Colt CZ Group SE (XPRA:CZG) Days Inventory : 323.01 (As of Sep. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Colt CZ Group SE Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Colt CZ Group SE's Average Total Inventories for the three months ended in Sep. 2023 was Kč4,976 Mil. Colt CZ Group SE's Cost of Goods Sold for the three months ended in Sep. 2023 was Kč1,406 Mil. Hence, Colt CZ Group SE's Days Inventory for the three months ended in Sep. 2023 was 323.01.

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

XPRA:CZG' s Days Inventory Range Over the Past 10 Years
Min: 155.41 Med: 208.35 Max: 352.39
Current: 230.28

During the past 6 years, Colt CZ Group SE's highest Days Inventory was 352.39. The lowest was 155.41. And the median was 208.35.

XPRA:CZG's Days Inventory is ranked worse than
69.55% of 289 companies
in the Aerospace & Defense industry
Industry Median: 142.68 vs XPRA:CZG: 230.28

Colt CZ Group SE's Days Inventory increased from Sep. 2022 (270.08) to Sep. 2023 (323.01). It might indicate that Colt CZ Group SE's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Colt CZ Group SE's Inventory Turnover for the three months ended in Sep. 2023 was 0.28.

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. Colt CZ Group SE's Inventory-to-Revenue for the three months ended in Sep. 2023 was 1.63.

Colt CZ Group SE Days Inventory Historical Data

The historical data trend for Colt CZ Group SE'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.

Colt CZ Group SE Days Inventory Chart

Colt CZ Group SE Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

Get a 7-Day Free Trial

256.40

231.26

185.44

155.41

173.91

Colt CZ Group SE Quarterly Data
	Dec17	Dec18	Jun19	Sep19	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Inventory	Get a 7-Day Free Trial														270.08	143.84	309.28	207.56	323.01

Competitive Comparison of Colt CZ Group SE's Days Inventory

For the Aerospace & Defense subindustry, Colt CZ Group SE'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.

Colt CZ Group SE's Days Inventory Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Colt CZ Group SE's Days Inventory distribution charts can be found below:

* The bar in red indicates where Colt CZ Group SE's Days Inventory falls into.

Colt CZ Group SE Days Inventory Calculation

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

Colt CZ Group SE'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
=	( (2840.06	+	3763.698)	/	2 )	/	6929.961	*	365
=	3301.879					/	6929.961	*	365
=	173.91

Colt CZ Group SE'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
=	( (4448.434	+	5503.072)	/	2 )	/	1405.659	*	365 / 4
=	4975.753					/	1405.659	*	365 / 4
=	323.01

Colt CZ Group SE (XPRA:CZG) 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.

Colt CZ Group SE's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1405.659	/	4975.753
	=	0.28

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.

Colt CZ Group SE's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	4975.753	/	3050.31
	=	1.63

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.

Colt CZ Group SE Days Inventory Related Terms

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

Colt CZ Group SE (XPRA:CZG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Colt CZ Group SE (XPRA:CZG) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

CZGZF:USA 6QS:Germany

Address

Opletalova 1284/37, Praha 1, Nove Mesto, Prague, CZE, 110 00

Website

https://www.coltczgroup.com

Colt CZ Group SE is engaged in the defense sector. The company is a producer of firearms for military and law enforcement, personal defense, hunting, sport shooting, and other civilian use. The firm's operating segments are Production, purchase, and sale of firearms and accessories which contributes the majority of revenue and other segments.

Colt CZ Group SE (XPRA:CZG) Headlines

No Headlines