California Nanotechnologies (California Nanotechnologies) Days Inventory : 0.00 (As of Nov. 2023)

View and export this data going back to 2014. Start your Free Trial

What is California Nanotechnologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). California Nanotechnologies's Average Total Inventories for the three months ended in Nov. 2023 was $0.00 Mil. California Nanotechnologies's Cost of Goods Sold for the three months ended in Nov. 2023 was $0.38 Mil. Hence, California Nanotechnologies's Days Inventory for the three months ended in Nov. 2023 was 0.00.

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

During the past 13 years, California Nanotechnologies's highest Days Inventory was 76.11. The lowest was 28.34. And the median was 40.88.

CANOF's Days Inventory is not ranked ^*
in the Chemicals industry.
Industry Median: 82.92
* Ranked among companies with meaningful Days Inventory only.

California Nanotechnologies's Days Inventory stayed the same from Nov. 2022 (0.00) to Nov. 2023 (0.00).

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

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. California Nanotechnologies's Inventory-to-Revenue for the three months ended in Nov. 2023 was 0.00.

California Nanotechnologies Days Inventory Historical Data

The historical data trend for California Nanotechnologies'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.

California Nanotechnologies Days Inventory Chart

California Nanotechnologies Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Days Inventory

Get a 7-Day Free Trial

50.10

33.18

27.24

California Nanotechnologies Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of California Nanotechnologies's Days Inventory

For the Specialty Chemicals subindustry, California Nanotechnologies'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.

California Nanotechnologies's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, California Nanotechnologies's Days Inventory distribution charts can be found below:

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

California Nanotechnologies Days Inventory Calculation

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

California Nanotechnologies's Days Inventory for the fiscal year that ended in Feb. 2023 is calculated as

	Days Inventory (A: Feb. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Feb. 2022 )	+	Total Inventories (A: Feb. 2023 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.384	*	365
=	0					/	0.384	*	365
=	0.00

California Nanotechnologies's Days Inventory for the quarter that ended in Nov. 2023 is calculated as:

	Days Inventory (Q: Nov. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Aug. 2023 )	+	Total Inventories (Q: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.38	*	365 / 4
=	0					/	0.38	*	365 / 4
=	0.00

California Nanotechnologies (OTCPK:CANOF) 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.

California Nanotechnologies's Inventory Turnover for the three months ended in Nov. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.38	/	0
	=

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.

California Nanotechnologies's Inventory to Revenue for the three months ended in Nov. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	1.159
	=	0.00

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.

California Nanotechnologies Days Inventory Related Terms

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

California Nanotechnologies (California Nanotechnologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » California Nanotechnologies Corp (OTCPK:CANOF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

CNO:Canada

Address

900, 517 - 10th Avenue S.W., Calgary, AB, CAN, T2R 0A8

Website

https://www.calnanocorp.com

California Nanotechnologies Corp engages in the production, and research and development of nanostructured components and materials. Its products include precision forged components, thermal spray powders, nano light alloy powders, nanoalloy billets, nano superalloy powders, cemented carbides, and tooling. The company products are used in Aerospace, Defense, Automotive, Medical, and Sport and Recreation industries.