Compass Minerals International (Compass Minerals International) Inventory-to-Revenue : 1.15 (As of Dec. 2023)

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What is Compass Minerals International Inventory-to-Revenue?

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. Compass Minerals International's Average Total Inventories for the quarter that ended in Dec. 2023 was $392 Mil. Compass Minerals International's Revenue for the three months ended in Dec. 2023 was $342 Mil. Compass Minerals International's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.15.

Compass Minerals International's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (1.57) to Sep. 2023 (1.15)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Compass Minerals International's Days Inventory for the three months ended in Dec. 2023 was 132.06.

Inventory Turnover measures how fast the company turns over its inventory within a year. Compass Minerals International's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.69.

Compass Minerals International Inventory-to-Revenue Historical Data

The historical data trend for Compass Minerals International's Inventory-to-Revenue 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.

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Compass Minerals International Inventory-to-Revenue Chart

Compass Minerals International Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Sep21

Sep22

Sep23

Inventory-to-Revenue

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0.23

0.26

0.36

0.25

0.29

Compass Minerals International Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory-to-Revenue	Get a 7-Day Free Trial															0.86	0.68	1.45	1.57	1.15

Competitive Comparison of Compass Minerals International's Inventory-to-Revenue

For the Other Industrial Metals & Mining subindustry, Compass Minerals International's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.

Compass Minerals International's Inventory-to-Revenue Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Compass Minerals International's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Compass Minerals International's Inventory-to-Revenue falls into.

Compass Minerals International Inventory-to-Revenue Calculation

Compass Minerals International's Inventory-to-Revenue for the fiscal year that ended in Sep. 2023 is calculated as

	Inventory-to-Revenue (A: Sep. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )	/	Revenue (A: Sep. 2023 )
=	( (304.4	+	392.2)	/	2 )	/	1204.7
=	348.3					/	1204.7
=	0.29

Compass Minerals International's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

	Inventory-to-Revenue (Q: Dec. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Revenue (Q: Dec. 2023 )
=	( (392.2	+	392.5)	/	2 )	/	341.7
=	392.35					/	341.7
=	1.15

Compass Minerals International (NYSE:CMP) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

More Related Terms:

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

Compass Minerals International's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	392.35	/	271.1	*	365 / 4
	=	132.06

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Compass Minerals International's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	271.1	/	392.35
	=	0.69

Compass Minerals International Inventory-to-Revenue Related Terms

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Compass Minerals International (Compass Minerals International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Compass Minerals International Inc (NYSE:CMP) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

CM8:Germany CM8:Germany

Address

9900 West 109th Street, Suite 100, Overland Park, KS, USA, 66210

Website

https://www.compassminerals.com

Compass Minerals currently produces two primary products: salt and specialty potash fertilizer. The company's main assets include rock salt mines in Ontario, Louisiana, and the United Kingdom and a salt brine operation at the Great Salt Lake in Utah that produces sulfate of potash and magnesium chloride. Compass' salt products are used for deicing and also by industrial and consumer end markets. The firm's sulfate of potash is used by growers of high-value crops that are sensitive to standard potash. Compass also sells fire retardants, with its magnesium chloride-based products used to combat forest fires.

Executives

Joseph E Reece	director	ONE VALERO WAY, BUILDING D, SUITE 200, SAN ANTONIO TX 78249
James D. Standen	officer: Interim CFO & Treasurer	9900 W. 109 STREET, SUITE 100, OVERLAND PARK KS 66210
Jill V Gardiner	director	C/O COMPASS MINERALS INTERNATIONAL, INC., 9900 W 109TH ST STE 100, OVERLAND PARK KS 66210
Shane T Wagnon	director	C/O COMPASS MINERALS INTERNATIONAL, INC., 9900 W 109TH ST STE 100, OVERLAND PARK KS 66210
Jon A Chisholm	director	C/O COMPASS MINERALS INTERNATIONAL, INC., 9900 W 109TH ST STE 100, OVERLAND PARK KS 66210
Km&t Investment Holdings, Llc	director, 10 percent owner	4111 E 37TH ST N, WICHITA KS 67220
Koch Industries Inc	director, 10 percent owner	4111 EAST 37TH STREET NORTH, WICHITA KS 67220
Melissa M Miller	director	201 ISABELLA STREET, PITTSBURGH PA 15212
Kevin S Crutchfield	director, officer: President and CEO	ONE ALPHA PLACE, P.O. BOX 2345, ABINGDON VA 24212
Mary L Frontczak	officer: Chief Legal Officer	9900 W 109TH STREET, SUITE 100, OVERLAND PARK KS 66210
Lori A Walker	director
Amy Yoder	director	C/O SPECTRUM BRANDS, INC., 6 CONCOURSE PARKWAY, SUITE 3300, ATLANTA GA 30328
Richard P Dealy	director	777 HIDDEN RIDGE, IRVING TX 75038
Edward C Dowling	director	19 NEDS POINT ROAD, MATTAPOISETT MA 02739
Teresa D Cook	officer: Chief Accounting Officer	C/O COMPASS MINERALS INTERNATIONAL, INC., 9900 W 109TH ST STE 100, OVERLAND PARK KS 66210