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Computer Engineeringnsulting (Computer Engineeringnsulting) Days Inventory : 7.15 (As of Apr. 2024)


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What is Computer Engineeringnsulting Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Computer Engineeringnsulting's Average Total Inventories for the three months ended in Apr. 2024 was $5.21 Mil. Computer Engineeringnsulting's Cost of Goods Sold for the three months ended in Apr. 2024 was $66.47 Mil. Hence, Computer Engineeringnsulting's Days Inventory for the three months ended in Apr. 2024 was 7.15.

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

CMECF' s Days Inventory Range Over the Past 10 Years
Min: 3.75   Med: 6.94   Max: 7.68
Current: 8.07

During the past 13 years, Computer Engineeringnsulting's highest Days Inventory was 7.68. The lowest was 3.75. And the median was 6.94.

CMECF's Days Inventory is ranked better than
64.23% of 1560 companies
in the Software industry
Industry Median: 18.935 vs CMECF: 8.07

Computer Engineeringnsulting's Days Inventory declined from Apr. 2023 (7.43) to Apr. 2024 (7.15).

Inventory Turnover measures how fast the company turns over its inventory within a year. Computer Engineeringnsulting's Inventory Turnover for the three months ended in Apr. 2024 was 12.77.

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. Computer Engineeringnsulting's Inventory-to-Revenue for the three months ended in Apr. 2024 was 0.06.


Computer Engineeringnsulting Days Inventory Historical Data

The historical data trend for Computer Engineeringnsulting'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.

Computer Engineeringnsulting Days Inventory Chart

Computer Engineeringnsulting Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.84 6.98 8.08 7.93 7.96

Computer Engineeringnsulting Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 7.43 7.61 9.81 9.34 7.15

Competitive Comparison of Computer Engineeringnsulting's Days Inventory

For the Software - Application subindustry, Computer Engineeringnsulting'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.


Computer Engineeringnsulting's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Computer Engineeringnsulting's Days Inventory distribution charts can be found below:

* The bar in red indicates where Computer Engineeringnsulting's Days Inventory falls into.



Computer Engineeringnsulting Days Inventory Calculation

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

Computer Engineeringnsulting's Days Inventory for the fiscal year that ended in Jan. 2024 is calculated as

Days Inventory (A: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jan. 2023 ) + Total Inventories (A: Jan. 2024 )) / count ) / Cost of Goods Sold (A: Jan. 2024 )*Days in Period
=( (5.822 + 5.817) / 2 ) / 266.776*365
=5.8195 / 266.776*365
=7.96

Computer Engineeringnsulting's Days Inventory for the quarter that ended in Apr. 2024 is calculated as:

Days Inventory (Q: Apr. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jan. 2024 ) + Total Inventories (Q: Apr. 2024 )) / count ) / Cost of Goods Sold (Q: Apr. 2024 )*Days in Period
=( (5.817 + 4.595) / 2 ) / 66.468*365 / 4
=5.206 / 66.468*365 / 4
=7.15

* 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.


Computer Engineeringnsulting  (GREY:CMECF) 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.

Computer Engineeringnsulting's Inventory Turnover for the three months ended in Apr. 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.

Computer Engineeringnsulting's Inventory to Revenue for the three months ended in Apr. 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.


Computer Engineeringnsulting Days Inventory Related Terms

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


Computer Engineeringnsulting (Computer Engineeringnsulting) Business Description

Traded in Other Exchanges
Address
5-5, Ebisu Minami 1-chome, JR Ebisu Building, Shibuya-ku, Tokyo, JPN, 150-0022
Computer Engineering & Consulting Ltd. is a Japan-based company engaged in software development, information technology (IT) management, and verification services. It offers comprehensive ICT services, and operates in the business divisions of Digital Industry Business and Service Integration Business.

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