CMT - Compagnie Miniere de Touissit (CAS:CMT) Days Inventory : 104.84 (As of Dec. 2023)

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What is CMT - Compagnie Miniere de Touissit Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). CMT - Compagnie Miniere de Touissit's Average Total Inventories for the six months ended in Dec. 2023 was MAD48.3 Mil. CMT - Compagnie Miniere de Touissit's Cost of Goods Sold for the six months ended in Dec. 2023 was MAD84.2 Mil. Hence, CMT - Compagnie Miniere de Touissit's Days Inventory for the six months ended in Dec. 2023 was 104.84.

The historical rank and industry rank for CMT - Compagnie Miniere de Touissit's Days Inventory or its related term are showing as below:

CAS:CMT' s Days Inventory Range Over the Past 10 Years
Min: 103.07 Med: 153.79 Max: 164.11
Current: 112.19

During the past 13 years, CMT - Compagnie Miniere de Touissit's highest Days Inventory was 164.11. The lowest was 103.07. And the median was 153.79.

CAS:CMT's Days Inventory is ranked worse than
62.88% of 660 companies
in the Metals & Mining industry
Industry Median: 88.655 vs CAS:CMT: 112.19

CMT - Compagnie Miniere de Touissit's Days Inventory declined from Dec. 2022 (145.80) to Dec. 2023 (104.84).

Inventory Turnover measures how fast the company turns over its inventory within a year. CMT - Compagnie Miniere de Touissit's Inventory Turnover for the six months ended in Dec. 2023 was 1.74.

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. CMT - Compagnie Miniere de Touissit's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.15.

CMT - Compagnie Miniere de Touissit Days Inventory Historical Data

The historical data trend for CMT - Compagnie Miniere de Touissit'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.

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CMT - Compagnie Miniere de Touissit Days Inventory Chart

CMT - Compagnie Miniere de Touissit Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

144.08

160.01

133.92

117.13

103.07

CMT - Compagnie Miniere de Touissit Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															131.55	168.63	145.80	130.87	104.84

Competitive Comparison of CMT - Compagnie Miniere de Touissit's Days Inventory

For the Other Industrial Metals & Mining subindustry, CMT - Compagnie Miniere de Touissit'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.

CMT - Compagnie Miniere de Touissit's Days Inventory Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, CMT - Compagnie Miniere de Touissit's Days Inventory distribution charts can be found below:

* The bar in red indicates where CMT - Compagnie Miniere de Touissit's Days Inventory falls into.

CMT - Compagnie Miniere de Touissit Days Inventory Calculation

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

CMT - Compagnie Miniere de Touissit's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

	Days Inventory (A: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (46.419	+	41.23)	/	2 )	/	155.188	*	365
=	43.8245					/	155.188	*	365
=	103.07

CMT - Compagnie Miniere de Touissit's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (55.457	+	41.23)	/	2 )	/	84.155	*	365 / 2
=	48.3435					/	84.155	*	365 / 2
=	104.84

CMT - Compagnie Miniere de Touissit (CAS:CMT) 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.

CMT - Compagnie Miniere de Touissit's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	84.155	/	48.3435
	=	1.74

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.

CMT - Compagnie Miniere de Touissit's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	48.3435	/	316.933
	=	0.15

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.

CMT - Compagnie Miniere de Touissit Days Inventory Related Terms

Thank you for viewing the detailed overview of CMT - Compagnie Miniere de Touissit's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

CMT - Compagnie Miniere de Touissit (CAS:CMT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » CMT - Compagnie Miniere de Touissit (CAS:CMT) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Alafak housing estate, lot No. 449-450, Sigma building, 5th floor, Compagnie Miniere de Touissit, La Colline, Sidi Maarouf, Casablanca, MAR, CP 20 270

Website

http://www.miniere-touissit.com

CMT - Compagnie Miniere de Touissit is engaged in the production of high-quality silver lead concentrates. It also produces silver zinc concentrates. Established in Eastern Morocco and then in the Middle Atlas, it currently operates the Tighza Mine, in Morocco.