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Calibre Mining (Calibre Mining) Days Inventory : 89.23 (As of Dec. 2023)


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What is Calibre Mining Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Calibre Mining's Average Total Inventories for the three months ended in Dec. 2023 was $107.3 Mil. Calibre Mining's Cost of Goods Sold for the three months ended in Dec. 2023 was $109.7 Mil. Hence, Calibre Mining's Days Inventory for the three months ended in Dec. 2023 was 89.23.

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

CXBMF' s Days Inventory Range Over the Past 10 Years
Min: 82.2   Med: 97.44   Max: 240.24
Current: 99.77

During the past 13 years, Calibre Mining's highest Days Inventory was 240.24. The lowest was 82.20. And the median was 97.44.

CXBMF's Days Inventory is ranked worse than
55.96% of 663 companies
in the Metals & Mining industry
Industry Median: 88.64 vs CXBMF: 99.77

Calibre Mining's Days Inventory declined from Dec. 2022 (114.97) to Dec. 2023 (89.23).

Inventory Turnover measures how fast the company turns over its inventory within a year. Calibre Mining's Inventory Turnover for the three months ended in Dec. 2023 was 1.02.

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. Calibre Mining's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.71.


Calibre Mining Days Inventory Historical Data

The historical data trend for Calibre 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.

Calibre Mining Days Inventory Chart

Calibre Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 240.24 103.68 82.17 95.35 96.83

Calibre Mining Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 114.97 100.63 114.14 100.47 89.23

Competitive Comparison of Calibre Mining's Days Inventory

For the Gold subindustry, Calibre 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.


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

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

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



Calibre Mining Days Inventory Calculation

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

Calibre Mining's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (104.954 + 102.649) / 2 ) / 391.299*365
=103.8015 / 391.299*365
=96.83

Calibre Mining'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (111.968 + 102.649) / 2 ) / 109.743*365 / 4
=107.3085 / 109.743*365 / 4
=89.23

* 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.


Calibre Mining  (OTCPK:CXBMF) 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.

Calibre Mining's Inventory Turnover for the three months ended in Dec. 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.

Calibre Mining's Inventory to Revenue for the three months ended in Dec. 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.


Calibre Mining Days Inventory Related Terms

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


Calibre Mining (Calibre Mining) Business Description

Traded in Other Exchanges
Address
200 Burrard Street, Suite 1560, Vancouver, BC, CAN, V6C 3L6
Calibre Mining Corp is a multi-asset gold producer with a portfolio of exploration and development opportunities in Nicaragua. Its project includes Pavon Gold Project, Borosi Gold Project, IamGold and Santa Rita. The company has only one revenue stream, being the sale of refined gold from its operations in Nicaragua.

Calibre Mining (Calibre Mining) Headlines

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