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LafargeHolcim Maroc (CAS:LHM) Days Inventory : 98.93 (As of Dec. 2023)


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What is LafargeHolcim Maroc Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). LafargeHolcim Maroc's Average Total Inventories for the six months ended in Dec. 2023 was MAD718 Mil. LafargeHolcim Maroc's Cost of Goods Sold for the six months ended in Dec. 2023 was MAD1,325 Mil. Hence, LafargeHolcim Maroc's Days Inventory for the six months ended in Dec. 2023 was 98.93.

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

CAS:LHM' s Days Inventory Range Over the Past 10 Years
Min: 83.08   Med: 89.4   Max: 97.55
Current: 89.99

During the past 13 years, LafargeHolcim Maroc's highest Days Inventory was 97.55. The lowest was 83.08. And the median was 89.40.

CAS:LHM's Days Inventory is ranked worse than
53.39% of 369 companies
in the Building Materials industry
Industry Median: 83.79 vs CAS:LHM: 89.99

LafargeHolcim Maroc's Days Inventory increased from Dec. 2022 (95.29) to Dec. 2023 (98.93). It might indicate that LafargeHolcim Maroc's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. LafargeHolcim Maroc's Inventory Turnover for the six months ended in Dec. 2023 was 1.84.

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. LafargeHolcim Maroc's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.18.


LafargeHolcim Maroc Days Inventory Historical Data

The historical data trend for LafargeHolcim 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.

LafargeHolcim Maroc Days Inventory Chart

LafargeHolcim Maroc 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 83.08 96.11 86.11 84.65 83.16

LafargeHolcim 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 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 80.97 96.86 95.29 88.41 98.93

Competitive Comparison of LafargeHolcim Maroc's Days Inventory

For the Building Materials subindustry, LafargeHolcim 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.


LafargeHolcim Maroc's Days Inventory Distribution in the Building Materials Industry

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

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



LafargeHolcim Maroc Days Inventory Calculation

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

LafargeHolcim 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
=( (625.726 + 644.907) / 2 ) / 2788.543*365
=635.3165 / 2788.543*365
=83.16

LafargeHolcim 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
=( (791.931 + 644.907) / 2 ) / 1325.291*365 / 2
=718.419 / 1325.291*365 / 2
=98.93

* 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.


LafargeHolcim Maroc  (CAS:LHM) 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.

LafargeHolcim Maroc's Inventory Turnover for the six 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.

LafargeHolcim Maroc's Inventory to Revenue for the six 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.


LafargeHolcim Maroc Days Inventory Related Terms

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


LafargeHolcim Maroc (CAS:LHM) Business Description

Traded in Other Exchanges
N/A
Address
6, Route de Mekka, Quartier les Cretes, Casablanca, MAR, 20150
LafargeHolcim Maroc SA is a Morocco-based company. It is engaged in the manufacturing and sale of cement and hydraulic binders to the construction industry. Its product portfolio consists of cement, concretes, aggregates, plasters, and lime.

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