CGAC (Code Green Apparel) Days Inventory: 0.00 (As of Sep. 2017)

What is Code Green Apparel Days Inventory?

Code Green Apparel CGAC Days Inventory is 0.00 as of Sep. 2017.

Days Inventory is also known as Days Sales of Inventory (DSI). Code Green Apparel's Average Total Inventories for the three months ended in Sep. 2017 was $0.00 Mil. Code Green Apparel's Cost of Goods Sold for the three months ended in Sep. 2017 was $0.00 Mil. Hence, Code Green Apparel's Days Inventory for the three months ended in Sep. 2017 was 0.00.

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

CGAC's Days Inventory is not ranked ^*
in the Capital Markets industry.
Industry Median: 63.24
* Ranked among companies with meaningful Days Inventory only.

Code Green Apparel's Days Inventory declined from Sep. 2016 (64.88) to Sep. 2017 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Code Green Apparel's Inventory-to-Revenue for the three months ended in Sep. 2017 was 0.00.

Code Green Apparel (OTCPK:CGAC) 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.

Code Green Apparel's Inventory Turnover for the three months ended in Sep. 2017 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.004	/	0
	=

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.

Code Green Apparel's Inventory to Revenue for the three months ended in Sep. 2017 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.011
	=	0.00

* 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.

Code Green Apparel Days Inventory Related Terms

Code Green Apparel Days Inventory Historical Data

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The historical data trend for Code Green Apparel's Days Inventory can be seen below:

Code Green Apparel Days Inventory Chart

Code Green Apparel Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec15

Dec16

Days Inventory

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0.00

148.95

Code Green Apparel Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17
Days Inventory	Get a 7-Day Free Trial															64.88	56.58	87.45	0.00	0.00

Code Green Apparel Days Inventory Competitor Comparison

For the Capital Markets subindustry, Code Green Apparel'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.

Code Green Apparel Days Inventory vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Code Green Apparel's Days Inventory distribution charts can be found below:

* The bar in red indicates where Code Green Apparel's Days Inventory falls into.

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Code Green Apparel Days Inventory Calculation

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

Code Green Apparel's Days Inventory for the fiscal year that ended in Dec. 2016 is calculated as

	Days Inventory (A: Dec. 2016 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2015 )	+	Total Inventories (A: Dec. 2016 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2016 )	*	Days in Period
=	( (0.199	+	0.023)	/	2 )	/	0.272	*	365
=	0.111					/	0.272	*	365
=	148.95

Code Green Apparel's Days Inventory for the quarter that ended in Sep. 2017 is calculated as:

	Days Inventory (Q: Sep. 2017 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2017 )	+	Total Inventories (Q: Sep. 2017 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2017 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.004	*	365 / 4
=	0					/	0.004	*	365 / 4
=	0.00

Frequently Asked Questions Learn more about Days Inventory →

What does a Days Inventory of 0.00 mean?

Code Green Apparel (CGAC) has a Days Inventory of 0.00 as of Sep. 2017. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Code Green Apparel and its competitors.

Is Code Green Apparel's Days Inventory too high?

Code Green Apparel's current Days Inventory is 0.00.

How does Code Green Apparel's Days Inventory compare to competitors?

Code Green Apparel's Days Inventory of 0.00 can be compared against companies in the Capital Markets industry. The industry median Days Inventory is 63.24. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Days Inventory for a Capital Markets company?

The median Days Inventory among Capital Markets companies is 63.24, based on 228 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Days Inventory mean?

A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Code Green Apparel and its competitors. For the Capital Markets industry, the median Days Inventory is 63.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Code Green Apparel's current Days Inventory is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Code Green Apparel stock overvalued right now?

Code Green Apparel (CGAC) has a current Days Inventory of 0.00. The current Days Inventory is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Days Inventory calculated?

Days Inventory is calculated from a company's financial statements. For Code Green Apparel (CGAC), the current Days Inventory is 0.00 as of Sep. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Code Green Apparel Business Description

Industry Financial Services Capital Markets

Comparable Companies BOM:511539 BOM:539115 BOM:532090 BOM:534707 BOM:539525 BOM:531119 BOM:539278 BOM:539520 BOM:539125 BOM:533941 NSE:GRETEX BOM:540243 BOM:531402 BOM:540148 BOM:540952 BOM:539216 BOM:526827 BOM:539007 BOM:521232 WAR:SFK

Address 12600 Hill Country Boulevard, Suite R-275, Bee Cave, TX, USA, 78738

Website https://www.artdigitalcorp.com

Code Green Apparel Corp is a Digital Energy Company. The company focuses on development of containerized and modular AI infrastructure designed to address the growing energy, cooling, and deployment constraints facing AI data centers, as AI infrastructure faces growing constraints driven by power availability and rising electrical costs.