Core Scientific (Core Scientific) Days Inventory : 0.00 (As of Mar. 2024)

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What is Core Scientific Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Core Scientific's Average Total Inventories for the three months ended in Mar. 2024 was $0.0 Mil. Core Scientific's Cost of Goods Sold for the three months ended in Mar. 2024 was $101.6 Mil. Hence, Core Scientific's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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

CORZQ's Days Inventory is not ranked ^*
in the Software industry.
Industry Median: 19.18
* Ranked among companies with meaningful Days Inventory only.

Core Scientific's Days Inventory stayed the same from Mar. 2023 (0.00) to Mar. 2024 (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. Core Scientific's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.

Core Scientific Days Inventory Historical Data

The historical data trend for Core Scientific'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.

Core Scientific Days Inventory Chart

Core Scientific Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Core Scientific Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial											-	-	-	-	-

Competitive Comparison of Core Scientific's Days Inventory

For the Software - Infrastructure subindustry, Core Scientific'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.

Core Scientific's Days Inventory Distribution in the Software Industry

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

* The bar in red indicates where Core Scientific's Days Inventory falls into.

Core Scientific Days Inventory Calculation

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

Core Scientific's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	378.941	*	365
=	0					/	378.941	*	365
=	0.00

Core Scientific's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	101.645	*	365 / 4
=	0					/	101.645	*	365 / 4
=	0.00

Core Scientific (OTCPK:CORZQ) 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.

Core Scientific's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	101.645	/	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.

Core Scientific's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	179.291
	=	0.00

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.

Core Scientific Days Inventory Related Terms

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

Core Scientific (Core Scientific) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Core Scientific Inc (OTCPK:CORZQ) » Definitions » Days Inventory

Comparable Companies

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Traded in Other Exchanges

CORZ:USA

Address

210 Barton Springs Road, Austin, TX, USA, 78704

Website

https://www.corescientific.com

Core Scientific Inc is engaged in Blockchain and AI Infrastructure, Digital Asset Self-Mining, Premium Hosting, Blockchain Technology, and Artificial Intelligence related services. The business operates in two segments being; Equipment Sales and Hosting which consists of blockchain infrastructure, third-party hosting business and equipment sales to customers. Mining segment consists of digital asset mining for its account. The blockchain business generates revenue from the sale of consumption-based contracts and by providing hosting services. The digital asset mining segment earns revenue from operating a firm's owned computer equipment as part of a pool of users that process transactions conducted on one or more blockchain networks. In exchange, it receives digital currency assets.

Executives

Adam Taylor Sullivan	officer: President	C/O CORE SCIENTIFIC, INC., 2407 S. CONGRESS AVENUE, AUSTIN TX 78704
Darin Feinstein	director, 10 percent owner, officer: Chief Vision Officer	2800 NORTHUP WAY, SUITE 220, BELLEVUE WA 98004
Sterling Denise Marie Brucia	officer: Chief Financial Officer	C/O CORE SCIENTIFIC, INC., 201 BARTON SPRINGS ROAD, AUSTIN TX 78704
Matt Minnis	director	2800 NORTHUP WAY, SUITE 220, BELLEVUE WA 98004
Brian Neville	officer: Chief Accounting Officer	C/O CORE SCIENTIFIC, INC., 2800 NORTHROP WAY, BELLEVUE WA 98004
Todd M Duchene	officer: EVP, GC and Secretary	847 GIBRALTAR DR., MILPITAS CA 95035
Michael Trzupek	officer: Chief Financial Officer	2800 NORTHUP WAY, SUITE 220, BELLEVUE WA 98004
Stacie Olivares	director	2525 E. CAMELBACK RD., STE 850, PHOENIX AZ 85016
Jarvis V. Hollingsworth	director	100 WEST HOUSTON STREET, SAN ANTONIO TX 78205
Michael J Levitt	director, officer: Chief Executive Officer	KAYNE ANDERSON CAPITAL ADVISORS, L.P., 1800 AVENUE OF THE STARS, 3RD FLOOR, LOS ANGELES CA 90067
Dr Kneeland Youngblood	director	C/O GAP, INC., 2 FOLSOM ST., SAN FRANCISCO CA 94105
John P Mcgarrity	officer: General Counsel and Secretary	321 N. CLARK STREET, CHICAGO IL 60054
Sullivan Colleen	director	420 EXECUTIVE SQUARE SUITE 300, LA JOLLA CA 92037
Theodore J Brombach	10 percent owner	321 N. CLARK STREET, CHICAGO IL 60054
Patrick C Eilers	director, 10 percent owner, officer: Chief Executive Officer	THREE FIRST NATIONAL PLAZA STE 3800, CHICAGO IL 60602