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CDRE (Cadre Holdings) Days Inventory : 128.36 (As of Sep. 2024)


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What is Cadre Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Cadre Holdings's Average Total Inventories for the three months ended in Sep. 2024 was $97.6 Mil. Cadre Holdings's Cost of Goods Sold for the three months ended in Sep. 2024 was $69.4 Mil. Hence, Cadre Holdings's Days Inventory for the three months ended in Sep. 2024 was 128.36.

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

CDRE' s Days Inventory Range Over the Past 10 Years
Min: 82.55   Med: 88.83   Max: 106.99
Current: 106.99

During the past 5 years, Cadre Holdings's highest Days Inventory was 106.99. The lowest was 82.55. And the median was 88.83.

CDRE's Days Inventory is ranked better than
66.09% of 289 companies
in the Aerospace & Defense industry
Industry Median: 143.84 vs CDRE: 106.99

Cadre Holdings's Days Inventory increased from Sep. 2023 (105.48) to Sep. 2024 (128.36). It might indicate that Cadre Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cadre Holdings's Inventory Turnover for the three months ended in Sep. 2024 was 0.71.

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. Cadre Holdings's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.89.


Cadre Holdings Days Inventory Historical Data

The historical data trend for Cadre Holdings'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.

Cadre Holdings Days Inventory Chart

Cadre Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
82.55 89.22 88.83 86.83 97.95

Cadre Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 105.48 99.71 100.50 101.94 128.36

Competitive Comparison of Cadre Holdings's Days Inventory

For the Aerospace & Defense subindustry, Cadre Holdings'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.


Cadre Holdings's Days Inventory Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Cadre Holdings's Days Inventory distribution charts can be found below:

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



Cadre Holdings Days Inventory Calculation

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

Cadre Holdings's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (70.273 + 80.976) / 2 ) / 281.806*365
=75.6245 / 281.806*365
=97.95

Cadre Holdings's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (95.637 + 99.583) / 2 ) / 69.392*365 / 4
=97.61 / 69.392*365 / 4
=128.36

* 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.


Cadre Holdings  (NYSE:CDRE) 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.

Cadre Holdings's Inventory Turnover for the three months ended in Sep. 2024 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.

Cadre Holdings's Inventory to Revenue for the three months ended in Sep. 2024 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.


Cadre Holdings Days Inventory Related Terms

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


Cadre Holdings Business Description

Traded in Other Exchanges
N/A
Address
13386 International Parkway, Jacksonville, FL, USA, 32218
Cadre Holdings Inc is engaged in the design and manufacture of a diversified product portfolio of critical safety and survivability equipment to protect first responders, federal agencies, outdoor recreation, and personal protection markets. The Company's equipment provides critical protection to allow its users to safely and securely perform their duties and protect those around them in hazardous or life-threatening situations. Its operations are comprised of two reportable segments: Products and Distribution.
Executives
Nicolas Sokolow director 100 BLVD MALESHERBES, PARIS I0 00000
Warren B Kanders director, 10 percent owner, officer: CEO AND CHAIRMAN ONE LANDMARK SQUARE, 22ND FLOOR, STAMFORD, CT 06901
Brad Williams officer: PRESIDENT 13386 INTERNATIONAL PARKWAY, JACKSONVILLE FL 32218
Blaine Browers officer: CHIEF FINANCIAL OFFICER 13386 INTERNATIONAL PARKWAY, JACKSONVILLE FL 32218
Deborah A Decotis director 1633 BROADWAY, NEW YORK NY 10019
Quigley William G Iii director
Hamish Norton director 13386 INTERNATIONAL PARKWAY, JACKSONVILLE FL 32218
Maui Holdings, Llc 10 percent owner 340 ROYAL POINCIANA WAY, SUITE 317-250, PALM BEACH FL 33480