Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) Days Inventory: 7.96 (As of Mar. 2026) — Near Median

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BSP:CSMG3 Compania de Saneamento de Minas Gerais - COPASA MG BSP:CSMG3
83 GF Score
Price R$64.00
GF Value R$25.12
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Compania deneamento de Minas Gerais - COPASA MG Days Inventory?

Compania deneamento de Minas Gerais - COPASA MG BSP:CSMG3 +1.33% 83 Days Inventory is 7.96 as of Mar. 2026, which is 5% above its 10-year median of 7.56. GuruFocus rates BSP:CSMG3 with a GF Score™ of 83/100 and a GF Value™ of R$25.12 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 454 Utilities - Regulated companies, Compania deneamento de Minas Gerais - COPASA MG ranks better than 78.19% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Compania deneamento de Minas Gerais - COPASA MG's Average Total Inventories for the three months ended in Mar. 2026 was R$105 Mil. Compania deneamento de Minas Gerais - COPASA MG's Cost of Goods Sold for the three months ended in Mar. 2026 was R$1,206 Mil. Hence, Compania deneamento de Minas Gerais - COPASA MG's Days Inventory for the three months ended in Mar. 2026 was 7.96.

The historical rank and industry rank for Compania deneamento de Minas Gerais - COPASA MG's Days Inventory or its related term are showing as below:

BSP:CSMG3' s Days Inventory Range Over the Past 10 Years
Min: 5.89   Med: 7.56   Max: 9.63
Current: 7.88

During the past 13 years, Compania deneamento de Minas Gerais - COPASA MG's highest Days Inventory was 9.63. The lowest was 5.89. And the median was 7.56.

BSP:CSMG3's Days Inventory is ranked better than
78.19% of 454 companies
in the Utilities - Regulated industry
Industry Median: 22.52 vs BSP:CSMG3: 7.88

Compania deneamento de Minas Gerais - COPASA MG's Days Inventory declined from Mar. 2025 (8.57) to Mar. 2026 (7.96).

Inventory Turnover measures how fast the company turns over its inventory within a year. Compania deneamento de Minas Gerais - COPASA MG's Inventory Turnover for the three months ended in Mar. 2026 was 11.46.

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. Compania deneamento de Minas Gerais - COPASA MG's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.05.


Compania deneamento de Minas Gerais - COPASA MG  (BSP:CSMG3) 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.

Compania deneamento de Minas Gerais - COPASA MG'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.

Compania deneamento de Minas Gerais - COPASA MG'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.


Compania deneamento de Minas Gerais - COPASA MG Days Inventory Related Terms


Compania deneamento de Minas Gerais - COPASA MG Days Inventory Historical Data

* Premium members only.

The historical data trend for Compania deneamento de Minas Gerais - COPASA MG'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.

Compania deneamento de Minas Gerais - COPASA MG Days Inventory Chart

Compania deneamento de Minas Gerais - COPASA MG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.42 9.63 9.59 8.78 8.03

Compania deneamento de Minas Gerais - COPASA MG 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 8.57 8.31 7.71 7.60 7.96

BSP:CSMG3 vs AWK, WTRG, AWR: Days Inventory Comparison

For the Utilities - Regulated Water subindustry, Compania deneamento de Minas Gerais - COPASA MG'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.


Compania deneamento de Minas Gerais - COPASA MG Days Inventory vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Compania deneamento de Minas Gerais - COPASA MG's Days Inventory distribution charts can be found below:

* The bar in red indicates where Compania deneamento de Minas Gerais - COPASA MG's Days Inventory falls into.


BSP:CSMG3
83GF Score
Compania de Saneamento de Minas Gerais - COPASA MG BSP:CSMG3
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Compania deneamento de Minas Gerais - COPASA MG Days Inventory Calculation

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

Compania deneamento de Minas Gerais - COPASA MG'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
=( (104.85 + 106.14) / 2 ) / 4797.685*365
=105.495 / 4797.685*365
=8.03

Compania deneamento de Minas Gerais - COPASA MG'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
=( (106.14 + 104.26) / 2 ) / 1205.964*365 / 4
=105.2 / 1205.964*365 / 4
=7.96

