I-ON Digital (I-ON Digital) Days Inventory : 0.00 (As of Sep. 2023)

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What is I-ON Digital Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). I-ON Digital's Average Total Inventories for the three months ended in Sep. 2023 was $0.00 Mil. I-ON Digital's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.03 Mil. Hence, I-ON Digital's Days Inventory for the three months ended in Sep. 2023 was 0.00.

The historical rank and industry rank for I-ON Digital's Days Inventory or its related term are showing as below:

During the past 9 years, I-ON Digital's highest Days Inventory was 53.99. The lowest was 20.19. And the median was 48.15.

IONI's Days Inventory is not ranked ^*
in the Software industry.
Industry Median: 19.53
* Ranked among companies with meaningful Days Inventory only.

I-ON Digital's Days Inventory stayed the same from Sep. 2022 (0.00) to Sep. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. I-ON Digital's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.00.

I-ON Digital Days Inventory Historical Data

The historical data trend for I-ON Digital'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.

I-ON Digital Days Inventory Chart

I-ON Digital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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20.19

I-ON Digital Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of I-ON Digital's Days Inventory

For the Software - Application subindustry, I-ON Digital'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.

I-ON Digital's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, I-ON Digital's Days Inventory distribution charts can be found below:

* The bar in red indicates where I-ON Digital's Days Inventory falls into.

I-ON Digital Days Inventory Calculation

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

I-ON Digital'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
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

I-ON Digital's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.028	*	365 / 4
=	0					/	0.028	*	365 / 4
=	0.00

I-ON Digital (OTCPK:IONI) 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.

I-ON Digital's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.028	/	0
	=

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.

I-ON Digital's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.033
	=	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.

I-ON Digital Days Inventory Related Terms

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

I-ON Digital (I-ON Digital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » I-ON Digital Corp (OTCPK:IONI) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1244 North Stone Street, Unit 3, Chicago, IL, USA, 60610

Website

https://www.i-on.net

I-ON Digital Corp is a software developer and provider of enterprise-class unstructured data management and digital marketing software and solutions. It offers web content management (CMS), web experience and service delivery software, digital marketing, smart mobility, and analytics tools, and, more recently, energy management solutions. It serves products and services directly to clients in South Korea and Japan, Singapore, Malaysia, Indonesia, Thailand, Vietnam, and the United States.

Executives

Oh Jae Cheol James	director, 10 percent owner, officer: CEO/CFO	15, TEHRAN-RO 10-GIL, GANGAM-GU, SEOUL M5 06194
Mark Lamb	director	3548 SEAGATE WAY #110, OCEANSIDE CA 92056
Roy Layne Roberson	director	9241 IRVINE BOULEVARD SUITE 100, IRVINE CA 92618
Joseph Alvin Ryan	director	351 TRAILBLAZER, MISSION VIEJO CA 92692
Richard Chiang	other: Previous Officer and Director	460 BRANNAN STREET SUITE 78064, SAN FRANCISCO CA 94107
Michael J. Rapport Trust	10 percent owner	2480 RAILROAD STREET, CORONA CA 92880
Michael Rapport	director, 10 percent owner, officer: Pres, CEO, CFO & Chairman	2000 MAIN STREET, IRVINE CA 92614
Evan Rapport	director, officer: Vice President	2000 MAIN STREET, IRVINE CA 92614