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Capricorn Metals (ASX:CMM) Days Inventory : 43.56 (As of Dec. 2024)


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What is Capricorn Metals Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Capricorn Metals's Average Total Inventories for the six months ended in Dec. 2024 was A$24.1 Mil. Capricorn Metals's Cost of Goods Sold for the six months ended in Dec. 2024 was A$101.2 Mil. Hence, Capricorn Metals's Days Inventory for the six months ended in Dec. 2024 was 43.56.

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

ASX:CMM' s Days Inventory Range Over the Past 10 Years
Min: 38.01   Med: 39.3   Max: 49.75
Current: 44.61

During the past 13 years, Capricorn Metals's highest Days Inventory was 49.75. The lowest was 38.01. And the median was 39.30.

ASX:CMM's Days Inventory is ranked better than
77.44% of 656 companies
in the Metals & Mining industry
Industry Median: 85.815 vs ASX:CMM: 44.61

Capricorn Metals's Days Inventory increased from Dec. 2023 (41.40) to Dec. 2024 (43.56). It might indicate that Capricorn Metals's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Capricorn Metals's Inventory Turnover for the six months ended in Dec. 2024 was 4.19.

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. Capricorn Metals's Inventory-to-Revenue for the six months ended in Dec. 2024 was 0.12.


Capricorn Metals Days Inventory Historical Data

The historical data trend for Capricorn Metals'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.

Capricorn Metals Days Inventory Chart

Capricorn Metals Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 49.75 39.30 38.01

Capricorn Metals Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 40.51 33.06 41.40 39.00 43.56

Competitive Comparison of Capricorn Metals's Days Inventory

For the Gold subindustry, Capricorn Metals'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.


Capricorn Metals's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Capricorn Metals's Days Inventory falls into.


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Capricorn Metals Days Inventory Calculation

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

Capricorn Metals's Days Inventory for the fiscal year that ended in Jun. 2024 is calculated as

Days Inventory (A: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2023 ) + Total Inventories (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (16.619 + 16.073) / 2 ) / 156.952*365
=16.346 / 156.952*365
=38.01

Capricorn Metals's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (16.073 + 32.213) / 2 ) / 101.153*365 / 2
=24.143 / 101.153*365 / 2
=43.56

* 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.


Capricorn Metals  (ASX:CMM) 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.

Capricorn Metals's Inventory Turnover for the six months ended in Dec. 2024 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.

Capricorn Metals's Inventory to Revenue for the six months ended in Dec. 2024 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.


Capricorn Metals Days Inventory Related Terms

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


Capricorn Metals Business Description

Traded in Other Exchanges
Address
Level 3, 40 Kings Park Road, West Perth, Perth, WA, AUS, 6005
Capricorn Metals Ltd is a mineral exploration and project evaluation company. The company's geographical segment includes Australia and Madagascar. The company's project includes the Karlawinda gold project based in Western Australia and the Mount Gibson Gold.

Capricorn Metals Headlines

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