GURUFOCUS.COM » STOCK LIST » Technology » Software » SecureWorks Corp (NAS:SCWX) » Definitions » Days Inventory

SecureWorks (SecureWorks) Days Inventory : 2.21 (As of Jan. 2024)


View and export this data going back to 2016. Start your Free Trial

What is SecureWorks Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). SecureWorks's Average Total Inventories for the three months ended in Jan. 2024 was $0.7 Mil. SecureWorks's Cost of Goods Sold for the three months ended in Jan. 2024 was $30.7 Mil. Hence, SecureWorks's Days Inventory for the three months ended in Jan. 2024 was 2.21.

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

SCWX' s Days Inventory Range Over the Past 10 Years
Min: 0.88   Med: 1.39   Max: 5.88
Current: 1.75

During the past 12 years, SecureWorks's highest Days Inventory was 5.88. The lowest was 0.88. And the median was 1.39.

SCWX's Days Inventory is ranked better than
82.79% of 1563 companies
in the Software industry
Industry Median: 19.74 vs SCWX: 1.75

SecureWorks's Days Inventory increased from Jan. 2023 (1.28) to Jan. 2024 (2.21). It might indicate that SecureWorks's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. SecureWorks's Inventory Turnover for the three months ended in Jan. 2024 was 41.27.

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. SecureWorks's Inventory-to-Revenue for the three months ended in Jan. 2024 was 0.01.


SecureWorks Days Inventory Historical Data

The historical data trend for SecureWorks'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.

SecureWorks Days Inventory Chart

SecureWorks Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 0.98 0.90 1.07 1.66

SecureWorks Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 1.28 1.38 1.65 2.02 2.21

Competitive Comparison of SecureWorks's Days Inventory

For the Software - Infrastructure subindustry, SecureWorks'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.


SecureWorks's Days Inventory Distribution in the Software Industry

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

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



SecureWorks Days Inventory Calculation

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

SecureWorks's Days Inventory for the fiscal year that ended in Jan. 2024 is calculated as

Days Inventory (A: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jan. 2023 ) + Total Inventories (A: Jan. 2024 )) / count ) / Cost of Goods Sold (A: Jan. 2024 )*Days in Period
=( (0.62 + 0.727) / 2 ) / 148.12*365
=0.6735 / 148.12*365
=1.66

SecureWorks's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

Days Inventory (Q: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Oct. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (0.759 + 0.727) / 2 ) / 30.662*365 / 4
=0.743 / 30.662*365 / 4
=2.21

* 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.


SecureWorks  (NAS:SCWX) 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.

SecureWorks's Inventory Turnover for the three months ended in Jan. 2024 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.

SecureWorks's Inventory to Revenue for the three months ended in Jan. 2024 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.


SecureWorks Days Inventory Related Terms

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


SecureWorks (SecureWorks) Business Description

Traded in Other Exchanges
Address
One Concourse Parkway North East, Suite 500, Atlanta, GA, USA, 30328
SecureWorks Corp is a cybersecurity provider of technology-driven solutions singularly focused on protecting its customers by outpacing and outmaneuvering the adversary. The company offers its customers the following services; software-as-a-service, or SaaS, solutions, managed solutions, and professional services, including incident response and adversarial services. Its solutions enable organizations to fortify their cyber defenses to prevent security breaches, detect malicious activity in real-time, prioritize and respond to security incidents, and predict emerging threats.
Executives
Neil Gagnon 10 percent owner 1370 AVENUE OF THE AMERICAS, 24TH FLOOR, NEW YORK NY 10019
Alpana Wegner officer: Chief Financial Officer C/O BENEFITFOCUS, INC., 100 BENEFITFOCUS WAY, CHARLESTON SC 29492
Stephen Fulton officer: President, Customer Success C/O SECUREWORKS CORP., ONE CONCOURSE PARKWAY NE, SUITE 500, ATLANTA GA 30328
Pamela Daley director C/O PATHEON N.V., HERENGRACHT 483, AMSTERDAM P7 1017 BT
Mark J Hawkins director C/O LOGITECH, INC., 6505 KAISER DRIVE, FREMONT CA 94555
Wendy Thomas director, officer: Chief Executive Officer C/O SECUREWORKS CORP., ONE CONCOURSE PARKWAY NE, SUITE 500, ATLANTA GA 30328
George B Hanna officer: Chief Legal & Admin Officer C/O SECUREWORKS CORP., ONE CONCOURSE PARKWAY NE, SUITE 500, ATLANTA GA 30328
Christian Grant officer: VP, Chief Accounting Officer C/O SECUREWORKS CORP., ONE CONCOURSE PARKWAY NE, SUITE 500, ATLANTA GA 30328
Paul Parrish officer: Chief Financial Officer 705 WESTECH DRIVE, NORCROSS GA 30092
Michael R Cote 10 percent owner 1 CONCOURSE PARKWAY, SUITE 500, ATLANTA GA 30328
Centerview Capital Technology Employee Fund, L.p. 10 percent owner 555 CALIFORNIA STREET, SUITE 3305, SAN FRANCISCO CA 94104
Centerview Capital Technology Ltd. 10 percent owner 64 WILLOW PLACE, SUITE 101, MENLO PARK CA 94025
Centerview Capital Technology Fund Gp (delaware), L.p. 10 percent owner 64 WILLOW PLACE, SUITE 101, MENLO PARK CA 94025
Centerview Capital Technology Fund (delaware), L.p. 10 percent owner 64 WILLOW PLACE, SUITE 101, MENLO PARK CA 94025
Centerview Capital Technology Fund-a (delaware), L.p. 10 percent owner 64 WILLOW PLACE, SUITE 101, MENLO PARK CA 94025