CMO Group (LSE:CMO) Days Inventory : 34.31 (As of Jun. 2023)

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What is CMO Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). CMO Group's Average Total Inventories for the six months ended in Jun. 2023 was £5.42 Mil. CMO Group's Cost of Goods Sold for the six months ended in Jun. 2023 was £28.83 Mil. Hence, CMO Group's Days Inventory for the six months ended in Jun. 2023 was 34.31.

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

LSE:CMO' s Days Inventory Range Over the Past 10 Years
Min: 8.27 Med: 17.06 Max: 35.29
Current: 35.29

During the past 5 years, CMO Group's highest Days Inventory was 35.29. The lowest was 8.27. And the median was 17.06.

LSE:CMO's Days Inventory is ranked better than
85.11% of 1068 companies
in the Retail - Cyclical industry
Industry Median: 110.73 vs LSE:CMO: 35.29

CMO Group's Days Inventory declined from Jun. 2022 (34.47) to Jun. 2023 (34.31).

Inventory Turnover measures how fast the company turns over its inventory within a year. CMO Group's Inventory Turnover for the six months ended in Jun. 2023 was 5.32.

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. CMO Group's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.15.

CMO Group Days Inventory Historical Data

The historical data trend for CMO 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.

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CMO Group Days Inventory Chart

CMO Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

10.57

8.27

17.06

26.38

29.98

CMO Group Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Days Inventory	Get a 7-Day Free Trial				21.33	28.15	34.47	34.66	34.31

Competitive Comparison of CMO Group's Days Inventory

For the Home Improvement Retail subindustry, CMO 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.

CMO Group's Days Inventory Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, CMO Group's Days Inventory distribution charts can be found below:

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

CMO Group Days Inventory Calculation

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

CMO Group's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (5.474	+	5.454)	/	2 )	/	66.531	*	365
=	5.464					/	66.531	*	365
=	29.98

CMO Group's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

	Days Inventory (Q: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
=	( (5.454	+	5.385)	/	2 )	/	28.828	*	365 / 2
=	5.4195					/	28.828	*	365 / 2
=	34.31

CMO Group (LSE:CMO) 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.

CMO Group's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	28.828	/	5.4195
	=	5.32

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.

CMO Group's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	5.4195	/	36.878
	=	0.15

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.

CMO Group Days Inventory Related Terms

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