Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) Inventory Turnover: 11.46 (As of Mar. 2026)

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BSP:CSMG3 Compania de Saneamento de Minas Gerais - COPASA MG BSP:CSMG3
83 GF Score
Price R$63.16
GF Value R$25.12
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Compania deneamento de Minas Gerais - COPASA MG Inventory Turnover?

Compania deneamento de Minas Gerais - COPASA MG BSP:CSMG3 -1.07% 83 Inventory Turnover is 11.46 as of Mar. 2026. GuruFocus rates BSP:CSMG3 with a GF Score™ of 83/100 and a GF Value™ of R$25.12 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Compania deneamento de Minas Gerais - COPASA MG's Cost of Goods Sold for the three months ended in Mar. 2026 was R$1,206 Mil. Compania deneamento de Minas Gerais - COPASA MG's Average Total Inventories for the quarter that ended in Mar. 2026 was R$105 Mil. Compania deneamento de Minas Gerais - COPASA MG's Inventory Turnover for the quarter that ended in Mar. 2026 was 11.46.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Compania deneamento de Minas Gerais - COPASA MG's Days Inventory for the three months ended in Mar. 2026 was 7.96.

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. Compania deneamento de Minas Gerais - COPASA MG's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.05.


Compania deneamento de Minas Gerais - COPASA MG  (BSP:CSMG3) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Compania deneamento de Minas Gerais - COPASA MG's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=105.2/1205.964*365 / 4
=7.96

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.

Compania deneamento de Minas Gerais - COPASA MG's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=105.2 / 2128.135
=0.05

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


Compania deneamento de Minas Gerais - COPASA MG Inventory Turnover Related Terms


Compania deneamento de Minas Gerais - COPASA MG Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Compania deneamento de Minas Gerais - COPASA MG's Inventory Turnover 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.

Compania deneamento de Minas Gerais - COPASA MG Inventory Turnover Chart

Compania deneamento de Minas Gerais - COPASA MG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.20 37.90 38.06 41.58 45.48

Compania deneamento de Minas Gerais - COPASA MG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Inventory Turnover 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 10.65 10.98 11.84 12.01 11.46
BSP:CSMG3
83GF Score
Compania de Saneamento de Minas Gerais - COPASA MG BSP:CSMG3
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Compania deneamento de Minas Gerais - COPASA MG Inventory Turnover Calculation

Compania deneamento de Minas Gerais - COPASA MG's Inventory Turnover for the fiscal year that ended in Dec. 2025 is calculated as

Inventory Turnover (A: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2025 ) / ((Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count )
=4797.685 / ((104.85 + 106.14) / 2 )
=4797.685 / 105.495
=45.48

Compania deneamento de Minas Gerais - COPASA MG's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover (Q: Mar. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2026 ) / ((Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count )
=1205.964 / ((106.14 + 104.26) / 2 )
=1205.964 / 105.2
=11.46

* 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 Inventory Turnover →
What does a Inventory Turnover of 11.46 mean?
Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) has a Inventory Turnover of 11.46 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Compania deneamento de Minas Gerais - COPASA MG and its competitors.
Is Compania deneamento de Minas Gerais - COPASA MG's Inventory Turnover too high?
Compania deneamento de Minas Gerais - COPASA MG's current Inventory Turnover is 11.46. Overall, Compania deneamento de Minas Gerais - COPASA MG has a GF Score™ of 83/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Compania deneamento de Minas Gerais - COPASA MG's Inventory Turnover compare to AWK and WTRG?
Compania deneamento de Minas Gerais - COPASA MG's Inventory Turnover of 11.46 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Inventory Turnover for an Utilities - Regulated company?
A good Inventory Turnover depends on the Utilities - Regulated industry context. However, Inventory Turnover should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Inventory Turnover mean?
A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Compania deneamento de Minas Gerais - COPASA MG and its competitors. Compania deneamento de Minas Gerais - COPASA MG's current Inventory Turnover is 11.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Compania deneamento de Minas Gerais - COPASA MG stock overvalued right now?
Based on GuruFocus' analysis, Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$25.12, compared to a current price of R$63.16 — trading 151.4% above its estimated fair value. The current Inventory Turnover is 11.46. Compania deneamento de Minas Gerais - COPASA MG's overall GF Score™ is 83/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Inventory Turnover calculated?
Inventory Turnover is calculated from a company's financial statements. For Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3), the current Inventory Turnover is 11.46 as of Mar. 2026. 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.

Is Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) Overvalued in 2026?

Based on GuruFocus' analysis, Compania deneamento de Minas Gerais - COPASA MG stock appears to be overvalued. The current stock price of R$63.16 is trading 151.4% above its estimated GF Value™ of R$25.12. GuruFocus considers Compania deneamento de Minas Gerais - COPASA MG to be Significantly Overvalued.

Key valuation signals for BSP:CSMG3:

  • Inventory Turnover: 11.46
  • GF Value™: R$25.12 vs. price of R$63.16 (151.4% above fair value)
  • GF Score™: 83/100 with 9 warning signs

No single metric tells the full story. See the BSP:CSMG3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Compania deneamento de Minas Gerais - COPASA MG Business Description

Address Rua Mar de Espanha 525, Santo Antonio, Belo Horizonte, MG, BRA, 30330900
Compania de Saneamento de Minas Gerais - COPASA MG provides water supply, sewage, and solid waste services. The company operates out of subsidiaries COPASA Servicos de Irrigacao S.A., COPASA Aguas Minerais de Minas S.A, and COPANOR. COPASA Servicos de Irrigacao S.A. manages, performs, and sells irrigation system services. COPASA Aguas Minerais de Minas S.A. produces, bottles, distributes, and sells mineral water. COPANOR provides water supply and sewage treatment services across the North and Northeast regions of the State of Minas Gerais. A majority of revenue is derived from water services while the rest is derived from sewage services. The company operates out of Brazil, where an amount of revenue is generated.
83GF Score

Get the complete analysis for BSP:CSMG3

Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$63.16
Price
R$25.12
GF Value