GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hochschild Mining PLC (OTCPK:HCHDF) » Definitions » Days Inventory

Hochschild Mining (Hochschild Mining) Days Inventory : 42.29 (As of Dec. 2023)


View and export this data going back to 2007. Start your Free Trial

What is Hochschild Mining Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hochschild Mining's Average Total Inventories for the six months ended in Dec. 2023 was $59.6 Mil. Hochschild Mining's Cost of Goods Sold for the six months ended in Dec. 2023 was $257.3 Mil. Hence, Hochschild Mining's Days Inventory for the six months ended in Dec. 2023 was 42.29.

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

HCHDF' s Days Inventory Range Over the Past 10 Years
Min: 32.58   Med: 43.36   Max: 56.63
Current: 43.81

During the past 13 years, Hochschild Mining's highest Days Inventory was 56.63. The lowest was 32.58. And the median was 43.36.

HCHDF's Days Inventory is ranked better than
79.12% of 661 companies
in the Metals & Mining industry
Industry Median: 88.57 vs HCHDF: 43.81

Hochschild Mining's Days Inventory increased from Dec. 2022 (37.86) to Dec. 2023 (42.29). It might indicate that Hochschild Mining's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hochschild Mining's Inventory Turnover for the six months ended in Dec. 2023 was 4.32.

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. Hochschild Mining's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.16.


Hochschild Mining Days Inventory Historical Data

The historical data trend for Hochschild 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.

Hochschild Mining Days Inventory Chart

Hochschild 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 42.83 45.03 32.74 38.26 46.58

Hochschild Mining Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 30.28 40.54 37.86 40.90 42.29

Competitive Comparison of Hochschild Mining's Days Inventory

For the Gold subindustry, Hochschild 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.


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

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

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



Hochschild Mining Days Inventory Calculation

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

Hochschild 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
=( (61.44 + 68.261) / 2 ) / 508.214*365
=64.8505 / 508.214*365
=46.58

Hochschild 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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (51 + 68.261) / 2 ) / 257.344*365 / 2
=59.6305 / 257.344*365 / 2
=42.29

* 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.


Hochschild Mining  (OTCPK:HCHDF) 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.

Hochschild Mining's Inventory Turnover for the six 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.

Hochschild Mining's Inventory to Revenue for the six 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.


Hochschild Mining Days Inventory Related Terms

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


Hochschild Mining (Hochschild Mining) Business Description

Traded in Other Exchanges
Address
17 Cavendish Square, London, GBR, W1G 0PH
Hochschild Mining PLC a precious metals company engages in the exploration, mining, processing, and sale of silver and gold deposits in the Americas. It primarily operates three mines located in southern Peru and one operating mine located in Argentina. The segment in which it operates includes Pallancata, San Jose, Inmaculada, Exploration, and Other. Its reportable segments are engaged in the sale of gold, silver, dore, and concentrate. The business of the company can be seen expanding across various geographical regions the USA, Peru, Canada, Germany, Switzerland, the United Kingdom, Korea and Japan of which group derives major revenue share from the Switzerland region.

Hochschild Mining (Hochschild Mining) Headlines