CMCL (Caledonia Mining) Days Inventory: 73.21 (As of Mar. 2026) — Near Median


CMCL Caledonia Mining Corp PLC CMCL
91 GF Score
Price $19.81
GF Value $20.86
Valuation Fairly Valued
! 5 Warning Signs
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What is Caledonia Mining Days Inventory?

Caledonia Mining CMCL +1.64% 91 Days Inventory is 73.21 as of Mar. 2026, which is 1% below its 10-year median of 74.19. GuruFocus rates CMCL with a GF Score™ of 91/100 and a GF Value™ of $20.86 (Fairly Valued). The stock has 5 warning signs investors should review. Among 681 Metals & Mining companies, Caledonia Mining ranks better than 58.3% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Caledonia Mining's Average Total Inventories for the three months ended in Mar. 2026 was $27.5 Mil. Caledonia Mining's Cost of Goods Sold for the three months ended in Mar. 2026 was $34.3 Mil. Hence, Caledonia Mining's Days Inventory for the three months ended in Mar. 2026 was 73.21.

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

CMCL' s Days Inventory Range Over the Past 10 Years
Min: 63.11   Med: 74.19   Max: 102.06
Current: 74.62

During the past 13 years, Caledonia Mining's highest Days Inventory was 102.06. The lowest was 63.11. And the median was 74.19.

CMCL's Days Inventory is ranked better than
58.3% of 681 companies
in the Metals & Mining industry
Industry Median: 85.61 vs CMCL: 74.62

Caledonia Mining's Days Inventory declined from Mar. 2025 (76.56) to Mar. 2026 (73.21).

Inventory Turnover measures how fast the company turns over its inventory within a year. Caledonia Mining's Inventory Turnover for the three months ended in Mar. 2026 was 1.25.

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. Caledonia Mining's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.41.


Caledonia Mining  (AMEX:CMCL) 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.

Caledonia Mining'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.

Caledonia Mining'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.


Caledonia Mining Days Inventory Related Terms


Caledonia Mining Days Inventory Historical Data

* Premium members only.

The historical data trend for Caledonia 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.

Caledonia Mining Days Inventory Chart

Caledonia Mining 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 102.06 89.01 67.26 75.86 70.74

Caledonia Mining 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 76.56 79.43 76.78 71.97 73.21

CMCL vs VGZ, IDR, CTGO: Days Inventory Comparison

For the Gold subindustry, Caledonia 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.


Caledonia Mining Days Inventory vs Metals & Mining Industry

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

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


CMCL
91GF Score
Caledonia Mining Corp PLC CMCL
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Caledonia Mining Days Inventory Calculation

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

Caledonia Mining'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
=( (23.768 + 26.828) / 2 ) / 130.539*365
=25.298 / 130.539*365
=70.74

Caledonia Mining'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
=( (26.828 + 28.263) / 2 ) / 34.332*365 / 4
=27.5455 / 34.332*365 / 4
=73.21

* 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 73.21 mean?
Caledonia Mining (CMCL) has a Days Inventory of 73.21 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Caledonia Mining and its competitors. This is near median its historical median of 74.19. Over the past decade, Caledonia Mining's Days Inventory has ranged from 63.11 to 102.06. According to the industry distribution chart, Caledonia Mining ranks #284 out of 681 companies in the Metals & Mining industry, placing it in the top 41.7%.
Is Caledonia Mining's Days Inventory too high?
Caledonia Mining's current Days Inventory of 73.21 is near median its 10-year median of 74.19. Over the past 10 years, this metric has ranged from a low of 63.11 to a high of 102.06. The Metals & Mining industry median Days Inventory is 85.61. Caledonia Mining's value of 73.21 is 14.5% below this industry median. Based on the distribution chart, Caledonia Mining ranks #284 out of 681 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Caledonia Mining has a GF Score™ of 91/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Caledonia Mining's Days Inventory compare to VGZ and IDR?
According to the Metals & Mining industry distribution chart, Caledonia Mining ranks #284 out of 681 companies for Days Inventory. This puts Caledonia Mining in the upper half of its industry. The industry median Days Inventory is 85.61. Caledonia Mining's value of 73.21 is 14.5% below this benchmark. Historically, Caledonia Mining's own Days Inventory has ranged from 63.11 to 102.06 over the past decade. While the company's 10-year median is 74.19 vs. the industry median of 85.61, Caledonia Mining 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 Metals & Mining company?
The median Days Inventory among Metals & Mining companies is 85.61, based on 681 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. Caledonia Mining's current Days Inventory of 73.21 is 14.5% 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 Caledonia Mining and its competitors. For the Metals & Mining industry, the median Days Inventory is 85.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Caledonia Mining's current Days Inventory is 73.21, which is near median its own 10-year median of 74.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caledonia Mining stock overvalued right now?
Based on GuruFocus' analysis, Caledonia Mining (CMCL) is currently considered Fairly Valued. The stock's GF Value™ is $20.86, compared to a current price of $19.81 — trading 5% below its estimated fair value. The current Days Inventory is 73.21, which is near median its 10-year median of 74.19 and 14.5% below the Metals & Mining industry median of 85.61. Caledonia Mining's overall GF Score™ is 91/100 with 5 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 Caledonia Mining (CMCL), the current Days Inventory is 73.21 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 Caledonia Mining (CMCL) Overvalued in 2026?

Based on GuruFocus' analysis, Caledonia Mining stock appears to be undervalued. The current stock price of $19.81 is trading 5% below its estimated GF Value™ of $20.86. GuruFocus considers Caledonia Mining to be Fairly Valued.

Key valuation signals for CMCL:

  • Days Inventory: 73.21 (near median its 10-year median of 74.19)
  • GF Value™: $20.86 vs. price of $19.81 (5% below fair value)
  • GF Score™: 91/100 with 5 warning signs
  • Industry Position: 14.5% below the Metals & Mining median (#284 of 681)

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


Caledonia Mining Business Description

Other Exchanges CMCL:UK9CD1:Germany
Address 2 Mulcaster Street, 2nd Floor, Saint Helier, JEY, JE2 3NJ
Caledonia Mining Corp PLC is a gold exploration, development, and mining company. The company's segment includes Blanket, South Africa, Bilboes Oxide mine, and E&E projects. The company generates the majority of its revenue from the Blanket project. The Blanket Mine is located in the south-west of Zimbabwe and operates at a depth of approximately 750 meters below the surface. Its project includes Maligreen and Motapa.
91GF Score

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

$19.81
Price
$20.86
GF Value