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SilverCrest Mines (SilverCrest Mines) Days Inventory : 79.36 (As of Jun. 2015)


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What is SilverCrest Mines Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). SilverCrest Mines's Average Total Inventories for the three months ended in Jun. 2015 was $9.01 Mil. SilverCrest Mines's Cost of Goods Sold for the three months ended in Jun. 2015 was $10.36 Mil. Hence, SilverCrest Mines's Days Inventory for the three months ended in Jun. 2015 was 79.36.

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

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

SilverCrest Mines's Days Inventory declined from Jun. 2014 (232.45) to Jun. 2015 (79.36).

Inventory Turnover measures how fast the company turns over its inventory within a year. SilverCrest Mines's Inventory Turnover for the three months ended in Jun. 2015 was 1.15.

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. SilverCrest Mines's Inventory-to-Revenue for the three months ended in Jun. 2015 was 0.43.


SilverCrest Mines Days Inventory Historical Data

The historical data trend for SilverCrest 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.

SilverCrest Mines Days Inventory Chart

SilverCrest Mines Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 186.08 214.58 230.49 139.69

SilverCrest Mines Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 232.45 89.73 39.11 57.97 79.36

Competitive Comparison of SilverCrest Mines's Days Inventory

For the Gold subindustry, SilverCrest 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.


SilverCrest Mines's Days Inventory Distribution in the Metals & Mining Industry

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

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



SilverCrest Mines Days Inventory Calculation

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

SilverCrest Mines's Days Inventory for the fiscal year that ended in Dec. 2014 is calculated as

Days Inventory (A: Dec. 2014 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2013 ) + Total Inventories (A: Dec. 2014 )) / count ) / Cost of Goods Sold (A: Dec. 2014 )*Days in Period
=( (12.896 + 5.166) / 2 ) / 23.597*365
=9.031 / 23.597*365
=139.69

SilverCrest Mines's Days Inventory for the quarter that ended in Jun. 2015 is calculated as:

Days Inventory (Q: Jun. 2015 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2015 ) + Total Inventories (Q: Jun. 2015 )) / count ) / Cost of Goods Sold (Q: Jun. 2015 )*Days in Period
=( (7.739 + 10.274) / 2 ) / 10.356*365 / 4
=9.0065 / 10.356*365 / 4
=79.36

* 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.


SilverCrest Mines  (AMEX:SVLC) 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.

SilverCrest Mines's Inventory Turnover for the three months ended in Jun. 2015 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.

SilverCrest Mines's Inventory to Revenue for the three months ended in Jun. 2015 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.


SilverCrest Mines Days Inventory Related Terms

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


SilverCrest Mines (SilverCrest Mines) Business Description

Traded in Other Exchanges
N/A
Address
SilverCrest Mines Inc was incorporated on May 22, 1973 under the laws of Ontario as Equitable Mines Limited and changed its name to Magic Foods Inc. on July 24, 1985. The Company was continued on May 15, 1998 under the laws of British Columbia as "Lucre Ventures Ltd. The name of the Company was changed to "Strathclair Ventures Ltd." on September 5, 2001 and to "SilverCrest Mines Inc." on May 23, 2003. The Company is a Canadian precious metals producer with a silver and gold asset base and an operating mine located in Mexico. The Company's principal property is the 100% owned Santa Elena Project, which includes the Santa Elena Mine, located 150 kilometres northeast of Hermosillo, near Banamichi in the State of Sonora, Mexico. The Santa Elena Mine is a high-grade, epithermal silver and gold deposit that is currently being operated as an open pit heap leach operation. The Company's other principal property is the La Joya Property in Durango state, Mexico which contains a large polymetallic deposit that is being explored with the aim of developing silver, copper, gold and tungsten resources. The Company also has a portfolio of other mineral properties, which comprise of the Cruz de Mayo Project (Mexico), the Ermitano Property (Mexico), the Silver Angel Project (Mexico) and the El Zapote Project (El Salvador).

SilverCrest Mines (SilverCrest Mines) Headlines

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