Canam Group (Canam Group) Days Inventory : 31.53 (As of Mar. 2017)

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

What is Canam Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Canam Group's Average Total Inventories for the three months ended in Mar. 2017 was $109 Mil. Canam Group's Cost of Goods Sold for the three months ended in Mar. 2017 was $314 Mil. Hence, Canam Group's Days Inventory for the three months ended in Mar. 2017 was 31.53.

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

CNMGF's Days Inventory is not ranked ^*
in the Steel industry.
Industry Median: 85.62
* Ranked among companies with meaningful Days Inventory only.

Canam Group's Days Inventory declined from Mar. 2016 (35.42) to Mar. 2017 (31.53).

Inventory Turnover measures how fast the company turns over its inventory within a year. Canam Group's Inventory Turnover for the three months ended in Mar. 2017 was 2.89.

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. Canam Group's Inventory-to-Revenue for the three months ended in Mar. 2017 was 0.31.

Canam Group Days Inventory Historical Data

The historical data trend for Canam 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.

Canam Group Days Inventory Chart

Canam Group Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Days Inventory

Get a 7-Day Free Trial

52.64

49.42

47.88

46.85

32.76

Canam Group Quarterly Data
	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17
Days Inventory	Get a 7-Day Free Trial															35.42	28.99	30.25	29.85	31.53

Competitive Comparison of Canam Group's Days Inventory

For the Steel subindustry, Canam 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.

Canam Group's Days Inventory Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Canam Group's Days Inventory distribution charts can be found below:

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

Canam Group Days Inventory Calculation

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

Canam Group's Days Inventory for the fiscal year that ended in Dec. 2016 is calculated as

	Days Inventory (A: Dec. 2016 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2015 )	+	Total Inventories (A: Dec. 2016 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2016 )	*	Days in Period
=	( (121.66	+	108.405)	/	2 )	/	1281.477	*	365
=	115.0325					/	1281.477	*	365
=	32.76

Canam Group's Days Inventory for the quarter that ended in Mar. 2017 is calculated as:

	Days Inventory (Q: Mar. 2017 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2016 )	+	Total Inventories (Q: Mar. 2017 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2017 )	*	Days in Period
=	( (108.405	+	108.777)	/	2 )	/	314.281	*	365 / 4
=	108.591					/	314.281	*	365 / 4
=	31.53

Canam Group (OTCPK:CNMGF) 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.

Canam Group's Inventory Turnover for the three months ended in Mar. 2017 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	314.281	/	108.591
	=	2.89

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.

Canam Group's Inventory to Revenue for the three months ended in Mar. 2017 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	108.591	/	346.195
	=	0.31

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.

Canam Group Days Inventory Related Terms

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

Canam Group (Canam Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Canam Group Inc (OTCPK:CNMGF) » Definitions » Days Inventory

Traded in Other Exchanges

N/A

Address

Website

https://www.groupecanam.com

Canam Group Inc is a fabricator of steel components for the construction industry in North America. It provides designing construction solutions and fabricating customized products for the construction of buildings, structural steel, and bridges. It provides services from preconstruction phase to project management, including the erection of structural steel components. The company earns revenue from the sale of steel components for commercial, industrial, institutional and multi-residential, industrial, commercial and institutional and infrastructure projects.

Canam Group (Canam Group) Headlines

No Headlines