Days Inventory is also known as Days Sales of Inventory (DSI). Ondas Holdings's Average Total Inventories for the
three
months ended in Dec. 2023 was $2.38 Mil. Ondas Holdings's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $3.23 Mil.
Hence, Ondas Holdings's Days Inventory for the
three
months ended in Dec. 2023 was 67.27.
The historical rank and industry rank for Ondas Holdings's Days Inventory or its related term are showing as below:
ONDS'
s Days Inventory Range Over the Past 10 Years
Min: 56.15 Med: 233.29 Max: 1792.66
Current: 106.73
During the past 9 years, Ondas Holdings's highest Days Inventory was 1792.66. The lowest was 56.15. And the median was 233.29.
ONDS's Days Inventory is ranked worse than 51.64% of 2407
companies
in the Hardware industry
Industry Median: 102.53
vs ONDS: 106.73
Ondas Holdings's Days Inventory
declined
from Dec. 2022 (783.23) to Dec. 2023 (67.27).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Ondas Holdings's Inventory Turnover for the
three
months ended in Dec. 2023 was 1.36.
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.
Ondas Holdings's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.48.
Ondas Holdings Days Inventory Historical Data
The historical data trend for Ondas Holdings'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.
Competitive Comparison of Ondas Holdings's Days Inventory
For the Communication Equipment subindustry, Ondas Holdings'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.
Ondas Holdings's Days Inventory Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Ondas Holdings's Days Inventory distribution charts can be found below:
* The bar in red indicates where Ondas Holdings's Days Inventory falls into.
Ondas Holdings Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Ondas Holdings's Days Inventory for the fiscal year that ended in Dec. 2023 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.
Ondas Holdings (NAS:ONDS) 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.
Ondas Holdings's Inventory Turnover for the
three
months ended in Dec. 2023 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.
Ondas Holdings's Inventory to Revenue for the
three
months ended in Dec. 2023 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.
Ondas Holdings Days Inventory Related Terms
Thank you for viewing the detailed overview of Ondas Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Ondas Holdings (Ondas Holdings) Business Description
Ondas Holdings Inc designs, develops, manufactures, sells, and supports FullMAX Software Defined Radio (SDR) technology in the United States, Israel, and India. Its FullMAX system of wireless base stations, fixed and mobile remote radios are deployed by customers to create wide-area wireless broadband cellular networks. The company markets and sells its products to companies in the electric utilities, water and wastewater utilities, oil and gas producers, and for other critical infrastructure applications in areas such as homeland security and defense, and transportation.
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