GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cerro De Pasco Resources Inc (XCNQ:CDPR) » Definitions » Days Inventory

Cerro De Pasco Resources (XCNQ:CDPR) Days Inventory : 62.75 (As of Sep. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Cerro De Pasco Resources Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Cerro De Pasco Resources's Average Total Inventories for the three months ended in Sep. 2023 was C$3.18 Mil. Cerro De Pasco Resources's Cost of Goods Sold for the three months ended in Sep. 2023 was C$4.63 Mil. Hence, Cerro De Pasco Resources's Days Inventory for the three months ended in Sep. 2023 was 62.75.

The historical rank and industry rank for Cerro De Pasco Resources's Days Inventory or its related term are showing as below:

XCNQ:CDPR' s Days Inventory Range Over the Past 10 Years
Min: 20.33   Med: 104.39   Max: 188.06
Current: 20.33

During the past 13 years, Cerro De Pasco Resources's highest Days Inventory was 188.06. The lowest was 20.33. And the median was 104.39.

XCNQ:CDPR's Days Inventory is ranked better than
93.62% of 658 companies
in the Metals & Mining industry
Industry Median: 87.15 vs XCNQ:CDPR: 20.33

Cerro De Pasco Resources's Days Inventory increased from Sep. 2022 (21.16) to Sep. 2023 (62.75). It might indicate that Cerro De Pasco Resources's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Cerro De Pasco Resources's Inventory Turnover for the three months ended in Sep. 2023 was 1.45.

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. Cerro De Pasco Resources's Inventory-to-Revenue for the three months ended in Sep. 2023 was 2.03.


Cerro De Pasco Resources Days Inventory Historical Data

The historical data trend for Cerro De Pasco Resources'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.

Cerro De Pasco Resources Days Inventory Chart

Cerro De Pasco Resources Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 188.06 20.72

Cerro De Pasco Resources Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 21.16 16.62 15.53 18.11 62.75

Competitive Comparison of Cerro De Pasco Resources's Days Inventory

For the Other Industrial Metals & Mining subindustry, Cerro De Pasco Resources'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.


Cerro De Pasco Resources's Days Inventory Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Cerro De Pasco Resources's Days Inventory distribution charts can be found below:

* The bar in red indicates where Cerro De Pasco Resources's Days Inventory falls into.



Cerro De Pasco Resources Days Inventory Calculation

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

Cerro De Pasco Resources's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (2.991 + 3.461) / 2 ) / 56.822*365
=3.226 / 56.822*365
=20.72

Cerro De Pasco Resources'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: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (2.981 + 3.384) / 2 ) / 4.628*365 / 4
=3.1825 / 4.628*365 / 4
=62.75

* 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.


Cerro De Pasco Resources  (XCNQ:CDPR) 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.

Cerro De Pasco Resources's Inventory Turnover for the three months ended in Sep. 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.

Cerro De Pasco Resources's Inventory to Revenue for the three months ended in Sep. 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.


Cerro De Pasco Resources Days Inventory Related Terms

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


Cerro De Pasco Resources (XCNQ:CDPR) Business Description

Traded in Other Exchanges
Address
22, rue Lafleur Nord, Bureau 203, Saint-Sauveur, QC, CAN, J0R 1R0
Cerro De Pasco Resources Inc is engaged in acquiring and exploring mineral properties. It treats and reprocesses all dumps, tailings, mining waste, and material resources in the Cerro de Pasco Region in Peru. Its projects include the Quiulacocha tailings and Excelsior Stockpile.
Executives
Guy Goulet Director, Senior Officer

Cerro De Pasco Resources (XCNQ:CDPR) Headlines

No Headlines