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Canadian National Railway Co Days Inventory

: 26.37 (As of Jun. 2022)
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Days Inventory is also known as Days Sales of Inventory (DSI). Canadian National Railway Co's Average Total Inventories for the three months ended in Jun. 2022 was $546 Mil. Canadian National Railway Co's Cost of Goods Sold for the three months ended in Jun. 2022 was $1,890 Mil. Hence, Canadian National Railway Co's Days Inventory for the three months ended in Jun. 2022 was 26.37.

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

CNI' s Days Inventory Range Over the Past 10 Years
Min: 13.34   Med: 19.62   Max: 27.08
Current: 26.64

During the past 13 years, Canadian National Railway Co's highest Days Inventory was 27.08. The lowest was 13.34. And the median was 19.62.

CNI's Days Inventory is ranked worse than
75.4% of 756 companies
in the Transportation industry
Industry Median: 11.22 vs CNI: 26.64

Canadian National Railway Co's Days Inventory declined from Jun. 2021 (27.39) to Jun. 2022 (26.37).

Inventory Turnover measures how fast the company turns over its inventory within a year. Canadian National Railway Co's Inventory Turnover for the three months ended in Jun. 2022 was 3.46.

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 National Railway Co's Inventory-to-Revenue for the three months ended in Jun. 2022 was 0.16.


Canadian National Railway Co Days Inventory Historical Data

The historical data trend for Canadian National Railway Co'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 National Railway Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.11 21.90 23.91 26.70 25.43

Canadian National Railway Co Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 27.39 28.33 26.94 24.32 26.37

Competitive Comparison

For the Railroads subindustry, Canadian National Railway Co'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 National Railway Co Days Inventory Distribution

For the Transportation industry and Industrials sector, Canadian National Railway Co's Days Inventory distribution charts can be found below:

* The bar in red indicates where Canadian National Railway Co's Days Inventory falls into.



Canadian National Railway Co Days Inventory Calculation

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

Canadian National Railway Co'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
=( (455.14872355375 + 460.15625) / 2 ) / 6568.75*365
=457.65248677688 / 6568.75*365
=25.43

Canadian National Railway Co's Days Inventory for the quarter that ended in Jun. 2022 is calculated as:

Days Inventory (Q: Jun. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2022 ) + Total Inventories (Q: Jun. 2022 )) / count ) / Cost of Goods Sold (Q: Jun. 2022 )*Days in Period
=( (521.32701421801 + 570.91533895658) / 2 ) / 1890.0343642612*365 / 4
=546.12117658729 / 1890.0343642612*365 / 4
=26.37

* 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 National Railway Co  (NYSE:CNI) 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 National Railway Co's Inventory Turnover for the three months ended in Jun. 2022 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=1890.0343642612 / 546.12117658729
=3.46

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 National Railway Co's Inventory to Revenue for the three months ended in Jun. 2022 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=546.12117658729 / 3392.6897844424
=0.16

* 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 National Railway Co Days Inventory Related Terms

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


Canadian National Railway Co Business Description

Canadian National Railway Co logo
Address
935 de La Gauchetiere Street West, Montreal, QC, CAN, H3B 2M9
Canadian National's railway spans Canada from coast to coast and extends through Chicago to the Gulf of Mexico. In 2019, CN delivered almost 6 million carloads over its 19,600 miles of track. CN generated roughly CAD 14 billion in total revenue by hauling intermodal containers (25% of consolidated revenue), petroleum and chemicals (21%), grain and fertilizers (16%), forest products (12%), metals and mining (11%), automotive shipments (6%), and coal (4%). Other items constitute the remaining revenue.

Canadian National Railway Co Headlines

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