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China Carbon Graphite Group (China Carbon Graphite Group) Days Inventory : 125.10 (As of Sep. 2021)


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What is China Carbon Graphite Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). China Carbon Graphite Group's Average Total Inventories for the three months ended in Sep. 2021 was $0.09 Mil. China Carbon Graphite Group's Cost of Goods Sold for the three months ended in Sep. 2021 was $0.06 Mil. Hence, China Carbon Graphite Group's Days Inventory for the three months ended in Sep. 2021 was 125.10.

The historical rank and industry rank for China Carbon Graphite Group's Days Inventory or its related term are showing as below:

CHGI's Days Inventory is not ranked *
in the Industrial Products industry.
Industry Median: 119.85
* Ranked among companies with meaningful Days Inventory only.

China Carbon Graphite Group's Days Inventory increased from Sep. 2020 (29.83) to Sep. 2021 (125.10). It might indicate that China Carbon Graphite Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Carbon Graphite Group's Inventory Turnover for the three months ended in Sep. 2021 was 0.73.

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. China Carbon Graphite Group's Inventory-to-Revenue for the three months ended in Sep. 2021 was 0.69.


China Carbon Graphite Group Days Inventory Historical Data

The historical data trend for China Carbon Graphite Group'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.

China Carbon Graphite Group Days Inventory Chart

China Carbon Graphite Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.32 6.03 0.93 21.22 27.61

China Carbon Graphite Group Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 29.83 31.74 - 195.54 125.10

Competitive Comparison of China Carbon Graphite Group's Days Inventory

For the Electrical Equipment & Parts subindustry, China Carbon Graphite Group'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.


China Carbon Graphite Group's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, China Carbon Graphite Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Carbon Graphite Group's Days Inventory falls into.



China Carbon Graphite Group Days Inventory Calculation

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

China Carbon Graphite Group's Days Inventory for the fiscal year that ended in Dec. 2020 is calculated as

Days Inventory (A: Dec. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2019 ) + Total Inventories (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (0.018 + 0) / 1 ) / 0.238*365
=0.018 / 0.238*365
=27.61

China Carbon Graphite Group's Days Inventory for the quarter that ended in Sep. 2021 is calculated as:

Days Inventory (Q: Sep. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2021 ) + Total Inventories (Q: Sep. 2021 )) / count ) / Cost of Goods Sold (Q: Sep. 2021 )*Days in Period
=( (0.09 + 0.08) / 2 ) / 0.062*365 / 4
=0.085 / 0.062*365 / 4
=125.10

* 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.


China Carbon Graphite Group  (OTCPK:CHGI) 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.

China Carbon Graphite Group's Inventory Turnover for the three months ended in Sep. 2021 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.

China Carbon Graphite Group's Inventory to Revenue for the three months ended in Sep. 2021 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.


China Carbon Graphite Group Days Inventory Related Terms

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China Carbon Graphite Group (China Carbon Graphite Group) Business Description

Traded in Other Exchanges
N/A
Address
20955 Pathfinder Road, Suite 200, Diamond Bar, CA, USA, 91765
China Carbon Graphite Group Inc is engaged in the research and development, production, and sales of graphene and graphene oxide and graphite bipolar plates in the People's Republic of China. Its product includes carbon fiber products, electrodes, bipolar plates, precision machined graphite parts/components, and graphene-related products. The company derives its revenues from the production, either internally or through outsource to third parties, and distribution of graphite-based products.