Constellation Software (Constellation Software) Days Inventory

: 18.56 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Constellation Software's Average Total Inventories for the three months ended in Dec. 2023 was $54 Mil. Constellation Software's Cost of Goods Sold for the three months ended in Dec. 2023 was $263 Mil. Hence, Constellation Software's Days Inventory for the three months ended in Dec. 2023 was 18.56.

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

CNSWF' s Days Inventory Range Over the Past 10 Years
Min: 18.78 Med: 27.24 Max: 35.25
Current: 19.71

During the past 13 years, Constellation Software's highest Days Inventory was 35.25. The lowest was 18.78. And the median was 27.24.

CNSWF's Days Inventory is ranked worse than
50.22% of 1565 companies
in the Software industry
Industry Median: 19.53 vs CNSWF: 19.71

Constellation Software's Days Inventory declined from Dec. 2022 (18.73) to Dec. 2023 (18.56).

Inventory Turnover measures how fast the company turns over its inventory within a year. Constellation Software's Inventory Turnover for the three months ended in Dec. 2023 was 4.92.

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. Constellation Software's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.02.

Constellation Software Days Inventory Historical Data

The historical data trend for Constellation Software'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.

Constellation Software Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

29.58

24.79

21.27

19.93

18.66

Constellation Software Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory																18.73	20.32	20.58	20.44	18.56

Competitive Comparison

For the Software - Application subindustry, Constellation Software'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.

Constellation Software Days Inventory Distribution

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

* The bar in red indicates where Constellation Software's Days Inventory falls into.

Constellation Software Days Inventory Calculation

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

Constellation Software's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (48	+	51)	/	2 )	/	968	*	365
=	49.5					/	968	*	365
=	18.66

Constellation Software's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (56	+	51)	/	2 )	/	263	*	365 / 4
=	53.5					/	263	*	365 / 4
=	18.56

Constellation Software (OTCPK:CNSWF) 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.

Constellation Software's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	263	/	53.5
	=	4.92

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.

Constellation Software's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	53.5	/	2321
	=	0.02

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.

Constellation Software Days Inventory Related Terms

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

Constellation Software (Constellation Software) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Constellation Software Inc (OTCPK:CNSWF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

W9C:Germany CSU:Canada

Address

20 Adelaide Street East, Suite 1200, Toronto, ON, CAN, M5C 2T6

Website

https://www.csisoftware.com

Constellation Software Inc is a Canada-based company that develops and customizes software for public- and private-sector markets. The firm acquires, manages, and builds vertical-specific businesses. The portfolio companies serve various markets including communications, credit unions, beverage distribution, tour operators, auto clubs, textiles and apparel, hospitality, and community care. The firm has operations in Canada; USA; UK/Europe and Other.