Zwipe AS (OSL:ZWIPE) Days Inventory : 4,783.63 (As of Dec. 2023)

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What is Zwipe AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Zwipe AS's Average Total Inventories for the six months ended in Dec. 2023 was kr19.32 Mil. Zwipe AS's Cost of Goods Sold for the six months ended in Dec. 2023 was kr0.74 Mil. Hence, Zwipe AS's Days Inventory for the six months ended in Dec. 2023 was 4,783.63.

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

OSL:ZWIPE' s Days Inventory Range Over the Past 10 Years
Min: 94.79 Med: 589.34 Max: 3184.71
Current: 3045.66

During the past 9 years, Zwipe AS's highest Days Inventory was 3184.71. The lowest was 94.79. And the median was 589.34.

OSL:ZWIPE's Days Inventory is ranked worse than
99.49% of 1561 companies
in the Software industry
Industry Median: 19.5 vs OSL:ZWIPE: 3045.66

Zwipe AS's Days Inventory increased from Dec. 2022 (919.30) to Dec. 2023 (4,783.63). It might indicate that Zwipe AS's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Zwipe AS's Inventory Turnover for the six months ended in Dec. 2023 was 0.04.

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. Zwipe AS's Inventory-to-Revenue for the six months ended in Dec. 2023 was 35.77.

Zwipe AS Days Inventory Historical Data

The historical data trend for Zwipe AS'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.

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Zwipe AS Days Inventory Chart

Zwipe AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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167.89

129.70

589.34

1,059.76

3,184.71

Zwipe AS Semi-Annual Data
	Dec15	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial											627.02	840.64	919.30	1,877.02	4,783.63

Competitive Comparison of Zwipe AS's Days Inventory

For the Software - Infrastructure subindustry, Zwipe AS'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.

Zwipe AS's Days Inventory Distribution in the Software Industry

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

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

Zwipe AS Days Inventory Calculation

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

Zwipe AS'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
=	( (10.153	+	23.858)	/	2 )	/	1.949	*	365
=	17.0055					/	1.949	*	365
=	3,184.71

Zwipe AS'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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (14.778	+	23.858)	/	2 )	/	0.737	*	365 / 2
=	19.318					/	0.737	*	365 / 2
=	4,783.63

Zwipe AS (OSL:ZWIPE) 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.

Zwipe AS's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.737	/	19.318
	=	0.04

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.

Zwipe AS's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	19.318	/	0.54
	=	35.77

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.

Zwipe AS Days Inventory Related Terms

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

Zwipe AS (OSL:ZWIPE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Zwipe AS (OSL:ZWIPE) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

ZWIPE:Sweden 4ZW:Germany

Address

Radhusgata 24, Oslo, NOR, 0151

Website

https://www.zwipe.com

Zwipe AS is pioneering the next-generation contactless payments experience, providing biometric payment cards and wearables that enable consumers to authorize transactions with their fingerprints without compromising their privacy. Together with an ecosystem of partners including global brands within digital security and financial services, Zwipe is making convenience safe & secure for banks, merchants, and consumers. The company's solutions address the hygiene and data theft pitfalls inHerent in traditional authentication methods. Zwipe is the next great shift in payments from contactless to contact-free.

Zwipe AS (OSL:ZWIPE) Headlines

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