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Capstone Turbine Corp (NAS:CPST)
Days Inventory
83.11 (As of Mar. 2015)

Capstone Turbine Corp's average inventory for the three months ended in Mar. 2015 was $24.0 Mil. Capstone Turbine Corp's cost of goods sold for the three months ended in Mar. 2015 was $26.3 Mil. Hence, Capstone Turbine Corp's days inventory for the three months ended in Mar. 2015 was 83.11.

Capstone Turbine Corp's days inventory increased from Mar. 2014 (60.53) to Mar. 2015 (83.11). It might indicate that Capstone Turbine Corp's sales slowed down.

Inventory can be measured by Days Sales of Inventory (DSI). Capstone Turbine Corp's days sales of inventory (DSI) for the three months ended in Mar. 2015 was 73.31.

Inventory turnover measures how fast the company turns over its inventory within a year. Capstone Turbine Corp's inventory turnover for the three months ended in Mar. 2015 was 1.10.

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. Capstone Turbine Corp's inventory to revenue ratio for the three months ended in Mar. 2015 was 0.80.


Definition

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

Capstone Turbine Corp's Days Inventory for the fiscal year that ended in Mar. 2015 is calculated as

Days Inventory (A: Mar. 2015 )
=Average Inventory / COGS*Days in Period
=( (Inventory (A: Mar. 2014 ) + Inventory (A: Mar. 2015 )) / 2 ) / COGS (A: Mar. 2015 )*Days in Period
=( (18.102 + 23.097) / 2 ) / 97.174*365
=20.5995 / 97.174*365
=77.37

Capstone Turbine Corp's Days Inventory for the quarter that ended in Mar. 2015 is calculated as:

Days Inventory (Q: Mar. 2015 )
=Average Inventory / COGS*Days in Period
=( (Inventory (Q: Dec. 2014 ) + Inventory (Q: Mar. 2015 )) / 2 ) / COGS (Q: Mar. 2015 )*Days in Period
=( (24.896 + 23.097) / 2 ) / 26.347*365 / 4
=23.9965 / 26.347*365 / 4
=83.11

* 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).

Capstone Turbine Corp's Days Sales of Inventory for the three months ended in Mar. 2015 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=23.9965/29.869*365 / 4
=73.31

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

Capstone Turbine Corp's Inventory Turnover for the three months ended in Mar. 2015 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.

Capstone Turbine Corp's Inventory to Revenue for the three months ended in Mar. 2015 is calculated as

Inventory to Revenue=Average Inventory / Revenue
=23.9965 / 29.869
=0.80

* 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.

Capstone Turbine Corp Annual Data

Mar06Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15
DaysInventory 125.76237.04185.88143.89114.7886.1566.9860.3059.9877.37

Capstone Turbine Corp Quarterly Data

Dec12Mar13Jun13Sep13Dec13Mar14Jun14Sep14Dec14Mar15
DaysInventory 62.7157.7996.3170.1766.0060.5393.0670.1183.7683.11
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