Avino Silver & Gold Mines (Avino Silver & Gold Mines) Days Inventory

: 81.00 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Avino Silver & Gold Mines's Average Total Inventories for the three months ended in Dec. 2023 was $8.85 Mil. Avino Silver & Gold Mines's Cost of Goods Sold for the three months ended in Dec. 2023 was $9.97 Mil. Hence, Avino Silver & Gold Mines's Days Inventory for the three months ended in Dec. 2023 was 81.00.

The historical rank and industry rank for Avino Silver & Gold Mines's Days Inventory or its related term are showing as below:

ASM' s Days Inventory Range Over the Past 10 Years
Min: 69.8 Med: 88.19 Max: 162.49
Current: 81.78

During the past 13 years, Avino Silver & Gold Mines's highest Days Inventory was 162.49. The lowest was 69.80. And the median was 88.19.

ASM's Days Inventory is ranked better than
53.81% of 656 companies
in the Metals & Mining industry
Industry Median: 87.22 vs ASM: 81.78

Avino Silver & Gold Mines's Days Inventory increased from Dec. 2022 (59.54) to Dec. 2023 (81.00). It might indicate that Avino Silver & Gold Mines's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Avino Silver & Gold Mines's Inventory Turnover for the three months ended in Dec. 2023 was 1.13.

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. Avino Silver & Gold Mines's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.71.

Avino Silver & Gold Mines Days Inventory Historical Data

The historical data trend for Avino Silver & Gold Mines'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.

Avino Silver & Gold Mines Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

84.50

83.58

162.47

71.68

76.33

Avino Silver & Gold Mines Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory																59.54	79.70	91.60	80.76	81.00

Competitive Comparison

For the Other Precious Metals & Mining subindustry, Avino Silver & Gold Mines'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.

Avino Silver & Gold Mines Days Inventory Distribution

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

* The bar in red indicates where Avino Silver & Gold Mines's Days Inventory falls into.

Avino Silver & Gold Mines Days Inventory Calculation

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

Avino Silver & Gold Mines'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
=	( (6.26	+	8.826)	/	2 )	/	36.07	*	365
=	7.543					/	36.07	*	365
=	76.33

Avino Silver & Gold Mines'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
=	( (8.873	+	8.826)	/	2 )	/	9.969	*	365 / 4
=	8.8495					/	9.969	*	365 / 4
=	81.00

Avino Silver & Gold Mines (AMEX:ASM) 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.

Avino Silver & Gold Mines's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	9.969	/	8.8495
	=	1.13

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.

Avino Silver & Gold Mines's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	8.8495	/	12.53
	=	0.71

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.

Avino Silver & Gold Mines Days Inventory Related Terms

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Avino Silver & Gold Mines (Avino Silver & Gold Mines) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Avino Silver & Gold Mines Ltd (AMEX:ASM) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

GV6:Germany ASM:Canada

Address

570 Granville Street, Suite 900, Vancouver, BC, CAN, V6C 3P1

Website

https://www.avino.com

Avino Silver & Gold Mines Ltd is a mineral resource company. It is engaged in the exploration, extraction, and processing of silver, gold, and copper and the acquisition, exploration, and advancement of mineral properties. The company generates majority of its revenues through the sale of Copper produced from its mines. Its project portfolio includes Avino; San Gonzalo; Oxide Tailings; Bralorne Gold and others.