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CIC Holdings (COL:CIC.N0000) Days Inventory : 145.53 (As of Mar. 2024)


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What is CIC Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). CIC Holdings's Average Total Inventories for the three months ended in Mar. 2024 was රු18,115 Mil. CIC Holdings's Cost of Goods Sold for the three months ended in Mar. 2024 was රු11,359 Mil. Hence, CIC Holdings's Days Inventory for the three months ended in Mar. 2024 was 145.53.

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

COL:CIC.N0000' s Days Inventory Range Over the Past 10 Years
Min: 105.92   Med: 120.41   Max: 134.85
Current: 119.77

During the past 13 years, CIC Holdings's highest Days Inventory was 134.85. The lowest was 105.92. And the median was 120.41.

COL:CIC.N0000's Days Inventory is ranked worse than
70.58% of 452 companies
in the Conglomerates industry
Industry Median: 75.05 vs COL:CIC.N0000: 119.77

CIC Holdings's Days Inventory increased from Mar. 2023 (138.88) to Mar. 2024 (145.53). It might indicate that CIC Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. CIC Holdings's Inventory Turnover for the three months ended in Mar. 2024 was 0.63.

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. CIC Holdings's Inventory-to-Revenue for the three months ended in Mar. 2024 was 1.11.


CIC Holdings Days Inventory Historical Data

The historical data trend for CIC Holdings'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.

CIC Holdings Days Inventory Chart

CIC Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 121.02 105.92 110.46 116.82 121.10

CIC Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 138.88 131.59 128.81 89.16 145.53

Competitive Comparison of CIC Holdings's Days Inventory

For the Conglomerates subindustry, CIC Holdings'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.


CIC Holdings's Days Inventory Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, CIC Holdings's Days Inventory distribution charts can be found below:

* The bar in red indicates where CIC Holdings's Days Inventory falls into.



CIC Holdings Days Inventory Calculation

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

CIC Holdings's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (18215.164 + 18748.811) / 2 ) / 55706.039*365
=18481.9875 / 55706.039*365
=121.10

CIC Holdings's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (17481.03 + 18748.811) / 2 ) / 11358.739*365 / 4
=18114.9205 / 11358.739*365 / 4
=145.53

* 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.


CIC Holdings  (COL:CIC.N0000) 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.

CIC Holdings's Inventory Turnover for the three months ended in Mar. 2024 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.

CIC Holdings's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=18114.9205 / 16267.252
=1.11

* 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.


CIC Holdings Days Inventory Related Terms

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


CIC Holdings (COL:CIC.N0000) Business Description

Traded in Other Exchanges
Address
199, Kew Road, Colombo, LKA, 02
CIC Holdings PLC carries on the business of merchandising and manufacturing as its principal activities. The group has five strategic divisions which are its reportable segments, namely Crop solutions, Agri Produce, Lives Stock Solutions, Industrial Solutions, and Health and Personal care. Geographically, it generates the majority of the revenue from Srilanka and also exports to other countries.

CIC Holdings (COL:CIC.N0000) Headlines

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