GURUFOCUS.COM » STOCK LIST » Technology » Software » Signing Day Sports Inc (AMEX:SGN) » Definitions » Days Inventory

Signing Day Sports (Signing Day Sports) Days Inventory : 0.00 (As of Sep. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Signing Day Sports Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Signing Day Sports's Average Total Inventories for the three months ended in Sep. 2023 was $0.00 Mil. Signing Day Sports's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.01 Mil. Hence, Signing Day Sports's Days Inventory for the three months ended in Sep. 2023 was 0.00.

The historical rank and industry rank for Signing Day Sports's Days Inventory or its related term are showing as below:

SGN's Days Inventory is not ranked *
in the Software industry.
Industry Median: 19.37
* Ranked among companies with meaningful Days Inventory only.

Signing Day Sports'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. Signing Day Sports's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.00.

Signing Day Sports Days Inventory Historical Data

The historical data trend for Signing Day Sports'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.

Signing Day Sports Days Inventory Chart

Signing Day Sports Annual Data
Trend Dec21 Dec22
Days Inventory
- -

Signing Day Sports Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Days Inventory Get a 7-Day Free Trial - - - - -

Competitive Comparison of Signing Day Sports's Days Inventory

For the Software - Application subindustry, Signing Day Sports'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.

Signing Day Sports's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Signing Day Sports's Days Inventory distribution charts can be found below:

* The bar in red indicates where Signing Day Sports's Days Inventory falls into.


Signing Day Sports Days Inventory Calculation

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

Signing Day Sports'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 ) / 0.783*365
=0 / 0.783*365
=0.00

Signing Day Sports'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 ) / 0.01*365 / 4
=0 / 0.01*365 / 4
=0.00

* 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.

Signing Day Sports  (AMEX:SGN) 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.

Signing Day Sports's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.01 / 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.

Signing Day Sports's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0 / 0.055
=0.00

* 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.

Signing Day Sports Days Inventory Related Terms

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

Signing Day Sports (Signing Day Sports) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Signing Day Sports Inc (AMEX:SGN) » Definitions » Days Inventory
Comparable Companies
Traded in Other Exchanges
N/A
Address
8355 East Hartford Road, Suite 100, Scottsdale, AZ, USA, 85255
Website
https://signingdaysports.com
Signing Day Sports Inc is a technology company developing and operating platforms aiming to give significantly more student-athletes the opportunity to go to college and continue playing sports. Its platform Signing Day Sports is a digital ecosystem to help athletes get discovered and recruited by coaches and recruiters across the country. It currently fully supports football and baseball, and it plans to expand the Signing Day Sports platform to include additional sports.