Central Rand Gold (LSE:CRND) Days Inventory : 5.75 (As of Jun. 2017)

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

What is Central Rand Gold Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Central Rand Gold's Average Total Inventories for the six months ended in Jun. 2017 was £0.04 Mil. Central Rand Gold's Cost of Goods Sold for the six months ended in Jun. 2017 was £1.18 Mil. Hence, Central Rand Gold's Days Inventory for the six months ended in Jun. 2017 was 5.75.

The historical rank and industry rank for Central Rand Gold's Days Inventory or its related term are showing as below:

LSE:CRND' s Days Inventory Range Over the Past 10 Years
Min: 5.79 Med: 21.04 Max: 50.72
Current: 12.32

During the past 11 years, Central Rand Gold's highest Days Inventory was 50.72. The lowest was 5.79. And the median was 21.04.

LSE:CRND's Days Inventory is not ranked
in the Metals & Mining industry.
Industry Median: 88.535 vs LSE:CRND: 12.32

Central Rand Gold's Days Inventory declined from Jun. 2016 (11.34) to Jun. 2017 (5.75).

Inventory Turnover measures how fast the company turns over its inventory within a year. Central Rand Gold's Inventory Turnover for the six months ended in Jun. 2017 was 31.76.

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. Central Rand Gold's Inventory-to-Revenue for the six months ended in Jun. 2017 was 0.02.

Central Rand Gold Days Inventory Historical Data

The historical data trend for Central Rand Gold'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.

Central Rand Gold Days Inventory Chart

Central Rand Gold Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Days Inventory

Get a 7-Day Free Trial

50.71

24.22

18.28

5.80

13.80

Central Rand Gold Semi-Annual Data
	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17
Days Inventory	Get a 7-Day Free Trial												6.20	6.29	11.34	67.79	5.75

Competitive Comparison of Central Rand Gold's Days Inventory

For the Gold subindustry, Central Rand Gold'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.

Central Rand Gold's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Central Rand Gold's Days Inventory falls into.

Central Rand Gold Days Inventory Calculation

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

Central Rand Gold's Days Inventory for the fiscal year that ended in Dec. 2016 is calculated as

	Days Inventory (A: Dec. 2016 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2015 )	+	Total Inventories (A: Dec. 2016 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2016 )	*	Days in Period
=	( (0.08	+	0.022)	/	2 )	/	1.349	*	365
=	0.051					/	1.349	*	365
=	13.80

Central Rand Gold's Days Inventory for the quarter that ended in Jun. 2017 is calculated as:

	Days Inventory (Q: Jun. 2017 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2016 )	+	Total Inventories (Q: Jun. 2017 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2017 )	*	Days in Period
=	( (0.022	+	0.052)	/	2 )	/	1.175	*	365 / 2
=	0.037					/	1.175	*	365 / 2
=	5.75

Central Rand Gold (LSE:CRND) 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.

Central Rand Gold's Inventory Turnover for the six months ended in Jun. 2017 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.175	/	0.037
	=	31.76

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.

Central Rand Gold's Inventory to Revenue for the six months ended in Jun. 2017 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.037	/	2.072
	=	0.02

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.

Central Rand Gold Days Inventory Related Terms

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

Central Rand Gold (LSE:CRND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Central Rand Gold Ltd (LSE:CRND) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Trafalgar Court, 2nd Floor, East Wing, Admiral Park, St Peter Port, GGY, GY13HU

Website

http://www.centralrandgold.com

Central Rand Gold Ltd is a gold exploration and production group. It is engaged in a gold mining and exploration project that aims to bring profitable and sustainable gold mining back to the City of Johannesburg. The company plans to extract all profitable gold from its resource base using appropriate mining, processing, and environmentally friendly technologies. Central Rand Gold's current portfolio is the Consolidated Main Reef (CMR) operations which have been split into CMR West and CMR East and the Crown Mines development. CMR West is Central Rand Gold's first mining target area. It comprises an operational underground and opencast gold mine that utilizes conventional opencast stopping and extraction methods.

Central Rand Gold (LSE:CRND) Headlines

No Headlines