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CMOC Group (FRA:D7N) Days Inventory : 66.15 (As of Dec. 2023)


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What is CMOC Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). CMOC Group's Average Total Inventories for the three months ended in Dec. 2023 was €4,257 Mil. CMOC Group's Cost of Goods Sold for the three months ended in Dec. 2023 was €5,872 Mil. Hence, CMOC Group's Days Inventory for the three months ended in Dec. 2023 was 66.15.

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

FRA:D7N' s Days Inventory Range Over the Past 10 Years
Min: 54.97   Med: 72.26   Max: 225.68
Current: 69.95

During the past 13 years, CMOC Group's highest Days Inventory was 225.68. The lowest was 54.97. And the median was 72.26.

FRA:D7N's Days Inventory is ranked better than
62.16% of 658 companies
in the Metals & Mining industry
Industry Median: 87.15 vs FRA:D7N: 69.95

CMOC Group's Days Inventory declined from Dec. 2022 (77.22) to Dec. 2023 (66.15).

Inventory Turnover measures how fast the company turns over its inventory within a year. CMOC Group's Inventory Turnover for the three months ended in Dec. 2023 was 1.38.

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. CMOC Group's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.61.


CMOC Group Days Inventory Historical Data

The historical data trend for CMOC 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.

CMOC Group Days Inventory Chart

CMOC Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.98 73.90 53.42 69.69 71.02

CMOC Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only 66.31 71.88 78.41 66.15 71.68

Competitive Comparison of CMOC Group's Days Inventory

For the Other Industrial Metals & Mining subindustry, CMOC 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.


CMOC Group's Days Inventory Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, CMOC Group's Days Inventory distribution charts can be found below:

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



CMOC Group Days Inventory Calculation

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

CMOC Group'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
=( (4367.437 + 4036.549) / 2 ) / 21596.184*365
=4201.993 / 21596.184*365
=71.02

CMOC Group'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
=( (4477.441 + 4036.549) / 2 ) / 5872.323*365 / 4
=4256.995 / 5872.323*365 / 4
=66.15

* 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.


CMOC Group  (FRA:D7N) 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.

CMOC Group's Inventory Turnover for the three months ended in Dec. 2023 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.

CMOC Group's Inventory to Revenue for the three months 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.


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.


CMOC Group Days Inventory Related Terms

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


CMOC Group (FRA:D7N) Business Description

Address
North of Yihe, Huamei Shan Road, Chengdong New District, Luanchuan County, Henan Province, Luoyang, CHN, 471500
CMOC Group Ltd is engaged in the mining and processing smelting, deep processing, trade, research, and development of molybdenum, tungsten, copper, gold, and other precious and base metals. The company has both upstream and downstream operations including molybdenum mining, processing, roasting, molybdenum chemical products, and molybdenum metal processing. The company has operating segments, namely Molybdenum Tungsten-related products, Copper and gold-related products, Niobium and Phosphorus-related products, Copper and Cobalt-related products, metal trading, and others. It derives a majority of its revenue from China.

CMOC Group (FRA:D7N) Headlines

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