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Climb Global Solutions (Climb Global Solutions) Days Inventory : 3.39 (As of Mar. 2024)


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What is Climb Global Solutions Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Climb Global Solutions's Average Total Inventories for the three months ended in Mar. 2024 was $2.8 Mil. Climb Global Solutions's Cost of Goods Sold for the three months ended in Mar. 2024 was $75.4 Mil. Hence, Climb Global Solutions's Days Inventory for the three months ended in Mar. 2024 was 3.39.

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

CLMB' s Days Inventory Range Over the Past 10 Years
Min: 1.62   Med: 5.2   Max: 7
Current: 3.84

During the past 13 years, Climb Global Solutions's highest Days Inventory was 7.00. The lowest was 1.62. And the median was 5.20.

CLMB's Days Inventory is ranked better than
99.21% of 2407 companies
in the Hardware industry
Industry Median: 102.53 vs CLMB: 3.84

Climb Global Solutions's Days Inventory declined from Mar. 2023 (5.77) to Mar. 2024 (3.39).

Inventory Turnover measures how fast the company turns over its inventory within a year. Climb Global Solutions's Inventory Turnover for the three months ended in Mar. 2024 was 26.90.

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. Climb Global Solutions's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.03.


Climb Global Solutions Days Inventory Historical Data

The historical data trend for Climb Global Solutions'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.

Climb Global Solutions Days Inventory Chart

Climb Global Solutions 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 4.32 6.43 5.36 4.95 5.40

Climb Global Solutions 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 5.77 4.89 4.08 3.33 3.39

Competitive Comparison of Climb Global Solutions's Days Inventory

For the Electronics & Computer Distribution subindustry, Climb Global Solutions'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.


Climb Global Solutions's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Climb Global Solutions's Days Inventory distribution charts can be found below:

* The bar in red indicates where Climb Global Solutions's Days Inventory falls into.



Climb Global Solutions Days Inventory Calculation

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

Climb Global Solutions'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
=( (4.766 + 3.741) / 2 ) / 287.766*365
=4.2535 / 287.766*365
=5.40

Climb Global Solutions'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
=( (3.741 + 1.865) / 2 ) / 75.402*365 / 4
=2.803 / 75.402*365 / 4
=3.39

* 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.


Climb Global Solutions  (NAS:CLMB) 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.

Climb Global Solutions'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.

Climb Global Solutions'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.


Climb Global Solutions Days Inventory Related Terms

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


Climb Global Solutions (Climb Global Solutions) Business Description

Traded in Other Exchanges
N/A
Address
4 Industrial Way West, Suite 300, Eatontown, NJ, USA, 07724
Climb Global Solutions Inc is a cloud-based, value-added IT distribution and solutions company specializing in emerging technologies. It operates across the USA, Canada, and Europe through multiple business units, including Climb Channel Solutions, Sigma, Grey Matter, Interwork, and TechXtend. The Company is organized into two reportable operating segments. The Distribution segment distributes technical software to corporate resellers, value added resellers (VARs), consultants and systems integrators under the name Climb Channel Solutions. The Solutions segment is a cloud solutions provider and value-added reseller of software, hardware and services to customers under the names Grey Matter.
Executives
Timothy Popovich officer: COO & President 715 OCEAN GATE AVE, PO BOX 523, OCEAN GATE NJ 08740
Andrew S Bryant director ARROW ELECTRONICS, INC., 9201 EAST DRY CREEK ROAD, CENTENNIAL CO 80112
Andrew E Clark officer: Chief Financial Officer 6011 UNIVERSITY BLVD., SUITE 370, ELLICOTT CITY MD 21043
Geygan Jeffrey Richart Geygan director 1433 N WATER STREET, SUITE 549, MILWAUKEE WI 53202
John R Mccarthy director 4 INDUSTRIAL WAY WEST, SUITE 300, EATONTOWN NJ 07724
Kimberly Boren director 18872 MACARTHUR BLVD., SUITE 200, IRVINE CA 92612
Gerri Gold director 4 INDUSTRIAL WAY WEST, SUITE 300, EATONTOWN NJ 07724
Dale Richard Foster officer: Executive VP 10900 PUMP HOUSE ROAD, ANNAPOLIS JUNCTION MD 20701
Charles Edward Bass officer: VP New Business 12427 BAYHILL DRIVE, CARMEL IN 46033
Vito Legrottaglie officer: VP Management Info Systems
Greg Scorziello director 4 INDUSTRIAL WAY WEST, SUITE 300, EATONTOWN NJ 07724
Matthew M Sullivan officer: CAO 4 INDUSTRIAL WAY WEST, SUITE 300, EATONTOWN NJ 07724
Carol Dibattiste director 1155 W FREDERICK SMALL RD, JUPITER FL 33458
Diana Kurty director C/O WAYSIDE TECHNOLOGY GROUP, 11, SHREWSBURY NJ 07702
Michael Faith director, officer: Director ONE DANIEL BURNHAM CT., #400C, SAN FRANCISCO CA 94109