CTGX Mining (CTGX Mining) Days Inventory : 434.60 (As of Jan. 2005)

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What is CTGX Mining Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). CTGX Mining's Average Total Inventories for the three months ended in Jan. 2005 was $0.28 Mil. CTGX Mining's Cost of Goods Sold for the three months ended in Jan. 2005 was $0.06 Mil. Hence, CTGX Mining's Days Inventory for the three months ended in Jan. 2005 was 434.60.

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

CHCX's Days Inventory is not ranked ^*
in the Metals & Mining industry.
Industry Median: 88.02
* Ranked among companies with meaningful Days Inventory only.

CTGX Mining's Days Inventory increased from Dec. 2003 (0.00) to Jan. 2005 (434.60). It might indicate that CTGX Mining's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. CTGX Mining's Inventory Turnover for the three months ended in Jan. 2005 was 0.21.

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. CTGX Mining's Inventory-to-Revenue for the three months ended in Jan. 2005 was 3.27.

CTGX Mining Days Inventory Historical Data

The historical data trend for CTGX Mining'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.

CTGX Mining Days Inventory Chart

CTGX Mining Annual Data

Trend

Mar03

Days Inventory

CTGX Mining Quarterly Data
	Jun03	Sep03	Dec03	Mar04	Jul04	Oct04	Jan05
Days Inventory	Get a 7-Day Free Trial			-	-	134.66	189.52	434.60

Competitive Comparison of CTGX Mining's Days Inventory

For the Other Industrial Metals & Mining subindustry, CTGX Mining'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.

CTGX Mining's Days Inventory Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, CTGX Mining's Days Inventory distribution charts can be found below:

* The bar in red indicates where CTGX Mining's Days Inventory falls into.

CTGX Mining Days Inventory Calculation

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

CTGX Mining's Days Inventory for the fiscal year that ended in Mar. 2003 is calculated as

	Days Inventory (A: Mar. 2003 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: . 20 )	+	Total Inventories (A: Mar. 2003 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2003 )	*	Days in Period
=	( (	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

CTGX Mining's Days Inventory for the quarter that ended in Jan. 2005 is calculated as:

	Days Inventory (Q: Jan. 2005 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Oct. 2004 )	+	Total Inventories (Q: Jan. 2005 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2005 )	*	Days in Period
=	( (0.267	+	0.295)	/	2 )	/	0.059	*	365 / 4
=	0.281					/	0.059	*	365 / 4
=	434.60

CTGX Mining (OTCPK:CHCX) 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.

CTGX Mining's Inventory Turnover for the three months ended in Jan. 2005 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.059	/	0.281
	=	0.21

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.

CTGX Mining's Inventory to Revenue for the three months ended in Jan. 2005 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.281	/	0.086
	=	3.27

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.

CTGX Mining Days Inventory Related Terms

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

CTGX Mining (CTGX Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » CTGX Mining Inc (OTCPK:CHCX) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1015 G Waterwood Parkway, Suite O-2, Edmund, OK, USA, 73034

Website

http://www.ctgxmining.com

CTGX Mining Inc is an international, environmentally sensitive, minerals and resource development company. It holds mining interests in both Mexico and Columbia focused on a large reserve of rare earth elements, gold, silver lithium and other valuable ores.

Executives

Matthew Cohen

director, officer: CEO and Chairman of the Board

1702 COSTA DEL SOL, BOCA RATON FL 33432

CTGX Mining (CTGX Mining) Headlines

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