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Capstone Copper (TSX:CS) Days Inventory : 40.84 (As of Dec. 2023)


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What is Capstone Copper Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Capstone Copper's Average Total Inventories for the three months ended in Dec. 2023 was C$199 Mil. Capstone Copper's Cost of Goods Sold for the three months ended in Dec. 2023 was C$446 Mil. Hence, Capstone Copper's Days Inventory for the three months ended in Dec. 2023 was 40.84.

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

TSX:CS' s Days Inventory Range Over the Past 10 Years
Min: 33.54   Med: 60.54   Max: 95.81
Current: 42.55

During the past 13 years, Capstone Copper's highest Days Inventory was 95.81. The lowest was 33.54. And the median was 60.54.

TSX:CS's Days Inventory is ranked better than
79.06% of 659 companies
in the Metals & Mining industry
Industry Median: 88.57 vs TSX:CS: 42.55

Capstone Copper's Days Inventory declined from Dec. 2022 (44.64) to Dec. 2023 (40.84).

Inventory Turnover measures how fast the company turns over its inventory within a year. Capstone Copper's Inventory Turnover for the three months ended in Dec. 2023 was 2.23.

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. Capstone Copper's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.42.


Capstone Copper Days Inventory Historical Data

The historical data trend for Capstone Copper'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.

Capstone Copper Days Inventory Chart

Capstone Copper Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.14 52.78 50.89 33.54 42.24

Capstone Copper 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 44.64 46.33 41.90 41.96 40.84

Competitive Comparison of Capstone Copper's Days Inventory

For the Copper subindustry, Capstone Copper'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.


Capstone Copper's Days Inventory Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Capstone Copper's Days Inventory distribution charts can be found below:

* The bar in red indicates where Capstone Copper's Days Inventory falls into.



Capstone Copper Days Inventory Calculation

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

Capstone Copper'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
=( (191.273 + 200.721) / 2 ) / 1693.765*365
=195.997 / 1693.765*365
=42.24

Capstone Copper'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
=( (198.115 + 200.721) / 2 ) / 445.582*365 / 4
=199.418 / 445.582*365 / 4
=40.84

* 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.


Capstone Copper  (TSX:CS) 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.

Capstone Copper'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.

Capstone Copper'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.


Capstone Copper Days Inventory Related Terms

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


Capstone Copper (TSX:CS) Business Description

Traded in Other Exchanges
Address
510 West Georgia Street, Suite 2100, Vancouver, BC, CAN, V6B 0M3
Capstone Copper Corp is a company that mines, explores, and develops mineral properties in the Americas. Specifically, the group has operating mines in the US, Mexico, and Canada, and development projects in Chile and Canada. Capstone's main focus is copper, but the company also produces zinc, lead, molybdenum, silver, and gold. The Company has six reportable segments which are Pinto Valley (US), Mantos Blancos (Chile), Mantoverde (Chile), Cozamin (Mexico), as well as the Santo Domingo development project (Chile) and Other.

Capstone Copper (TSX:CS) Headlines

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