Hub Cyber Security (Hub Cyber Security) Days Inventory : 8.07 (As of Jun. 2023)

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What is Hub Cyber Security Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hub Cyber Security's Average Total Inventories for the six months ended in Jun. 2023 was $1.40 Mil. Hub Cyber Security's Cost of Goods Sold for the six months ended in Jun. 2023 was $31.72 Mil. Hence, Hub Cyber Security's Days Inventory for the six months ended in Jun. 2023 was 8.07.

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

HUBC' s Days Inventory Range Over the Past 10 Years
Min: 7.19 Med: 16.89 Max: 24.46
Current: 7.19

During the past 5 years, Hub Cyber Security's highest Days Inventory was 24.46. The lowest was 7.19. And the median was 16.89.

HUBC's Days Inventory is ranked better than
66.56% of 1564 companies
in the Software industry
Industry Median: 19.515 vs HUBC: 7.19

Hub Cyber Security's Days Inventory declined from Jun. 2022 (8.93) to Jun. 2023 (8.07).

Inventory Turnover measures how fast the company turns over its inventory within a year. Hub Cyber Security's Inventory Turnover for the six months ended in Jun. 2023 was 22.62.

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. Hub Cyber Security's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.05.

Hub Cyber Security Days Inventory Historical Data

The historical data trend for Hub Cyber Security'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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Hub Cyber Security Days Inventory Chart

Hub Cyber Security Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

24.46

9.31

Hub Cyber Security Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Inventory	Get a 7-Day Free Trial				-	12.23	8.93	7.61	8.07

Competitive Comparison of Hub Cyber Security's Days Inventory

For the Software - Infrastructure subindustry, Hub Cyber Security'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.

Hub Cyber Security's Days Inventory Distribution in the Software Industry

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

* The bar in red indicates where Hub Cyber Security's Days Inventory falls into.

Hub Cyber Security Days Inventory Calculation

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

Hub Cyber Security'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
=	( (1.838	+	1.9)	/	2 )	/	73.297	*	365
=	1.869					/	73.297	*	365
=	9.31

Hub Cyber Security's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (1.9	+	0.904)	/	2 )	/	31.718	*	365 / 2
=	1.402					/	31.718	*	365 / 2
=	8.07

Hub Cyber Security (NAS:HUBC) 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.

Hub Cyber Security's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	31.718	/	1.402
	=	22.62

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.

Hub Cyber Security's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.402	/	30.712
	=	0.05

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.

Hub Cyber Security Days Inventory Related Terms

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

Hub Cyber Security (Hub Cyber Security) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Hub Cyber Security Ltd (NAS:HUBC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

17 Rothschild Boulevard, Tel Aviv, ISR, 6688120

Website

https://www.hubsecurity.com

Hub Cyber Security Ltd is engaged in the development of cyber products, software and quality systems, reliability, and risk management. It operates in several countries and provides cybersecurity computing appliances as well as a wide range of cybersecurity professional services.