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Champion Iron (STU:MMPI) Days Inventory : 101.88 (As of Jun. 2024)


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What is Champion Iron Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Champion Iron's Average Total Inventories for the three months ended in Jun. 2024 was €227 Mil. Champion Iron's Cost of Goods Sold for the three months ended in Jun. 2024 was €204 Mil. Hence, Champion Iron's Days Inventory for the three months ended in Jun. 2024 was 101.88.

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

STU:MMPI' s Days Inventory Range Over the Past 10 Years
Min: 42.92   Med: 52.01   Max: 4142.79
Current: 96.8

During the past 12 years, Champion Iron's highest Days Inventory was 4142.79. The lowest was 42.92. And the median was 52.01.

STU:MMPI's Days Inventory is ranked worse than
56.66% of 586 companies
in the Steel industry
Industry Median: 87.47 vs STU:MMPI: 96.80

Champion Iron's Days Inventory increased from Jun. 2023 (72.03) to Jun. 2024 (101.88). It might indicate that Champion Iron's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Champion Iron's Inventory Turnover for the three months ended in Jun. 2024 was 0.90.

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. Champion Iron's Inventory-to-Revenue for the three months ended in Jun. 2024 was 0.72.


Champion Iron Days Inventory Historical Data

The historical data trend for Champion Iron'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.

Champion Iron Days Inventory Chart

Champion Iron 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 44.91 48.63 58.50 52.51 90.74

Champion Iron 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 72.03 87.05 91.85 109.74 101.88

Competitive Comparison of Champion Iron's Days Inventory

For the Steel subindustry, Champion Iron'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.


Champion Iron's Days Inventory Distribution in the Steel Industry

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

* The bar in red indicates where Champion Iron's Days Inventory falls into.



Champion Iron Days Inventory Calculation

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

Champion Iron'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
=( (114.451 + 226.065) / 2 ) / 684.838*365
=170.258 / 684.838*365
=90.74

Champion Iron'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
=( (226.065 + 228.699) / 2 ) / 203.651*365 / 4
=227.382 / 203.651*365 / 4
=101.88

* 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.


Champion Iron  (STU:MMPI) 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.

Champion Iron'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.

Champion Iron'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.


Champion Iron Days Inventory Related Terms

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


Champion Iron Business Description

Traded in Other Exchanges
Address
91 Evans Street, Level 1, Rozelle, Sydney, NSW, AUS, 2039
Champion Iron Ltd is engaged in the exploration and development of iron ore properties in Quebec, Canada. The company projects include Fire Lake North, Powderhorn/Gullbridge, Moire, Quinto Claims, Harvey Tuttle, O'keefe-Purdy, and others. Its segment includes Iron Ore Concentrate; Exploration and Evaluation and Corporate. The company generates the maximum of its revenue from the Iron Ore Concentrate segment.

Champion Iron Headlines

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