CI Games SE (WAR:CIG) Days Inventory : 8.98 (As of Mar. 2024)

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What is CI Games SE Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). CI Games SE's Average Total Inventories for the three months ended in Mar. 2024 was zł1.5 Mil. CI Games SE's Cost of Goods Sold for the three months ended in Mar. 2024 was zł14.7 Mil. Hence, CI Games SE's Days Inventory for the three months ended in Mar. 2024 was 8.98.

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

WAR:CIG' s Days Inventory Range Over the Past 10 Years
Min: 4.49 Med: 34.31 Max: 81.04
Current: 8.71

During the past 13 years, CI Games SE's highest Days Inventory was 81.04. The lowest was 4.49. And the median was 34.31.

WAR:CIG's Days Inventory is ranked better than
60.92% of 238 companies
in the Interactive Media industry
Industry Median: 17.565 vs WAR:CIG: 8.71

CI Games SE's Days Inventory declined from Mar. 2023 (33.59) to Mar. 2024 (8.98).

Inventory Turnover measures how fast the company turns over its inventory within a year. CI Games SE's Inventory Turnover for the three months ended in Mar. 2024 was 10.16.

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. CI Games SE's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.07.

CI Games SE Days Inventory Historical Data

The historical data trend for CI Games SE'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.

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CI Games SE Days Inventory Chart

CI Games SE Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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36.52

32.10

19.31

43.31

4.49

CI Games SE Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															33.59	21.48	24.64	5.85	8.98

Competitive Comparison of CI Games SE's Days Inventory

For the Electronic Gaming & Multimedia subindustry, CI Games SE'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.

CI Games SE's Days Inventory Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, CI Games SE's Days Inventory distribution charts can be found below:

* The bar in red indicates where CI Games SE's Days Inventory falls into.

CI Games SE Days Inventory Calculation

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

CI Games SE's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (1.171	+	1.502)	/	2 )	/	108.558	*	365
=	1.3365					/	108.558	*	365
=	4.49

CI Games SE's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (1.502	+	1.4)	/	2 )	/	14.738	*	365 / 4
=	1.451					/	14.738	*	365 / 4
=	8.98

CI Games SE (WAR:CIG) 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.

CI Games SE's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	14.738	/	1.451
	=	10.16

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.

CI Games SE's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.451	/	21.816
	=	0.07

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.

CI Games SE Days Inventory Related Terms

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

CI Games SE (WAR:CIG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » CI Games SE (WAR:CIG) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

CI7:Germany

Address

Rondo Daszy?skiego 2B, Warszawa, POL, 00-843

Website

https://www.cigames.com

CI Games SE is engaged in developing, producing, publishing, and distributing computer games. The company offers various games including Sniper Ghost Warrior, Alien Fear, Dogfight 1942, Farm Frenzy and Enemy Front among others.