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Creotech Instruments (WAR:CRI) Days Inventory : 396.37 (As of Sep. 2024)


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What is Creotech Instruments Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Creotech Instruments's Average Total Inventories for the three months ended in Sep. 2024 was zł10.56 Mil. Creotech Instruments's Cost of Goods Sold for the three months ended in Sep. 2024 was zł2.43 Mil. Hence, Creotech Instruments's Days Inventory for the three months ended in Sep. 2024 was 396.37.

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

WAR:CRI' s Days Inventory Range Over the Past 10 Years
Min: 83.79   Med: 157.32   Max: 438.21
Current: 438.21

During the past 5 years, Creotech Instruments's highest Days Inventory was 438.21. The lowest was 83.79. And the median was 157.32.

WAR:CRI's Days Inventory is ranked worse than
92.49% of 293 companies
in the Aerospace & Defense industry
Industry Median: 139.5 vs WAR:CRI: 438.21

Creotech Instruments's Days Inventory declined from Sep. 2023 (412.46) to Sep. 2024 (396.37).

Inventory Turnover measures how fast the company turns over its inventory within a year. Creotech Instruments's Inventory Turnover for the three months ended in Sep. 2024 was 0.23.

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. Creotech Instruments's Inventory-to-Revenue for the three months ended in Sep. 2024 was 2.87.


Creotech Instruments Days Inventory Historical Data

The historical data trend for Creotech Instruments'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.

Creotech Instruments Days Inventory Chart

Creotech Instruments Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
157.32 83.79 118.80 241.61 303.85

Creotech Instruments Quarterly Data
Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 412.46 271.99 815.59 576.45 396.37

Competitive Comparison of Creotech Instruments's Days Inventory

For the Aerospace & Defense subindustry, Creotech Instruments'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.


Creotech Instruments's Days Inventory Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Creotech Instruments's Days Inventory distribution charts can be found below:

* The bar in red indicates where Creotech Instruments's Days Inventory falls into.


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Creotech Instruments Days Inventory Calculation

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

Creotech Instruments'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
=( (8.997 + 9.6) / 2 ) / 11.17*365
=9.2985 / 11.17*365
=303.85

Creotech Instruments's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (10.728 + 10.383) / 2 ) / 2.43*365 / 4
=10.5555 / 2.43*365 / 4
=396.37

* 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.


Creotech Instruments  (WAR:CRI) 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.

Creotech Instruments's Inventory Turnover for the three months ended in Sep. 2024 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.

Creotech Instruments's Inventory to Revenue for the three months ended in Sep. 2024 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.


Creotech Instruments Days Inventory Related Terms

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


Creotech Instruments Business Description

Traded in Other Exchanges
Address
Gen. L. Okulickiego 7/9, Piaseczno, POL, 05-500
Creotech Instruments SA is a provider of advanced space technologies, specialized electronics, and hardware with global applications in areas such as quantum computers, quantum cryptography, quantum physics, and high energy physics laboratories. Its five primary business segments are: NewSpace dedicated to developing a satellite platform and its components; Earth Observation dedicated to developing Earth Observation systems and UAV technology (Unmanned Aerial Vehicle); Science dedicated to developing specialized electronics and components for quantum computers and time synchronization systems; Production dedicated to the manufacture of electronics; ESA Projects dedicated chiefly to projects carried in partnership with or/and commissioned by the European Space Agency (ESA).