CNVAF (Cnova NV) Days Inventory: 48.68 (As of Dec. 2024)


CNVAF Cnova NV CNVAF
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What is Cnova NV Days Inventory?

Cnova NV CNVAF 16 Days Inventory is 48.68 as of Dec. 2024. GuruFocus rates CNVAF with a GF Score™ of 16/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Cnova NV's Average Total Inventories for the six months ended in Dec. 2024 was $105 Mil. Cnova NV's Cost of Goods Sold for the six months ended in Dec. 2024 was $394 Mil. Hence, Cnova NV's Days Inventory for the six months ended in Dec. 2024 was 48.68.

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

CNVAF's Days Inventory is not ranked *
in the Retail - Cyclical industry.
Industry Median: 104.57
* Ranked among companies with meaningful Days Inventory only.

Cnova NV's Days Inventory increased from Dec. 2023 (45.18) to Dec. 2024 (48.68). It might indicate that Cnova NV's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cnova NV's Inventory Turnover for the six months ended in Dec. 2024 was 3.75.

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. Cnova NV's Inventory-to-Revenue for the six months ended in Dec. 2024 was 0.18.


Cnova NV  (OTCPK:CNVAF) 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.

Cnova NV's Inventory Turnover for the six months ended in Dec. 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.

Cnova NV's Inventory to Revenue for the six months ended in Dec. 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.


Cnova NV Days Inventory Related Terms


Cnova NV Days Inventory Historical Data

* Premium members only.

The historical data trend for Cnova NV'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.

Cnova NV Days Inventory Chart

Cnova NV Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.85 65.72 67.77 52.98 54.66

Cnova NV Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 56.39 56.83 45.18 61.86 48.68

CNVAF vs AMZN, BABA, PDD: Days Inventory Comparison

For the Internet Retail subindustry, Cnova NV'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.


Cnova NV Days Inventory vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Cnova NV's Days Inventory distribution charts can be found below:

* The bar in red indicates where Cnova NV's Days Inventory falls into.


CNVAF
16GF Score
Cnova NV CNVAF
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Cnova NV Days Inventory Calculation

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

Cnova NV's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (109.644 + 101.965) / 2 ) / 706.568*365
=105.8045 / 706.568*365
=54.66

Cnova NV's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (108.193 + 101.965) / 2 ) / 393.968*365 / 2
=105.079 / 393.968*365 / 2
=48.68

* 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 48.68 mean?
Cnova NV (CNVAF) has a Days Inventory of 48.68 as of Dec. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Cnova NV and its competitors.
Is Cnova NV's Days Inventory too high?
Cnova NV's current Days Inventory is 48.68. The Retail - Cyclical industry median Days Inventory is 104.57. Cnova NV's value of 48.68 is 53.4% below this industry median. Overall, Cnova NV has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Cnova NV's Days Inventory compare to AMZN and BABA?
Cnova NV's Days Inventory of 48.68 can be compared against companies in the Retail - Cyclical industry. The industry median Days Inventory is 104.57. Cnova NV's value of 48.68 is 53.4% below 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 a Retail - Cyclical company?
The median Days Inventory among Retail - Cyclical companies is 104.57, based on 1,087 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. Cnova NV's current Days Inventory of 48.68 is 53.4% below 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 Cnova NV and its competitors. For the Retail - Cyclical industry, the median Days Inventory is 104.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cnova NV's current Days Inventory is 48.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cnova NV stock overvalued right now?
Cnova NV (CNVAF) has a current Days Inventory of 48.68. The current Days Inventory is 48.68 and 53.4% below the Retail - Cyclical industry median of 104.57. Cnova NV's overall GF Score™ is 16/100. 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 Cnova NV (CNVAF), the current Days Inventory is 48.68 as of Dec. 2024. 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.

Cnova NV Business Description

Address 120-126, quai de Bacalan, Bordeaux, FRA, 33067
Cnova NV is an e-commerce company. It provides its customers with a value proposition through a low-cost business model that offers attractive pricing, an extensive product assortment, and differentiated delivery and payment solutions. Its product offering categories are home appliances, consumer electronics, computers, home furnishings, leisure, and personal goods.
16GF Score

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Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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