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Canadian Phosphate (ASX:CP8) Days Inventory : 157.84 (As of Dec. 2024)


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What is Canadian Phosphate Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Canadian Phosphate's Average Total Inventories for the six months ended in Dec. 2024 was A$0.57 Mil. Canadian Phosphate's Cost of Goods Sold for the six months ended in Dec. 2024 was A$0.66 Mil. Hence, Canadian Phosphate's Days Inventory for the six months ended in Dec. 2024 was 157.84.

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

ASX:CP8' s Days Inventory Range Over the Past 10 Years
Min: 10.09   Med: 134.53   Max: 1338.33
Current: 183.51

During the past 11 years, Canadian Phosphate's highest Days Inventory was 1338.33. The lowest was 10.09. And the median was 134.53.

ASX:CP8's Days Inventory is ranked worse than
78.86% of 246 companies
in the Agriculture industry
Industry Median: 106.34 vs ASX:CP8: 183.51

Canadian Phosphate's Days Inventory declined from Dec. 2023 (210.67) to Dec. 2024 (157.84).

Inventory Turnover measures how fast the company turns over its inventory within a year. Canadian Phosphate's Inventory Turnover for the six months ended in Dec. 2024 was 1.16.

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. Canadian Phosphate's Inventory-to-Revenue for the six months ended in Dec. 2024 was 0.45.


Canadian Phosphate Days Inventory Historical Data

The historical data trend for Canadian Phosphate'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.

Canadian Phosphate Days Inventory Chart

Canadian Phosphate Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 100.35 66.08 87.25 168.70 178.15

Canadian Phosphate 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 106.54 147.65 210.67 216.95 157.84

Competitive Comparison of Canadian Phosphate's Days Inventory

For the Agricultural Inputs subindustry, Canadian Phosphate'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.


Canadian Phosphate's Days Inventory Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Canadian Phosphate's Days Inventory distribution charts can be found below:

* The bar in red indicates where Canadian Phosphate's Days Inventory falls into.


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Canadian Phosphate Days Inventory Calculation

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

Canadian Phosphate's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (0.766 + 0.463) / 2 ) / 1.259*365
=0.6145 / 1.259*365
=178.15

Canadian Phosphate'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
=( (0.67 + 0.463) / 2 ) / 0.655*365 / 2
=0.5665 / 0.655*365 / 2
=157.84

* 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.


Canadian Phosphate  (ASX:CP8) 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.

Canadian Phosphate'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.

Canadian Phosphate'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.


Canadian Phosphate Days Inventory Related Terms

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


Canadian Phosphate Business Description

Traded in Other Exchanges
N/A
Address
99 St Georges Terrace, Level 8, Perth, WA, AUS, 6000
Canadian Phosphate Ltd is a miner, manufacturer, and distributor of rock phosphate fertilizer, focused on advancing its Wapiti and Fernie sedimentary rock phosphate projects in British Columbia, Canada. The company is organised into two operating segments based on geographical location, being Australian and North American operations. A majority of its revenue is generated from its North American operations, through the sale of phosphate fertilizers.

Canadian Phosphate Headlines

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