Coolpad Group (Coolpad Group) Days Inventory : 100.07 (As of Jun. 2023)

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What is Coolpad Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Coolpad Group's Average Total Inventories for the six months ended in Jun. 2023 was $7.26 Mil. Coolpad Group's Cost of Goods Sold for the six months ended in Jun. 2023 was $13.25 Mil. Hence, Coolpad Group's Days Inventory for the six months ended in Jun. 2023 was 100.07.

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

CHWTF' s Days Inventory Range Over the Past 10 Years
Min: 44.97 Med: 69.59 Max: 115.32
Current: 100.76

During the past 13 years, Coolpad Group's highest Days Inventory was 115.32. The lowest was 44.97. And the median was 69.59.

CHWTF's Days Inventory is ranked better than
51.68% of 2405 companies
in the Hardware industry
Industry Median: 103.77 vs CHWTF: 100.76

Coolpad Group's Days Inventory increased from Jun. 2022 (76.63) to Jun. 2023 (100.07). It might indicate that Coolpad Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Coolpad Group's Inventory Turnover for the six months ended in Jun. 2023 was 1.82.

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. Coolpad Group's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.33.

Coolpad Group Days Inventory Historical Data

The historical data trend for Coolpad 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.

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Coolpad Group Days Inventory Chart

Coolpad Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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79.93

57.43

114.87

73.66

65.77

Coolpad Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Inventory	Get a 7-Day Free Trial															86.13	63.79	76.63	92.18	100.07

Competitive Comparison of Coolpad Group's Days Inventory

For the Consumer Electronics subindustry, Coolpad 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.

Coolpad Group's Days Inventory Distribution in the Hardware Industry

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

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

Coolpad Group Days Inventory Calculation

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

Coolpad 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
=	( (9.133	+	7.161)	/	2 )	/	45.211	*	365
=	8.147					/	45.211	*	365
=	65.77

Coolpad 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
=	( (7.161	+	7.367)	/	2 )	/	13.247	*	365 / 2
=	7.264					/	13.247	*	365 / 2
=	100.07

Coolpad Group (OTCPK:CHWTF) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	13.247	/	7.264
	=	1.82

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	7.264	/	21.898
	=	0.33

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.

Coolpad Group Days Inventory Related Terms

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

Coolpad Group (Coolpad Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Coolpad Group Ltd (OTCPK:CHWTF) » Definitions » Days Inventory

Traded in Other Exchanges

02369:Hong Kong

Address

Coolpad Information Harbor, No. 8 of Gaoxin North 1st Road, Hi-Tech Industry Park (Northern), Nanshan District, Shenzhen, CHN, 518057

Website

https://www.coolpad.com.hk

Coolpad Group Ltd is an investment holding company that develops and provides integrated solutions for smartphone sets, mobile data platform systems, and value-added businesses in Mainland China and internationally. It operates in two segments: Mobile Phone; and Property Investment. The Mobile Phone segment which derives the majority of revenue engages in the research, development, production, and sale of mobile phones and related accessories and the provision of wireless application service, and the property investment segment invests in properties for rental income potential and for capital appreciation. It generates a majority of its revenue from Mainland China.

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