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Hecla Mining Co (Hecla Mining Co) Days Inventory : 56.65 (As of Dec. 2023)


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What is Hecla Mining Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hecla Mining Co's Average Total Inventories for the three months ended in Dec. 2023 was $95.5 Mil. Hecla Mining Co's Cost of Goods Sold for the three months ended in Dec. 2023 was $153.8 Mil. Hence, Hecla Mining Co's Days Inventory for the three months ended in Dec. 2023 was 56.65.

The historical rank and industry rank for Hecla Mining Co's Days Inventory or its related term are showing as below:

HL' s Days Inventory Range Over the Past 10 Years
Min: 37.75   Med: 46.62   Max: 55.84
Current: 55.37

During the past 13 years, Hecla Mining Co's highest Days Inventory was 55.84. The lowest was 37.75. And the median was 46.62.

HL's Days Inventory is ranked better than
71.43% of 658 companies
in the Metals & Mining industry
Industry Median: 87.34 vs HL: 55.37

Hecla Mining Co's Days Inventory increased from Dec. 2022 (49.08) to Dec. 2023 (56.65). It might indicate that Hecla Mining Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hecla Mining Co's Inventory Turnover for the three 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. Hecla Mining Co's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.59.


Hecla Mining Co Days Inventory Historical Data

The historical data trend for Hecla Mining Co'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.

Hecla Mining Co Days Inventory Chart

Hecla Mining Co 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 43.88 55.84 50.74 47.97 55.39

Hecla Mining Co 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 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 49.08 48.53 58.12 59.01 56.65

Competitive Comparison of Hecla Mining Co's Days Inventory

For the Other Precious Metals & Mining subindustry, Hecla Mining Co'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.


Hecla Mining Co's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Hecla Mining Co's Days Inventory falls into.



Hecla Mining Co Days Inventory Calculation

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

Hecla Mining Co'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
=( (90.672 + 93.647) / 2 ) / 607.278*365
=92.1595 / 607.278*365
=55.39

Hecla Mining Co'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
=( (97.348 + 93.647) / 2 ) / 153.825*365 / 4
=95.4975 / 153.825*365 / 4
=56.65

* 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.


Hecla Mining Co  (NYSE:HL) 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.

Hecla Mining Co's Inventory Turnover for the three 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.

Hecla Mining Co's Inventory to Revenue for the three 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.


Hecla Mining Co Days Inventory Related Terms

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


Hecla Mining Co (Hecla Mining Co) Business Description

Traded in Other Exchanges
Address
6500 North Mineral Drive, Suite 200, Coeur d'Alene, ID, USA, 83815-9408
Hecla Mining Co produces and explores silver, gold, lead, and zinc. The operating business segments are Greens Creek, Lucky Friday, Keno Hill, Casa Berardi, and Nevada Operations. It generates maximum revenue from the Greens Creek segment. Geographically, it derives a majority of its revenue from Canada.
Executives
George R Johnson director 6500 N MINERAL DR, SUITE 200, COEUR D ALENE ID 83815
Kurt Allen officer: Vice President - Exploration 6500 N. MINERAL DR., SUITE 200, COEUR D'ALENE ID 83815
Michael L. Clary officer: Sr. VP & Chief Admin. Officer 6500 N. MINERAL DR., SUITE 200, COEUR D'ALENE ID 83815
David C Sienko officer: Vice President - Gen. Counsel 6500 N. MINERAL DRIVE, SUITE 200, COEUR D'ALENE ID 83815
Stephen F Ralbovsky director 6500 N MINERAL DR, SUITE 200, COEUR D ALENE ID 83815
Charles B Stanley director 6500 NORTH MINERAL DRIVE, COEUR D'ALENE ID 83815-9408
Theodore Crumley director 2390 N. TOWERVIEW LANE, BOISE ID 83702
Terry V Rogers director 6500 N. MINERAL DR., SUITE 200, COEUR D'ALENE ID 83815
Nethercutt George R Jr director 6500 N. MINERAL DRIVE, SUITE 200, COEUR D'ALENE ID 83815-9408
Russell Douglas Lawlar officer: Sr. VP, CFO and Treasurer 6500 N. MINERAL DR., SUITE 200, COEUR D'ALENE ID 83815
Alice Wong director 6500 N. MINERAL DR, SUITE 200, COEUR D ALENE ID 83815
Baker Phillips S Jr director, officer: President, CEO & CFO 6500 NORTH MINERAL DRIVE, SUITE 200, COEUR D 'ALENE ID 83815
Robert Denis Brown officer: Vice President - Corp. Develp. 6500 N MINERAL DR, SUITE 200, COEUR D ALENE ID 83815
Lauren M Roberts officer: Sr. Vice President & COO 6500 N MINERAL DR, SUITE 200, COEUR D ALENE ID 83815
Catherine J Boggs director 6500 N MINERAL DR., SUITE 200, COEUR D'ALENE ID 83815