* 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 7.96 mean?
Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) has a Days Inventory of 7.96 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Compania deneamento de Minas Gerais - COPASA MG and its competitors. This is near median its historical median of 7.56. Over the past decade, Compania deneamento de Minas Gerais - COPASA MG's Days Inventory has ranged from 5.89 to 9.63. According to the industry distribution chart, Compania deneamento de Minas Gerais - COPASA MG ranks #99 out of 454 companies in the Utilities - Regulated industry, placing it in the top 21.8%.
Is Compania deneamento de Minas Gerais - COPASA MG's Days Inventory too high?
Compania deneamento de Minas Gerais - COPASA MG's current Days Inventory of 7.96 is near median its 10-year median of 7.56. Over the past 10 years, this metric has ranged from a low of 5.89 to a high of 9.63. The Utilities - Regulated industry median Days Inventory is 22.52. Compania deneamento de Minas Gerais - COPASA MG's value of 7.96 is 64.7% below this industry median. Based on the distribution chart, Compania deneamento de Minas Gerais - COPASA MG ranks #99 out of 454 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Compania deneamento de Minas Gerais - COPASA MG has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Compania deneamento de Minas Gerais - COPASA MG's Days Inventory compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Compania deneamento de Minas Gerais - COPASA MG ranks #99 out of 454 companies for Days Inventory. This places Compania deneamento de Minas Gerais - COPASA MG in the top 22% of its industry — outperforming the majority of peers. The industry median Days Inventory is 22.52. Compania deneamento de Minas Gerais - COPASA MG's value of 7.96 is 64.7% below this benchmark. Historically, Compania deneamento de Minas Gerais - COPASA MG's own Days Inventory has ranged from 5.89 to 9.63 over the past decade. While the company's 10-year median is 7.56 vs. the industry median of 22.52, Compania deneamento de Minas Gerais - COPASA MG 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 an Utilities - Regulated company?
The median Days Inventory among Utilities - Regulated companies is 22.52, based on 454 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. Compania deneamento de Minas Gerais - COPASA MG's current Days Inventory of 7.96 is 64.7% 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 Compania deneamento de Minas Gerais - COPASA MG and its competitors. For the Utilities - Regulated industry, the median Days Inventory is 22.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Compania deneamento de Minas Gerais - COPASA MG's current Days Inventory is 7.96, which is near median its own 10-year median of 7.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Compania deneamento de Minas Gerais - COPASA MG stock overvalued right now?
Based on GuruFocus' analysis, Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$25.12, compared to a current price of R$64.00 — trading 154.8% above its estimated fair value. The current Days Inventory is 7.96, which is near median its 10-year median of 7.56 and 64.7% below the Utilities - Regulated industry median of 22.52. Compania deneamento de Minas Gerais - COPASA MG's overall GF Score™ is 83/100 with 9 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 Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3), the current Days Inventory is 7.96 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 Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) Overvalued in 2026?

Based on GuruFocus' analysis, Compania deneamento de Minas Gerais - COPASA MG stock appears to be overvalued. The current stock price of R$64.00 is trading 154.8% above its estimated GF Value™ of R$25.12. GuruFocus considers Compania deneamento de Minas Gerais - COPASA MG to be Significantly Overvalued.

Key valuation signals for BSP:CSMG3:

  • Days Inventory: 7.96 (near median its 10-year median of 7.56)
  • GF Value™: R$25.12 vs. price of R$64.00 (154.8% above fair value)
  • GF Score™: 83/100 with 9 warning signs
  • Industry Position: 64.7% below the Utilities - Regulated median (#99 of 454)

No single metric tells the full story. See the BSP:CSMG3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Compania deneamento de Minas Gerais - COPASA MG Business Description

Address Rua Mar de Espanha 525, Santo Antonio, Belo Horizonte, MG, BRA, 30330900
Compania de Saneamento de Minas Gerais - COPASA MG provides water supply, sewage, and solid waste services. The company operates out of subsidiaries COPASA Servicos de Irrigacao S.A., COPASA Aguas Minerais de Minas S.A, and COPANOR. COPASA Servicos de Irrigacao S.A. manages, performs, and sells irrigation system services. COPASA Aguas Minerais de Minas S.A. produces, bottles, distributes, and sells mineral water. COPANOR provides water supply and sewage treatment services across the North and Northeast regions of the State of Minas Gerais. A majority of revenue is derived from water services while the rest is derived from sewage services. The company operates out of Brazil, where an amount of revenue is generated.
83GF Score

Get the complete analysis for BSP:CSMG3

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

R$64.00
Price
R$25.12
GF Value