INWK (InnerWorkings) Days Inventory : 21.24 (As of Jun. 2020)

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What is InnerWorkings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). InnerWorkings's Average Total Inventories for the three months ended in Jun. 2020 was $36 Mil. InnerWorkings's Cost of Goods Sold for the three months ended in Jun. 2020 was $155 Mil. Hence, InnerWorkings's Days Inventory for the three months ended in Jun. 2020 was 21.24.

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

INWK's Days Inventory is not ranked ^*
in the Media - Diversified industry.
Industry Median: 29.48
* Ranked among companies with meaningful Days Inventory only.

InnerWorkings's Days Inventory increased from Jun. 2019 (20.85) to Jun. 2020 (21.24). It might indicate that InnerWorkings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. InnerWorkings's Inventory Turnover for the three months ended in Jun. 2020 was 4.30.

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. InnerWorkings's Inventory-to-Revenue for the three months ended in Jun. 2020 was 0.18.

InnerWorkings Days Inventory Historical Data

The historical data trend for InnerWorkings'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.

InnerWorkings Days Inventory Chart

InnerWorkings Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Days Inventory

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13.99

15.31

16.32

20.29

18.48

InnerWorkings Quarterly Data
	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20
Days Inventory	Get a 7-Day Free Trial															20.85	24.17	17.63	16.08	21.24

Competitive Comparison of InnerWorkings's Days Inventory

For the Advertising Agencies subindustry, InnerWorkings'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.

InnerWorkings's Days Inventory Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, InnerWorkings's Days Inventory distribution charts can be found below:

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

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InnerWorkings Days Inventory Calculation

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

InnerWorkings's Days Inventory for the fiscal year that ended in Dec. 2019 is calculated as

	Days Inventory (A: Dec. 2019 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2018 )	+	Total Inventories (A: Dec. 2019 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2019 )	*	Days in Period
=	( (55.715	+	34.977)	/	2 )	/	895.825	*	365
=	45.346					/	895.825	*	365
=	18.48

InnerWorkings's Days Inventory for the quarter that ended in Jun. 2020 is calculated as:

	Days Inventory (Q: Jun. 2020 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2020 )	+	Total Inventories (Q: Jun. 2020 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2020 )	*	Days in Period
=	( (34.795	+	37.303)	/	2 )	/	154.89	*	365 / 4
=	36.049					/	154.89	*	365 / 4
=	21.24

InnerWorkings (NAS:INWK) 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.

InnerWorkings's Inventory Turnover for the three months ended in Jun. 2020 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	154.89	/	36.049
	=	4.30

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.

InnerWorkings's Inventory to Revenue for the three months ended in Jun. 2020 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	36.049	/	203.311
	=	0.18

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.

InnerWorkings Days Inventory Related Terms

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

InnerWorkings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » InnerWorkings Inc (NAS:INWK) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

203 North LaSalle Street, Suite 1800, Chicago, IL, USA, 60601

Website

http://www.inwk.com

InnerWorkings Inc is a marketing supply-chain company that provides marketing solutions, such as advertising materials, branded merchandise, product packaging, and retail displays. The company has three geographical reportable segments namely North America, EMEA, and LATAM. It generates maximum revenue from North America segment. The company operates a software platform called VALO that enables customers to a source, produce, monitor, and analyze their marketing plan with the company.

Executives

Richard S Stoddart	director, officer: President and CEO	C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861
Adan Pope	officer: Chief Technology Officer	203 NORTH LASALLE CHICAGO IL 60601
Renae Chorzempa	officer: Chief Human Resources Officer	C/O INNERWORKINGS, INC. 600 WEST CHICAGO AVENUE CHICAGO IL 60654
Oren B. Azar	officer: EVP and General Counsel	600 WEST CHICAGO AVE #850 CHICAGO IL 60654
Marc Zenner	director	1000 LOUISIANA STREET, SUITE 3850, HOUSTON TX 77002
Ronald Provenzano	officer: Head of Operations	C/O INNERWORKINGS, INC. 600 W. CHICAGO AVE. #850 CHICAGO IL 60654
Lindsay Y Corby	director	180 NORTH LASALLE STREET, SUITE 300, CHICAGO IL 60601
Charles K Bobrinskoy	director	C/O INNERWORKINGS, INC., 600 WEST CHICAGO AVENUE, SUITE 850, CHICAGO IL 60654
Donald W Pearson	officer: Executive VP and CFO	425 N. MARTINGALE ROAD SUITE 2050 SCHAUMBURG IL 60173-2213
John Bosshart	officer: Chief Accounting Officer	500 W. MADISON STREET, #1000, CHICAGO IL 60661
David Fisher	director	39 SOUTH LASALLE STREET, SUITE 220, CHICAGO IL 60605
Julie Howard	director	MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Adam J Gutstein	director	875 N. MICHIGAN AVE. STE 3000 CHICAGO IL 60611
Jack M Greenberg	director	333 WEST WACKER DR, CHICAGO IL 60606
Kirt P Karros	director	12400 HIGH BLUFF DR. SUITE 600, SAN DIEGO CA 92130