Cicor Technologies (XSWX:CICN) Days Inventory : 264.57 (As of Dec. 2023)

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What is Cicor Technologies Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Cicor Technologies's Average Total Inventories for the six months ended in Dec. 2023 was CHF141.6 Mil. Cicor Technologies's Cost of Goods Sold for the six months ended in Dec. 2023 was CHF97.7 Mil. Hence, Cicor Technologies's Days Inventory for the six months ended in Dec. 2023 was 264.57.

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

XSWX:CICN' s Days Inventory Range Over the Past 10 Years
Min: 147.12 Med: 159.86 Max: 235.32
Current: 235.32

During the past 13 years, Cicor Technologies's highest Days Inventory was 235.32. The lowest was 147.12. And the median was 159.86.

XSWX:CICN's Days Inventory is ranked worse than
85.26% of 2409 companies
in the Hardware industry
Industry Median: 101.86 vs XSWX:CICN: 235.32

Cicor Technologies's Days Inventory increased from Dec. 2022 (248.58) to Dec. 2023 (264.57). It might indicate that Cicor Technologies's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cicor Technologies's Inventory Turnover for the six months ended in Dec. 2023 was 0.69.

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. Cicor Technologies's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.74.

Cicor Technologies Days Inventory Historical Data

The historical data trend for Cicor Technologies'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.

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Cicor Technologies Days Inventory Chart

Cicor Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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147.12

163.46

191.61

215.70

222.66

Cicor Technologies Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															197.10	195.93	248.58	221.19	264.57

Competitive Comparison of Cicor Technologies's Days Inventory

For the Electronic Components subindustry, Cicor Technologies'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.

Cicor Technologies's Days Inventory Distribution in the Hardware Industry

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

* The bar in red indicates where Cicor Technologies's Days Inventory falls into.

Cicor Technologies Days Inventory Calculation

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

Cicor Technologies'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
=	( (117.364	+	135.365)	/	2 )	/	207.15	*	365
=	126.3645					/	207.15	*	365
=	222.66

Cicor Technologies's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (147.929	+	135.365)	/	2 )	/	97.707	*	365 / 2
=	141.647					/	97.707	*	365 / 2
=	264.57

Cicor Technologies (XSWX:CICN) 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.

Cicor Technologies's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	97.707	/	141.647
	=	0.69

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.

Cicor Technologies's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	141.647	/	190.738
	=	0.74

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.

Cicor Technologies Days Inventory Related Terms

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

Cicor Technologies (XSWX:CICN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Cicor Technologies Ltd (XSWX:CICN) » Definitions » Days Inventory

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Traded in Other Exchanges

CICNz:UK

Address

c/o Cicor Management AG, Gebenloostrasse 15, Bronschhofen, CHE, 9552

Website

https://www.cicor.com

Cicor Technologies Ltd is engaged in the manufacturing of printed circuit boards, high-density interconnect, thin and thick film, radio frequency boards, quick turn prototypes, micro-assembly, packaging, and outsourcing of electronic modules and component groups. The company's products are used by medical technology, automotive, semiconductor, aerospace and defense, telecommunications, and watch industries. The business operates through segments are Electronic Manufacturing Services (EMS), and Advanced Substrates (AS). The Electronic Manufacturing Services segment generates maximum revenue for the company.

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