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Santacruz Silver Mining (TSXV:SCZ) Days Inventory : 46.61 (As of Sep. 2023)


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What is Santacruz Silver Mining Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Santacruz Silver Mining's Average Total Inventories for the three months ended in Sep. 2023 was C$39.4 Mil. Santacruz Silver Mining's Cost of Goods Sold for the three months ended in Sep. 2023 was C$77.1 Mil. Hence, Santacruz Silver Mining's Days Inventory for the three months ended in Sep. 2023 was 46.61.

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

TSXV:SCZ' s Days Inventory Range Over the Past 10 Years
Min: 10.98   Med: 11.66   Max: 57.38
Current: 57.38

During the past 13 years, Santacruz Silver Mining's highest Days Inventory was 57.38. The lowest was 10.98. And the median was 11.66.

TSXV:SCZ's Days Inventory is ranked better than
70.67% of 658 companies
in the Metals & Mining industry
Industry Median: 88.385 vs TSXV:SCZ: 57.38

Santacruz Silver Mining's Days Inventory declined from Sep. 2022 (70.96) to Sep. 2023 (46.61).

Inventory Turnover measures how fast the company turns over its inventory within a year. Santacruz Silver Mining's Inventory Turnover for the three months ended in Sep. 2023 was 1.96.

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. Santacruz Silver Mining's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.45.


Santacruz Silver Mining Days Inventory Historical Data

The historical data trend for Santacruz Silver Mining'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.

Santacruz Silver Mining Days Inventory Chart

Santacruz Silver Mining Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.66 11.23 14.79 10.98 21.87

Santacruz Silver Mining Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 70.96 63.48 55.13 56.49 46.61

Competitive Comparison of Santacruz Silver Mining's Days Inventory

For the Other Industrial Metals & Mining subindustry, Santacruz Silver Mining'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.


Santacruz Silver Mining's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Santacruz Silver Mining's Days Inventory falls into.



Santacruz Silver Mining Days Inventory Calculation

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

Santacruz Silver Mining's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (1.627 + 40.011) / 2 ) / 347.396*365
=20.819 / 347.396*365
=21.87

Santacruz Silver Mining's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=( (43.17 + 35.634) / 2 ) / 77.145*365 / 4
=39.402 / 77.145*365 / 4
=46.61

* 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.


Santacruz Silver Mining  (TSXV:SCZ) 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.

Santacruz Silver Mining's Inventory Turnover for the three months ended in Sep. 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.

Santacruz Silver Mining's Inventory to Revenue for the three months ended in Sep. 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.


Santacruz Silver Mining Days Inventory Related Terms

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


Santacruz Silver Mining (TSXV:SCZ) Business Description

Traded in Other Exchanges
Address
1140 West Pender Street, Suite 480, Vancouver, BC, CAN
Santacruz Silver Mining Ltd is engaged in the operation, acquisition, exploration, and development of mineral properties in Latin America, with a primary focus on silver and zinc, including lead and copper. The company has one producing project, the Zimapan Mine, and two exploration properties in its mineral property portfolio, the La Pechuga Property, and the Santa Gorgonia Prospect. The company earns the majority of its revenue from Zinc and Silver. The company's reportable operating segments are the Bolivar mine and processing plant, the Porco mine and processing plant, the Caballo Blanco Group, San Lucas, Zimapan, and Corporate and Other activities.

Santacruz Silver Mining (TSXV:SCZ) Headlines

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