Cocoa Processing Co (XGHA:CPC) Days Inventory: 171.32 (As of Sep. 2022)

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What is Cocoa Processing Co Days Inventory?

Cocoa Processing Co XGHA:CPC Days Inventory is 171.32 as of Sep. 2022.

Days Inventory is also known as Days Sales of Inventory (DSI). Cocoa Processing Co's Average Total Inventories for the six months ended in Sep. 2022 was GHS259.8 Mil. Cocoa Processing Co's Cost of Goods Sold for the six months ended in Sep. 2022 was GHS553.5 Mil. Hence, Cocoa Processing Co's Days Inventory for the six months ended in Sep. 2022 was 85.66.

The historical rank and industry rank for Cocoa Processing Co's Days Inventory or its related term are showing as below:

XGHA:CPC's Days Inventory is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 83.04
* Ranked among companies with meaningful Days Inventory only.

Cocoa Processing Co's Days Inventory declined from Sep. 2014 (199.93) to Sep. 2022 (171.32).

Inventory Turnover measures how fast the company turns over its inventory within a year. Cocoa Processing Co's Inventory Turnover for the six months ended in Sep. 2022 was 2.13.

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. Cocoa Processing Co's Inventory-to-Revenue for the six months ended in Sep. 2022 was 0.51.


Cocoa Processing Co  (XGHA:CPC) 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.

Cocoa Processing Co's Inventory Turnover for the six months ended in Sep. 2022 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.

Cocoa Processing Co's Inventory to Revenue for the six months ended in Sep. 2022 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.


Cocoa Processing Co Days Inventory Related Terms


Cocoa Processing Co Days Inventory Historical Data

* Premium members only.

The historical data trend for Cocoa Processing Co'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.

Cocoa Processing Co Days Inventory Chart

Cocoa Processing Co Annual Data
Trend Sep10 Sep11 Sep12 Sep13 Sep14 Sep21 Sep22
Days Inventory
Get a 7-Day Free Trial 224.32 155.24 199.93 118.83 171.32

Cocoa Processing Co Semi-Annual Data
Sep10 Sep11 Sep12 Sep13 Sep14 Sep21 Sep22
Days Inventory Get a 7-Day Free Trial 224.32 155.24 199.93 118.83 171.32

XGHA:CPC vs MDLZ, HSY, TR: Days Inventory Comparison

For the Confectioners subindustry, Cocoa Processing Co'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.


Cocoa Processing Co Days Inventory vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Cocoa Processing Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Cocoa Processing Co's Days Inventory falls into.



Cocoa Processing Co Days Inventory Calculation

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

Cocoa Processing Co's Days Inventory for the fiscal year that ended in Sep. 2022 is calculated as

Days Inventory (A: Sep. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2021 ) + Total Inventories (A: Sep. 2022 )) / count ) / Cost of Goods Sold (A: Sep. 2022 )*Days in Period
=( (313.07 + 206.555) / 2 ) / 553.541*365
=259.8125 / 553.541*365
=171.32

Cocoa Processing Co's Days Inventory for the quarter that ended in Sep. 2022 is calculated as:

Days Inventory (Q: Sep. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2021 ) + Total Inventories (Q: Sep. 2022 )) / count ) / Cost of Goods Sold (Q: Sep. 2022 )*Days in Period
=( (313.07 + 206.555) / 2 ) / 553.541*365 / 2
=259.8125 / 553.541*365 / 2
=85.66

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 171.32 mean?
Cocoa Processing Co (XGHA:CPC) has a Days Inventory of 171.32 as of Sep. 2022. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Cocoa Processing Co and its competitors.
Is Cocoa Processing Co's Days Inventory too high?
Cocoa Processing Co's current Days Inventory is 171.32. The Consumer Packaged Goods industry median Days Inventory is 83.04. Cocoa Processing Co's value of 171.32 is 106.3% above this industry median.
How does Cocoa Processing Co's Days Inventory compare to MDLZ and HSY?
Cocoa Processing Co's Days Inventory of 171.32 can be compared against companies in the Consumer Packaged Goods industry. The industry median Days Inventory is 83.04. Cocoa Processing Co's value of 171.32 is 106.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Consumer Packaged Goods company?
The median Days Inventory among Consumer Packaged Goods companies is 83.04, based on 1,874 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cocoa Processing Co's current Days Inventory of 171.32 is 106.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Cocoa Processing Co and its competitors. For the Consumer Packaged Goods industry, the median Days Inventory is 83.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cocoa Processing Co's current Days Inventory is 171.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cocoa Processing Co stock overvalued right now?
Cocoa Processing Co (XGHA:CPC) has a current Days Inventory of 171.32. The current Days Inventory is 171.32 and 106.3% above the Consumer Packaged Goods industry median of 83.04. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Cocoa Processing Co (XGHA:CPC), the current Days Inventory is 171.32 as of Sep. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Cocoa Processing Co Business Description

Address Heavy Industrial Area, Private Mail Bag, Tema, GHA
Cocoa Processing Co Ltd manufactures chocolates, confectionery and semi-finished cocoa products such as cocoa butter, cocoa liquor, cocoa cake and cocoa powder from premium cocoa beans grown in Ghana.