CF Energy (CF Energy) Days Inventory

: 5.03 (As of Sep. 2023)

View and export this data going back to 2008. Start your Free Trial

Days Inventory is also known as Days Sales of Inventory (DSI). CF Energy's Average Total Inventories for the three months ended in Sep. 2023 was $0.71 Mil. CF Energy's Cost of Goods Sold for the three months ended in Sep. 2023 was $12.85 Mil. Hence, CF Energy's Days Inventory for the three months ended in Sep. 2023 was 5.03.

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

CGFEF' s Days Inventory Range Over the Past 10 Years
Min: 5.33 Med: 8 Max: 11.96
Current: 5.33

During the past 13 years, CF Energy's highest Days Inventory was 11.96. The lowest was 5.33. And the median was 8.00.

CGFEF's Days Inventory is ranked better than
81.72% of 465 companies
in the Utilities - Regulated industry
Industry Median: 22.67 vs CGFEF: 5.33

CF Energy's Days Inventory declined from Sep. 2022 (9.71) to Sep. 2023 (5.03).

Inventory Turnover measures how fast the company turns over its inventory within a year. CF Energy's Inventory Turnover for the three months ended in Sep. 2023 was 18.13.

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. CF Energy's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.04.

CF Energy Days Inventory Historical Data

The historical data trend for CF Energy'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.

CF Energy Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

Get a 7-Day Free Trial

7.30

7.74

8.04

6.45

7.36

CF Energy Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Inventory	Get a 7-Day Free Trial															9.71	5.16	6.01	5.30	5.03

Competitive Comparison

For the Utilities - Regulated Gas subindustry, CF Energy'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.

CF Energy Days Inventory Distribution

For the Utilities - Regulated industry and Utilities sector, CF Energy's Days Inventory distribution charts can be found below:

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

CF Energy Days Inventory Calculation

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

CF Energy'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
=	( (0.626	+	0.684)	/	2 )	/	32.498	*	365
=	0.655					/	32.498	*	365
=	7.36

CF Energy's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0.653	+	0.765)	/	2 )	/	12.853	*	365 / 4
=	0.709					/	12.853	*	365 / 4
=	5.03

CF Energy (OTCPK:CGFEF) 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.

CF Energy's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	12.853	/	0.709
	=	18.13

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.

CF Energy's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.709	/	17.185
	=	0.04

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.

CF Energy Days Inventory Related Terms

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

CF Energy (CF Energy) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » CF Energy Corp (OTCPK:CGFEF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

CFY:Canada

Address

3100 Steeles Avenue East, Suite 3008, Markham, ON, CAN, L3R 8T3

Website

http://www.cfenergy.com

CF Energy Corp is an investment holding company engaged in the distribution of natural gas and sustainable energy utilization for industrial, commercial, and residential users as well as electric vehicle battery swap service in the PRC. It has three operating segments; the Gas distribution utility segment which includes gas sales, pipeline installation, and connection, CNG vehicles refuel and provide gas pipeline installation and connection services and deliver natural gas to residential, commercial, and industrial customers, The Integrated smart energy segment uses multiple clean energy sources, including solar, hydro, electricity, and natural gas to supply cooling, heating, as well as hot water, and The smart mobility segment operates an electric vehicle battery swap business.