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Eurasian Natural Resources (Eurasian Natural Resources) Days Inventory : 119.29 (As of Dec. 2013)


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What is Eurasian Natural Resources Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Eurasian Natural Resources's Average Total Inventories for the six months ended in Dec. 2013 was $1,257 Mil. Eurasian Natural Resources's Cost of Goods Sold for the six months ended in Dec. 2013 was $3,846 Mil. Hence, Eurasian Natural Resources's Days Inventory for the six months ended in Dec. 2013 was 59.65.

The historical rank and industry rank for Eurasian Natural Resources's Days Inventory or its related term are showing as below:

EURNY's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 88.64
* Ranked among companies with meaningful Days Inventory only.

Eurasian Natural Resources's Days Inventory increased from Dec. 2011 (98.02) to Dec. 2013 (119.29). It might indicate that Eurasian Natural Resources's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Eurasian Natural Resources's Inventory Turnover for the six months ended in Dec. 2013 was 3.06.

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. Eurasian Natural Resources's Inventory-to-Revenue for the six months ended in Dec. 2013 was 0.20.


Eurasian Natural Resources Days Inventory Historical Data

The historical data trend for Eurasian Natural Resources'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.

Eurasian Natural Resources Days Inventory Chart

Eurasian Natural Resources Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 124.76 94.17 98.02 113.68 119.29

Eurasian Natural Resources Semi-Annual Data
Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only 124.76 94.17 98.02 113.68 119.29

Competitive Comparison of Eurasian Natural Resources's Days Inventory

For the Other Industrial Metals & Mining subindustry, Eurasian Natural Resources'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.


Eurasian Natural Resources's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Eurasian Natural Resources's Days Inventory falls into.



Eurasian Natural Resources Days Inventory Calculation

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

Eurasian Natural Resources's Days Inventory for the fiscal year that ended in Dec. 2013 is calculated as

Days Inventory (A: Dec. 2013 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2012 ) + Total Inventories (A: Dec. 2013 )) / count ) / Cost of Goods Sold (A: Dec. 2013 )*Days in Period
=( (1292 + 1222) / 2 ) / 3846*365
=1257 / 3846*365
=119.29

Eurasian Natural Resources's Days Inventory for the quarter that ended in Dec. 2013 is calculated as:

Days Inventory (Q: Dec. 2013 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2012 ) + Total Inventories (Q: Dec. 2013 )) / count ) / Cost of Goods Sold (Q: Dec. 2013 )*Days in Period
=( (1292 + 1222) / 2 ) / 3846*365 / 2
=1257 / 3846*365 / 2
=59.65

* 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.


Eurasian Natural Resources  (OTCPK:EURNY) 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.

Eurasian Natural Resources's Inventory Turnover for the six months ended in Dec. 2013 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.

Eurasian Natural Resources's Inventory to Revenue for the six months ended in Dec. 2013 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.


Eurasian Natural Resources Days Inventory Related Terms

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


Eurasian Natural Resources (Eurasian Natural Resources) Business Description

Traded in Other Exchanges
N/A
Address
Eurasian Natural Resources Corp Ltd was incorporated on December 06, 2006. It is a diversified natural resources company. It performs integrated mining, processing, power generation, logistics and marketing operations. Its six operating segments are Ferroalloys, Iron Ore, Alumina and Aluminium, Other Non-ferrous, Energy, and Logistics. Ferroalloys comprises the extraction and sale of chrome ore as well as the production of ferroalloys from chromium and manganese ores. Iron Ore comprises exploration, extraction, processing and manufacturing of iron ore products. Alumina and Aluminium comprises extraction and processing of bauxite and limestone, and smelting of alumina and aluminium. Other Non-ferrous comprises the exploration and extraction, processing and manufacturing of copper and cobalt products, and the exploration of other minerals in Africa. Energy comprises coal mining and power generation. Logistics includes transportation and logistical services to the company's primary operating divisions and to third parties.

Eurasian Natural Resources (Eurasian Natural Resources) Headlines

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