Caravelle International Group (Caravelle International Group) Days Inventory : 0.00 (As of Apr. 2023)

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What is Caravelle International Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Caravelle International Group's Average Total Inventories for the six months ended in Apr. 2023 was $0.0 Mil. Caravelle International Group's Cost of Goods Sold for the six months ended in Apr. 2023 was $41.7 Mil. Hence, Caravelle International Group's Days Inventory for the six months ended in Apr. 2023 was 0.00.

The historical rank and industry rank for Caravelle International Group's Days Inventory or its related term are showing as below:

CACO's Days Inventory is not ranked ^*
in the Transportation industry.
Industry Median: 11.44
* Ranked among companies with meaningful Days Inventory only.

Caravelle International Group's Days Inventory stayed the same from Apr. 2022 (0.00) to Apr. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. Caravelle International Group's Inventory-to-Revenue for the six months ended in Apr. 2023 was 0.00.

Caravelle International Group Days Inventory Historical Data

The historical data trend for Caravelle International Group'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.

Caravelle International Group Days Inventory Chart

Caravelle International Group Annual Data

Trend

Oct20

Oct21

Oct22

Days Inventory

Caravelle International Group Semi-Annual Data
	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23
Days Inventory	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Caravelle International Group's Days Inventory

For the Marine Shipping subindustry, Caravelle International Group'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.

Caravelle International Group's Days Inventory Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Caravelle International Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Caravelle International Group's Days Inventory falls into.

Caravelle International Group Days Inventory Calculation

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

Caravelle International Group's Days Inventory for the fiscal year that ended in Oct. 2022 is calculated as

	Days Inventory (A: Oct. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Oct. 2021 )	+	Total Inventories (A: Oct. 2022 ))	/	count )	/	Cost of Goods Sold (A: Oct. 2022 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	158.503	*	365
=	0					/	158.503	*	365
=	0.00

Caravelle International Group's Days Inventory for the quarter that ended in Apr. 2023 is calculated as:

	Days Inventory (Q: Apr. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Oct. 2022 )	+	Total Inventories (Q: Apr. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Apr. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	41.714	*	365 / 2
=	0					/	41.714	*	365 / 2
=	0.00

Caravelle International Group (NAS:CACO) 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.

Caravelle International Group's Inventory Turnover for the six months ended in Apr. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	41.714	/	0
	=

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.

Caravelle International Group's Inventory to Revenue for the six months ended in Apr. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	45.102
	=	0.00

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.

Caravelle International Group Days Inventory Related Terms

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Caravelle International Group (Caravelle International Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Caravelle International Group (NAS:CACO) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

60 Paya Lebar Road, No. 06-17 Paya Lebar Square, Singapore, SGP, 409051

Website

http://www.caravelleglobal.com

Caravelle International Group is an international operator of ocean transportation services. It is engaged in the seaborne transportation service under voyage contracts as well as vessel service for and on behalf of ship owners. The company has two operating segments namely, ocean transport and Heating business. The company derives the majority of its revenue from the Ocean transportation business. The company primarily derives freight revenue from voyage contracts and provides vessel service.