CSN Mineracao (BSP:CMIN3) Days Inventory: 37.20 (As of Mar. 2026) — Near Median


BSP:CMIN3 CSN Mineracao SA BSP:CMIN3
71 GF Score
Price R$4.14
GF Value R$5.30
Valuation Modestly Undervalued
! 8 Warning Signs
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What is CSN Mineracao Days Inventory?

CSN Mineracao BSP:CMIN3 -0.96% 71 Days Inventory is 37.20 as of Mar. 2026, which is 3% below its 10-year median of 38.54. GuruFocus rates BSP:CMIN3 with a GF Score™ of 71/100 and a GF Value™ of R$5.30 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 582 Steel companies, CSN Mineracao ranks better than 89.86% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). CSN Mineracao's Average Total Inventories for the three months ended in Mar. 2026 was R$830 Mil. CSN Mineracao's Cost of Goods Sold for the three months ended in Mar. 2026 was R$2,035 Mil. Hence, CSN Mineracao's Days Inventory for the three months ended in Mar. 2026 was 37.20.

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

BSP:CMIN3' s Days Inventory Range Over the Past 10 Years
Min: 29.7   Med: 38.54   Max: 57.25
Current: 31.74

During the past 9 years, CSN Mineracao's highest Days Inventory was 57.25. The lowest was 29.70. And the median was 38.54.

BSP:CMIN3's Days Inventory is ranked better than
89.86% of 582 companies
in the Steel industry
Industry Median: 86.57 vs BSP:CMIN3: 31.74

CSN Mineracao's Days Inventory increased from Mar. 2025 (33.15) to Mar. 2026 (37.20). It might indicate that CSN Mineracao's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. CSN Mineracao's Inventory Turnover for the three months ended in Mar. 2026 was 2.45.

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. CSN Mineracao's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.22.


CSN Mineracao  (BSP:CMIN3) 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.

CSN Mineracao's Inventory Turnover for the three months ended in Mar. 2026 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.

CSN Mineracao's Inventory to Revenue for the three months ended in Mar. 2026 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.


CSN Mineracao Days Inventory Related Terms


CSN Mineracao Days Inventory Historical Data

* Premium members only.

The historical data trend for CSN Mineracao'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.

CSN Mineracao Days Inventory Chart

CSN Mineracao Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial Premium Member Only 31.17 45.84 34.50 38.97 29.70

CSN Mineracao Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 33.15 32.95 29.11 28.97 37.20

BSP:CMIN3 vs NUE, STLD, RS: Days Inventory Comparison

For the Steel subindustry, CSN Mineracao'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.


CSN Mineracao Days Inventory vs Steel Industry

For the Steel industry and Basic Materials sector, CSN Mineracao's Days Inventory distribution charts can be found below:

* The bar in red indicates where CSN Mineracao's Days Inventory falls into.


BSP:CMIN3
71GF Score
CSN Mineracao SA BSP:CMIN3
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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CSN Mineracao Days Inventory Calculation

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

CSN Mineracao's Days Inventory for the fiscal year that ended in Dec. 2025 is calculated as

Days Inventory (A: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (777.848 + 825.422) / 2 ) / 9850.577*365
=801.635 / 9850.577*365
=29.70

CSN Mineracao's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (825.422 + 833.78) / 2 ) / 2034.884*365 / 4
=829.601 / 2034.884*365 / 4
=37.20

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 37.20 mean?
CSN Mineracao (BSP:CMIN3) has a Days Inventory of 37.20 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on CSN Mineracao and its competitors. This is near median its historical median of 38.54. Over the past decade, CSN Mineracao's Days Inventory has ranged from 29.70 to 57.25. According to the industry distribution chart, CSN Mineracao ranks #59 out of 582 companies in the Steel industry, placing it in the top 10.1%.
Is CSN Mineracao's Days Inventory too high?
CSN Mineracao's current Days Inventory of 37.20 is near median its 10-year median of 38.54. Over the past 10 years, this metric has ranged from a low of 29.70 to a high of 57.25. The Steel industry median Days Inventory is 86.57. CSN Mineracao's value of 37.20 is 57% below this industry median. Based on the distribution chart, CSN Mineracao ranks #59 out of 582 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, CSN Mineracao has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CSN Mineracao's Days Inventory compare to NUE and STLD?
According to the Steel industry distribution chart, CSN Mineracao ranks #59 out of 582 companies for Days Inventory. This places CSN Mineracao in the top 10% of its industry — outperforming the majority of peers. The industry median Days Inventory is 86.57. CSN Mineracao's value of 37.20 is 57% below this benchmark. Historically, CSN Mineracao's own Days Inventory has ranged from 29.70 to 57.25 over the past decade. While the company's 10-year median is 38.54 vs. the industry median of 86.57, CSN Mineracao has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Steel company?
The median Days Inventory among Steel companies is 86.57, based on 582 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CSN Mineracao's current Days Inventory of 37.20 is 57% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on CSN Mineracao and its competitors. For the Steel industry, the median Days Inventory is 86.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CSN Mineracao's current Days Inventory is 37.20, which is near median its own 10-year median of 38.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CSN Mineracao stock overvalued right now?
Based on GuruFocus' analysis, CSN Mineracao (BSP:CMIN3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$5.30, compared to a current price of R$4.14 — trading 21.9% below its estimated fair value. The current Days Inventory is 37.20, which is near median its 10-year median of 38.54 and 57% below the Steel industry median of 86.57. CSN Mineracao's overall GF Score™ is 71/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For CSN Mineracao (BSP:CMIN3), the current Days Inventory is 37.20 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is CSN Mineracao (BSP:CMIN3) Overvalued in 2026?

Based on GuruFocus' analysis, CSN Mineracao stock appears to be undervalued. The current stock price of R$4.14 is trading 21.9% below its estimated GF Value™ of R$5.30. GuruFocus considers CSN Mineracao to be Modestly Undervalued.

Key valuation signals for BSP:CMIN3:

  • Days Inventory: 37.20 (near median its 10-year median of 38.54)
  • GF Value™: R$5.30 vs. price of R$4.14 (21.9% below fair value)
  • GF Score™: 71/100 with 8 warning signs
  • Industry Position: 57% below the Steel median (#59 of 582)

No single metric tells the full story. See the BSP:CMIN3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CSN Mineracao Business Description

Address Casa de Pedra, PO Box: 97, Congonhas, MG, BRA, 36415-000
CSN Mineracao SA is engaged in the steelmaking business. The company operates in steel, mining, cement, logistics, and energy segments. The product portfolio includes flat, long, steel packaging, steel cutting services, and others. The company operates in Asia, Europe, and the domestic country, with the majority of revenue from Asia.
71GF Score

Get the complete analysis for BSP:CMIN3

Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$4.14
Price
R$5.30
GF Value