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CSP (CSPI) Days Inventory

: 38.45 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). CSP's Average Total Inventories for the three months ended in Dec. 2023 was $4.75 Mil. CSP's Cost of Goods Sold for the three months ended in Dec. 2023 was $11.28 Mil. Hence, CSP's Days Inventory for the three months ended in Dec. 2023 was 38.45.

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

CSPI' s Days Inventory Range Over the Past 10 Years
Min: 26.4   Med: 37.54   Max: 53.59
Current: 42.49

During the past 13 years, CSP's highest Days Inventory was 53.59. The lowest was 26.40. And the median was 37.54.

CSPI's Days Inventory is ranked worse than
64.56% of 1566 companies
in the Software industry
Industry Median: 19.53 vs CSPI: 42.49

CSP's Days Inventory increased from Dec. 2022 (30.91) to Dec. 2023 (38.45). It might indicate that CSP's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. CSP's Inventory Turnover for the three months ended in Dec. 2023 was 2.37.

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. CSP's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.31.


CSP Days Inventory Historical Data

The historical data trend for CSP'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.

CSP Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 45.98 53.59 51.20 42.94 29.53

CSP Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 30.91 57.63 40.76 30.25 38.45

Competitive Comparison

For the Information Technology Services subindustry, CSP'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.


CSP Days Inventory Distribution

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

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



CSP Days Inventory Calculation

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

CSP's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

Days Inventory (A: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2022 ) + Total Inventories (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (4.372 + 2.542) / 2 ) / 42.727*365
=3.457 / 42.727*365
=29.53

CSP's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (2.542 + 6.963) / 2 ) / 11.28*365 / 4
=4.7525 / 11.28*365 / 4
=38.45

* 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.


CSP  (NAS:CSPI) 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.

CSP's Inventory Turnover for the three months ended in Dec. 2023 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.

CSP's Inventory to Revenue for the three months ended in Dec. 2023 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.


CSP Days Inventory Related Terms

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


CSP (CSPI) Business Description

Traded in Other Exchanges
N/A
Address
175 Cabot Street, Suite 210, Lowell, MA, USA, 01854
CSP Inc along with its subsidiaries develops and markets IT integration solutions, security products, managed IT services, cloud services, purpose-built network adapters, and high-performance cluster computer systems. The firm operates in two segments namely Technology Solutions, where the company focus on value-added reseller integrated solutions including third-party hardware, software, and technical computer-related consulting, and High-Performance Products segments, where the company design, manufacture and deliver products and services to customers that require specialized cyber security services, networking and signal processing. It generates a majority of its revenue from the Technology Solutions segment. Geographically, the company generates its maximum revenue from the Americas.
Executives
Joseph R Nerges 10 percent owner 1726 BUNDY ST, SCRANTON PA 18508
Gary Southwell officer: VP and GM 175 CABOT STREET, SUITE 210, LOWELL MA 01854
Mike Newbanks officer: VP Finance & CAO 1182 E NEWPORT CENTER DRIVE, DEERFIELD BEACH FL 33442
Gary W Levine officer: CFO 215 BUNKER HILL ST., CHARLESTOWN MA 02129
Victor Dellovo officer: President and CEO 1182 EAST NEWPORT CENTER DRIVE, DEERFIELD BEACH FL 33442-8126
C Shelton James director GROUP LONG DISTANCE INC, 1451 W CYPRESS CREEK RD STE 200, FT LAUDERDALE FL 33309
Ismail Azeri director 175 CABOT STREET, SUITE 210, LOWELL MA 01854
John M Leydon officer: VP Finance Chief Acct Officer 2 BECK STREET, NEWBURYPORT MA 01950
Blackmon Raymond Charles Jr director 155 VIOLET PLACE, EUFAULA AL 36027
Marilyn T Smith director 10349 MAIN STREET, FAIRFAX VA 22030
Robert E Bunnett director 733 MEDITERRANEAN LANE, REDWOOD CITY CA 94065
Julian Demora other: Investor P.O.BOX 220139, HOLLYWOOD FL 33022
Christopher Hall director, 10 percent owner 671 NORTHEAST 105TH ST, MIAMI SHORES FL 33138
Robert Michael Williams director P.O. 296, BREWSTER MA 02631
Robert A Stellato officer: Chief Accounting Officer 43 MANNING ROAD, BILLERICA MA 01821