Gold Fields (Gold Fields) Days Inventory : 104.89 (As of Dec. 2023)

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What is Gold Fields Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Gold Fields's Average Total Inventories for the six months ended in Dec. 2023 was $828 Mil. Gold Fields's Cost of Goods Sold for the six months ended in Dec. 2023 was $1,441 Mil. Hence, Gold Fields's Days Inventory for the six months ended in Dec. 2023 was 104.89.

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

GFIOF' s Days Inventory Range Over the Past 10 Years
Min: 51.7 Med: 65.49 Max: 97.63
Current: 97.34

During the past 13 years, Gold Fields's highest Days Inventory was 97.63. The lowest was 51.70. And the median was 65.49.

GFIOF's Days Inventory is ranked worse than
54.26% of 658 companies
in the Metals & Mining industry
Industry Median: 87.34 vs GFIOF: 97.34

Gold Fields's Days Inventory increased from Dec. 2022 (101.92) to Dec. 2023 (104.89). It might indicate that Gold Fields's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gold Fields's Inventory Turnover for the six months ended in Dec. 2023 was 1.74.

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. Gold Fields's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.37.

Gold Fields Days Inventory Historical Data

The historical data trend for Gold Fields'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.

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Gold Fields Days Inventory Chart

Gold Fields Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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68.07

76.01

84.32

93.10

101.14

Gold Fields 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															89.02	84.28	101.92	97.35	104.89

Competitive Comparison of Gold Fields's Days Inventory

For the Gold subindustry, Gold Fields'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.

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

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

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

Gold Fields Days Inventory Calculation

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

Gold Fields'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
=	( (759	+	827.9)	/	2 )	/	2863.4	*	365
=	793.45					/	2863.4	*	365
=	101.14

Gold Fields'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
=	( (0	+	827.9)	/	1 )	/	1440.5	*	365 / 2
=	827.9					/	1440.5	*	365 / 2
=	104.89

Gold Fields (OTCPK:GFIOF) 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.

Gold Fields's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1440.5	/	827.9
	=	1.74

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.

Gold Fields's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	827.9	/	2234.4
	=	0.37

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.

Gold Fields Days Inventory Related Terms

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

Gold Fields (Gold Fields) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gold Fields Ltd (OTCPK:GFIOF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

GFI:South Africa GFI:USA EDGA:Germany G1FI34:Brazil GFI:Argentina

Address

150 Helen Road, Sandown, Sandton, Johannesburg, GT, ZAF, 2196

Website

https://www.goldfields.com

Gold Fields Ltd is a producer of gold and is a holder of gold reserves and resources in South Africa, Ghana, Australia and Peru. In Peru, the company also produces copper. The company is primarily involved in underground and surface gold and surface copper mining and silver and related activities, including exploration, extraction, processing and smelting. It conducts underground and surface mining operations at St. Ives, underground-only operations at Agnew, Granny Smith and South Deep and surface-only open pit mining at Damang, Tarkwa and Cerro Corona. The company's revenues are derived from the sale of gold that it produces.