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Cobham (Cobham) Days Inventory : 69.12 (As of Jun. 2019)


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What is Cobham Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Cobham's Average Total Inventories for the six months ended in Jun. 2019 was $357 Mil. Cobham's Cost of Goods Sold for the six months ended in Jun. 2019 was $943 Mil. Hence, Cobham's Days Inventory for the six months ended in Jun. 2019 was 69.12.

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

CBHMY's Days Inventory is not ranked *
in the Aerospace & Defense industry.
Industry Median: 138.735
* Ranked among companies with meaningful Days Inventory only.

Cobham's Days Inventory increased from Jun. 2018 (68.08) to Jun. 2019 (69.12). It might indicate that Cobham's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cobham's Inventory Turnover for the six months ended in Jun. 2019 was 2.64.

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. Cobham's Inventory-to-Revenue for the six months ended in Jun. 2019 was 0.27.


Cobham Days Inventory Historical Data

The historical data trend for Cobham'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.

Cobham Days Inventory Chart

Cobham Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 107.57 111.38 90.37 63.33 64.61

Cobham Semi-Annual Data
Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19
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 85.51 78.66 68.08 62.33 69.12

Competitive Comparison of Cobham's Days Inventory

For the Aerospace & Defense subindustry, Cobham'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.


Cobham's Days Inventory Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Cobham's Days Inventory distribution charts can be found below:

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



Cobham Days Inventory Calculation

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

Cobham's Days Inventory for the fiscal year that ended in Dec. 2018 is calculated as

Days Inventory (A: Dec. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2017 ) + Total Inventories (A: Dec. 2018 )) / count ) / Cost of Goods Sold (A: Dec. 2018 )*Days in Period
=( (340.751 + 349.367) / 2 ) / 1949.241*365
=345.059 / 1949.241*365
=64.61

Cobham's Days Inventory for the quarter that ended in Jun. 2019 is calculated as:

Days Inventory (Q: Jun. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2018 ) + Total Inventories (Q: Jun. 2019 )) / count ) / Cost of Goods Sold (Q: Jun. 2019 )*Days in Period
=( (349.367 + 365.019) / 2 ) / 943.093*365 / 2
=357.193 / 943.093*365 / 2
=69.12

* 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.


Cobham  (OTCPK:CBHMY) 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.

Cobham's Inventory Turnover for the six months ended in Jun. 2019 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.

Cobham's Inventory to Revenue for the six months ended in Jun. 2019 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.


Cobham Days Inventory Related Terms

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


Cobham (Cobham) Business Description

Traded in Other Exchanges
N/A
Address
Brook Road, Wimborne, Dorset, GBR, BH21 2BJ
Cobham offers a wide range of technologies and services focused on small niches across the commercial, defence, and security markets. It has market positions in air-to-air refuelling, aviation services, wireless, audio, video, and data communications, including satellite communications, defence electronics, life support, and mission equipment. In 2016, Cobham generated GBP 1.9 billion in revenue.

Cobham (Cobham) Headlines