Cazoo Group (Cazoo Group) Days Inventory : 81.73 (As of Jun. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Cazoo Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Cazoo Group's Average Total Inventories for the six months ended in Jun. 2023 was $224 Mil. Cazoo Group's Cost of Goods Sold for the six months ended in Jun. 2023 was $500 Mil. Hence, Cazoo Group's Days Inventory for the six months ended in Jun. 2023 was 81.73.

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

CZOO' s Days Inventory Range Over the Past 10 Years
Min: 85.55 Med: 155.93 Max: 6984.61
Current: 85.55

During the past 4 years, Cazoo Group's highest Days Inventory was 6984.61. The lowest was 85.55. And the median was 155.93.

CZOO's Days Inventory is ranked worse than
53.46% of 1257 companies
in the Vehicles & Parts industry
Industry Median: 81.77 vs CZOO: 85.55

Cazoo Group's Days Inventory declined from Jun. 2022 (121.36) to Jun. 2023 (81.73).

Inventory Turnover measures how fast the company turns over its inventory within a year. Cazoo Group's Inventory Turnover for the six months ended in Jun. 2023 was 2.23.

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. Cazoo Group's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.42.

Cazoo Group Days Inventory Historical Data

The historical data trend for Cazoo 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.

Cazoo Group Days Inventory Chart

Cazoo Group Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Days Inventory

6,984.61

173.12

138.73

93.69

Cazoo Group Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Inventory	Get a 7-Day Free Trial			91.40	115.17	121.36	85.70	81.73

Competitive Comparison of Cazoo Group's Days Inventory

For the Auto & Truck Dealerships subindustry, Cazoo 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.

Cazoo Group's Days Inventory Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Cazoo Group's Days Inventory distribution charts can be found below:

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

Cazoo Group Days Inventory Calculation

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

Cazoo Group's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (484.82	+	283.27)	/	2 )	/	1496.131	*	365
=	384.045					/	1496.131	*	365
=	93.69

Cazoo Group's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (283.27	+	164.292)	/	2 )	/	499.721	*	365 / 2
=	223.781					/	499.721	*	365 / 2
=	81.73

Cazoo Group (NYSE:CZOO) 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.

Cazoo Group's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	499.721	/	223.781
	=	2.23

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.

Cazoo Group's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	223.781	/	528.487
	=	0.42

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.

Cazoo Group Days Inventory Related Terms

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

Cazoo Group (Cazoo Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Cazoo Group Ltd (NYSE:CZOO) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

41 Chalton Street, London, GBR, NW1 1JD

Website

https://www.cazoo.co.uk

Cazoo Group Ltd transforms the car buying experience for consumers across the UK and Europe. It aims to make buying a car an easy experience, where consumers can simply and seamlessly purchase, finance, or subscribe to a car entirely online for either delivery or collection in less time.