GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Carbon Revolution PLC (NAS:CREV) » Definitions » Days Inventory

Carbon Revolution (Carbon Revolution) Days Inventory : 133.09 (As of Jun. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Carbon Revolution Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Carbon Revolution's Average Total Inventories for the six months ended in Jun. 2023 was $14.44 Mil. Carbon Revolution's Cost of Goods Sold for the six months ended in Jun. 2023 was $19.80 Mil. Hence, Carbon Revolution's Days Inventory for the six months ended in Jun. 2023 was 133.09.

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

CREV' s Days Inventory Range Over the Past 10 Years
Min: 126.89   Med: 143.39   Max: 160.5
Current: 141.31

During the past 4 years, Carbon Revolution's highest Days Inventory was 160.50. The lowest was 126.89. And the median was 143.39.

CREV's Days Inventory is ranked worse than
81.45% of 1256 companies
in the Vehicles & Parts industry
Industry Median: 81.39 vs CREV: 141.31

Carbon Revolution's Days Inventory increased from Jun. 2022 (114.81) to Jun. 2023 (133.09). It might indicate that Carbon Revolution's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Carbon Revolution's Inventory Turnover for the six months ended in Jun. 2023 was 1.37.

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. Carbon Revolution's Inventory-to-Revenue for the six months ended in Jun. 2023 was 1.06.


Carbon Revolution Days Inventory Historical Data

The historical data trend for Carbon Revolution'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.

Carbon Revolution Days Inventory Chart

Carbon Revolution Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Days Inventory
- 160.50 126.89 143.39

Carbon Revolution Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23
Days Inventory - 139.65 114.81 148.91 133.09

Competitive Comparison of Carbon Revolution's Days Inventory

For the Auto Parts subindustry, Carbon Revolution'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.


Carbon Revolution's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Carbon Revolution's Days Inventory distribution charts can be found below:

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



Carbon Revolution Days Inventory Calculation

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

Carbon Revolution'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
=( (14.17 + 14.881) / 2 ) / 36.976*365
=14.5255 / 36.976*365
=143.39

Carbon Revolution's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (14.004 + 14.881) / 2 ) / 19.804*365 / 2
=14.4425 / 19.804*365 / 2
=133.09

* 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.


Carbon Revolution  (NAS:CREV) 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.

Carbon Revolution's Inventory Turnover for the six months ended in Jun. 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.

Carbon Revolution's Inventory to Revenue for the six months ended in Jun. 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.


Carbon Revolution Days Inventory Related Terms

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


Carbon Revolution (Carbon Revolution) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Ten Earlsfort Terrace, Dublin 2, IRL, D02 T380
Carbon Revolution PLC is an Australian-based technology company manufacturing carbon fiber wheels. It is an OEM supplier and a world-wide manufacturer of lightweight technology carbon fibre wheels to the automotive industry. The Company supplies wheels to OEMs across the globe for luxury and high-performance vehicles and SUVs, and is developing wheels for electric vehicles under contract for its OEM customers. The company generates maximum revenue Internationally.

Carbon Revolution (Carbon Revolution) Headlines

From GuruFocus