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Creative Technology (Creative Technology) Days Inventory : 145.62 (As of Dec. 2023)


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What is Creative Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Creative Technology's Average Total Inventories for the six months ended in Dec. 2023 was $17.70 Mil. Creative Technology's Cost of Goods Sold for the six months ended in Dec. 2023 was $22.18 Mil. Hence, Creative Technology's Days Inventory for the six months ended in Dec. 2023 was 145.62.

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

CREAF' s Days Inventory Range Over the Past 10 Years
Min: 96.83   Med: 146.26   Max: 171.55
Current: 150.73

During the past 13 years, Creative Technology's highest Days Inventory was 171.55. The lowest was 96.83. And the median was 146.26.

CREAF's Days Inventory is ranked worse than
68.43% of 2407 companies
in the Hardware industry
Industry Median: 103.77 vs CREAF: 150.73

Creative Technology's Days Inventory declined from Dec. 2022 (153.27) to Dec. 2023 (145.62).

Inventory Turnover measures how fast the company turns over its inventory within a year. Creative Technology's Inventory Turnover for the six months ended in Dec. 2023 was 1.25.

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. Creative Technology's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.56.


Creative Technology Days Inventory Historical Data

The historical data trend for Creative Technology'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.

Creative Technology Days Inventory Chart

Creative Technology Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 149.31 114.35 95.04 164.88 169.02

Creative Technology Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Days Inventory Get a 7-Day Free Trial 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 141.38 183.22 153.27 160.16 145.62

Competitive Comparison of Creative Technology's Days Inventory

For the Computer Hardware subindustry, Creative Technology'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.


Creative Technology's Days Inventory Distribution in the Hardware Industry

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

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



Creative Technology Days Inventory Calculation

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

Creative Technology's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (20.754 + 18.433) / 2 ) / 42.312*365
=19.5935 / 42.312*365
=169.02

Creative Technology's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (18.433 + 16.959) / 2 ) / 22.177*365 / 2
=17.696 / 22.177*365 / 2
=145.62

* 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.


Creative Technology  (OTCPK:CREAF) 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.

Creative Technology's Inventory Turnover for the six months ended in Dec. 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.

Creative Technology's Inventory to Revenue for the six months ended in Dec. 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.


Creative Technology Days Inventory Related Terms

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


Creative Technology (Creative Technology) Business Description

Traded in Other Exchanges
Address
31 International Business Park, No. 03-01 Creative Labs Pte Ltd, Singapore, SGP, 609921
Creative Technology Ltd operates as a digital entertainment company. The business activity of the company includes designing, manufacturing, and distribution of digitized sound and video boards, computers and related multimedia, and personal digital entertainment products. It offers products such as Amplifiers, sound cards, sound blasters, gaming headsets, speakers, peripherals and other accessories. Geographically, the firm has its business presence across the region of Singapore, United States of America, Asia Pacific, and Europe of which Asia Pacific region accounts for the majority of revenue.

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