Petra Diamonds (Petra Diamonds) Days Inventory

: 82.39 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Petra Diamonds's Average Total Inventories for the six months ended in Dec. 2023 was $84.2 Mil. Petra Diamonds's Cost of Goods Sold for the six months ended in Dec. 2023 was $186.5 Mil. Hence, Petra Diamonds's Days Inventory for the six months ended in Dec. 2023 was 82.39.

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

PDLMF' s Days Inventory Range Over the Past 10 Years
Min: 52.72 Med: 69.8 Max: 143.4
Current: 96.75

During the past 13 years, Petra Diamonds's highest Days Inventory was 143.40. The lowest was 52.72. And the median was 69.80.

PDLMF's Days Inventory is ranked worse than
54.03% of 657 companies
in the Metals & Mining industry
Industry Median: 87.27 vs PDLMF: 96.75

Petra Diamonds's Days Inventory declined from Dec. 2022 (83.52) to Dec. 2023 (82.39).

Inventory Turnover measures how fast the company turns over its inventory within a year. Petra Diamonds's Inventory Turnover for the six months ended in Dec. 2023 was 2.21.

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. Petra Diamonds's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.45.

Petra Diamonds Days Inventory Historical Data

The historical data trend for Petra Diamonds'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.

Petra Diamonds Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

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73.12

144.22

83.53

66.64

97.24

Petra Diamonds Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															93.69	75.15	83.52	117.59	82.39

Competitive Comparison

For the Other Precious Metals & Mining subindustry, Petra Diamonds'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.

Petra Diamonds Days Inventory Distribution

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

* The bar in red indicates where Petra Diamonds's Days Inventory falls into.

Petra Diamonds Days Inventory Calculation

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

Petra Diamonds's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (70.6	+	88.4)	/	2 )	/	298.4	*	365
=	79.5					/	298.4	*	365
=	97.24

Petra Diamonds'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: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (88.4	+	80)	/	2 )	/	186.5	*	365 / 2
=	84.2					/	186.5	*	365 / 2
=	82.39

Petra Diamonds (OTCPK:PDLMF) 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.

Petra Diamonds's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	186.5	/	84.2
	=	2.21

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.

Petra Diamonds's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	84.2	/	187.8
	=	0.45

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.

Petra Diamonds Days Inventory Related Terms

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

Petra Diamonds (Petra Diamonds) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Petra Diamonds Ltd (OTCPK:PDLMF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

PDLl:UK PDL:UK FPO:Germany

Address

2 Church Street, Clarendon House, Hamilton, BMU, HM11

Website

https://www.petradiamonds.com

Petra Diamonds Ltd is an independent diamond mining company and supplier of rough diamonds to the international market. Group functions through Mining and Exploration segment which include extraction and sale of rough diamonds from mining operations in South Africa and Tanzania and exploration activities in Botswana. Its operating mines include Finsch, Cullinan, Koffiefontein, and Williamson. Revenue for the firm is generated through the sale of goods.