Colorado Peintures (CAS:COL) Days Inventory : 146.59 (As of Dec. 2023)

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What is Colorado Peintures Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Colorado Peintures's Average Total Inventories for the six months ended in Dec. 2023 was MAD160.6 Mil. Colorado Peintures's Cost of Goods Sold for the six months ended in Dec. 2023 was MAD199.9 Mil. Hence, Colorado Peintures's Days Inventory for the six months ended in Dec. 2023 was 146.59.

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

CAS:COL' s Days Inventory Range Over the Past 10 Years
Min: 146.38 Med: 162.79 Max: 173.8
Current: 155.63

During the past 11 years, Colorado Peintures's highest Days Inventory was 173.80. The lowest was 146.38. And the median was 162.79.

CAS:COL's Days Inventory is ranked worse than
81.97% of 1492 companies
in the Chemicals industry
Industry Median: 82.18 vs CAS:COL: 155.63

Colorado Peintures's Days Inventory declined from Dec. 2022 (175.20) to Dec. 2023 (146.59).

Inventory Turnover measures how fast the company turns over its inventory within a year. Colorado Peintures's Inventory Turnover for the six months ended in Dec. 2023 was 1.25.

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. Colorado Peintures's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.51.

Colorado Peintures Days Inventory Historical Data

The historical data trend for Colorado Peintures'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.

Colorado Peintures Days Inventory Chart

Colorado Peintures Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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165.44

173.40

156.84

173.66

160.14

Colorado Peintures Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															150.09	185.59	175.20	160.08	146.59

Competitive Comparison of Colorado Peintures's Days Inventory

For the Specialty Chemicals subindustry, Colorado Peintures'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.

Colorado Peintures's Days Inventory Distribution in the Chemicals Industry

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

* The bar in red indicates where Colorado Peintures's Days Inventory falls into.

Colorado Peintures Days Inventory Calculation

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

Colorado Peintures'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
=	( (193.817	+	159.474)	/	2 )	/	402.62	*	365
=	176.6455					/	402.62	*	365
=	160.14

Colorado Peintures's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (161.725	+	159.474)	/	2 )	/	199.948	*	365 / 2
=	160.5995					/	199.948	*	365 / 2
=	146.59

Colorado Peintures (CAS:COL) 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.

Colorado Peintures's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	199.948	/	160.5995
	=	1.25

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.

Colorado Peintures's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	160.5995	/	314.528
	=	0.51

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.

Colorado Peintures Days Inventory Related Terms

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

Colorado Peintures (CAS:COL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Colorado Peintures (CAS:COL) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Route My Thami Km 15, Commune Rurale Oulad Azouz, Dar Bouazza, Casablanca, MAR, 20100

Website

http://www.colorado.ma

Colorado Peintures is engaged in the production of architectural paint as well as decorative paints. The company provides interior paints, exterior paints, automotive refinish, tinting machine, and industrial coatings.