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CMC Markets (LSE:CMCX) Days Inventory : 0.00 (As of Sep. 2023)


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What is CMC Markets Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). CMC Markets's Average Total Inventories for the six months ended in Sep. 2023 was £0.0 Mil. CMC Markets's Cost of Goods Sold for the six months ended in Sep. 2023 was £53.2 Mil. Hence, CMC Markets's Days Inventory for the six months ended in Sep. 2023 was 0.00.

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

LSE:CMCX's Days Inventory is not ranked *
in the Capital Markets industry.
Industry Median: 62.62
* Ranked among companies with meaningful Days Inventory only.

CMC Markets's Days Inventory stayed the same from Sep. 2022 (0.00) to Sep. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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. CMC Markets's Inventory-to-Revenue for the six months ended in Sep. 2023 was 0.00.


CMC Markets Days Inventory Historical Data

The historical data trend for CMC Markets'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.

CMC Markets Days Inventory Chart

CMC Markets Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Days Inventory
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CMC Markets Semi-Annual Data
Mar13 Mar14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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Competitive Comparison of CMC Markets's Days Inventory

For the Capital Markets subindustry, CMC Markets'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.


CMC Markets's Days Inventory Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, CMC Markets's Days Inventory distribution charts can be found below:

* The bar in red indicates where CMC Markets's Days Inventory falls into.



CMC Markets Days Inventory Calculation

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

CMC Markets'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
=( (0 + 0) / 1 ) / 95.859*365
=0 / 95.859*365
=0.00

CMC Markets's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 53.208*365 / 2
=0 / 53.208*365 / 2
=0.00

* 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.


CMC Markets  (LSE:CMCX) 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.

CMC Markets's Inventory Turnover for the six months ended in Sep. 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.

CMC Markets's Inventory to Revenue for the six months ended in Sep. 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.


CMC Markets Days Inventory Related Terms

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


CMC Markets (LSE:CMCX) Business Description

Traded in Other Exchanges
Address
133 Houndsditch, London, GBR, EC3A 7BX
CMC Markets PLC is a United Kingdom-based company that provides online and mobile trading services. The company's core business is to provide online retail financial services and allows people to trade in various financial products of underlying assets such as forex markets, indices, shares, commodities, and treasuries. Its operating segments include Trading - CFD and spread bet - UK and Ireland; Trading - CFD - Europe; Trading - CFD - Australia, New Zealand and Singapore (APAC) and Canada and Investing - Stockbroking - Australia.

CMC Markets (LSE:CMCX) Headlines

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