Days Inventory is also known as Days Sales of Inventory (DSI). Spire Global's Average Total Inventories for the
three
months ended in Mar. 2024 was $0.0 Mil. Spire Global's Cost of Goods Sold for the
three
months ended in Mar. 2024 was $12.5 Mil.
Hence, Spire Global's Days Inventory for the
three
months ended in Mar. 2024 was 0.00.
The historical rank and industry rank for Spire Global's Days Inventory or its related term are showing as below:
SPIR's Days Inventory is not ranked *
in the Business Services industry.
Industry Median: 29.735 * Ranked among companies with meaningful Days Inventory only.
Spire Global's Days Inventory
stayed the same
from Mar. 2023 (0.00) to Mar. 2024 (0.00).
Inventory Turnover measures how fast the company turns over its inventory within a year.
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.
Spire Global's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.00.
Spire Global Days Inventory Historical Data
The historical data trend for Spire Global'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 Spire Global's Days Inventory
For the Specialty Business Services subindustry, Spire Global'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.
Spire Global's Days Inventory Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Spire Global's Days Inventory distribution charts can be found below:
* The bar in red indicates where Spire Global's Days Inventory falls into.
Spire Global Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Spire Global'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.
Spire Global (NYSE:SPIR) 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.
Spire Global's Inventory Turnover for the
three
months ended in Mar. 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.
Spire Global's Inventory to Revenue for the
three
months ended in Mar. 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.
Spire Global Days Inventory Related Terms
Thank you for viewing the detailed overview of Spire Global's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Spire Global Inc is a provider of space-based data, analytics, and Space Services, offering datasets and powerful insights about Earth from the ultimate vantage point of space so that organizations can make decisions with confidence, accuracy, and speed. The Company generates revenue from four solutions: Maritime, Aviation, Weather, and Space Services. It offers the following three data solutions to customers; Maritime-precise space-based data used for accurate ship monitoring, ship safety, and route optimization, Aviation-precise space-based data used for accurate aircraft monitoring, aircraft safety, and route optimization, and Weather-precise space-based data used for accurate weather forecasting.
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