CIMIC Group (CIMIC Group) Days Inventory : 38.82 (As of Dec. 2021)

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What is CIMIC Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). CIMIC Group's Average Total Inventories for the six months ended in Dec. 2021 was $162 Mil. CIMIC Group's Cost of Goods Sold for the six months ended in Dec. 2021 was $763 Mil. Hence, CIMIC Group's Days Inventory for the six months ended in Dec. 2021 was 38.82.

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

LGTHF's Days Inventory is not ranked ^*
in the Construction industry.
Industry Median: 48.6
* Ranked among companies with meaningful Days Inventory only.

CIMIC Group's Days Inventory declined from Dec. 2020 (60.68) to Dec. 2021 (38.82).

Inventory Turnover measures how fast the company turns over its inventory within a year. CIMIC Group's Inventory Turnover for the six months ended in Dec. 2021 was 4.70.

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. CIMIC Group's Inventory-to-Revenue for the six months ended in Dec. 2021 was 0.04.

CIMIC Group Days Inventory Historical Data

The historical data trend for CIMIC 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.

CIMIC Group Days Inventory Chart

CIMIC Group Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Days Inventory

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30.12

34.61

49.54

53.74

40.97

CIMIC Group Semi-Annual Data
	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21
Days Inventory	Get a 7-Day Free Trial															49.79	73.91	60.68	42.40	38.82

Competitive Comparison of CIMIC Group's Days Inventory

For the Engineering & Construction subindustry, CIMIC 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.

CIMIC Group's Days Inventory Distribution in the Construction Industry

For the Construction industry and Industrials sector, CIMIC Group's Days Inventory distribution charts can be found below:

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

CIMIC Group Days Inventory Calculation

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

CIMIC Group's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

	Days Inventory (A: Dec. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2021 )	*	Days in Period
=	( (139.458	+	166.237)	/	2 )	/	1361.802	*	365
=	152.8475					/	1361.802	*	365
=	40.97

CIMIC Group's Days Inventory for the quarter that ended in Dec. 2021 is calculated as:

	Days Inventory (Q: Dec. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2021 )	+	Total Inventories (Q: Dec. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2021 )	*	Days in Period
=	( (158.18	+	166.237)	/	2 )	/	762.518	*	365 / 2
=	162.2085					/	762.518	*	365 / 2
=	38.82

CIMIC Group (OTCPK:LGTHF) 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.

CIMIC Group's Inventory Turnover for the six months ended in Dec. 2021 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	762.518	/	162.2085
	=	4.70

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.

CIMIC Group's Inventory to Revenue for the six months ended in Dec. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	162.2085	/	3641.416
	=	0.04

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.

CIMIC Group Days Inventory Related Terms

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CIMIC Group (CIMIC Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » CIMIC Group Ltd (OTCPK:LGTHF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

177 Pacific Highway, Level 25, North Sydney, Sydney, NSW, AUS, 2060

Website

https://www.cimic.com.au

Cimic is Australia's largest contractor, providing engineering, construction, contract mining services to the infrastructure, mining, energy, and property sectors. The business structure consists of construction, contract mining, public-private partnerships, and property, along with 45%-owned Habtoor Leighton. Cimic has exited its Middle East business. ACS/Hochtief owns 79% of Cimic. Cimic will be compulsorily acquired by major shareholder Hochtief.