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Antioquia Gold (Antioquia Gold) Days Inventory : 130.00 (As of Sep. 2023)


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What is Antioquia Gold Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Antioquia Gold's Average Total Inventories for the three months ended in Sep. 2023 was $13.51 Mil. Antioquia Gold's Cost of Goods Sold for the three months ended in Sep. 2023 was $9.48 Mil. Hence, Antioquia Gold's Days Inventory for the three months ended in Sep. 2023 was 130.00.

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

AGDXF' s Days Inventory Range Over the Past 10 Years
Min: 37.87   Med: 44.01   Max: 65.35
Current: 65

During the past 13 years, Antioquia Gold's highest Days Inventory was 65.35. The lowest was 37.87. And the median was 44.01.

AGDXF's Days Inventory is ranked better than
65.2% of 658 companies
in the Metals & Mining industry
Industry Median: 87.15 vs AGDXF: 65.00

Antioquia Gold's Days Inventory increased from Sep. 2022 (52.25) to Sep. 2023 (130.00). It might indicate that Antioquia Gold's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Antioquia Gold's Inventory Turnover for the three months ended in Sep. 2023 was 0.70.

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. Antioquia Gold's Inventory-to-Revenue for the three months ended in Sep. 2023 was 1.52.


Antioquia Gold Days Inventory Historical Data

The historical data trend for Antioquia Gold'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.

Antioquia Gold Days Inventory Chart

Antioquia Gold Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 37.71 64.76 44.29 44.72

Antioquia Gold Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 52.25 53.30 53.65 45.17 130.00

Competitive Comparison of Antioquia Gold's Days Inventory

For the Gold subindustry, Antioquia Gold'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.


Antioquia Gold's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Antioquia Gold's Days Inventory falls into.



Antioquia Gold Days Inventory Calculation

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

Antioquia Gold's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (6.554 + 10.283) / 2 ) / 68.714*365
=8.4185 / 68.714*365
=44.72

Antioquia Gold'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: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (9.834 + 17.177) / 2 ) / 9.48*365 / 4
=13.5055 / 9.48*365 / 4
=130.00

* 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.


Antioquia Gold  (OTCPK:AGDXF) 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.

Antioquia Gold's Inventory Turnover for the three 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.

Antioquia Gold's Inventory to Revenue for the three 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.


Antioquia Gold Days Inventory Related Terms

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


Antioquia Gold (Antioquia Gold) Business Description

Traded in Other Exchanges
N/A
Address
2 Toronto Street, Suite 106, Toronto, ON, CAN, M5C 2B5
Antioquia Gold Inc is a Canada-based mineral exploration and development company. It is engaged in the acquisition, exploration, evaluation, and development of mineral resource properties in Colombia. The company's project includes the Cisneros project. The project covers approximately 5,630 hectares and is located in the central portion of the department of Antioquia, about 80 kilometers northeast of Medellin. The Company has one operating and reporting segment in mining which operates in one geographic area - Colombia and is listed in Canada.

Antioquia Gold (Antioquia Gold) Headlines

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