Cellebrite DI (Cellebrite DI) Inventory Turnover : 1.38 (As of Mar. 2024)

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What is Cellebrite DI Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Cellebrite DI's Cost of Goods Sold for the three months ended in Mar. 2024 was $13.3 Mil. Cellebrite DI's Average Total Inventories for the quarter that ended in Mar. 2024 was $9.6 Mil. Cellebrite DI's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.38.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cellebrite DI's Days Inventory for the three months ended in Mar. 2024 was 66.04.

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. Cellebrite DI's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.11.

Cellebrite DI Inventory Turnover Historical Data

The historical data trend for Cellebrite DI's Inventory Turnover 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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Cellebrite DI Inventory Turnover Chart

Cellebrite DI Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

9.05

8.69

7.56

6.08

5.29

Cellebrite DI Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial												1.15	1.17	1.17	1.41	1.38

Cellebrite DI Inventory Turnover Calculation

Cellebrite DI's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	53.231	/ (	(10.176	+	9.94)	/	2 )
=	53.231	/	10.058
=	5.29

Cellebrite DI's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	13.264	/ (	(9.94	+	9.259)	/	2 )
=	13.264	/	9.5995
=	1.38

Cellebrite DI (NAS:CLBT) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Cellebrite DI's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	9.5995	/	13.264	*	365 / 4
	=	66.04

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.

Cellebrite DI's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	9.5995	/	89.582
	=	0.11

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Cellebrite DI Inventory Turnover Related Terms

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Cellebrite DI (Cellebrite DI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cellebrite DI Ltd (NAS:CLBT) » Definitions » Inventory Turnover

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Traded in Other Exchanges

N/A

Address

94 Shlomo Shmelzer Road, P.O. Box 3925, Petah Tikva, ISR, 4970602

Website

https://www.cellebrite.com

Cellebrite DI Ltd is an Israeli digital intelligence company that provides tools for federal, state, and local law enforcement as well as enterprise companies and service providers to collect, review, analyze and manage digital data. Some of its products include Cellebrite UFED, Cellebrite Physical Analyzer, Cellebrite UFED Cloud, Cellebrite Frontliner, Cellebrite Responder, Cellebrite Premium, and Cellebrite Seeker.