Chemring Group (Chemring Group) Days Inventory : 0.00 (As of Apr. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Chemring Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Chemring Group's Average Total Inventories for the six months ended in Apr. 2024 was $139.7 Mil. Chemring Group's Cost of Goods Sold for the six months ended in Apr. 2024 was $0.0 Mil.

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

During the past 13 years, Chemring Group's highest Days Inventory was 126.64. The lowest was 103.71. And the median was 116.73.

CMGMY's Days Inventory is not ranked ^*
in the Aerospace & Defense industry.
Industry Median: 148.84
* Ranked among companies with meaningful Days Inventory only.

Chemring Group's Days Inventory stayed the same from Apr. 2023 (0.00) to Apr. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Chemring Group's Inventory Turnover for the six months ended in Apr. 2024 was 0.00.

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. Chemring Group's Inventory-to-Revenue for the six months ended in Apr. 2024 was 0.50.

Chemring Group Days Inventory Historical Data

The historical data trend for Chemring 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.

* Premium members only.

Chemring Group Days Inventory Chart

Chemring Group Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Days Inventory

Get a 7-Day Free Trial

Chemring Group Semi-Annual Data
	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Chemring Group's Days Inventory

For the Aerospace & Defense subindustry, Chemring 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.

Chemring Group's Days Inventory Distribution in the Aerospace & Defense Industry

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

* The bar in red indicates where Chemring Group's Days Inventory falls into.

Chemring Group Days Inventory Calculation

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

Chemring Group's Days Inventory for the fiscal year that ended in Oct. 2023 is calculated as

	Days Inventory (A: Oct. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Oct. 2022 )	+	Total Inventories (A: Oct. 2023 ))	/	count )	/	Cost of Goods Sold (A: Oct. 2023 )	*	Days in Period
=	( (112.925	+	123.873)	/	2 )	/	0	*	365
=	118.399					/	0	*	365
=	N/A

Chemring Group'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: Oct. 2023 )	+	Total Inventories (Q: Apr. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Apr. 2024 )	*	Days in Period
=	( (123.873	+	155.444)	/	2 )	/	0	*	365 / 2
=	139.6585					/	0	*	365 / 2
=	N/A

Chemring Group (OTCPK:CMGMY) 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.

Chemring Group's Inventory Turnover for the six months ended in Apr. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	139.6585
	=	0.00

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.

Chemring Group's Inventory to Revenue for the six months ended in Apr. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	139.6585	/	279.599
	=	0.50

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.

Chemring Group Days Inventory Related Terms

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

Chemring Group (Chemring Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Chemring Group PLC (OTCPK:CMGMY) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

CMGMF:USA CHGl:UK CHG:UK CMN1:Germany

Address

Old Salisbury Lane, Roke Manor, Romsey, Hampshire, GBR, SO51 0ZN

Website

http://www.chemring.co.uk

Chemring Group PLC is a defense technology company. The company's operating segment includes Sensors and Information; it is engaged in the development and manufacturing of electronic countermeasures, chemical and biological threat detection equipment, and explosive hazard detection (EHD) equipment. and Countermeasures and Energetics segment is engaged in the development and manufacturing of expendable countermeasures for air and sea platforms, cartridge/propellant actuated devices, pyrotechnic devices for satellite launch and deployment, missile components, propellants, separation sub-systems, actuators, and energetic materials. It generates maximum revenue from the Countermeasures and Energetics segment. Geographically, the majority of the revenue for the company is generated from UK.