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


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What is Cocoa Processing Co Days Inventory?

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 GHS320.4 Mil. Cocoa Processing Co's Cost of Goods Sold for the six months ended in Sep. 2022 was GHS682.6 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 Range Over the Past 10 Years
Min: 118.83   Med: 183.58   Max: 224.32
Current: 171.32

During the past 7 years, Cocoa Processing Co's highest Days Inventory was 224.32. The lowest was 118.83. And the median was 183.58.

XGHA:CPC's Days Inventory is ranked worse than
82.07% of 1785 companies
in the Consumer Packaged Goods industry
Industry Median: 82.1 vs XGHA:CPC: 171.32

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 Days Inventory Historical Data

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.

* Premium members only.

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

Competitive Comparison of Cocoa Processing Co's Days Inventory

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's Days Inventory Distribution in the 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
=( (386.079 + 254.724) / 2 ) / 682.628*365
=320.4015 / 682.628*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
=( (386.079 + 254.724) / 2 ) / 682.628*365 / 2
=320.4015 / 682.628*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.


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

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


Cocoa Processing Co (XGHA:CPC) Business Description

Traded in Other Exchanges
N/A
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.

Cocoa Processing Co (XGHA:CPC) Headlines

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