Cepton (Cepton) Inventory Turnover : 0.72 (As of Dec. 2023)

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What is Cepton Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Cepton's Cost of Goods Sold for the three months ended in Dec. 2023 was $2.26 Mil. Cepton's Average Total Inventories for the quarter that ended in Dec. 2023 was $3.15 Mil. Cepton's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.72.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cepton's Days Inventory for the three months ended in Dec. 2023 was 127.61.

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. Cepton's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.64.

Cepton Inventory Turnover Historical Data

The historical data trend for Cepton's Inventory Turnover 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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Cepton Inventory Turnover Chart

Cepton Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

1.45

1.29

1.49

2.63

3.53

Cepton Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial										0.37	0.49	0.62	0.82	0.72

Cepton Inventory Turnover Calculation

Cepton's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	9.506	/ (	(2.985	+	2.396)	/	2 )
=	9.506	/	2.6905
=	3.53

Cepton's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	2.255	/ (	(3.911	+	2.396)	/	2 )
=	2.255	/	3.1535
=	0.72

Cepton (NAS:CPTN) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Cepton's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	3.1535	/	2.255	*	365 / 4
	=	127.61

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.

Cepton's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	3.1535	/	4.951
	=	0.64

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Cepton Inventory Turnover Related Terms

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Cepton (Cepton) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Cepton Inc (NAS:CPTN) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

399 West Trimble Road, San Jose, CA, USA, 95131

Website

https://www.cepton.com

Cepton Inc provides lidar-based solutions for a range of markets such as automotive, smart cities, smart spaces and smart industrial applications. The company's patented MMT-based lidar technology enables reliable, scalable and cost-effective solutions that deliver long range, high resolution 3D perception for smart applications.

Executives

Ming Qiu	officer: Controller	C/O CEPTON, INC., 399 W. TRIMBLE ROAD, SAN JOSE CA 95131
Liqun Han	officer: SVP of Operations	C/O CEPTON, INC., 399 W. TRIMBLE ROAD, SAN JOSE CA 95131
Jun Pei	director, 10 percent owner, officer: CEO and President	C/O CEPTON, INC., 399 W. TRIMBLE ROAD, SAN JOSE CA 95131
Mark Mccord	officer: Chief Technology Officer	C/O CEPTON, INC., 399 W. TRIMBLE ROAD, SAN JOSE CA 95131
Hideharu Konagaya	director	C/O CEPTON, INC., 399 WEST TRIMBLE ROAD, SAN JOSE CA 95131
Paul Anawalt	officer: General Counsel and Secretary	C/O CEPTON, INC., 399 W. TRIMBLE ROAD, SAN JOSE CA 95131
Hull Xu	officer: Chief Financial Officer	C/O CEPTON, INC., 399 W. TRIMBLE ROAD, SAN JOSE CA 95131
Jinying Chen	officer: Corporate Controller	C/O CEPTON, INC., 399 W. TRIMBLE ROAD, SAN JOSE CA 95131
Ldv Partners Fund I, L.p.	10 percent owner	24201 SUMMERHILL AVENUE, LOS ALTOS CA 94024
Xiaogang Zhang	director	C/O CEPTON, INC., 399 W. TRIMBLE ROAD, SAN JOSE CA 95131
Koito Manufacturing Co., Ltd.	10 percent owner	4-8-3, TAKANAWA, MINATO-KU, TOKYO M0 1088711
May Wang	director	C/O CEPTON, INC., 399 W. TRIMBLE ROAD, SAN JOSE CA 95131
Winston S Fu	director, 10 percent owner, officer: CFO and Secretary	24201 SUMMERHILL AVENUE, LOS ALTOS CA 94024
Takayuki Katsuda	director	C/O CEPTON, INC., 399 W. TRIMBLE ROAD, SAN JOSE CA 95131
Dongyi Liao	officer: SVP of Applications	C/O CEPTON, INC., 399 W. TRIMBLE ROAD, SAN JOSE CA 95131