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CosmoSteel Holdings (FRA:CMR) Days Inventory : 151.62 (As of Mar. 2024)


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What is CosmoSteel Holdings Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). CosmoSteel Holdings's Average Total Inventories for the six months ended in Mar. 2024 was €17.45 Mil. CosmoSteel Holdings's Cost of Goods Sold for the six months ended in Mar. 2024 was €21.00 Mil. Hence, CosmoSteel Holdings's Days Inventory for the six months ended in Mar. 2024 was 151.62.

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

FRA:CMR' s Days Inventory Range Over the Past 10 Years
Min: 144.94   Med: 332.53   Max: 585.5
Current: 163.06

During the past 13 years, CosmoSteel Holdings's highest Days Inventory was 585.50. The lowest was 144.94. And the median was 332.53.

FRA:CMR's Days Inventory is ranked worse than
80.28% of 142 companies
in the Industrial Distribution industry
Industry Median: 88.49 vs FRA:CMR: 163.06

CosmoSteel Holdings's Days Inventory increased from Mar. 2023 (118.92) to Mar. 2024 (151.62). It might indicate that CosmoSteel Holdings's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. CosmoSteel Holdings's Inventory Turnover for the six months ended in Mar. 2024 was 1.20.

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. CosmoSteel Holdings's Inventory-to-Revenue for the six months ended in Mar. 2024 was 0.72.


CosmoSteel Holdings Days Inventory Historical Data

The historical data trend for CosmoSteel 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.

CosmoSteel Holdings Days Inventory Chart

CosmoSteel Holdings Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 191.90 208.05 417.11 314.79 148.02

CosmoSteel Holdings Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 401.33 302.92 118.92 177.78 151.62

Competitive Comparison of CosmoSteel Holdings's Days Inventory

For the Industrial Distribution subindustry, CosmoSteel 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.


CosmoSteel Holdings's Days Inventory Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, CosmoSteel Holdings's Days Inventory distribution charts can be found below:

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



CosmoSteel Holdings Days Inventory Calculation

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

CosmoSteel Holdings's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

Days Inventory (A: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2022 ) + Total Inventories (A: Sep. 2023 )) / count ) / Cost of Goods Sold (A: Sep. 2023 )*Days in Period
=( (21.532 + 17.622) / 2 ) / 48.276*365
=19.577 / 48.276*365
=148.02

CosmoSteel 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: Sep. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (17.622 + 17.274) / 2 ) / 21.002*365 / 2
=17.448 / 21.002*365 / 2
=151.62

* 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.


CosmoSteel Holdings  (FRA:CMR) 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.

CosmoSteel Holdings's Inventory Turnover for the six 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.

CosmoSteel Holdings's Inventory to Revenue for the six months ended in Mar. 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.


CosmoSteel Holdings Days Inventory Related Terms

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


CosmoSteel Holdings (FRA:CMR) Business Description

Traded in Other Exchanges
Address
14 Lok Yang Way, Singapore, SGP, 628633
CosmoSteel Holdings Ltd is an investment holding company engaged in the sale, supply, and machining of flanges, steel fittings, tubings, and pipes for main industries. Its operating segment includes Energy, Marine, Trading, and others. The company generates maximum revenue from the Energy segment. Its Energy segment comprises oil and gas, engineering and construction, petrochemical, and power. Geographically, it derives a majority of revenue from Singapore.

CosmoSteel Holdings (FRA:CMR) Headlines

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