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CI Investment Grade Bond ETF (TSX:FIG) Days Inventory : 0.00 (As of Dec. 2015)


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What is CI Investment Grade Bond ETF Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). CI Investment Grade Bond ETF's Average Total Inventories for the six months ended in Dec. 2015 was C$0.00 Mil. CI Investment Grade Bond ETF's Cost of Goods Sold for the six months ended in Dec. 2015 was C$0.34 Mil. Hence, CI Investment Grade Bond ETF's Days Inventory for the six months ended in Dec. 2015 was 0.00.

The historical rank and industry rank for CI Investment Grade Bond ETF's Days Inventory or its related term are showing as below:

TSX:FIG's Days Inventory is not ranked *
in the Asset Management industry.
Industry Median: 77.395
* Ranked among companies with meaningful Days Inventory only.

CI Investment Grade Bond ETF's Days Inventory stayed the same from Dec. 2014 (0.00) to Dec. 2015 (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.


CI Investment Grade Bond ETF Days Inventory Historical Data

The historical data trend for CI Investment Grade Bond ETF'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.

CI Investment Grade Bond ETF Days Inventory Chart

CI Investment Grade Bond ETF Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Days Inventory
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CI Investment Grade Bond ETF Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15
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Competitive Comparison of CI Investment Grade Bond ETF's Days Inventory

For the Asset Management subindustry, CI Investment Grade Bond ETF'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.


CI Investment Grade Bond ETF's Days Inventory Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, CI Investment Grade Bond ETF's Days Inventory distribution charts can be found below:

* The bar in red indicates where CI Investment Grade Bond ETF's Days Inventory falls into.



CI Investment Grade Bond ETF Days Inventory Calculation

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

CI Investment Grade Bond ETF's Days Inventory for the fiscal year that ended in Dec. 2015 is calculated as

Days Inventory (A: Dec. 2015 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2014 ) + Total Inventories (A: Dec. 2015 )) / count ) / Cost of Goods Sold (A: Dec. 2015 )*Days in Period
=( (0 + 0) / 1 ) / 0.696*365
=0 / 0.696*365
=0.00

CI Investment Grade Bond ETF's Days Inventory for the quarter that ended in Dec. 2015 is calculated as:

Days Inventory (Q: Dec. 2015 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2015 ) + Total Inventories (Q: Dec. 2015 )) / count ) / Cost of Goods Sold (Q: Dec. 2015 )*Days in Period
=( (0 + 0) / 1 ) / 0.335*365 / 2
=0 / 0.335*365 / 2
=0.00

* 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.


CI Investment Grade Bond ETF  (TSX:FIG) 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.

CI Investment Grade Bond ETF's Inventory Turnover for the six months ended in Dec. 2015 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.

CI Investment Grade Bond ETF's Inventory to Revenue for the six months ended in Dec. 2015 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.


CI Investment Grade Bond ETF Days Inventory Related Terms

Thank you for viewing the detailed overview of CI Investment Grade Bond ETF's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


CI Investment Grade Bond ETF (TSX:FIG) Business Description

Traded in Other Exchanges
N/A
Address
Marret Investment Grade Bond Fund is a closed-end investment fund. Its investment objective is to provide holders of units with attractive monthly tax advantaged cash distributions and to maximize the total return for unitholders.

CI Investment Grade Bond ETF (TSX:FIG) Headlines

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