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Charge Enterprises (Charge Enterprises) Days Inventory : 0.16 (As of Sep. 2023)


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What is Charge Enterprises Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Charge Enterprises's Average Total Inventories for the three months ended in Sep. 2023 was $0.2 Mil. Charge Enterprises's Cost of Goods Sold for the three months ended in Sep. 2023 was $123.3 Mil. Hence, Charge Enterprises's Days Inventory for the three months ended in Sep. 2023 was 0.16.

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

CRGEQ' s Days Inventory Range Over the Past 10 Years
Min: 0.06   Med: 0.08   Max: 0.11
Current: 0.11

During the past 3 years, Charge Enterprises's highest Days Inventory was 0.11. The lowest was 0.06. And the median was 0.08.

CRGEQ's Days Inventory is ranked better than
99.32% of 294 companies
in the Telecommunication Services industry
Industry Median: 19.135 vs CRGEQ: 0.11

Charge Enterprises's Days Inventory increased from Sep. 2022 (0.09) to Sep. 2023 (0.16). It might indicate that Charge Enterprises's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Charge Enterprises's Inventory Turnover for the three months ended in Sep. 2023 was 566.69.

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. Charge Enterprises's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.00.


Charge Enterprises Days Inventory Historical Data

The historical data trend for Charge Enterprises'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.

Charge Enterprises Days Inventory Chart

Charge Enterprises Annual Data
Trend Dec20 Dec21 Dec22
Days Inventory
- 0.09 0.06

Charge Enterprises Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.09 0.09 0.07 0.09 0.16

Competitive Comparison of Charge Enterprises's Days Inventory

For the Telecom Services subindustry, Charge Enterprises'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.


Charge Enterprises's Days Inventory Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Charge Enterprises's Days Inventory distribution charts can be found below:

* The bar in red indicates where Charge Enterprises's Days Inventory falls into.



Charge Enterprises Days Inventory Calculation

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

Charge Enterprises's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (0.111 + 0.111) / 2 ) / 669.62*365
=0.111 / 669.62*365
=0.06

Charge Enterprises's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0.118 + 0.317) / 2 ) / 123.255*365 / 4
=0.2175 / 123.255*365 / 4
=0.16

* 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.


Charge Enterprises  (OTCPK:CRGEQ) 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.

Charge Enterprises's Inventory Turnover for the three months ended in Sep. 2023 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.

Charge Enterprises's Inventory to Revenue for the three months ended in Sep. 2023 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.


Charge Enterprises Days Inventory Related Terms

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


Charge Enterprises (Charge Enterprises) Business Description

Traded in Other Exchanges
N/A
Address
125 Park Avenue, 25th Floor, New York, NY, USA, 10017
Charge Enterprises Inc is an electrical, broadband, and electric vehicle (EV) charging infrastructure company that provides clients with end-to-end project management services, from advising, designing, engineering, acquiring, and installing equipment, to monitoring, servicing, and maintenance. The company's operating segment includes Telecommunications and Infrastructure. It generates maximum revenue from the Telecommunications segment. The telecommunications segment provides a connection of voice calls and data to global carriers.
Executives
Gary N Jacobs director MGM MIRAGE, 3600 LAS VEGAS BLVD., S., LAS VEGAS NV 89109
James Biehl officer: CLO, CCO, Secretary 44 WALL STREET, 12TH FLOOR, NEW YORK NY 10005
Michael Wojtowicz officer: CEO, Pres. B W Electrical Serv 125 PARK AVE, 25TH FLOOR, NEW YORK NY 10017
Leah Schweller officer: CFO 125 PARK AVENUE, 25TH FLOOR, NEW YORK NY 10017
Philip Scala director 125 PARK AVENUE, 25TH FLOOR, NEW YORK NY 10017
Justin Deutsch director 125 PARK AVENUE, 25TH FLOOR, NEW YORK NY 10017
Paul Martin Williams officer: See Remarks 125 PARK AVE, 25TH FLOOR, NEW YORK NY 10017
Jacky Wu director 515 SOUTH FLOWER ST, 44TH FLOOR, LOS ANGELES CA 90071
Chantel E Lenard director 1665 SCENIC AVENUE, SUITE 250, COSTA MESA CA 92626
Amy Hanson director C/O MACY'S, INC., 7 WEST SEVENTH STREET, CINCINNATI OH 45202
Mark R Laneve officer: President 2400 MARKET STREET, 4TH FLOOR, PHILADELPHIA PA 19103
Andrew Scott Fox director, 10 percent owner, officer: CEO, Director & Chairman 125 PARK AVENUE, 25TH FLOOR, NEW YORK NY 10017
Craig Harper-denson director, officer: COO, CCO, Secretary & Director 125 PARK AVENUE, 25TH FLOOR, NEW YORK NY 10017
Jeffrey Scott Kuhlman officer: Chief Communications Officer 125 PARK AVE, 25TH FLOOR, NEW YORK NY 10017
Paolo Fettuccia officer: See Remarks 125 PARK AVE, 25TH FLOOR, NEW YORK NY 10017