CDTI (CDTi Advanced Materials) Inventory Turnover: 0.89 (As of Sep. 2018)


What is CDTi Advanced Materials Inventory Turnover?

CDTi Advanced Materials CDTI Inventory Turnover is 0.89 as of Sep. 2018.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. CDTi Advanced Materials's Cost of Goods Sold for the three months ended in Sep. 2018 was $1.12 Mil. CDTi Advanced Materials's Average Total Inventories for the quarter that ended in Sep. 2018 was $1.25 Mil. CDTi Advanced Materials's Inventory Turnover for the quarter that ended in Sep. 2018 was 0.89.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CDTi Advanced Materials's Days Inventory for the three months ended in Sep. 2018 was 102.48.

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. CDTi Advanced Materials's Inventory-to-Revenue for the quarter that ended in Sep. 2018 was 0.62.

CDTi Advanced Materials  (OTCPK:CDTI) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

CDTi Advanced Materials's Days Inventory for the three months ended in Sep. 2018 is calculated as:

Days Inventory =Average Total Inventories (Q: Sep. 2018 )/Cost of Goods Sold (Q: Sep. 2018 )*Days in Period
=1.2545/1.117*365 / 4
=102.48

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.

CDTi Advanced Materials's Inventory to Revenue for the quarter that ended in Sep. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2018 ) / Revenue (Q: Sep. 2018 )
=1.2545 / 2.025
=0.62

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

CDTi Advanced Materials Inventory Turnover Related Terms

CDTi Advanced Materials Inventory Turnover Historical Data

* Premium members only.

The historical data trend for CDTi Advanced Materials's Inventory Turnover 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.

CDTi Advanced Materials Inventory Turnover Chart

CDTi Advanced Materials Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.27 4.97 4.06 3.83 4.60

CDTi Advanced Materials Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
Inventory Turnover 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 Premium Member Only Premium Member Only 0.60 4.53 1.42 1.12 0.89

CDTi Advanced Materials Inventory Turnover Calculation

CDTi Advanced Materials's Inventory Turnover for the fiscal year that ended in Dec. 2017 is calculated as

Inventory Turnover (A: Dec. 2017 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2017 ) / ((Total Inventories (A: Dec. 2016 ) + Total Inventories (A: Dec. 2017 )) / count )
=22.455 / ((7.125 + 2.647) / 2 )
=22.455 / 4.886
=4.60

CDTi Advanced Materials's Inventory Turnover for the quarter that ended in Sep. 2018 is calculated as

Inventory Turnover (Q: Sep. 2018 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Sep. 2018 ) / ((Total Inventories (Q: Jun. 2018 ) + Total Inventories (Q: Sep. 2018 )) / count )
=1.117 / ((1.126 + 1.383) / 2 )
=1.117 / 1.2545
=0.89

* 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 Inventory Turnover →
What does a Inventory Turnover of 0.89 mean?
CDTi Advanced Materials (CDTI) has a Inventory Turnover of 0.89 as of Sep. 2018. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on CDTi Advanced Materials and its competitors.
Is CDTi Advanced Materials' Inventory Turnover too high?
CDTi Advanced Materials' current Inventory Turnover is 0.89.
How does CDTi Advanced Materials' Inventory Turnover compare to CSHEF and AMTY?
CDTi Advanced Materials' Inventory Turnover of 0.89 can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for a Vehicles & Parts company?
A good Inventory Turnover depends on the Vehicles & Parts industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on CDTi Advanced Materials and its competitors. CDTi Advanced Materials's current Inventory Turnover is 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CDTi Advanced Materials stock overvalued right now?
CDTi Advanced Materials (CDTI) has a current Inventory Turnover of 0.89. The current Inventory Turnover is 0.89. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For CDTi Advanced Materials (CDTI), the current Inventory Turnover is 0.89 as of Sep. 2018. 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.

CDTi Advanced Materials Business Description

Address 1641 Fiske Place, Oxnard, CA, USA, 93033
CDTi Advanced Materials Inc is a catalyst and coating technology company. It provides catalyst and catalyst coating products and services to a broad array of end user markets. Its products are used by customers to reduce emissions, increase fuel efficiency and to support the development of decarbonization technologies. It is active in three main business areas Emission systems includes diesel particulate filters (DPF) and diesel oxidation catalysts, Fuel Borne Catalyst includes a range of fuel additive products for on and offroad vehicles and equipment powered by diesel engines. CDTi sells its FBC products to distributors both as CDTi branded products and as private label products.