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CPM Group (HKSE:01932) Days Inventory : 52.45 (As of Jun. 2024)


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What is CPM Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). CPM Group's Average Total Inventories for the six months ended in Jun. 2024 was HK$25.9 Mil. CPM Group's Cost of Goods Sold for the six months ended in Jun. 2024 was HK$90.2 Mil. Hence, CPM Group's Days Inventory for the six months ended in Jun. 2024 was 52.45.

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

HKSE:01932' s Days Inventory Range Over the Past 10 Years
Min: 35.18   Med: 41.26   Max: 50.24
Current: 42.57

During the past 10 years, CPM Group's highest Days Inventory was 50.24. The lowest was 35.18. And the median was 41.26.

HKSE:01932's Days Inventory is not ranked
in the Chemicals industry.
Industry Median: 79.65 vs HKSE:01932: 42.57

CPM Group's Days Inventory increased from Jun. 2023 (38.63) to Jun. 2024 (52.45). It might indicate that CPM Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. CPM Group's Inventory Turnover for the six months ended in Jun. 2024 was 3.48.

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. CPM Group's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.17.


CPM Group Days Inventory Historical Data

The historical data trend for CPM Group'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.

CPM Group Days Inventory Chart

CPM Group 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 39.87 46.60 41.24 45.29 41.28

CPM Group Semi-Annual Data
Dec14 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 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 54.09 39.28 38.63 36.50 52.45

Competitive Comparison of CPM Group's Days Inventory

For the Specialty Chemicals subindustry, CPM Group'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.


CPM Group's Days Inventory Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, CPM Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where CPM Group's Days Inventory falls into.



CPM Group Days Inventory Calculation

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

CPM Group'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
=( (43.124 + 27.353) / 2 ) / 311.548*365
=35.2385 / 311.548*365
=41.28

CPM Group'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: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (27.353 + 24.486) / 2 ) / 90.188*365 / 2
=25.9195 / 90.188*365 / 2
=52.45

* 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.


CPM Group  (HKSE:01932) 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.

CPM Group's Inventory Turnover for the six 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.

CPM Group's Inventory to Revenue for the six 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.


CPM Group Days Inventory Related Terms

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


CPM Group Business Description

Traded in Other Exchanges
N/A
Address
338 Hennessy Road, 31st Floor, CNT Tower, Wanchai, Hong Kong, HKG
CPM Group Ltd is an investment holding company mainly engaged in the manufacture and sale of paint and coating products. The company has two reportable operating segments: the Paint Products segment which derives key revenue and participates in manufacturing and selling paint and coating products; and the Property Investment segment invests in industrial properties for their rental income potential. The company's principal products include industrial paint and coating products, architectural paint and coating products, general paint and coating, and ancillary products. It mainly distributes its products in the Mainland China and Hong Kong markets. The company derives the majority of its revenue from Mainland China.

CPM Group Headlines

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