Squirrel Media (XMAD:SQRL) Days Inventory : 9.26 (As of Jun. 2023)

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What is Squirrel Media Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Squirrel Media's Average Total Inventories for the six months ended in Jun. 2023 was €1.89 Mil. Squirrel Media's Cost of Goods Sold for the six months ended in Jun. 2023 was €37.28 Mil. Hence, Squirrel Media's Days Inventory for the six months ended in Jun. 2023 was 9.26.

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

XMAD:SQRL' s Days Inventory Range Over the Past 10 Years
Min: 2.69 Med: 56.42 Max: 256.06
Current: 7.68

During the past 13 years, Squirrel Media's highest Days Inventory was 256.06. The lowest was 2.69. And the median was 56.42.

XMAD:SQRL's Days Inventory is ranked better than
65.43% of 1562 companies
in the Software industry
Industry Median: 19.44 vs XMAD:SQRL: 7.68

Squirrel Media's Days Inventory increased from Jun. 2022 (3.33) to Jun. 2023 (9.26). It might indicate that Squirrel Media's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Squirrel Media's Inventory Turnover for the six months ended in Jun. 2023 was 19.71.

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. Squirrel Media's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.04.

Squirrel Media Days Inventory Historical Data

The historical data trend for Squirrel Media'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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Squirrel Media Days Inventory Chart

Squirrel Media Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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2.78

79.51

26.32

3.18

2.69

Squirrel Media Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Inventory	Get a 7-Day Free Trial															21.80	23.53	3.33	2.78	9.26

Competitive Comparison of Squirrel Media's Days Inventory

For the Information Technology Services subindustry, Squirrel Media'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.

Squirrel Media's Days Inventory Distribution in the Software Industry

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

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

Squirrel Media Days Inventory Calculation

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

Squirrel Media's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0.498	+	0.4)	/	2 )	/	60.816	*	365
=	0.449					/	60.816	*	365
=	2.69

Squirrel Media's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (0.4	+	3.383)	/	2 )	/	37.278	*	365 / 2
=	1.8915					/	37.278	*	365 / 2
=	9.26

Squirrel Media (XMAD:SQRL) 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.

Squirrel Media's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	37.278	/	1.8915
	=	19.71

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.

Squirrel Media's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.8915	/	50.434
	=	0.04

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.

Squirrel Media Days Inventory Related Terms

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

Squirrel Media (XMAD:SQRL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Squirrel Media SA (XMAD:SQRL) » Definitions » Days Inventory

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Traded in Other Exchanges

0I10:UK

Address

Calle Agastia, 80, Madrid, ESP, 28043

Website

https://www.squirrelmedia.co.za

Squirrel Media SAis a website designing and hosting company and offers a range of great hosting and web-design packages to suit any home or business.

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