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Century Global Commodities (TSX:CNT) Days Inventory : 67.47 (As of Dec. 2023)


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What is Century Global Commodities Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Century Global Commodities's Average Total Inventories for the three months ended in Dec. 2023 was C$1.91 Mil. Century Global Commodities's Cost of Goods Sold for the three months ended in Dec. 2023 was C$2.58 Mil. Hence, Century Global Commodities's Days Inventory for the three months ended in Dec. 2023 was 67.47.

The historical rank and industry rank for Century Global Commodities's Days Inventory or its related term are showing as below:

TSX:CNT' s Days Inventory Range Over the Past 10 Years
Min: 76.37   Med: 92.64   Max: 266.51
Current: 84.9

During the past 13 years, Century Global Commodities's highest Days Inventory was 266.51. The lowest was 76.37. And the median was 92.64.

TSX:CNT's Days Inventory is ranked worse than
84.28% of 299 companies
in the Retail - Defensive industry
Industry Median: 36.41 vs TSX:CNT: 84.90

Century Global Commodities's Days Inventory declined from Dec. 2022 (103.26) to Dec. 2023 (67.47).

Inventory Turnover measures how fast the company turns over its inventory within a year. Century Global Commodities's Inventory Turnover for the three months ended in Dec. 2023 was 1.35.

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. Century Global Commodities's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.56.


Century Global Commodities Days Inventory Historical Data

The historical data trend for Century Global Commodities'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.

Century Global Commodities Days Inventory Chart

Century Global Commodities Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 76.37 95.09 96.89 83.30 87.79

Century Global Commodities Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 103.26 106.55 86.45 73.69 67.47

Competitive Comparison of Century Global Commodities's Days Inventory

For the Food Distribution subindustry, Century Global Commodities'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.


Century Global Commodities's Days Inventory Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Century Global Commodities's Days Inventory distribution charts can be found below:

* The bar in red indicates where Century Global Commodities's Days Inventory falls into.



Century Global Commodities Days Inventory Calculation

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

Century Global Commodities's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

Days Inventory (A: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2022 ) + Total Inventories (A: Mar. 2023 )) / count ) / Cost of Goods Sold (A: Mar. 2023 )*Days in Period
=( (1.349 + 2.533) / 2 ) / 8.07*365
=1.941 / 8.07*365
=87.79

Century Global Commodities'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (1.703 + 2.108) / 2 ) / 2.577*365 / 4
=1.9055 / 2.577*365 / 4
=67.47

* 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.


Century Global Commodities  (TSX:CNT) 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.

Century Global Commodities's Inventory Turnover for the three months ended in Dec. 2023 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.

Century Global Commodities's Inventory to Revenue for the three months ended in Dec. 2023 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.


Century Global Commodities Days Inventory Related Terms

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


Century Global Commodities (TSX:CNT) Business Description

Traded in Other Exchanges
Address
Houston Centre, 63 Mody Road, Unit 905-6, 9th Floor, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Century Global Commodities Corp is a diversified company primarily engaged in exploration and mining activities with assets in the Provinces of Newfoundland and Labrador, and Quebec, Canada. It also has operations in the distribution of food in China. Its segments include the Mining segment, which engages in the exploration and development of mineral projects in Canada and the investment in global mining securities; the Food segment, which engages in the distribution of food and the provision of food service in Hong Kong and Mainland China; and the Corporate segment, which mainly represents the group's corporate and managerial functions. It derives a majority of its revenue from the Food segment.
Executives
Sandy Chun Kwan Chim Director, Director or Senior Officer of 10% Security Holder, Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer

Century Global Commodities (TSX:CNT) Headlines

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