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CRCT (Cricut) Days Inventory : 162.99 (As of Mar. 2025)


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What is Cricut Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Cricut's Average Total Inventories for the three months ended in Mar. 2025 was $114.8 Mil. Cricut's Cost of Goods Sold for the three months ended in Mar. 2025 was $64.3 Mil. Hence, Cricut's Days Inventory for the three months ended in Mar. 2025 was 162.99.

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

CRCT' s Days Inventory Range Over the Past 10 Years
Min: 134.53   Med: 189.99   Max: 274.18
Current: 170.82

During the past 7 years, Cricut's highest Days Inventory was 274.18. The lowest was 134.53. And the median was 189.99.

CRCT's Days Inventory is ranked worse than
74.66% of 2380 companies
in the Hardware industry
Industry Median: 97.475 vs CRCT: 170.82

Cricut's Days Inventory declined from Mar. 2024 (282.81) to Mar. 2025 (162.99).

Inventory Turnover measures how fast the company turns over its inventory within a year. Cricut's Inventory Turnover for the three months ended in Mar. 2025 was 0.56.

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. Cricut's Inventory-to-Revenue for the three months ended in Mar. 2025 was 0.71.


Cricut Days Inventory Historical Data

The historical data trend for Cricut'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.

Cricut Days Inventory Chart

Cricut Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial 134.53 151.14 274.18 257.90 182.49

Cricut Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 282.81 244.00 181.36 111.87 162.99

Competitive Comparison of Cricut's Days Inventory

For the Computer Hardware subindustry, Cricut'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.


Cricut's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Cricut's Days Inventory distribution charts can be found below:

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


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Cricut Days Inventory Calculation

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

Cricut's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (244.469 + 115.255) / 2 ) / 359.75*365
=179.862 / 359.75*365
=182.49

Cricut's Days Inventory for the quarter that ended in Mar. 2025 is calculated as:

Days Inventory (Q: Mar. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2024 ) + Total Inventories (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (115.255 + 114.397) / 2 ) / 64.286*365 / 4
=114.826 / 64.286*365 / 4
=162.99

* 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.


Cricut  (NAS:CRCT) 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.

Cricut's Inventory Turnover for the three months ended in Mar. 2025 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.

Cricut's Inventory to Revenue for the three months ended in Mar. 2025 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.


Cricut Days Inventory Related Terms

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


Cricut Business Description

Traded in Other Exchanges
Address
10855 South River Front Parkway, South Jordan, UT, USA, 84095
Cricut Inc designs and builds a creativity platform that enables users to turn ideas into professional-looking handmade goods. With its connected machines, design apps and accessories, and materials, the users create everything from personalized birthday cards, mugs and T-shirts to large-scale interior decorations. It has two segments including the Platform segment which derives revenue from monthly and annual subscription fees, purchases of digital content, and a minimal amount of the revenue allocated to unspecified future upgrades and enhancements related to the essential software and access to the Company's cloud-based services and Products segment which derives revenue from the sale of its connected machine hardware, and sale of craft, DIY, home decor products and extensions.
Executives
Arora Ashish director, 10 percent owner, officer: Chief Executive Officer 10855 SOUTH RIVER FRONT PARKWAY, SOUTH JORDAN UT 84095
Len Blackwell director 10855 SOUTH RIVER FRONT PARKWAY, SOUTH JORDAN UT 84095
Donald B. Olsen officer: EVP, General Counsel & Sec. 10855 SOUTH RIVER FRONT PARKWAY, SOUTH JORDAN UT 84095
Abdiel Qualified Master Fund Lp 10 percent owner 90 PARK AVENUE, 29TH FLOOR, NEW YORK NY 10016
Jason Makler director 10855 SOUTH RIVER FRONT PARKWAY, SOUTH JORDAN UT 84095
Ryan Harmer officer: Principal Accounting Officer 10855 SOUTH RIVER FRONT PARKWAY, SOUTH JORDAN UT 84095
Kimball C Shill officer: Chief Financial Officer 10855 SOUTH RIVER FRONT PARKWAY, SOUTH JORDAN UT 84095
Gregory Rowberry officer: EVP, Sales 10855 SOUTH RIVER FRONT PARKWAY, SOUTH JORDAN UT 84095
Moran Colin T. 10 percent owner 410 PARK AVE, SUITE 930, NEW YORK NY 10022
Abdiel Capital Management, Llc 10 percent owner 90 PARK AVENUE, 29TH FLOOR, NEW YORK NY 10016
Abdiel Capital Advisors, Lp 10 percent owner 90 PARK AVENUE, 29TH FLOOR, NEW YORK NY 10016
Abdiel Capital Lp 10 percent owner C/O ABDIEL CAPITAL ADVISORS, LP, 90 PARK AVENUE, 29TH FLOOR, NEW YORK NY 10016
Martin F Petersen officer: Chief Financial Officer 5152 NORTH EDGEWOOD DRIVE, SUITE 375, PROVO UT 84604
Petrus Trust Company, Lta 10 percent owner 3000 TURTLE CREEK BLVD., DALLAS TX 75219
L.p. Hwgaa, 10 percent owner 3000 TURTLE CREEK BLVD, DALLAS TX 75219