Days Inventory is also known as Days Sales of Inventory (DSI). Cy4gate SpA's Average Total Inventories for the
six
months ended in Dec. 2023 was €0.62 Mil. Cy4gate SpA's Cost of Goods Sold for the
six
months ended in Dec. 2023 was €27.64 Mil.
Hence, Cy4gate SpA's Days Inventory for the
six
months ended in Dec. 2023 was 4.11.
The historical rank and industry rank for Cy4gate SpA's Days Inventory or its related term are showing as below:
MIL:CY4'
s Days Inventory Range Over the Past 10 Years
Min: 3.6 Med: 11.13 Max: 99.5
Current: 4.22
During the past 6 years, Cy4gate SpA's highest Days Inventory was 99.50. The lowest was 3.60. And the median was 11.13.
MIL:CY4's Days Inventory is ranked better than 73.58% of 1563
companies
in the Software industry
Industry Median: 18.88
vs MIL:CY4: 4.22
Cy4gate SpA's Days Inventory
increased
from Dec. 2022 (3.85) to Dec. 2023 (4.11).
It might indicate that Cy4gate SpA's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Cy4gate SpA's Inventory Turnover for the
six
months ended in Dec. 2023 was 44.43.
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.
Cy4gate SpA's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.02.
Cy4gate SpA Days Inventory Historical Data
The historical data trend for Cy4gate SpA'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.
Competitive Comparison of Cy4gate SpA's Days Inventory
For the Software - Infrastructure subindustry, Cy4gate SpA'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.
Cy4gate SpA's Days Inventory Distribution in the Software Industry
For the Software industry and Technology sector, Cy4gate SpA's Days Inventory distribution charts can be found below:
* The bar in red indicates where Cy4gate SpA's Days Inventory falls into.
Cy4gate SpA Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Cy4gate SpA's Days Inventory for the fiscal year that ended in Dec. 2023 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.
Cy4gate SpA (MIL:CY4) 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.
Cy4gate SpA's Inventory Turnover for the
six
months ended in Dec. 2023 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.
Cy4gate SpA's Inventory to Revenue for the
six
months ended in Dec. 2023 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.
Cy4gate SpA Days Inventory Related Terms
Thank you for viewing the detailed overview of Cy4gate SpA's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Cy4gate SpA is engaged in developing and selling cyber intelligence and cyber security products. It has two main business lines: the division Cyber Intelligence and the Cybersecurity division, dividing its offer between products and services in both business lines. Specifically, Cyber Intelligence is composed of Decision intelligence propriety products and Forensic Intelligence and Data Analysis products. The Cybersecurity division is composed of the development of products and technologies for Cybersecurity and Cybersecurity consultation, training, and services.
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