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Sangoma Technologies (TSX:STC) Days Inventory : 83.80 (As of Mar. 2024)


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What is Sangoma Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sangoma Technologies's Average Total Inventories for the three months ended in Mar. 2024 was C$22.4 Mil. Sangoma Technologies's Cost of Goods Sold for the three months ended in Mar. 2024 was C$24.4 Mil. Hence, Sangoma Technologies's Days Inventory for the three months ended in Mar. 2024 was 83.80.

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

TSX:STC' s Days Inventory Range Over the Past 10 Years
Min: 75.63   Med: 95.22   Max: 225.5
Current: 83.84

During the past 13 years, Sangoma Technologies's highest Days Inventory was 225.50. The lowest was 75.63. And the median was 95.22.

TSX:STC's Days Inventory is ranked worse than
76.49% of 1561 companies
in the Software industry
Industry Median: 19.5 vs TSX:STC: 83.84

Sangoma Technologies's Days Inventory declined from Mar. 2023 (94.06) to Mar. 2024 (83.80).

Inventory Turnover measures how fast the company turns over its inventory within a year. Sangoma Technologies's Inventory Turnover for the three months ended in Mar. 2024 was 1.09.

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. Sangoma Technologies's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.27.


Sangoma Technologies Days Inventory Historical Data

The historical data trend for Sangoma Technologies'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.

Sangoma Technologies Days Inventory Chart

Sangoma Technologies Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.63 94.22 96.21 77.66 79.56

Sangoma Technologies 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 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 94.06 79.12 85.33 87.73 83.80

Competitive Comparison of Sangoma Technologies's Days Inventory

For the Software - Infrastructure subindustry, Sangoma Technologies'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.


Sangoma Technologies's Days Inventory Distribution in the Software Industry

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

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



Sangoma Technologies Days Inventory Calculation

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

Sangoma Technologies's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (22.312 + 23.875) / 2 ) / 105.941*365
=23.0935 / 105.941*365
=79.56

Sangoma Technologies'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
=( (22.974 + 21.894) / 2 ) / 24.427*365 / 4
=22.434 / 24.427*365 / 4
=83.80

* 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.


Sangoma Technologies  (TSX:STC) 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.

Sangoma Technologies'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.

Sangoma Technologies'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.


Sangoma Technologies Days Inventory Related Terms

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


Sangoma Technologies (TSX:STC) Business Description

Traded in Other Exchanges
Address
100 Renfrew Drive, Suite 100, Markham, ON, CAN, L3R 9R6
Sangoma Technologies Corp is a provider of hardware and software components that enable Internet protocol communications systems for both telecom and datacom applications. It is engaged in the development, manufacturing, distribution, and support of voice and data connectivity components for software-based communication applications. Its product includes Cloud Services, Video Conferencing, Carrier Services, Business Phone Systems, Phones & Devices, and Network Connectivity. The company sells into three major geographic centers: the United States of America, which is the key revenue driver, Canada, and other foreign countries.
Executives
Nenad Corbic Senior Officer
Jamie Minner Senior Officer
Samantha Reburn Senior Officer
Lawrence A. Stock Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)