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Cadeler AS (CHIX:CADLRO) Days Inventory : 3.08 (As of Dec. 2023)


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What is Cadeler AS Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Cadeler AS's Average Total Inventories for the three months ended in Dec. 2023 was kr13 Mil. Cadeler AS's Cost of Goods Sold for the three months ended in Dec. 2023 was kr398 Mil. Hence, Cadeler AS's Days Inventory for the three months ended in Dec. 2023 was 3.08.

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

CHIX:CADLRo' s Days Inventory Range Over the Past 10 Years
Min: 2.23   Med: 4.02   Max: 7.12
Current: 5.73

During the past 7 years, Cadeler AS's highest Days Inventory was 7.12. The lowest was 2.23. And the median was 4.02.

CHIX:CADLRo's Days Inventory is ranked better than
84.59% of 1395 companies
in the Construction industry
Industry Median: 49.2 vs CHIX:CADLRo: 5.73

Cadeler AS's Days Inventory increased from Dec. 2021 (1.67) to Dec. 2023 (3.08). It might indicate that Cadeler AS's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cadeler AS's Inventory Turnover for the three months ended in Dec. 2023 was 29.63.

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. Cadeler AS's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.03.


Cadeler AS Days Inventory Historical Data

The historical data trend for Cadeler AS'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.

Cadeler AS Days Inventory Chart

Cadeler AS Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial 4.44 2.23 3.59 3.59 7.12

Cadeler AS Quarterly Data
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 1.67 2.27 2.22 1.78 3.08

Competitive Comparison of Cadeler AS's Days Inventory

For the Engineering & Construction subindustry, Cadeler AS'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.


Cadeler AS's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, Cadeler AS's Days Inventory distribution charts can be found below:

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



Cadeler AS Days Inventory Calculation

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

Cadeler AS's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (5.746 + 21.122) / 2 ) / 688.622*365
=13.434 / 688.622*365
=7.12

Cadeler AS'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
=( (5.778 + 21.122) / 2 ) / 398.461*365 / 4
=13.45 / 398.461*365 / 4
=3.08

* 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.


Cadeler AS  (CHIX:CADLRo) 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.

Cadeler AS's Inventory Turnover for the three 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.

Cadeler AS's Inventory to Revenue for the three 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.


Cadeler AS Days Inventory Related Terms

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


Cadeler AS (CHIX:CADLRO) Business Description

Address
Arne Jacobsens Alle 7, Fairway House, Copenhagen S, DNK, DK-2300
Cadeler AS is a key supplier within the offshore wind industry for installation services and operation and maintenance work. The Company provides marine and engineering operations to the wind industry with a focus on safety and the environment. The Group owns and operates two offshore jack-up wind farm installation vessels, Wind Orca and Wind Osprey. In addition to wind farm installation, these vessels can perform maintenance, construction, decommissioning, and other tasks within the offshore industry.

Cadeler AS (CHIX:CADLRO) Headlines

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