Haivision Systems (TSX:HAI) Inventory Turnover : 0.53 (As of Jan. 2024)

View and export this data going back to 2020. Start your Free Trial

What is Haivision Systems Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Haivision Systems's Cost of Goods Sold for the three months ended in Jan. 2024 was C$9.4 Mil. Haivision Systems's Average Total Inventories for the quarter that ended in Jan. 2024 was C$17.8 Mil. Haivision Systems's Inventory Turnover for the quarter that ended in Jan. 2024 was 0.53.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Haivision Systems's Days Inventory for the three months ended in Jan. 2024 was 173.06.

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. Haivision Systems's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.51.

Haivision Systems Inventory Turnover Historical Data

The historical data trend for Haivision Systems's Inventory Turnover 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.

Haivision Systems Inventory Turnover Chart

Haivision Systems Annual Data

Trend

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Inventory Turnover

Get a 7-Day Free Trial

4.53

3.97

3.14

2.63

2.06

Haivision Systems Quarterly Data
	Oct18	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Inventory Turnover	Get a 7-Day Free Trial															0.54	0.52	0.49	0.49	0.53

Haivision Systems Inventory Turnover Calculation

Haivision Systems's Inventory Turnover for the fiscal year that ended in Oct. 2023 is calculated as

	Inventory Turnover (A: Oct. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Oct. 2023 )	/ (	(Total Inventories (A: Oct. 2022 )	+	Total Inventories (A: Oct. 2023 ))	/	count )
=	41.272	/ (	(21.056	+	18.93)	/	2 )
=	41.272	/	19.993
=	2.06

Haivision Systems's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

	Inventory Turnover (Q: Jan. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jan. 2024 )	/ (	(Total Inventories (Q: Oct. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )
=	9.386	/ (	(18.93	+	16.673)	/	2 )
=	9.386	/	17.8015
=	0.53

Haivision Systems (TSX:HAI) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Haivision Systems's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jan. 2024 )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
	=	17.8015	/	9.386	*	365 / 4
	=	173.06

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.

Haivision Systems's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jan. 2024 )	/	Revenue (Q: Jan. 2024 )
	=	17.8015	/	34.579
	=	0.51

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Haivision Systems Inventory Turnover Related Terms

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

Haivision Systems (TSX:HAI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Haivision Systems Inc (TSX:HAI) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

HAIVF:USA

Address

2600 Boulevard Alfred Nobel, 5th Floor, Montreal, QC, CAN, H4S 0A9

Website

https://www.haivision.com

Haivision Systems Inc is a provider of infrastructure solutions for the video streaming market, servicing enterprises and governments globally. The organizations use company solutions to communicate, collaborate and educate customers and stakeholders. It delivers high quality, low latency, secure and reliable video through the entire IP video lifecycle, using a broad range of software, hardware, and services. Its geographical segments are Canada, International, and the United States, of which the majority of its revenue comes from the United States.

Executives

Miroslav Wicha

10% Security Holder, Director, Senior Officer

Haivision Systems (TSX:HAI) Headlines

No Headlines