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CD International Enterprises Inc (OTCPK:CDII)
Days Inventory
0.70 (As of Sep. 2014)

CD International Enterprises Inc's average inventory for the six months ended in Sep. 2014 was $0.00 Mil. CD International Enterprises Inc's cost of goods sold for the six months ended in Sep. 2014 was $1.04 Mil. Hence, CD International Enterprises Inc's days inventory for the six months ended in Sep. 2014 was 0.35.

CD International Enterprises Inc's days inventory increased from Mar. 2014 (0.00) to Sep. 2014 (0.70). It might indicate that CD International Enterprises Inc's sales slowed down.

Inventory can be measured by Days Sales of Inventory (DSI). CD International Enterprises Inc's days sales of inventory (DSI) for the six months ended in Sep. 2014 was 0.21.

Inventory turnover measures how fast the company turns over its inventory within a year. CD International Enterprises Inc's inventory turnover for the six months ended in Sep. 2014 was 518.50.

Inventory to revenue ratio 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. CD International Enterprises Inc's inventory to revenue ratio for the six months ended in Sep. 2014 was 0.00.


Definition

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

CD International Enterprises Inc's Days Inventory for the fiscal year that ended in Sep. 2014 is calculated as

Days Inventory (A: Sep. 2014 )
=Average Inventory / COGS*Days in Period
=( (Inventory (A: Sep. 2013 ) + Inventory (A: Sep. 2014 )) / 2 ) / COGS (A: Sep. 2014 )*Days in Period
=( (0 + 0.004) / 2 ) / 1.037*365
=0.002 / 1.037*365
=0.70

CD International Enterprises Inc's Days Inventory for the quarter that ended in Sep. 2014 is calculated as:

Days Inventory (Q: Sep. 2014 )
=Average Inventory / COGS*Days in Period
=( (Inventory (Q: Jun. 2014 ) + Inventory (Q: Sep. 2014 )) / 2 ) / COGS (Q: Sep. 2014 )*Days in Period
=( (0 + 0.004) / 2 ) / 1.037*365 / 2
=0.002 / 1.037*365 / 2
=0.35

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

An increase of Days Inventory may indicate the company's sales slowed.

1. Inventory can be measured by Days Sales of Inventory (DSI).

CD International Enterprises Inc's Days Sales of Inventory for the six months ended in Sep. 2014 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=0.002/1.715*365 / 2
=0.21

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

CD International Enterprises Inc's Inventory Turnover for the six months ended in Sep. 2014 is calculated as

3. 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.

CD International Enterprises Inc's Inventory to Revenue for the six months ended in Sep. 2014 is calculated as

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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.


Related Terms

Cost of Goods Sold, Inventory, Revenue, Inventory Turnover, Inventory to Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

CD International Enterprises Inc Annual Data

Dec04Dec05Dec06Dec07Dec08Sep10Sep11Sep12Sep13Sep14
DaysInventory 0.00144.3480.1213.1512.2025.8217.3427.20531.800.70

CD International Enterprises Inc Semi-Annual Data

Sep10Sep11Sep12Mar13Jun13Sep13Dec13Mar14Jun14Sep14
DaysInventory 25.8217.3427.2011.200.000.000.000.000.000.70
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