GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Atico Mining Corp (OTCPK:ATCMF) » Definitions » Days Inventory

Atico Mining (Atico Mining) Days Inventory : 89.09 (As of Dec. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Atico Mining Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Atico Mining's Average Total Inventories for the three months ended in Dec. 2023 was $14.56 Mil. Atico Mining's Cost of Goods Sold for the three months ended in Dec. 2023 was $14.91 Mil. Hence, Atico Mining's Days Inventory for the three months ended in Dec. 2023 was 89.09.

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

ATCMF' s Days Inventory Range Over the Past 10 Years
Min: 71.39   Med: 87.71   Max: 98.99
Current: 98.99

During the past 13 years, Atico Mining's highest Days Inventory was 98.99. The lowest was 71.39. And the median was 87.71.

ATCMF's Days Inventory is ranked worse than
56.08% of 658 companies
in the Metals & Mining industry
Industry Median: 87.545 vs ATCMF: 98.99

Atico Mining's Days Inventory increased from Dec. 2022 (84.43) to Dec. 2023 (89.09). It might indicate that Atico Mining's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Atico 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. Atico Mining's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.84.


Atico Mining Days Inventory Historical Data

The historical data trend for Atico 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.

Atico Mining Days Inventory Chart

Atico 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 83.33 71.62 90.34 91.98 96.01

Atico 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 84.43 106.72 106.90 99.25 89.09

Competitive Comparison of Atico Mining's Days Inventory

For the Other Industrial Metals & Mining subindustry, Atico 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.


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

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

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



Atico Mining Days Inventory Calculation

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

Atico 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
=( (12.318 + 14.046) / 2 ) / 50.115*365
=13.182 / 50.115*365
=96.01

Atico 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
=( (15.071 + 14.046) / 2 ) / 14.912*365 / 4
=14.5585 / 14.912*365 / 4
=89.09

* 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.


Atico Mining  (OTCPK:ATCMF) 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.

Atico 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.

Atico 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.


Atico Mining Days Inventory Related Terms

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


Atico Mining (Atico Mining) Business Description

Traded in Other Exchanges
Address
543 Granville Street, Suite 501, Vancouver, BC, CAN, V6C 1X8
Atico Mining Corp is engaged in copper-gold mining and related activities. Its activities include the exploration, development, extraction, and processing in Colombia and the acquisition, exploration and development of copper and gold projects in Latin America. The company has an operating mine in Colombia. Some of the projects of the company are El Roble mine and La Plata. The geographic segments of the group are Canada, Colombia, Ecuador, and others. It earns revenue from contracts with customers related to its metals concentrate sales.