Ciments du Maroc (CAS:CMA) Days Inventory : 113.17 (As of Dec. 2023)

View and export this data going back to 1969. Start your Free Trial

What is Ciments du Maroc Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ciments du Maroc's Average Total Inventories for the six months ended in Dec. 2023 was MAD690 Mil. Ciments du Maroc's Cost of Goods Sold for the six months ended in Dec. 2023 was MAD1,112 Mil. Hence, Ciments du Maroc's Days Inventory for the six months ended in Dec. 2023 was 113.17.

The historical rank and industry rank for Ciments du Maroc's Days Inventory or its related term are showing as below:

CAS:CMA' s Days Inventory Range Over the Past 10 Years
Min: 85.91 Med: 99.21 Max: 116.52
Current: 111.34

During the past 13 years, Ciments du Maroc's highest Days Inventory was 116.52. The lowest was 85.91. And the median was 99.21.

CAS:CMA's Days Inventory is ranked worse than
63.59% of 368 companies
in the Building Materials industry
Industry Median: 83.49 vs CAS:CMA: 111.34

Ciments du Maroc's Days Inventory increased from Dec. 2022 (112.62) to Dec. 2023 (113.17). It might indicate that Ciments du Maroc's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ciments du Maroc's Inventory Turnover for the six months ended in Dec. 2023 was 1.61.

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. Ciments du Maroc's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.32.

Ciments du Maroc Days Inventory Historical Data

The historical data trend for Ciments du Maroc'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.

Ciments du Maroc Days Inventory Chart

Ciments du Maroc Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

102.13

103.95

85.91

94.27

105.57

Ciments du Maroc 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															88.60	105.70	112.62	115.25	113.17

Competitive Comparison of Ciments du Maroc's Days Inventory

For the Building Materials subindustry, Ciments du Maroc'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.

Ciments du Maroc's Days Inventory Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Ciments du Maroc's Days Inventory distribution charts can be found below:

* The bar in red indicates where Ciments du Maroc's Days Inventory falls into.

Ciments du Maroc Days Inventory Calculation

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

Ciments du Maroc'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
=	( (692.337	+	617.025)	/	2 )	/	2263.407	*	365
=	654.681					/	2263.407	*	365
=	105.57

Ciments du Maroc'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
=	( (761.989	+	617.025)	/	2 )	/	1111.9	*	365 / 2
=	689.507					/	1111.9	*	365 / 2
=	113.17

Ciments du Maroc (CAS:CMA) 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.

Ciments du Maroc's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1111.9	/	689.507
	=	1.61

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.

Ciments du Maroc's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	689.507	/	2174.598
	=	0.32

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.

Ciments du Maroc Days Inventory Related Terms

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

Ciments du Maroc (CAS:CMA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Ciments du Maroc SA (CAS:CMA) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

621. Boulevard Panoramique, Casablanca, MAR, 20150

Website

http://www.cimentsdumaroc.com

Ciments du Maroc SA is a cement producer in Morocco and acts as an operator in ready-mixed concrete and aggregates. The product line of the company includes cement, concrete ready-to-use, aggregates, and others. It also offers its customers a Technical Assistance service including maturometry, MBE (Equivalent Concrete Mortar) tests, cement slurry tests or quick identification of cement. The company operates MyCimar portal which allows customers to consult the movements of their activity with the company.