The historical rank and industry rank for Coda Octopus Group's Days Inventory or its related term are showing as below:
CODA'
s Days Inventory Range Over the Past 10 Years
Min: 137.55 Med: 229.93 Max: 729.8
Current: 729.8
During the past 13 years, Coda Octopus Group's highest Days Inventory was 729.80. The lowest was 137.55. And the median was 229.93.
CODA's Days Inventory is ranked worse than 97.22% of 288
companies
in the Aerospace & Defense industry
Industry Median: 139.24
vs CODA: 729.80
Coda Octopus Group's Days Inventory
increased
from Jan. 2023 (524.92) to Jan. 2024 (812.05).
It might indicate that Coda Octopus Group's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Coda Octopus Group's Inventory Turnover for the
three
months ended in Jan. 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.
Coda Octopus Group's Inventory-to-Revenue for the
three
months ended in Jan. 2024 was 2.74.
Coda Octopus Group Days Inventory Historical Data
The historical data trend for Coda Octopus Group'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 Coda Octopus Group's Days Inventory
For the Aerospace & Defense subindustry, Coda Octopus Group'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.
Coda Octopus Group's Days Inventory Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Coda Octopus Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where Coda Octopus Group's Days Inventory falls into.
Coda Octopus Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Coda Octopus Group's Days Inventory for the fiscal year that ended in Oct. 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.
Coda Octopus Group (NAS:CODA) 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.
Coda Octopus Group's Inventory Turnover for the
three
months ended in Jan. 2024 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.
Coda Octopus Group's Inventory to Revenue for the
three
months ended in Jan. 2024 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.
Coda Octopus Group Days Inventory Related Terms
Thank you for viewing the detailed overview of Coda Octopus Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Coda Octopus Group (Coda Octopus Group) Business Description
Coda Octopus Group Inc develops underwater technologies and equipment for imaging, mapping defense, and survey applications. It operates in two segments: Marine Technology Business and Marine Engineering Business. The Technology Business develops proprietary solutions for both the commercial and defense subsea market. Its solutions include hardware and software for Geophysical Systems, Motion & Positioning Systems, and Real-Time Volumetric Imaging Sonar. The Engineering Business segment provides engineering services to a range of clients in the defense markets. Its geographical segments are the Americas, Europe, Australia/Asia, and the Middle East/Africa. The majority of revenue is derived from the Marine Technology Business segment.
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