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California Style Palms (California Style Palms) Days Inventory : 29.97 (As of Sep. 2006)


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What is California Style Palms Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). California Style Palms's Average Total Inventories for the three months ended in Sep. 2006 was $0.61 Mil. California Style Palms's Cost of Goods Sold for the three months ended in Sep. 2006 was $1.86 Mil. Hence, California Style Palms's Days Inventory for the three months ended in Sep. 2006 was 29.97.

The historical rank and industry rank for California Style Palms's Days Inventory or its related term are showing as below:

CFPI's Days Inventory is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 83.685
* Ranked among companies with meaningful Days Inventory only.

California Style Palms's Days Inventory declined from Sep. 2005 (129.84) to Sep. 2006 (29.97).

Inventory Turnover measures how fast the company turns over its inventory within a year. California Style Palms's Inventory Turnover for the three months ended in Sep. 2006 was 3.05.

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. California Style Palms's Inventory-to-Revenue for the three months ended in Sep. 2006 was 0.17.


California Style Palms Days Inventory Historical Data

The historical data trend for California Style Palms'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.

California Style Palms Days Inventory Chart

California Style Palms Annual Data
Trend Jan97 Jan98 Jan99 Jan00 Jan01 Jan02 Jan03 Mar05
Days Inventory
Get a 7-Day Free Trial 186.97 179.62 173.54 149.02 59.95

California Style Palms Quarterly Data
Jul00 Oct00 Jan01 Apr01 Jul01 Oct01 Jan02 Apr02 Jul02 Oct02 Jan03 Apr03 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06
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 129.84 69.40 35.50 35.43 29.97

Competitive Comparison of California Style Palms's Days Inventory

For the Farm Products subindustry, California Style Palms'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.


California Style Palms's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, California Style Palms's Days Inventory distribution charts can be found below:

* The bar in red indicates where California Style Palms's Days Inventory falls into.



California Style Palms Days Inventory Calculation

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

California Style Palms's Days Inventory for the fiscal year that ended in Mar. 2005 is calculated as

Days Inventory (A: Mar. 2005 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jan. 2003 ) + Total Inventories (A: Mar. 2005 )) / count ) / Cost of Goods Sold (A: Mar. 2005 )*Days in Period
=( (1.203 + 1.544) / 2 ) / 8.362*365
=1.3735 / 8.362*365
=59.95

California Style Palms's Days Inventory for the quarter that ended in Sep. 2006 is calculated as:

Days Inventory (Q: Sep. 2006 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2006 ) + Total Inventories (Q: Sep. 2006 )) / count ) / Cost of Goods Sold (Q: Sep. 2006 )*Days in Period
=( (0.837 + 0.382) / 2 ) / 1.856*365 / 4
=0.6095 / 1.856*365 / 4
=29.97

* 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.


California Style Palms  (OTCPK:CFPI) 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.

California Style Palms's Inventory Turnover for the three months ended in Sep. 2006 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.

California Style Palms's Inventory to Revenue for the three months ended in Sep. 2006 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.


California Style Palms Days Inventory Related Terms

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


California Style Palms (California Style Palms) Business Description

Traded in Other Exchanges
N/A
Address
349 North Renee Street, Orange, CA, USA, 92869-3122
California Style Palms Inc is engaged in selling and installation of decorative palm trees. It owns and operates the assets, with the exception of the real estate, of Gregory Palm Farms, LLC, a fourth-generation farmers company who live to grow its own products. The company owns and operates two farms in California, and have set up central location in Orange, Orange County. It derives revenues primarily from the sale and installation of decorative palm trees.
Executives
Andrew C Schmidt director 1700 CARNEGIE AVE, SUITE 100, SANTA ANA CA 92705

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