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Clear Blue Technologies International (Clear Blue Technologies International) Days Inventory : 205.68 (As of Sep. 2023)


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What is Clear Blue Technologies International Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Clear Blue Technologies International's Average Total Inventories for the three months ended in Sep. 2023 was $2.37 Mil. Clear Blue Technologies International's Cost of Goods Sold for the three months ended in Sep. 2023 was $1.05 Mil. Hence, Clear Blue Technologies International's Days Inventory for the three months ended in Sep. 2023 was 205.68.

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

CBUTF' s Days Inventory Range Over the Past 10 Years
Min: 137.23   Med: 165.45   Max: 715.6
Current: 534.86

During the past 7 years, Clear Blue Technologies International's highest Days Inventory was 715.60. The lowest was 137.23. And the median was 165.45.

CBUTF's Days Inventory is ranked worse than
94.69% of 942 companies
in the Semiconductors industry
Industry Median: 130.435 vs CBUTF: 534.86

Clear Blue Technologies International's Days Inventory declined from Sep. 2022 (906.70) to Sep. 2023 (205.68).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Clear Blue Technologies International's Inventory Turnover for the three months ended in Sep. 2023 was 0.44.

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. Clear Blue Technologies International's Inventory-to-Revenue for the three months ended in Sep. 2023 was 1.41.


Clear Blue Technologies International Days Inventory Historical Data

The historical data trend for Clear Blue Technologies International'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.

Clear Blue Technologies International Days Inventory Chart

Clear Blue Technologies International Annual Data
Trend Dec16 Apr17 Apr18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial - 137.23 177.16 151.58 738.43

Clear Blue Technologies International Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Days Inventory 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 906.70 2,545.42 1,740.06 656.56 205.68

Competitive Comparison of Clear Blue Technologies International's Days Inventory

For the Solar subindustry, Clear Blue Technologies International'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.


Clear Blue Technologies International's Days Inventory Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Clear Blue Technologies International's Days Inventory distribution charts can be found below:

* The bar in red indicates where Clear Blue Technologies International's Days Inventory falls into.



Clear Blue Technologies International Days Inventory Calculation

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

Clear Blue Technologies International's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (2.613 + 2.295) / 2 ) / 1.213*365
=2.454 / 1.213*365
=738.43

Clear Blue Technologies International's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0 + 2.369) / 1 ) / 1.051*365 / 4
=2.369 / 1.051*365 / 4
=205.68

* 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.


Clear Blue Technologies International  (OTCPK:CBUTF) 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.

Clear Blue Technologies International's Inventory Turnover for the three months ended in Sep. 2023 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.

Clear Blue Technologies International's Inventory to Revenue for the three months ended in Sep. 2023 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.


Clear Blue Technologies International Days Inventory Related Terms

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


Clear Blue Technologies International (Clear Blue Technologies International) Business Description

Traded in Other Exchanges
Address
30 Lesmill Road, Unit 7, Toronto, ON, CAN, M3B 2T6
Clear Blue Technologies International Inc is engaged in the business of developing and selling Smart Off-Grid power solutions and management services to the power, control, monitor, manage, and proactively service solar and hybrid-powered systems such as street lights, security systems, telecommunications systems, emergency power, and Internet of Things (IoT) devices. The Company operates in three geographical areas: Canada, the United States of America, and the Middle East, and Africa.