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CIFR (Cipher Mining) Days Inventory : 226.08 (As of Mar. 2025)


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What is Cipher Mining Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Cipher Mining's Average Total Inventories for the three months ended in Mar. 2025 was $72.3 Mil. Cipher Mining's Cost of Goods Sold for the three months ended in Mar. 2025 was $29.2 Mil. Hence, Cipher Mining's Days Inventory for the three months ended in Mar. 2025 was 226.08.

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

CIFR' s Days Inventory Range Over the Past 10 Years
Min: 66.52   Med: 186.16   Max: 3065.9
Current: 294.06

During the past 4 years, Cipher Mining's highest Days Inventory was 3065.90. The lowest was 66.52. And the median was 186.16.

CIFR's Days Inventory is ranked worse than
73.99% of 223 companies
in the Capital Markets industry
Industry Median: 59.01 vs CIFR: 294.06

Cipher Mining's Days Inventory declined from Mar. 2024 (255.98) to Mar. 2025 (226.08).

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. Cipher Mining's Inventory Turnover for the three months ended in Mar. 2025 was 0.40.

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. Cipher Mining's Inventory-to-Revenue for the three months ended in Mar. 2025 was 1.48.


Cipher Mining Days Inventory Historical Data

The historical data trend for Cipher Mining'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.

Cipher Mining Days Inventory Chart

Cipher Mining Annual Data
Trend Jan21 Dec22 Dec23 Dec24
Days Inventory
- 3,065.90 66.52 186.16

Cipher Mining Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 255.98 390.16 357.54 245.65 226.08

Competitive Comparison of Cipher Mining's Days Inventory

For the Capital Markets subindustry, Cipher Mining'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.


Cipher Mining's Days Inventory Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Cipher Mining's Days Inventory distribution charts can be found below:

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


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Cipher Mining Days Inventory Calculation

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

Cipher Mining's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (32.978 + 92.651) / 2 ) / 123.16*365
=62.8145 / 123.16*365
=186.16

Cipher Mining's Days Inventory for the quarter that ended in Mar. 2025 is calculated as:

Days Inventory (Q: Mar. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2024 ) + Total Inventories (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (92.651 + 52.024) / 2 ) / 29.197*365 / 4
=72.3375 / 29.197*365 / 4
=226.08

* 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.


Cipher Mining  (NAS:CIFR) 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.

Cipher Mining's Inventory Turnover for the three months ended in Mar. 2025 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.

Cipher Mining's Inventory to Revenue for the three months ended in Mar. 2025 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.


Cipher Mining Days Inventory Related Terms

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


Cipher Mining Business Description

Traded in Other Exchanges
Address
1 Vanderbilt Avenue, Floor 54, Suite C, New York, NY, USA, 10017
Cipher Mining Inc ia an emerging technology company that operates in the Bitcoin mining ecosystem in the United States. The company is developing a cryptocurrency mining business, specializing in Bitcoin. The company is expanding and strengthening the Bitcoin network's critical infrastructure in the United States.
Executives
Bitfury Top Holdco B.v. 10 percent owner STRAWINSKYLAAN 3051, AMSTERDAM, NOORD-HOLLAND P7 1077 ZX
Patrick Arthur Kelly officer: Chief Operating Officer C/O CIPHER MINING INC., 1 VANDERBILT AVENUE, FLOOR 54, SUITE C, NEW YORK NY 10017
William Iwaschuk officer: Chief Legal Officer C/O CIPHER MINING INC., 1 VANDERBILT AVENUE, FLOOR 54, SUITE C, NEW YORK NY 10017
Cary M Grossman director
Robert Flatley director C/O CIPHER MINING INC., 1 VANDERBILT AVENUE, FLOOR 54, SUITE C, NEW YORK NY 10017
Tyler Page director, officer: Chief Executive Officer C/O CIPHER MINING INC., 1 VANDERBILT AVENUE, FLOOR 54, SUITE C, RYE NY 10017
Dykes Robert R B director C/O CIPHER MINING INC., 1 VANDERBILT AVENUE, FLOOR 54, SUITE C, NEW YORK NY 10017
James E Newsome director C/O CIPHER MINING INC., 1 VANDERBILT AVENUE, FLOOR 54, SUITE C, NEW YORK NY 10017
Bitfury Group Ltd 10 percent owner STRAWINSKYLAAN 3051, AMSTERDAM, NOORD-HOLLAND P7 1077 ZX
Bitfury Holding B.v. 10 percent owner STRAWINSKYLAAN 3051, AMSTERDAM, NOORD-HOLLAND P7 1077 ZX
V3 Holding Ltd 10 percent owner C/O CIPHER MINING INC., 222 PURCHASE STREET, SUITE #290, RYE NY 10580
Valerijis Vavilovs 10 percent owner C/O CIPHER MINING INC., 222 PURCHASE STREET, SUITE #290, RYE NY 10580
Holly Morrow Evans director C/O CIPHER MINING INC., 1 VANDERBILT AVENUE, FLOOR 54, SUITE C, NEW YORK NY 10017
Caitlin Long director C/O CIPHER MINING INC., 1 VANDERBILT AVENUE, FLOOR 54, SUITE C, NEW YORK NY 10017
Wesley Hastie Williams director C/O CIPHER MINING INC., 1 VANDERBILT AVENUE, FLOOR 54, SUITE C, NEW YORK NY 10017