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Capstone Turbine Corp (NAS:CPST)
Days Inventory
85.01 (As of Jun. 2016)

Capstone Turbine Corp's average inventory for the three months ended in Jun. 2016 was $14.97 Mil. Capstone Turbine Corp's cost of goods sold for the three months ended in Jun. 2016 was $16.07 Mil. Hence, Capstone Turbine Corp's days inventory for the three months ended in Jun. 2016 was 85.01.

CPST' s Days Inventory Range Over the Past 10 Years
Min: 59.98   Max: 237.04
Current: 113.79

59.98
237.04

During the past 13 years, Capstone Turbine Corp's highest Days Inventory was 237.04. The lowest was 59.98. And the median was 92.48.

CPST's Days Inventory is ranked lower than
58% of the 1714 Companies
in the Global Diversified Industrials industry.

( Industry Median: 98.17 vs. CPST: 113.79 )

Capstone Turbine Corp's days inventory declined from Jun. 2015 (96.70) to Jun. 2016 (85.01).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

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 Jun. 2016 was 71.64.

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 Jun. 2016 was 1.07.

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 Jun. 2016 was 0.79.


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. 2016 is calculated as

Days Inventory (A: Mar. 2016 )
=Average Inventory / COGS*Days in Period
=( (Inventory (A: Mar. 2015 ) + Inventory (A: Mar. 2016 )) / 2 ) / COGS (A: Mar. 2016 )*Days in Period
=( (23.097 + 16.126) / 2 ) / 72.444*365
=19.6115 / 72.444*365
=98.81

Capstone Turbine Corp's Days Inventory for the quarter that ended in Jun. 2016 is calculated as:

Days Inventory (Q: Jun. 2016 )
=Average Inventory / COGS*Days in Period
=( (Inventory (Q: Mar. 2016 ) + Inventory (Q: Jun. 2016 )) / 2 ) / COGS (Q: Jun. 2016 )*Days in Period
=( (16.126 + 13.809) / 2 ) / 16.066*365 / 4
=14.9675 / 16.066*365 / 4
=85.01

* 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 Jun. 2016 is calculated as

Days Sales of Inventory (DSI)=Average Inventory/Revenue*Days in Period
=14.9675/19.065*365 / 4
=71.64

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 Jun. 2016 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 Jun. 2016 is calculated as

Inventory to Revenue=Average Inventory / Revenue
=14.9675 / 19.065
=0.79

* 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

Mar07Mar08Mar09Mar10Mar11Mar12Mar13Mar14Mar15Mar16
DaysInventory 237.04185.88143.89114.7886.1566.9860.3059.9877.3798.81

Capstone Turbine Corp Quarterly Data

Mar14Jun14Sep14Dec14Mar15Jun15Sep15Dec15Mar16Jun16
DaysInventory 60.5393.0670.1183.7683.1196.70150.91128.7499.4985.01
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