CTKYY (CooTek (Cayman)) Days Inventory : 0.00 (As of Dec. 2023)

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What is CooTek (Cayman) Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). CooTek (Cayman)'s Average Total Inventories for the six months ended in Dec. 2023 was $0.00 Mil. CooTek (Cayman)'s Cost of Goods Sold for the six months ended in Dec. 2023 was $6.04 Mil. Hence, CooTek (Cayman)'s Days Inventory for the six months ended in Dec. 2023 was 0.00.

The historical rank and industry rank for CooTek (Cayman)'s Days Inventory or its related term are showing as below:

CTKYY's Days Inventory is not ranked ^*
in the Software industry.
Industry Median: 19.83
* Ranked among companies with meaningful Days Inventory only.

CooTek (Cayman)'s Days Inventory stayed the same from Dec. 2021 (0.00) to Dec. 2023 (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. CooTek (Cayman)'s Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.

CooTek (Cayman) Days Inventory Historical Data

The historical data trend for CooTek (Cayman)'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.

CooTek (Cayman) Days Inventory Chart

CooTek (Cayman) Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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CooTek (Cayman) Semi-Annual Data
	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Days Inventory	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of CooTek (Cayman)'s Days Inventory

For the Software - Application subindustry, CooTek (Cayman)'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.

CooTek (Cayman)'s Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, CooTek (Cayman)'s Days Inventory distribution charts can be found below:

* The bar in red indicates where CooTek (Cayman)'s Days Inventory falls into.

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CooTek (Cayman) Days Inventory Calculation

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

CooTek (Cayman)'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 )	/	6.035	*	365
=	0					/	6.035	*	365
=	0.00

CooTek (Cayman)'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: Dec. 2022 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	6.035	*	365 / 2
=	0					/	6.035	*	365 / 2
=	0.00

CooTek (Cayman) (OTCPK:CTKYY) 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.

CooTek (Cayman)'s Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	6.035	/	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.

CooTek (Cayman)'s Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	31.976
	=	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.

CooTek (Cayman) Days Inventory Related Terms

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

CooTek (Cayman) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » CooTek (Cayman) Inc (OTCPK:CTKYY) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Lane 399, Xinlong Road, 9-11th Floor, No.16, Minhang District, Shanghai, CHN, 201101

Website

https://www.cootek.com

CooTek (Cayman) Inc is a mobile internet company offering mobile applications including a portfolio of content-rich mobile applications, TouchPal Phone book and TouchPal Smart Input. Its content-rich mobile applications focus on three categories: online literature, mobile games, and scenario-based mobile apps. The company's products are Content-rich Mobile Applications that include Online literature, Mobile games, Scenario-based mobile apps such as fitness, healthcare, and phone call interface decoration; TouchPal Smart Input; and TouchPal Phonebook. It derives its majority of the revenue from the United States.