F-Secure (F-Secure) Days Inventory : 0.59 (As of Mar. 2024)

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What is F-Secure Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). F-Secure's Average Total Inventories for the three months ended in Mar. 2024 was $0.0 Mil. F-Secure's Cost of Goods Sold for the three months ended in Mar. 2024 was $5.7 Mil. Hence, F-Secure's Days Inventory for the three months ended in Mar. 2024 was 0.59.

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

FSROF' s Days Inventory Range Over the Past 10 Years
Min: 0.66 Med: 2.59 Max: 4.92
Current: 0.66

During the past 5 years, F-Secure's highest Days Inventory was 4.92. The lowest was 0.66. And the median was 2.59.

FSROF's Days Inventory is ranked better than
90.67% of 1565 companies
in the Software industry
Industry Median: 19.61 vs FSROF: 0.66

F-Secure's Days Inventory declined from Mar. 2023 (2.04) to Mar. 2024 (0.59).

Inventory Turnover measures how fast the company turns over its inventory within a year. F-Secure's Inventory Turnover for the three months ended in Mar. 2024 was 155.18.

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. F-Secure's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.

F-Secure Days Inventory Historical Data

The historical data trend for F-Secure'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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F-Secure Days Inventory Chart

F-Secure Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

4.92

3.90

2.71

1.86

0.85

F-Secure Quarterly Data
	Dec19	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial									2.04	0.89	0.60	0.60	0.59

Competitive Comparison of F-Secure's Days Inventory

For the Software - Infrastructure subindustry, F-Secure'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.

F-Secure's Days Inventory Distribution in the Software Industry

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

* The bar in red indicates where F-Secure's Days Inventory falls into.

F-Secure Days Inventory Calculation

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

F-Secure'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
=	( (0.043	+	0.038)	/	2 )	/	17.475	*	365
=	0.0405					/	17.475	*	365
=	0.85

F-Secure'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
=	( (0.038	+	0.035)	/	2 )	/	5.664	*	365 / 4
=	0.0365					/	5.664	*	365 / 4
=	0.59

F-Secure (OTCPK:FSROF) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	5.664	/	0.0365
	=	155.18

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.0365	/	39.54
	=	0.00

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.

F-Secure Days Inventory Related Terms

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

F-Secure (F-Secure) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » F-Secure Corp (OTCPK:FSROF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

FSECURE:Finland 3I6:Germany

Address

Tammasaarenkatu 7, P.O. Box 24, Helsinki, FIN, 00180

Website

https://www.f-secure.com

F-Secure Corp is engaged in designing and providing a comprehensive range of Cyber-security products and services related to data security, privacy protection as well as privacy protection and digital identity protection of consumer terminal devices, networks, and devices connected to a network, sold in each case either directly or indirectly to consumers. Geographically the company earns a majority of its revenue from Europe followed by the Nordic Countries.

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