Days Inventory is also known as Days Sales of Inventory (DSI). Cheche Group's Average Total Inventories for the
six
months ended in Dec. 2022 was $0.0 Mil. Cheche Group's Cost of Goods Sold for the
six
months ended in Dec. 2022 was $206.8 Mil.
Hence, Cheche Group's Days Inventory for the
six
months ended in Dec. 2022 was 0.00.
The historical rank and industry rank for Cheche Group's Days Inventory or its related term are showing as below:
CCG's Days Inventory is not ranked *
in the Interactive Media industry.
Industry Median: 17.565 * Ranked among companies with meaningful Days Inventory only.
Cheche Group's Days Inventory
stayed the same
from Dec. 2021 (0.00) to Dec. 2022 (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.
Cheche Group's Inventory-to-Revenue for the
six
months ended in Dec. 2022 was 0.00.
Cheche Group Days Inventory Historical Data
The historical data trend for Cheche 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.
Cheche Group Days Inventory Chart
Cheche Group Annual Data
Trend
Dec21
Dec22
Dec23
Days Inventory
-
-
-
Cheche Group Semi-Annual Data
Jun21
Dec21
Jun22
Dec22
Dec23
Days Inventory
-
-
-
-
-
Competitive Comparison of Cheche Group's Days Inventory
For the Internet Content & Information subindustry, Cheche 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.
Cheche Group's Days Inventory Distribution in the Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Cheche Group's Days Inventory distribution charts can be found below:
* The bar in red indicates where Cheche Group's Days Inventory falls into.
Cheche Group Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Cheche Group's Days Inventory for the fiscal year that ended in Dec. 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.
Cheche Group (NAS:CCG) 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.
Cheche Group's Inventory Turnover for the
six
months ended in Dec. 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.
Cheche Group's Inventory to Revenue for the
six
months ended in Dec. 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.
Cheche Group Days Inventory Related Terms
Thank you for viewing the detailed overview of Cheche Group's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Cheche Group Inc is an insurtech company. It is China's independent technology-empowered platform for auto insurance transaction services by digital auto insurance transaction premiums and insurance technology companies. The company has reshaped the traditional auto insurance distribution and services value chain to create a digital platform by improving operational efficiencies, reducing transaction costs, and expanding distribution channels. Its business scope ranges from digital insurance transactions, SaaS platforms for insurance intermediaries, AI-driven insurance pricing and underwriting services, auto insurance services for new energy vehicle (NEV) manufacturers, green auto insurance innovations, etc.
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