Denison Mines (Denison Mines) Days Inventory : 0.00 (As of Dec. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Denison Mines Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Denison Mines's Average Total Inventories for the three months ended in Dec. 2023 was $2.55 Mil. Denison Mines's Cost of Goods Sold for the three months ended in Dec. 2023 was $-3.14 Mil.

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

DNN' s Days Inventory Range Over the Past 10 Years
Min: 61.22 Med: 90.04 Max: 309.56
Current: 299.29

During the past 13 years, Denison Mines's highest Days Inventory was 309.56. The lowest was 61.22. And the median was 90.04.

DNN's Days Inventory is ranked worse than
94.78% of 115 companies
in the Other Energy Sources industry
Industry Median: 29.96 vs DNN: 299.29

Denison Mines's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Denison Mines's Inventory Turnover for the three months ended in Dec. 2023 was -1.23.

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.

Denison Mines Days Inventory Historical Data

The historical data trend for Denison Mines'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.

Denison Mines Days Inventory Chart

Denison Mines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

88.06

110.79

93.51

228.00

307.80

Denison Mines 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															-	99.90	86.98	119.47	-

Competitive Comparison of Denison Mines's Days Inventory

For the Uranium subindustry, Denison Mines'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.

Denison Mines's Days Inventory Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Denison Mines's Days Inventory distribution charts can be found below:

* The bar in red indicates where Denison Mines's Days Inventory falls into.

Denison Mines Days Inventory Calculation

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

Denison Mines'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
=	( (1.997	+	2.668)	/	2 )	/	2.766	*	365
=	2.3325					/	2.766	*	365
=	307.80

Denison Mines'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
=	( (2.436	+	2.668)	/	2 )	/	-3.136	*	365 / 4
=	2.552					/	-3.136	*	365 / 4
=	N/A

Denison Mines (AMEX:DNN) 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.

Denison Mines's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	-3.136	/	2.552
	=	-1.23

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.

Denison Mines's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.552	/	-4.092
	=

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.

Denison Mines Days Inventory Related Terms

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

Denison Mines (Denison Mines) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Denison Mines Corp (AMEX:DNN) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

IUQ:Germany IUQ:Germany DML:Canada

Address

40 University Avenue, Suite 1100, Toronto, ON, CAN, M5J 1T1

Website

https://www.denisonmines.com

Denison Mines Corp is a uranium exploration and development company with interests focused in the Athabasca Basin region of northern Saskatchewan, Canada. The company has an effective 95% interest in its flagship Wheeler River Uranium Project, which is the largest undeveloped uranium project in the infrastructure rich eastern portion of the Athabasca Basin region of northern Saskatchewan. The company is also engaged in mine decommissioning and environmental services through its Closed Mines group, which manages its Elliot Lake reclamation projects and provides third-party post-closure mine care and maintenance services.