Monarch Cement Co (Monarch Cement Co) Days Inventory : 106.24 (As of Sep. 2023)

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

What is Monarch Cement Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Monarch Cement Co's Average Total Inventories for the three months ended in Sep. 2023 was $53.07 Mil. Monarch Cement Co's Cost of Goods Sold for the three months ended in Sep. 2023 was $45.59 Mil. Hence, Monarch Cement Co's Days Inventory for the three months ended in Sep. 2023 was 106.24.

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

MCEM' s Days Inventory Range Over the Past 10 Years
Min: 84.66 Med: 103.6 Max: 424.95
Current: 424.95

During the past 13 years, Monarch Cement Co's highest Days Inventory was 424.95. The lowest was 84.66. And the median was 103.60.

MCEM's Days Inventory is ranked worse than
94.28% of 367 companies
in the Building Materials industry
Industry Median: 83.41 vs MCEM: 424.95

Monarch Cement Co's Days Inventory increased from Dec. 2017 (97.95) to Sep. 2023 (106.24). It might indicate that Monarch Cement Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Monarch Cement Co's Inventory Turnover for the three months ended in Sep. 2023 was 0.86.

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. Monarch Cement Co's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.73.

Monarch Cement Co Days Inventory Historical Data

The historical data trend for Monarch Cement Co'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.

Monarch Cement Co Days Inventory Chart

Monarch Cement Co Annual Data

Trend

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Days Inventory

Get a 7-Day Free Trial

109.43

98.85

104.12

102.57

103.08

Monarch Cement Co Quarterly Data
	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep22	Sep23
Days Inventory	Get a 7-Day Free Trial															97.95	128.49	101.07	70.24	106.24

Competitive Comparison of Monarch Cement Co's Days Inventory

For the Building Materials subindustry, Monarch Cement Co'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.

Monarch Cement Co's Days Inventory Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Monarch Cement Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Monarch Cement Co's Days Inventory falls into.

Monarch Cement Co Days Inventory Calculation

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

Monarch Cement Co's Days Inventory for the fiscal year that ended in Dec. 2017 is calculated as

	Days Inventory (A: Dec. 2017 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2016 )	+	Total Inventories (A: Dec. 2017 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2017 )	*	Days in Period
=	( (33.341	+	33.902)	/	2 )	/	119.053	*	365
=	33.6215					/	119.053	*	365
=	103.08

Monarch Cement Co'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: Sep. 2022 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0	+	53.072)	/	1 )	/	45.585	*	365 / 4
=	53.072					/	45.585	*	365 / 4
=	106.24

Monarch Cement Co (OTCPK:MCEM) 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.

Monarch Cement Co's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	45.585	/	53.072
	=	0.86

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.

Monarch Cement Co's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	53.072	/	72.699
	=	0.73

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.

Monarch Cement Co Days Inventory Related Terms

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

Monarch Cement Co (Monarch Cement Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Monarch Cement Co (OTCPK:MCEM) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

449 1200 Street, P.O. Box 1000, Humboldt, KS, USA, 66748-0900

Website

https://www.monarchcement.com

Monarch Cement Co is principally engaged in the manufacture and sale of portland cement. The company's subsidiaries together are engaged in the ready-mixed concrete, concrete products, and sundry building materials business. Ready-mixed concrete is manufactured by combining aggregates with portland cement, water and chemical admixtures in batch plants. It is then loaded into mixer trucks and mixed in transit to the construction site where it is delivered to the contractor. The company groups its operations into two lines of business: Cement Business and Ready-Mixed Concrete Business, of which key revenue is derived from the Cement business segment.

Monarch Cement Co (Monarch Cement Co) Headlines

From GuruFocus

Monarch Cement: No Moat

By Mark Lin Mark Lin • 12-05-2012