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CalAmp (CalAmp) Days Inventory

: 80.85 (As of Nov. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). CalAmp's Average Total Inventories for the three months ended in Nov. 2023 was $31.9 Mil. CalAmp's Cost of Goods Sold for the three months ended in Nov. 2023 was $36.1 Mil. Hence, CalAmp's Days Inventory for the three months ended in Nov. 2023 was 80.85.

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

CAMP' s Days Inventory Range Over the Past 10 Years
Min: 33.33   Med: 42.69   Max: 67.17
Current: 57.84

During the past 13 years, CalAmp's highest Days Inventory was 67.17. The lowest was 33.33. And the median was 42.69.

CAMP's Days Inventory is ranked better than
77.95% of 2404 companies
in the Hardware industry
Industry Median: 104.035 vs CAMP: 57.84

CalAmp's Days Inventory increased from Nov. 2022 (39.05) to Nov. 2023 (80.85). It might indicate that CalAmp's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. CalAmp's Inventory Turnover for the three months ended in Nov. 2023 was 1.13.

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. CalAmp's Inventory-to-Revenue for the three months ended in Nov. 2023 was 0.60.


CalAmp Days Inventory Historical Data

The historical data trend for CalAmp'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.

CalAmp Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 67.17 59.98 55.02 43.99 41.39

CalAmp Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
Days Inventory Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39.05 41.79 50.21 62.76 80.85

Competitive Comparison

For the Communication Equipment subindustry, CalAmp'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.


CalAmp Days Inventory Distribution

For the Hardware industry and Technology sector, CalAmp's Days Inventory distribution charts can be found below:

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



CalAmp Days Inventory Calculation

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

CalAmp's Days Inventory for the fiscal year that ended in Feb. 2023 is calculated as

Days Inventory (A: Feb. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Feb. 2022 ) + Total Inventories (A: Feb. 2023 )) / count ) / Cost of Goods Sold (A: Feb. 2023 )*Days in Period
=( (18.269 + 23.902) / 2 ) / 185.938*365
=21.0855 / 185.938*365
=41.39

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

Days Inventory (Q: Nov. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Aug. 2023 ) + Total Inventories (Q: Nov. 2023 )) / count ) / Cost of Goods Sold (Q: Nov. 2023 )*Days in Period
=( (29.822 + 34.059) / 2 ) / 36.051*365 / 4
=31.9405 / 36.051*365 / 4
=80.85

* 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.


CalAmp  (NAS:CAMP) 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.

CalAmp's Inventory Turnover for the three months ended in Nov. 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.

CalAmp's Inventory to Revenue for the three months ended in Nov. 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.


CalAmp Days Inventory Related Terms

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


CalAmp (CalAmp) Business Description

Traded in Other Exchanges
Address
15635 Alton Parkway, Suite 250, Irvine, CA, USA, 92618
CalAmp Corp provides wireless communications solutions applications to customers. The company's products, software, and application services are sold into a broad array of market verticals, including transportation, government, construction, and automotive to customers in the United States; Latin America; Europe the Middle East, and Africa; Asia-Pacific; and others. Its business activities are organized into its Telematics Systems and Software & Subscription Services. The Telematics Systems segment offers a series of Mobile Resource Management ('MRM') telematics products and applications. The software & Subscription Services segment offers cloud-based application enablement and telematics service platforms.
Executives
Wes Cummins director 4505 LORRAINE AVE, DALLAS TX 75205
Jikun Kim officer: Chief Financial Officer 181 W. HUNTINGTON DRIVE, SUITE 202, MONROVIA CA 91016
Jeffery R Gardner director ONE ALLIED DRIVE, LITTLE ROCK AR 72202
Xiaolian Zhang officer: SVP, CFO (interim) C/O CALAMP CORP., 15635 ALTON PARKWAY, SUITE 250, IRVINE CA 92618
Erik Schulz officer: Chief Acctg Officer (interim) C/O CALAMP CORP., 15635 ALTON PARKWAY, SUITE 250, IRVINE CA 92618
272 Capital Lp director, other: See Remarks 3811 TURTLE CREEK BLVD, SUITE 2100, DALLAS TX 75219
Brennen Carson officer: Chief Revenue Officer C/O CALAMP CORP., 15635 ALTON PARKWAY, SUITE 250, IRVINE CA 92618
Berkel Monica Van officer: Chief People Officer 10420 RESEARCH ROAD, SE, ALBUQUERQUE NM 87123
Richard M. Scott officer: Chief Legal Officer, Secretary C/O CALAMP CORP., 15635 ALTON PARKWAY, SUITE 250, IRVINE CA 92618
Jeffrey P. Clark officer: Chief Product Officer C/O CALAMP CORP., 15635 ALTON PARKWAY, SUITE 250, IRVINE CA 92618
Nathan Lowstuter officer: Chief Supply Chain Officer C/O CALAMP CORP., 15635 ALTON PARKWAY, SUITE 250, IRVINE CA 92618
Kurtis Joseph Binder officer: Executive VP & CFO C/O VIZIO HOLDINGS, INC., 39 TESLA, IRVINE CA 92618
Henry J Maier director 1000 FEDEX DRIVE, MOON TOWNSHIP PA 15108
Kirsten O. Wolberg director 900 NORTH MCCARTHY BLVD, MILPITAS CA 95035
Amal M Johnson director C/O MELLANOX TECHNOLOGIES, INC., 350 OAKMEAD PARKWAY, SUITE 100, SUNNYVALE CA 94085