 182.35 161.83 193.03

Competitive Comparison of A10 Networks's Days Inventory

For the Software - Infrastructure subindustry, A10 Networks'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.


A10 Networks's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, A10 Networks's Days Inventory distribution charts can be found below:

* The bar in red indicates where A10 Networks's Days Inventory falls into.



A10 Networks Days Inventory Calculation

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

A10 Networks'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
=( (19.693 + 23.522) / 2 ) / 47.962*365
=21.6075 / 47.962*365
=164.44

A10 Networks'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
=( (23.522 + 24.895) / 2 ) / 11.444*365 / 4
=24.2085 / 11.444*365 / 4
=193.03

* 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.


A10 Networks  (NYSE:ATEN) 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.

A10 Networks'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.

A10 Networks'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.


A10 Networks Days Inventory Related Terms

Thank you for viewing the detailed overview of A10 Networks's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


A10 Networks (A10 Networks) Business Description

Traded in Other Exchanges
Address
2300 Orchard Parkway, San Jose, CA, USA, 95131
A10 Networks Inc is a provider of secure application solutions and services that enables a new generation of intelligently connected companies, the ability to continuously improve cyber protection and digital responsiveness across dynamic Information Technology and network infrastructures. Its portfolio consists of six secure application solutions; Thunder Application Delivery Controller, Lightning Application Delivery Controller, Thunder Carrier Grade Networking, Thunder Threat Protection System, Thunder SSL Insight and Thunder Convergent Firewall, and two intelligent management and automation tools; Harmony Controller and aGalaxy TPS. Key revenue is generated from the Americas, with the rest coming from Europe, the Middle East and Africa, plus the Asia Pacific region.
Executives
Dhrupad Trivedi officer: Chief Executive Officer 1 N. BRENTWOOD BLVD., SUITE 1599, SAINT LOUIS MO 63105
Matthew P Bruening officer: EVP, Worldwide Sales & Mktg 2300 ORCHARD PARKWAY, SAN JOSE CA 95131
Karen S. Thomas officer: EVP, Worldwide Sales and Mkt 2300 ORCHARD PARKWAY, SAN JOSE CA 95125
Brian Becker officer: Interim CFO 230 HOWES DRIVE, LOS GATOS CA 95032
Robert Scott Weber officer: General Counsel 2300 ORCHARD PARKWAY, SAN JOSE CA 95131
Peter Y Chung director, other: Indirect GP of 10% Owner C/O SUMMIT PARTNERS, 222 BERKELEY STREET, 18TH FLR, BOSTON MA 02116
Viex Opportunities Fund, Lp Series One other: See Explanation of Responses C/O VIEX CAPITAL ADVISORS, LLC, 825 THIRD AVENUE, 33RD FLOOR, NEW YORK NY 10022
Robert D Cochran director, officer: VP, Legal & Corp Collaboration 2300 ORCHARD PARKWAY, SAN JOSE CA 95131
Dana Elizabeth Wolf director 2300 ORCHARD PARKWAY, SAN JOSE CA 95131
Viex Opportunities Fund, Lp - Series Two other: See Explanation of Responses C/O VIEX CAPITAL ADVISORS, LLC, 825 THIRD AVENUE, 33RD FLOOR, NEW YORK NY 10022
Summit Partners L P other: Manager of GP of 10% Owner 222 BERKELEY STREET, 18TH FLOOR, BOSTON MA 02116
Mary Dotz director 280 N BERNARDO AVENUE, MOUNTAIN VIEW CA 94043
Gunter Reiss officer: VP Worldwide Mktg & Bus Dev 2300 ORCHARD PARKWAY, SAN JOSE CA 95131
Thomas Constantino officer: EVP, Chief Financial Officer 2300 ORCHARD PARKWAY, SAN JOSE CA 95131
Lee Chen director, 10 percent owner, officer: CEO and President C/O A10 NETWORKS, INC, 2300 ORCHARD PARK, SAN JOSE CA 95131