Calix (ASX:CXL) Days Inventory : 137.82 (As of Dec. 2023)

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What is Calix Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Calix's Average Total Inventories for the six months ended in Dec. 2023 was A$4.76 Mil. Calix's Cost of Goods Sold for the six months ended in Dec. 2023 was A$6.30 Mil. Hence, Calix's Days Inventory for the six months ended in Dec. 2023 was 137.82.

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

ASX:CXL' s Days Inventory Range Over the Past 10 Years
Min: 24.57 Med: 45.48 Max: 125.67
Current: 125.67

During the past 6 years, Calix's highest Days Inventory was 125.67. The lowest was 24.57. And the median was 45.48.

ASX:CXL's Days Inventory is ranked worse than
72.98% of 1495 companies
in the Chemicals industry
Industry Median: 82.92 vs ASX:CXL: 125.67

Calix's Days Inventory increased from Dec. 2022 (105.11) to Dec. 2023 (137.82). It might indicate that Calix'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. Calix's Inventory Turnover for the six months ended in Dec. 2023 was 1.32.

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. Calix's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.34.

Calix Days Inventory Historical Data

The historical data trend for Calix'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.

Calix Days Inventory Chart

Calix Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

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46.29

27.61

44.67

76.61

113.76

Calix Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial								65.70	92.39	105.11	113.28	137.82

Competitive Comparison of Calix's Days Inventory

For the Specialty Chemicals subindustry, Calix'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.

Calix's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Calix's Days Inventory distribution charts can be found below:

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

Calix Days Inventory Calculation

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

Calix'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
=	( (3.397	+	4.334)	/	2 )	/	12.403	*	365
=	3.8655					/	12.403	*	365
=	113.76

Calix's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (4.334	+	5.181)	/	2 )	/	6.3	*	365 / 2
=	4.7575					/	6.3	*	365 / 2
=	137.82

Calix (ASX:CXL) 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.

Calix's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6.3	/	4.7575
	=	1.32

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.

Calix's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4.7575	/	14.096
	=	0.34

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.

Calix Days Inventory Related Terms

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

Calix (ASX:CXL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Calix Ltd (ASX:CXL) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

CLXLF:USA

Address

9-11 Bridge Street, Level 1, Pymble, Sydney, NSW, AUS, 2073

Website

https://www.calix.global

Calix Ltd Australian technology company. It has developed a patent-protected, platform technology that produces new materials and processes, targeted at solving global challenges in water and wastewater treatment, sustainable food Biotech, CO2 mitigation, and advanced battery development. Its core technology platform includes the Calix Flash Calciner (CFC). It has operations in Australia, New Zealand, Asia, Europe, and the United States of America.

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