Days Inventory is also known as Days Sales of Inventory (DSI). Cognor Holding's Average Total Inventories for the
three
months ended in Mar. 2024 was zł540 Mil. Cognor Holding's Cost of Goods Sold for the
three
months ended in Mar. 2024 was zł661 Mil.
Hence, Cognor Holding's Days Inventory for the
three
months ended in Mar. 2024 was 74.63.
The historical rank and industry rank for Cognor Holding's Days Inventory or its related term are showing as below:
WAR:COG'
s Days Inventory Range Over the Past 10 Years
Min: 57.48 Med: 66.83 Max: 85.2
Current: 79.01
During the past 13 years, Cognor Holding's highest Days Inventory was 85.20. The lowest was 57.48. And the median was 66.83.
WAR:COG's Days Inventory is ranked better than 56.02% of 573
companies
in the Steel industry
Industry Median: 85.95
vs WAR:COG: 79.01
Cognor Holding's Days Inventory
increased
from Dec. 2022 (64.63) to Mar. 2024 (74.63).
It might indicate that Cognor Holding's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Cognor Holding's Inventory Turnover for the
three
months ended in Mar. 2024 was 1.22.
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.
Cognor Holding's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 0.79.
Cognor Holding Days Inventory Historical Data
The historical data trend for Cognor Holding'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.
Competitive Comparison of Cognor Holding's Days Inventory
For the Steel subindustry, Cognor Holding'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.
Cognor Holding's Days Inventory Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Cognor Holding's Days Inventory distribution charts can be found below:
* The bar in red indicates where Cognor Holding's Days Inventory falls into.
Cognor Holding Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Cognor Holding's Days Inventory for the fiscal year that ended in Dec. 2022 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.
Cognor Holding (WAR:COG) 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.
Cognor Holding'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.
Cognor Holding's Inventory to Revenue for the
three
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.
Cognor Holding Days Inventory Related Terms
Thank you for viewing the detailed overview of Cognor Holding's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Cognor Holding SA operates in the steel industry. Its activities are divided into four business segments such as; Scrap division focuses on buying, processing, refining and selling of scrap metal and nonferrous scrap. Production division which contributes major revenue is responsible for processing scrap metal into steel billets, as well as converting steel billets and nonferrous scrap into finished products. The Distribution division sells various commodities, such as steel products, steel and nonferrous scrap and steel billets. The Other division includes materials recycling, among others. The firm's products range comprises metal bars, steel sheet, plates, pipes, and rods, as well as sheet zinc and tin plates, among others. Firm's majority revenue comes from Poland.
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