Cyngn (CYN) Days Inventory : 0.00 (As of Dec. 2023)

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What is Cyngn Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Cyngn's Average Total Inventories for the three months ended in Dec. 2023 was $0.00 Mil. Cyngn's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.10 Mil. Hence, Cyngn's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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

CYN' s Days Inventory Range Over the Past 10 Years
Min: 20.01 Med: 75.4 Max: 130.78
Current: 20.01

During the past 5 years, Cyngn's highest Days Inventory was 130.78. The lowest was 20.01. And the median was 75.40.

CYN's Days Inventory is ranked worse than
50.48% of 1565 companies
in the Software industry
Industry Median: 19.61 vs CYN: 20.01

Cyngn's Days Inventory declined from Dec. 2022 (32.69) to Dec. 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. Cyngn's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.00.

Cyngn Days Inventory Historical Data

The historical data trend for Cyngn'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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Cyngn Days Inventory Chart

Cyngn Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

130.78

20.01

Cyngn Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial											32.69	9.91	-	-	-

Competitive Comparison of Cyngn's Days Inventory

For the Software - Application subindustry, Cyngn'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.

Cyngn's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, Cyngn's Days Inventory distribution charts can be found below:

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

Cyngn Days Inventory Calculation

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

Cyngn'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
=	( (0.067	+	0)	/	1 )	/	1.222	*	365
=	0.067					/	1.222	*	365
=	20.01

Cyngn'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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.1	*	365 / 4
=	0					/	0.1	*	365 / 4
=	0.00

Cyngn (NAS:CYN) 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.

Cyngn's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.1	/	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.

Cyngn's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.04
	=	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.

Cyngn Days Inventory Related Terms

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

Cyngn (CYN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cyngn Inc (NAS:CYN) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1015 O’Brien Drive, Menlo Park, CA, USA, 94025

Website

https://www.cyngn.com

Cyngn Inc an industrial autonomous vehicle technology company. Its flagship innovation is DriveMod, an autonomous driving solution that can be flexibly deployed on multiple vehicle types in various environments.

Executives

Karen M Macleod	director	C/O TRACK GROUP, INC., 200 E 5TH AVENUE STE 100, NAPERVILLE IL 60563
Redpoint Associates Iv, Llc	10 percent owner	3000 SAND HILL ROAD, BUILDING 2, SUITE 290, MENLO PARK CA 94025
Andreessen Horowitz Fund Iii-q, L.p.	10 percent owner	2865 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Andreessen Horowitz Fund Iii, L.p.	10 percent owner	2865 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Andreessen Horowitz Fund Iii-b, L.p.	10 percent owner	2865 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Andreessen Horowitz Fund Iii-a, L.p.	10 percent owner	2865 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Ah Equity Partners Iii, L.l.c.	10 percent owner	2865 SAND HILL ROAD, SUITE 101, MENLO PARK CA 94025
Redpoint Ventures Iv, Llc	10 percent owner	3000 SAND HILL ROAD, BUILDING 2, SUITE 290, MENLO PARK CA 94025
Redpoint Ventures Iv, L.p.	10 percent owner	3000 SAND HILL ROAD, BUILDING 2, SUITE 290, MENLO PARK CA 94025
Benchmark Capital Partners Vii, L.p.	10 percent owner	2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Benchmark Founders' Fund Vii, L.p.	10 percent owner	2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Benchmark Founders' Fund Vii-b, L.p.	10 percent owner	2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
James Mcdonnell	director	6001 36TH AVE WEST, EVERETT WA 98203-1264
Donald Alvarez	officer: Chief Financial Officer	1015 O'BRIEN DRIVE, MENLO PARK CA 94025
Cunningham Colleen	director	1015 O'BRIEN DRIVE, MENLO PARK CA 94025