Days Inventory is also known as Days Sales of Inventory (DSI). Cadre Holdings's Average Total Inventories for the
three
months ended in Dec. 2023 was $81.8 Mil. Cadre Holdings's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $74.8 Mil.
Hence, Cadre Holdings's Days Inventory for the
three
months ended in Dec. 2023 was 99.71.
The historical rank and industry rank for Cadre Holdings's Days Inventory or its related term are showing as below:
CDRE'
s Days Inventory Range Over the Past 10 Years
Min: 82.55 Med: 88.83 Max: 101.78
Current: 101.78
During the past 5 years, Cadre Holdings's highest Days Inventory was 101.78. The lowest was 82.55. And the median was 88.83.
CDRE's Days Inventory is ranked better than 63.54% of 288
companies
in the Aerospace & Defense industry
Industry Median: 138.905
vs CDRE: 101.78
Cadre Holdings's Days Inventory
increased
from Dec. 2022 (90.82) to Dec. 2023 (99.71).
It might indicate that Cadre Holdings's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Cadre Holdings's Inventory Turnover for the
three
months ended in Dec. 2023 was 0.92.
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.
Cadre Holdings's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.66.
Cadre Holdings Days Inventory Historical Data
The historical data trend for Cadre Holdings'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.
Competitive Comparison of Cadre Holdings's Days Inventory
For the Aerospace & Defense subindustry, Cadre Holdings'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.
Cadre Holdings's Days Inventory Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Cadre Holdings's Days Inventory distribution charts can be found below:
* The bar in red indicates where Cadre Holdings's Days Inventory falls into.
Cadre Holdings Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Cadre Holdings's Days Inventory for the fiscal year that ended in Dec. 2023 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.
Cadre Holdings (NYSE:CDRE) 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.
Cadre Holdings's Inventory Turnover for the
three
months ended in Dec. 2023 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.
Cadre Holdings's Inventory to Revenue for the
three
months ended in Dec. 2023 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.
Cadre Holdings Days Inventory Related Terms
Thank you for viewing the detailed overview of Cadre Holdings's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Cadre Holdings (Cadre Holdings) Business Description
Cadre Holdings Inc is engaged in the design and manufacture of a diversified product portfolio of critical safety and survivability equipment to protect first responders, federal agencies, outdoor recreation, and personal protection markets. The Company's equipment provides critical protection to allow its users to safely and securely perform their duties and protect those around them in hazardous or life-threatening situations. Its operations are comprised of two reportable segments: Products and Distribution.
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