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United States Lime & Minerals, Inc. (NAS:USLM)
Days Inventory
52.62 (As of Dec. 2013)

United States Lime & Minerals, Inc.'s inventory for the three months ended in Dec. 2013 was $13.7 Mil. United States Lime & Minerals, Inc.'s cost of goods sold for the three months ended in Dec. 2013 was $23.7 Mil. Hence, United States Lime & Minerals, Inc.'s days inventory for the three months ended in Dec. 2013 was 52.62.

United States Lime & Minerals, Inc.'s days inventory declined from Dec. 2012 (54.11) to Dec. 2013 (52.62).

Inventory can be measured by Days Sales of Inventory (DSI). United States Lime & Minerals, Inc.'s days sales of inventory (DSI) for the three months ended in Dec. 2013 was 41.37.

Inventory turnover measures how fast the company turns over its inventory within a year. United States Lime & Minerals, Inc.'s inventory turnover for the three months ended in Dec. 2013 was 1.73.

Inventory to revenue ratio 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. United States Lime & Minerals, Inc.'s inventory to revenue ratio for the three months ended in Dec. 2013 was 0.45.


Definition

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

United States Lime & Minerals, Inc.'s Days Inventory for the fiscal year that ended in Dec. 2013 is calculated as

Days Inventory=Inventory/Cost of Goods Sold*Days in Period
=13.688/102.965*365
=48.52

United States Lime & Minerals, Inc.'s Days Inventory for the quarter that ended in Dec. 2013 is calculated as:

Days Inventory=Inventory/Cost of Goods Sold*Days in Period
=13.688/23.674*91
=52.62

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

An increase of Days Inventory may indicate the company's sales slowed.

1. Inventory can be measured by Days Sales of Inventory (DSI).

United States Lime & Minerals, Inc.'s Days Sales of Inventory for the three months ended in Dec. 2013 is calculated as

Days Sales of Inventory (DSI)=Inventory/Revenue*Days in Period
=13.688/30.109*91
=41.37

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

United States Lime & Minerals, Inc.'s Inventory Turnover for the three months ended in Dec. 2013 is calculated as

3. 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.

United States Lime & Minerals, Inc.'s Inventory to Revenue for the three months ended in Dec. 2013 is calculated as

Inventory to Revenue=Inventory / Revenue
=13.688 / 30.109
=0.45

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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.


Related Terms

Cost of Goods Sold, Inventory, Revenue, Inventory Turnover, Inventory to Revenue


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

United States Lime & Minerals, Inc. Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
DaysInventory 34.4345.5734.5336.3740.4138.9840.0738.8149.0748.52

United States Lime & Minerals, Inc. Quarterly Data

Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13
DaysInventory 32.4639.9942.9241.7042.7954.1157.5657.0644.3752.62
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