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Days Inventory is also known as Days Sales of Inventory (DSI). Immersion's Average Total Inventories for the three months ended in Jun. 2024 was $362.7 Mil. Immersion's Cost of Goods Sold for the three months ended in Jun. 2024 was $40.8 Mil. Hence, Immersion's Days Inventory for the three months ended in Jun. 2024 was 811.16.
The historical rank and industry rank for Immersion's Days Inventory or its related term are showing as below:
During the past 13 years, Immersion's highest Days Inventory was 3244.64. The lowest was 0.00. And the median was 0.00.
Immersion's Days Inventory increased from Jun. 2023 (0.00) to Jun. 2024 (811.16). It might indicate that Immersion's sales slowed down.
Warning Sign:
If a company builds up inventory, it may mean it is having difficulties selling its goods.
Inventory Turnover measures how fast the company turns over its inventory within a year. Immersion's Inventory Turnover for the three months ended in Jun. 2024 was 0.11.
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. Immersion's Inventory-to-Revenue for the three months ended in Jun. 2024 was 3.65.
The historical data trend for Immersion'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.
Immersion Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Days Inventory | Get a 7-Day Free Trial | - | - | - | - | - |
Immersion Quarterly Data | ||||||||||||||||||||
Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | |
Days Inventory | Get a 7-Day Free Trial | - | - | - | - | 811.16 |
For the Software - Application subindustry, Immersion'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.
For the Software industry and Technology sector, Immersion's Days Inventory distribution charts can be found below:
* The bar in red indicates where Immersion's Days Inventory falls into.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Immersion'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 | + | 0) | / | 1 ) | / | 0 | * | 365 |
= | 0 | / | 0 | * | 365 | ||||
= | N/A |
Immersion's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:
Days Inventory (Q: Jun. 2024 ) | |||||||||
= | Average Total Inventories | / | Cost of Goods Sold | * | Days in Period | ||||
= | ( (Total Inventories (Q: Mar. 2024 ) | + | Total Inventories (Q: Jun. 2024 )) | / | count ) | / | Cost of Goods Sold (Q: Jun. 2024 ) | * | Days in Period |
= | ( (0 | + | 362.742) | / | 1 ) | / | 40.806 | * | 365 / 4 |
= | 362.742 | / | 40.806 | * | 365 / 4 | ||||
= | 811.16 |
* 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.
Immersion (NAS:IMMR) 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.
Immersion's Inventory Turnover for the three months ended in Jun. 2024 is calculated as
Inventory Turnover | = | Cost of Goods Sold | / | Average Total Inventories |
= | 40.806 | / | 362.742 | |
= | 0.11 |
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.
Immersion's Inventory to Revenue for the three months ended in Jun. 2024 is calculated as
Inventory-to-Revenue | = | Average Total Inventories | / | Revenue |
= | 362.742 | / | 99.424 | |
= | 3.65 |
* 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.
Thank you for viewing the detailed overview of Immersion's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
William C Martin | officer: Chief Strategy Officer | C/O RAGING CAPITAL MANAGEMENT, LLC, TEN PRINCETON AVENUE, PO BOX 228, ROCKY HILL NJ 08553 |
Childress Frederick Wasch | director | 330 TOWNSEND STREET, SUITE 234, SAN FRANCISCO CA 94107 |
Eric Singer | 10 percent owner | 323 SUNNY ISLES BLVD., SUITE 700, SUNNY ISLES BEACH FL 33160 |
J Michael Dodson | officer: Chief Financial Officer | 1220 N. SIMON CIRCLE, ANAHEIM CA 92806 |
Elias Nader | director | 1778 MCCARTHY BLVD., C/O SIGMA DESIGNS, INC., MILPITAS CA 95035 |
Aaron Akerman | officer: Chief Financial Officer | C/O IMMERSION CORPORATION, 50 RIO ROBLES, SAN JOSE CA 95134 |
Emily Hoffman | director | 2999 N.E. 191ST STREET, SUITE 610, AVENTURA FL 33180 |
Francis Jose | officer: General Counsel | 385 RIVER OAKS PARKWAY, APT # 2106, SAN JOSE CA 95134 |
Sumit Agarwal | director | C/O IMMERSION CORPORATION, 50 RIO ROBLES, SAN JOSE CA 95134 |
Mary Dotz | director | 280 N BERNARDO AVENUE, MOUNTAIN VIEW CA 94043 |
Jared Smith | officer: Interim CEO/VP Worldwide Sales | C/O IMMERSION CORPORATION, 50 RIO ROBLES, SAN JOSE CA 95134 |
Viex Special Opportunities Fund Ii, Lp | 10 percent owner | C/O VIEX CAPITAL ADVISORS, LLC, 825 THIRD AVENUE, 33RD FLOOR, NEW YORK NY 10022 |
Michael Rudolf Okada | officer: General Counsel | C/O IMMERSION CORPORATION, 50 RIO ROBLES, SAN JOSE CA 95134 |
Viex Opportunities Fund, Lp Series One | 10 percent owner | C/O VIEX CAPITAL ADVISORS, LLC, 825 THIRD AVENUE, 33RD FLOOR, NEW YORK NY 10022 |
Sharon E Holt | director | C/O IMMERSION CORPORATION, 50 RIO ROBLES, SAN JOSE CA 95134 |
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