KBL Mining (ASX:KBL) Days Inventory : 24.05 (As of Jun. 2016)

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What is KBL Mining Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). KBL Mining's Average Total Inventories for the six months ended in Jun. 2016 was A$1.56 Mil. KBL Mining's Cost of Goods Sold for the six months ended in Jun. 2016 was A$11.86 Mil. Hence, KBL Mining's Days Inventory for the six months ended in Jun. 2016 was 24.05.

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

ASX:KBL' s Days Inventory Range Over the Past 10 Years
Min: 21.17 Med: 32.31 Max: 37.61
Current: 32.14

During the past 8 years, KBL Mining's highest Days Inventory was 37.61. The lowest was 21.17. And the median was 32.31.

ASX:KBL's Days Inventory is not ranked
in the Metals & Mining industry.
Industry Median: 88.535 vs ASX:KBL: 32.14

KBL Mining's Days Inventory declined from Jun. 2015 (26.32) to Jun. 2016 (24.05).

Inventory Turnover measures how fast the company turns over its inventory within a year. KBL Mining's Inventory Turnover for the six months ended in Jun. 2016 was 7.59.

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. KBL Mining's Inventory-to-Revenue for the six months ended in Jun. 2016 was 0.08.

KBL Mining Days Inventory Historical Data

The historical data trend for KBL 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.

KBL Mining Days Inventory Chart

KBL Mining Annual Data

Trend

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Days Inventory

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37.61

21.16

32.48

32.14

22.27

KBL Mining Semi-Annual Data
	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16
Days Inventory	Get a 7-Day Free Trial								33.62	37.53	26.32	34.94	24.05

Competitive Comparison of KBL Mining's Days Inventory

For the Other Industrial Metals & Mining subindustry, KBL 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.

KBL Mining's Days Inventory Distribution in the Metals & Mining Industry

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

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

KBL Mining Days Inventory Calculation

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

KBL Mining's Days Inventory for the fiscal year that ended in Jun. 2016 is calculated as

	Days Inventory (A: Jun. 2016 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2015 )	+	Total Inventories (A: Jun. 2016 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2016 )	*	Days in Period
=	( (2.005	+	0.817)	/	2 )	/	23.128	*	365
=	1.411					/	23.128	*	365
=	22.27

KBL Mining's Days Inventory for the quarter that ended in Jun. 2016 is calculated as:

	Days Inventory (Q: Jun. 2016 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2015 )	+	Total Inventories (Q: Jun. 2016 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2016 )	*	Days in Period
=	( (2.309	+	0.817)	/	2 )	/	11.863	*	365 / 2
=	1.563					/	11.863	*	365 / 2
=	24.05

KBL Mining (ASX:KBL) 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.

KBL Mining's Inventory Turnover for the six months ended in Jun. 2016 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	11.863	/	1.563
	=	7.59

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.

KBL Mining's Inventory to Revenue for the six months ended in Jun. 2016 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.563	/	20.076
	=	0.08

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.

KBL Mining Days Inventory Related Terms

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

KBL Mining (ASX:KBL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » KBL Mining Ltd (ASX:KBL) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.kimberleymetals.com.au

KBL Mining Ltd operates in the mineral exploration, resource development and mining industry in Australia. The only product of the company is copper concentrate.

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