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United States Lime & Minerals (United States Lime & Minerals) Days Inventory

: 52.11 (As of Dec. 2023)
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Days Inventory is also known as Days Sales of Inventory (DSI). United States Lime & Minerals's Average Total Inventories for the three months ended in Dec. 2023 was $24.0 Mil. United States Lime & Minerals's Cost of Goods Sold for the three months ended in Dec. 2023 was $42.1 Mil. Hence, United States Lime & Minerals's Days Inventory for the three months ended in Dec. 2023 was 52.11.

The historical rank and industry rank for United States Lime & Minerals's Days Inventory or its related term are showing as below:

USLM' s Days Inventory Range Over the Past 10 Years
Min: 38.19   Med: 43.36   Max: 50.33
Current: 45.84

During the past 13 years, United States Lime & Minerals's highest Days Inventory was 50.33. The lowest was 38.19. And the median was 43.36.

USLM's Days Inventory is ranked better than
77.72% of 368 companies
in the Building Materials industry
Industry Median: 83.315 vs USLM: 45.84

United States Lime & Minerals's Days Inventory increased from Dec. 2022 (40.94) to Dec. 2023 (52.11). It might indicate that United States Lime & Minerals's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. United States Lime & Minerals's Inventory Turnover for the three months ended in Dec. 2023 was 1.75.

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. United States Lime & Minerals's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.37.


United States Lime & Minerals Days Inventory Historical Data

The historical data trend for United States Lime & Minerals'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.

United States Lime & Minerals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 41.06 46.14 42.57 38.19 44.88

United States Lime & Minerals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 40.94 44.39 43.23 45.04 52.11

Competitive Comparison

For the Building Materials subindustry, United States Lime & Minerals'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.


United States Lime & Minerals Days Inventory Distribution

For the Building Materials industry and Basic Materials sector, United States Lime & Minerals's Days Inventory distribution charts can be found below:

* The bar in red indicates where United States Lime & Minerals's Days Inventory falls into.



United States Lime & Minerals Days Inventory Calculation

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

United States Lime & Minerals'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
=( (19.579 + 24.313) / 2 ) / 178.463*365
=21.946 / 178.463*365
=44.88

United States Lime & Minerals'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
=( (23.778 + 24.313) / 2 ) / 42.103*365 / 4
=24.0455 / 42.103*365 / 4
=52.11

* 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.


United States Lime & Minerals  (NAS:USLM) 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.

United States Lime & Minerals'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.

United States Lime & Minerals'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.


United States Lime & Minerals Days Inventory Related Terms

Thank you for viewing the detailed overview of United States Lime & Minerals's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


United States Lime & Minerals (United States Lime & Minerals) Business Description

Traded in Other Exchanges
Address
5429 LBJ Freeway, Suite 230, Dallas, TX, USA, 75240
United States Lime & Minerals Inc is engaged in the business of manufacturing lime and limestone products including PLS, quicklime, hydrated lime, and lime slurry. It supplies primarily to the construction (including highway, road, and building contractors), industrial (including paper and glass manufacturers), environmental (including municipal sanitation and water treatment facilities and flue gas treatment processes), metals (including steel producers), oil and gas services, roof shingle manufacturers and agriculture (including poultry and cattle feed producers) industries. The company operates lime and limestone plants and distribution facilities in Arkansas, Colorado, Louisiana, Missouri, Oklahoma, and Texas.
Executives
Timothy Wade Stone other: Director - Sales & Marketing 5429 LBJ FREEWAY; SUITE 230, DALLAS TX 75240
Sandra C Duhe director 5429 LBJ FREEWAY; SUITE 230, DALLAS TX 75240
Timothy W Byrne director, officer: President & CEO 5429 LBJ FREEWAY, SUITE 230, DALLAS TX 75240
Nathan O'neill officer: Vice President 5429 LBJ FRWY; STE 230, DALLAS TX 75240
Bill Hughes officer: Senior Vice President 5429 LBJ FREEWAY, SUITE 230, DALLAS TX 75240
Hawkins Tom S Jr director 5429 LBJ FREEWAY; SUITE 230, DALLAS TX 75420
John J Gagnon officer: Vice President 5429 LBJ FREEWAY; SUITE 230, DALLAS TX 75240
Inberdon Enterprises Ltd 10 percent owner 1020 789 WEST PENDER ST, VANCOUVER A1 00000
Edward A Odishaw director 5429 LBJ FREEWAY, SUITE 230, DALLAS TX 75240
George Michel Doumet 10 percent owner #2201 - 2077 NELSON STREET, VANCOUVER A1 V6G 2Y2
Richard W Cardin director 5429 LBJ FREEWAY, SUITE 230, DALLAS TX 75240
Ray M Harlin director
Michael L Wiedemer officer: VP & CFO 5429 LBJ FREEWAY, SUITE 230, DALLAS TX 75240
M Michael Owens officer: Vice President 5429 LBJ FREEWAY STE 230, DALLAS TX 75240
David Leymeister officer: Vice President 5711 PRESTON OAKS ROAD, #1433, DALLAS TX 75254

United States Lime & Minerals (United States Lime & Minerals) Headlines

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