Identiv (FRA:INVN) Days Inventory : 184.68 (As of Mar. 2024)

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What is Identiv Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Identiv's Average Total Inventories for the three months ended in Mar. 2024 was €26.3 Mil. Identiv's Cost of Goods Sold for the three months ended in Mar. 2024 was €13.0 Mil. Hence, Identiv's Days Inventory for the three months ended in Mar. 2024 was 184.68.

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

FRA:INVN' s Days Inventory Range Over the Past 10 Years
Min: 69.68 Med: 115.81 Max: 151.33
Current: 151.33

During the past 13 years, Identiv's highest Days Inventory was 151.33. The lowest was 69.68. And the median was 115.81.

FRA:INVN's Days Inventory is ranked worse than
69.07% of 2409 companies
in the Hardware industry
Industry Median: 102.05 vs FRA:INVN: 151.33

Identiv's Days Inventory increased from Mar. 2023 (162.75) to Mar. 2024 (184.68). It might indicate that Identiv's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Identiv's Inventory Turnover for the three months ended in Mar. 2024 was 0.49.

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. Identiv's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.27.

Identiv Days Inventory Historical Data

The historical data trend for Identiv'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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Identiv Days Inventory Chart

Identiv Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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114.14

130.17

106.09

120.79

143.90

Identiv Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															162.75	151.38	137.64	142.48	184.68

Competitive Comparison of Identiv's Days Inventory

For the Computer Hardware subindustry, Identiv'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.

Identiv's Days Inventory Distribution in the Hardware Industry

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

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

Identiv Days Inventory Calculation

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

Identiv'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
=	( (27.336	+	26.329)	/	2 )	/	68.059	*	365
=	26.8325					/	68.059	*	365
=	143.90

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

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (26.329	+	26.183)	/	2 )	/	12.973	*	365 / 4
=	26.256					/	12.973	*	365 / 4
=	184.68

Identiv (FRA:INVN) 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.

Identiv's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	12.973	/	26.256
	=	0.49

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.

Identiv's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	26.256	/	20.694
	=	1.27

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.

Identiv Days Inventory Related Terms

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

Identiv (FRA:INVN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Identiv Inc (FRA:INVN) » Definitions » Days Inventory

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Traded in Other Exchanges

INVE:USA

Address

2201 Walnut Avenue, Suite 100, Fremont, CA, USA, 94538

Website

https://www.identiv.com

Identiv Inc is a security technology company. It secures and manages access to physical places, things, and information. The company has two reportable segments namely the Premises segment which includes solutions to address the premises security market for government and enterprise, including access control, video surveillance, analytics, customer experience, and other applications. Its Identity segment includes products and solutions enabling secure access to information serving the logical access and cyber security market and protecting assets and objects in the IoT with RFID. Geographically, it generates maximum revenue from the Americas and also has a presence in Europe and the Middle East and Asia-Pacific. The company derives the majority of revenue from the Identity segment.