CRSXQ (Corsa Coal) Days Inventory: 21.68 (As of Jun. 2024)

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CRSXQ Corsa Coal Corp CRSXQ
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What is Corsa Coal Days Inventory?

Corsa Coal CRSXQ -100.00% 12 Days Inventory is 21.68 as of Jun. 2024. GuruFocus rates CRSXQ with a GF Score™ of 12/100.

Days Inventory is also known as Days Sales of Inventory (DSI). Corsa Coal's Average Total Inventories for the three months ended in Jun. 2024 was $10.1 Mil. Corsa Coal's Cost of Goods Sold for the three months ended in Jun. 2024 was $42.4 Mil. Hence, Corsa Coal's Days Inventory for the three months ended in Jun. 2024 was 21.68.

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

CRSXQ's Days Inventory is not ranked *
in the Steel industry.
Industry Median: 86.57
* Ranked among companies with meaningful Days Inventory only.

Corsa Coal's Days Inventory increased from Jun. 2023 (21.42) to Jun. 2024 (21.68). It might indicate that Corsa Coal's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Corsa Coal's Inventory Turnover for the three months ended in Jun. 2024 was 4.21.

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. Corsa Coal's Inventory-to-Revenue for the three months ended in Jun. 2024 was 0.27.


Corsa Coal  (OTCPK:CRSXQ) 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.

Corsa Coal's Inventory Turnover for the three months ended in Jun. 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.

Corsa Coal's Inventory to Revenue for the three months ended in Jun. 2024 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.


Corsa Coal Days Inventory Related Terms


Corsa Coal Days Inventory Historical Data

* Premium members only.

The historical data trend for Corsa Coal'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.

Corsa Coal Days Inventory Chart

Corsa Coal Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.72 19.25 25.65 19.08 18.35

Corsa Coal Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 21.42 17.98 21.95 18.56 21.68

CRSXQ vs HCC, AMR, SXC: Days Inventory Comparison

For the Coking Coal subindustry, Corsa Coal'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.


Corsa Coal Days Inventory vs Steel Industry

For the Steel industry and Basic Materials sector, Corsa Coal's Days Inventory distribution charts can be found below:

* The bar in red indicates where Corsa Coal's Days Inventory falls into.


CRSXQ
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Corsa Coal Corp CRSXQ
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Corsa Coal Days Inventory Calculation

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

Corsa Coal'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
=( (9.141 + 7.448) / 2 ) / 164.971*365
=8.2945 / 164.971*365
=18.35

Corsa Coal's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (9.519 + 10.609) / 2 ) / 42.362*365 / 4
=10.064 / 42.362*365 / 4
=21.68

* 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 21.68 mean?
Corsa Coal (CRSXQ) has a Days Inventory of 21.68 as of Jun. 2024. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Corsa Coal and its competitors.
Is Corsa Coal's Days Inventory too high?
Corsa Coal's current Days Inventory is 21.68. The Steel industry median Days Inventory is 86.57. Corsa Coal's value of 21.68 is 75% below this industry median. Overall, Corsa Coal has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Corsa Coal's Days Inventory compare to HCC and AMR?
Corsa Coal's Days Inventory of 21.68 can be compared against companies in the Steel industry. The industry median Days Inventory is 86.57. Corsa Coal's value of 21.68 is 75% below this benchmark. 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 Steel company?
The median Days Inventory among Steel companies is 86.57, based on 582 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. Corsa Coal's current Days Inventory of 21.68 is 75% 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 Corsa Coal and its competitors. For the Steel industry, the median Days Inventory is 86.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Corsa Coal's current Days Inventory is 21.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corsa Coal stock overvalued right now?
Corsa Coal (CRSXQ) has a current Days Inventory of 21.68. The current Days Inventory is 21.68 and 75% below the Steel industry median of 86.57. Corsa Coal's overall GF Score™ is 12/100. 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 Corsa Coal (CRSXQ), the current Days Inventory is 21.68 as of Jun. 2024. 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.

Corsa Coal Business Description

Address 1576 Stoystown Road, PO Box 260, Friedens, PA, USA, 15541
Corsa Coal Corp is a coal mining company focused on the production and sales of metallurgical coal, an essential ingredient in the production of steel, as well as exploring, acquiring and developing resource properties that are consistent with its existing coal business. Its core business is producing and selling metallurgical coal to domestic and international steel and coke producers. Its segments are Northern Appalachia (NAPP) and the company's corporate office. NAPP is a distinct operating segment based on its metallurgical coal operations and location in the U.S. along the Northern Appalachia coal belt. The company's corporate office provides support and manages the mining investments. Geographically, the company derives the majority of its revenue from the United States.
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Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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