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Casa Systems (STU:6CS) Days Inventory : 201.71 (As of Sep. 2023)


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What is Casa Systems Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Casa Systems's Average Total Inventories for the three months ended in Sep. 2023 was €75.0 Mil. Casa Systems's Cost of Goods Sold for the three months ended in Sep. 2023 was €33.9 Mil. Hence, Casa Systems's Days Inventory for the three months ended in Sep. 2023 was 201.71.

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

STU:6CS' s Days Inventory Range Over the Past 10 Years
Min: 159.29   Med: 200.11   Max: 220.35
Current: 204.37

During the past 9 years, Casa Systems's highest Days Inventory was 220.35. The lowest was 159.29. And the median was 200.11.

STU:6CS's Days Inventory is ranked worse than
81.12% of 2410 companies
in the Hardware industry
Industry Median: 102.035 vs STU:6CS: 204.37

Casa Systems's Days Inventory increased from Sep. 2022 (135.10) to Sep. 2023 (201.71). It might indicate that Casa Systems's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Casa Systems's Inventory Turnover for the three months ended in Sep. 2023 was 0.45.

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. Casa Systems's Inventory-to-Revenue for the three months ended in Sep. 2023 was 1.29.


Casa Systems Days Inventory Historical Data

The historical data trend for Casa Systems'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.

Casa Systems Days Inventory Chart

Casa Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only 197.68 218.53 192.96 153.12 160.99

Casa Systems Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 135.10 159.91 279.06 224.76 201.71

Competitive Comparison of Casa Systems's Days Inventory

For the Communication Equipment subindustry, Casa Systems'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.


Casa Systems's Days Inventory Distribution in the Hardware Industry

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

* The bar in red indicates where Casa Systems's Days Inventory falls into.



Casa Systems Days Inventory Calculation

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

Casa Systems'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
=( (75.073 + 77.214) / 2 ) / 172.63*365
=76.1435 / 172.63*365
=160.99

Casa Systems'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
=( (77.61 + 72.342) / 2 ) / 33.917*365 / 4
=74.976 / 33.917*365 / 4
=201.71

* 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.


Casa Systems  (STU:6CS) 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.

Casa Systems'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.

Casa Systems'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.


Casa Systems Days Inventory Related Terms

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


Casa Systems (STU:6CS) Business Description

Traded in Other Exchanges
Address
100 Old River Road, Andover, MA, USA, 01810
Casa Systems Inc is engaged in providing a suite of software-centric infrastructure solutions that allow cable service providers to deliver voice, video and data services over a single platform at multi-gigabit speeds. In addition, the company offers solutions for next-generation distributed and virtualized architectures in cable operator, fixed telecom, and wireless networks. The company focuses on creating a software-centric, multi-service portfolio that enables a broad range of core and access network functions for fixed and wireless networks. The company's product line includes cable networks, IP networks, mobile networks, optical networks, professional and managed services and others. Substantial revenue is generated from North American operations.

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