Days Inventory is also known as Days Sales of Inventory (DSI). ODDITY Tech's Average Total Inventories for the
three
months ended in Mar. 2024 was $85.7 Mil. ODDITY Tech's Cost of Goods Sold for the
three
months ended in Mar. 2024 was $55.5 Mil.
Hence, ODDITY Tech's Days Inventory for the
three
months ended in Mar. 2024 was 140.91.
The historical rank and industry rank for ODDITY Tech's Days Inventory or its related term are showing as below:
ODD'
s Days Inventory Range Over the Past 10 Years
Min: 173.18 Med: 181.98 Max: 208.58
Current: 173.18
During the past 4 years, ODDITY Tech's highest Days Inventory was 208.58. The lowest was 173.18. And the median was 181.98.
ODD's Days Inventory is ranked worse than 89.2% of 1565
companies
in the Software industry
Industry Median: 19.64
vs ODD: 173.18
ODDITY Tech's Days Inventory
increased
from Mar. 2023 (132.68) to Mar. 2024 (140.91).
It might indicate that ODDITY Tech's sales slowed down.
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year.
ODDITY Tech's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.65.
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.
ODDITY Tech's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.41.
ODDITY Tech Days Inventory Historical Data
The historical data trend for ODDITY Tech'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 ODDITY Tech's Days Inventory
For the Software - Infrastructure subindustry, ODDITY Tech'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.
ODDITY Tech's Days Inventory Distribution in the Software Industry
For the Software industry and Technology sector, ODDITY Tech's Days Inventory distribution charts can be found below:
* The bar in red indicates where ODDITY Tech's Days Inventory falls into.
ODDITY Tech Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
ODDITY Tech'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.
ODDITY Tech (NAS:ODD) 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.
ODDITY Tech'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.
ODDITY Tech'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.
ODDITY Tech Days Inventory Related Terms
Thank you for viewing the detailed overview of ODDITY Tech's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
ODDITY Tech Ltd offers a consumer tech platform that is built to transform the global beauty and wellness market. The ODDITY platform is designed to support a portfolio of brands and services that aim to innovate and disrupt the expansive global beauty and wellness market. It consumes user data to develop physical beauty and wellness products that deliver performance and functionality.
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