Concurrent Technologies (LSE:CNC) Days Inventory : 211.67 (As of Dec. 2023)

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What is Concurrent Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Concurrent Technologies's Average Total Inventories for the six months ended in Dec. 2023 was £11.50 Mil. Concurrent Technologies's Cost of Goods Sold for the six months ended in Dec. 2023 was £9.92 Mil. Hence, Concurrent Technologies's Days Inventory for the six months ended in Dec. 2023 was 211.67.

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

LSE:CNC' s Days Inventory Range Over the Past 10 Years
Min: 140.02 Med: 176.45 Max: 320.71
Current: 251.38

During the past 13 years, Concurrent Technologies's highest Days Inventory was 320.71. The lowest was 140.02. And the median was 176.45.

LSE:CNC's Days Inventory is ranked worse than
87.09% of 2409 companies
in the Hardware industry
Industry Median: 101.86 vs LSE:CNC: 251.38

Concurrent Technologies's Days Inventory declined from Dec. 2022 (312.04) to Dec. 2023 (211.67).

Inventory Turnover measures how fast the company turns over its inventory within a year. Concurrent Technologies's Inventory Turnover for the six months ended in Dec. 2023 was 0.86.

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. Concurrent Technologies's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.59.

Concurrent Technologies Days Inventory Historical Data

The historical data trend for Concurrent Technologies'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.

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Concurrent Technologies Days Inventory Chart

Concurrent Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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182.90

198.40

242.07

320.71

251.21

Concurrent Technologies Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															249.95	393.89	312.04	316.15	211.67

Competitive Comparison of Concurrent Technologies's Days Inventory

For the Computer Hardware subindustry, Concurrent Technologies'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.

Concurrent Technologies's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Concurrent Technologies's Days Inventory distribution charts can be found below:

* The bar in red indicates where Concurrent Technologies's Days Inventory falls into.

Concurrent Technologies Days Inventory Calculation

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

Concurrent Technologies'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
=	( (10.09	+	11.959)	/	2 )	/	16.018	*	365
=	11.0245					/	16.018	*	365
=	251.21

Concurrent Technologies'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
=	( (11.048	+	11.959)	/	2 )	/	9.918	*	365 / 2
=	11.5035					/	9.918	*	365 / 2
=	211.67

Concurrent Technologies (LSE:CNC) 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.

Concurrent Technologies's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	9.918	/	11.5035
	=	0.86

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.

Concurrent Technologies's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	11.5035	/	19.517
	=	0.59

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.

Concurrent Technologies Days Inventory Related Terms

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

Concurrent Technologies (LSE:CNC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Concurrent Technologies PLC (LSE:CNC) » Definitions » Days Inventory

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Traded in Other Exchanges

FJV:Germany

Address

4 Gilberd Court, Newcomen Way, Colchester, Essex, GBR, CO4 9WN

Website

https://www.gocct.com

Concurrent Technologies PLC is engaged in designing, manufacturing, and supplying innovative high-end embedded computer products aimed at a wide base of customers within the defense, telecommunications, aerospace, transport, scientific, and industrial markets. Its core product range is central processing unit (CPU) boards, designed using Intel processors including the high-performance 11th-generation embedded Intel Core and Intel Xeon processors designed to be compliant with the CompactPCI, OpenVPX, VME, AMC, and XMC open architecture standards. The company's products also support many operating systems including Microsoft Windows, Linux, Solaris, QNX, and VxWorks, all of which are commonly used as standards in embedded applications.