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Ceres Power Holdings (Ceres Power Holdings) Days Inventory : 137.77 (As of Dec. 2023)


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What is Ceres Power Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ceres Power Holdings's Average Total Inventories for the six months ended in Dec. 2023 was $4.14 Mil. Ceres Power Holdings's Cost of Goods Sold for the six months ended in Dec. 2023 was $5.48 Mil. Hence, Ceres Power Holdings's Days Inventory for the six months ended in Dec. 2023 was 137.77.

The historical rank and industry rank for Ceres Power Holdings's Days Inventory or its related term are showing as below:

CRPHY' s Days Inventory Range Over the Past 10 Years
Min: 81.71   Med: 148.64   Max: 178.08
Current: 170.06

During the past 13 years, Ceres Power Holdings's highest Days Inventory was 178.08. The lowest was 81.71. And the median was 148.64.

CRPHY's Days Inventory is ranked worse than
68.49% of 2907 companies
in the Industrial Products industry
Industry Median: 121.9 vs CRPHY: 170.06

Ceres Power Holdings's Days Inventory declined from Dec. 2022 (286.15) to Dec. 2023 (137.77).

Inventory Turnover measures how fast the company turns over its inventory within a year. Ceres Power Holdings's Inventory Turnover for the six months ended in Dec. 2023 was 1.32.

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. Ceres Power Holdings's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.30.


Ceres Power Holdings Days Inventory Historical Data

The historical data trend for Ceres Power Holdings'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.

Ceres Power Holdings Days Inventory Chart

Ceres Power Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 137.76 - 82.05 183.89 173.21

Ceres Power Holdings Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 83.69 194.29 286.15 189.66 137.77

Competitive Comparison of Ceres Power Holdings's Days Inventory

For the Electrical Equipment & Parts subindustry, Ceres Power Holdings'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.


Ceres Power Holdings's Days Inventory Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ceres Power Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ceres Power Holdings's Days Inventory falls into.



Ceres Power Holdings Days Inventory Calculation

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

Ceres Power Holdings'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
=( (6.96 + 3.576) / 2 ) / 11.101*365
=5.268 / 11.101*365
=173.21

Ceres Power Holdings's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (4.696 + 3.576) / 2 ) / 5.479*365 / 2
=4.136 / 5.479*365 / 2
=137.77

* 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.


Ceres Power Holdings  (OTCPK:CRPHY) 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.

Ceres Power Holdings's Inventory Turnover for the six months ended in Dec. 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.

Ceres Power Holdings's Inventory to Revenue for the six months ended in Dec. 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.


Ceres Power Holdings Days Inventory Related Terms

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


Ceres Power Holdings (Ceres Power Holdings) Business Description

Traded in Other Exchanges
Address
Foundry Lane, Viking House, Horsham, West Sussex, GBR, RH13 5PX
Ceres Power Holdings PLC is a UK- based technology solutions provider. It is one of the developers of fuel cell technology, which enables the production of clean & low-cost energy. Its SteelCell technology uses the existing infrastructure of mains natural gas & is manufactured using commodity materials, such as steel. It mainly caters to the automotive industry. Among its other markets are transportation, commercial, & light industrial sectors. The group established a leading technology position in solid oxide fuel cell (SOFC) power systems & develop solid oxide electrolysis (SOEC) to demonstrate it at a megawatt scale. The Group has identified two reporting segments, Power (SOFC) & Hydrogen (SOEC), the majority is from the Power (SOFC) segment. Geographically, the majority is from Asia.

Ceres Power Holdings (Ceres Power Holdings) Headlines