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SPYR Technologies (SPYR Technologies) Days Inventory : 10,493.75 (As of Sep. 2022)


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What is SPYR Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). SPYR Technologies's Average Total Inventories for the three months ended in Sep. 2022 was $0.12 Mil. SPYR Technologies's Cost of Goods Sold for the three months ended in Sep. 2022 was $0.00 Mil. Hence, SPYR Technologies's Days Inventory for the three months ended in Sep. 2022 was 10,493.75.

The historical rank and industry rank for SPYR Technologies's Days Inventory or its related term are showing as below:

SPYR's Days Inventory is not ranked *
in the Software industry.
Industry Median: 19.46
* Ranked among companies with meaningful Days Inventory only.

SPYR Technologies's Days Inventory increased from Sep. 2021 (0.00) to Sep. 2022 (10,493.75). It might indicate that SPYR Technologies's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. SPYR Technologies's Inventory Turnover for the three months ended in Sep. 2022 was 0.01.

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. SPYR Technologies's Inventory-to-Revenue for the three months ended in Sep. 2022 was 115.00.


SPYR Technologies Days Inventory Historical Data

The historical data trend for SPYR Technologies'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.

SPYR Technologies Days Inventory Chart

SPYR Technologies Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

SPYR Technologies Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 92.80 - - 10,493.75

Competitive Comparison of SPYR Technologies's Days Inventory

For the Software - Infrastructure subindustry, SPYR Technologies'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.


SPYR Technologies's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, SPYR Technologies's Days Inventory distribution charts can be found below:

* The bar in red indicates where SPYR Technologies's Days Inventory falls into.



SPYR Technologies Days Inventory Calculation

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

SPYR Technologies's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

Days Inventory (A: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (0 + 0) / 1 ) / 0.061*365
=0 / 0.061*365
=0.00

SPYR Technologies's Days Inventory for the quarter that ended in Sep. 2022 is calculated as:

Days Inventory (Q: Sep. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2022 ) + Total Inventories (Q: Sep. 2022 )) / count ) / Cost of Goods Sold (Q: Sep. 2022 )*Days in Period
=( (0.115 + 0.115) / 2 ) / 0.001*365 / 4
=0.115 / 0.001*365 / 4
=10,493.75

* 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.


SPYR Technologies  (OTCPK:SPYR) 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.

SPYR Technologies's Inventory Turnover for the three months ended in Sep. 2022 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.

SPYR Technologies's Inventory to Revenue for the three months ended in Sep. 2022 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.


SPYR Technologies Days Inventory Related Terms

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


SPYR Technologies (SPYR Technologies) Business Description

Traded in Other Exchanges
N/A
Address
6700 Woodlands Parkway, Suite 230, No. 331, The Woodlands, TX, USA, 77382
SPYR Technologies is a diversified technology company. The company develops products leveraging the Internet of Things (IoT) for consumer use and large-scale applications and industries. The Company operates two segments in the Internet of Things (IoT) market. The company through its wholly-owned subsidiary GeoTraq division, develop and manufacture entirely self-contained and ultra-small Mobile IoT (Internet of Things) modules for asset tracking, location-based services, and sensor modules for remote monitoring.
Executives
Timothy Matula director, officer: CEO 175 JACKSON AVE N, SUITE 102, MINNEAPOLIS MN 55343
Tad M Mailander director 4811 49TH STREET, SAN DIEGO CA 92115
Barry D Loveless officer: CFO 4643 S ULSTER ST. SUITE 1510, DENVER CO 80237
Jennifer Devon Duettra officer: Executive Vice President 8547 E. ARAPAHOE RD., #J527, GREENWOOD VILLAGE CO 80112
James Richard Thompson officer: President & CEO 8547 E. ARAPAHOE RD., #J527, GREENWOOD VILLAGE CO 80112