CHGI (China Carbon Graphite Group) Days Inventory: 125.10 (As of Sep. 2021)

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CHGI China Carbon Graphite Group Inc CHGI
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What is China Carbon Graphite Group Days Inventory?

China Carbon Graphite Group CHGI 12 Days Inventory is 125.10 as of Sep. 2021. GuruFocus rates CHGI with a GF Score™ of 12/100.

Days Inventory is also known as Days Sales of Inventory (DSI). China Carbon Graphite Group's Average Total Inventories for the three months ended in Sep. 2021 was $0.09 Mil. China Carbon Graphite Group's Cost of Goods Sold for the three months ended in Sep. 2021 was $0.06 Mil. Hence, China Carbon Graphite Group's Days Inventory for the three months ended in Sep. 2021 was 125.10.

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

CHGI's Days Inventory is not ranked *
in the Industrial Products industry.
Industry Median: 119.51
* Ranked among companies with meaningful Days Inventory only.

China Carbon Graphite Group's Days Inventory increased from Sep. 2020 (29.83) to Sep. 2021 (125.10). It might indicate that China Carbon Graphite Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. China Carbon Graphite Group's Inventory Turnover for the three months ended in Sep. 2021 was 0.73.

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. China Carbon Graphite Group's Inventory-to-Revenue for the three months ended in Sep. 2021 was 0.69.


China Carbon Graphite Group  (OTCPK:CHGI) 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.

China Carbon Graphite Group's Inventory Turnover for the three months ended in Sep. 2021 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.

China Carbon Graphite Group's Inventory to Revenue for the three months ended in Sep. 2021 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.


China Carbon Graphite Group Days Inventory Related Terms


China Carbon Graphite Group Days Inventory Historical Data

* Premium members only.

The historical data trend for China Carbon Graphite 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.

China Carbon Graphite Group Days Inventory Chart

China Carbon Graphite Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.32 6.03 0.93 21.22 27.61

China Carbon Graphite Group Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 29.83 31.74 0.00 195.54 125.10

CHGI vs PLUG: Days Inventory Comparison

For the Electrical Equipment & Parts subindustry, China Carbon Graphite 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.


China Carbon Graphite Group Days Inventory vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, China Carbon Graphite Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where China Carbon Graphite Group's Days Inventory falls into.


CHGI
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China Carbon Graphite Group Inc CHGI
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China Carbon Graphite Group Days Inventory Calculation

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

China Carbon Graphite Group's Days Inventory for the fiscal year that ended in Dec. 2020 is calculated as

Days Inventory (A: Dec. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2019 ) + Total Inventories (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (0.018 + 0) / 1 ) / 0.238*365
=0.018 / 0.238*365
=27.61

China Carbon Graphite Group's Days Inventory for the quarter that ended in Sep. 2021 is calculated as:

Days Inventory (Q: Sep. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2021 ) + Total Inventories (Q: Sep. 2021 )) / count ) / Cost of Goods Sold (Q: Sep. 2021 )*Days in Period
=( (0.09 + 0.08) / 2 ) / 0.062*365 / 4
=0.085 / 0.062*365 / 4
=125.10

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 125.10 mean?
China Carbon Graphite Group (CHGI) has a Days Inventory of 125.10 as of Sep. 2021. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on China Carbon Graphite Group and its competitors.
Is China Carbon Graphite Group's Days Inventory too high?
China Carbon Graphite Group's current Days Inventory is 125.10. The Industrial Products industry median Days Inventory is 119.51. China Carbon Graphite Group's value of 125.10 is 4.7% above this industry median. Overall, China Carbon Graphite Group has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does China Carbon Graphite Group's Days Inventory compare to PLUG?
China Carbon Graphite Group's Days Inventory of 125.10 can be compared against companies in the Industrial Products industry. The industry median Days Inventory is 119.51. China Carbon Graphite Group's value of 125.10 is 4.7% above this benchmark. 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 an Industrial Products company?
The median Days Inventory among Industrial Products companies is 119.51, based on 2,968 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. China Carbon Graphite Group's current Days Inventory of 125.10 is 4.7% above the industry median. 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 China Carbon Graphite Group and its competitors. For the Industrial Products industry, the median Days Inventory is 119.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Carbon Graphite Group's current Days Inventory is 125.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Carbon Graphite Group stock overvalued right now?
China Carbon Graphite Group (CHGI) has a current Days Inventory of 125.10. The current Days Inventory is 125.10 and 4.7% above the Industrial Products industry median of 119.51. China Carbon Graphite Group's overall GF Score™ is 12/100. 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 China Carbon Graphite Group (CHGI), the current Days Inventory is 125.10 as of Sep. 2021. 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.

China Carbon Graphite Group Business Description

Address 20955 Pathfinder Road, Suite 200, Diamond Bar, CA, USA, 91765
China Carbon Graphite Group Inc is engaged in the research and development, production, and sales of graphene and graphene oxide and graphite bipolar plates in the People's Republic of China. Its product includes carbon fiber products, electrodes, bipolar plates, precision machined graphite parts/components, and graphene-related products. The company derives its revenues from the production, either internally or through outsource to third parties, and distribution of graphite-based products.
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