Luna Gold (Luna Gold) Days Inventory : 0.00 (As of Sep. 2016)

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What is Luna Gold Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Luna Gold's Average Total Inventories for the three months ended in Sep. 2016 was $0.16 Mil. Luna Gold's Cost of Goods Sold for the three months ended in Sep. 2016 was $0.00 Mil.

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

LGCUF's Days Inventory is not ranked ^*
in the Metals & Mining industry.
Industry Median: 87.34
* Ranked among companies with meaningful Days Inventory only.

Luna Gold's Days Inventory declined from Sep. 2015 (63.49) to Sep. 2016 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Luna Gold's Inventory Turnover for the three months ended in Sep. 2016 was 0.00.

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.

Luna Gold Days Inventory Historical Data

The historical data trend for Luna 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.

Luna Gold Days Inventory Chart

Luna Gold Annual Data

Trend

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Days Inventory

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59.04

57.00

91.40

108.32

92.78

Luna Gold Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16
Days Inventory	Get a 7-Day Free Trial															63.49	16.71	-	-	-

Competitive Comparison of Luna Gold's Days Inventory

For the Gold subindustry, Luna 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.

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

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

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

Luna Gold Days Inventory Calculation

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

Luna Gold's Days Inventory for the fiscal year that ended in Dec. 2015 is calculated as

	Days Inventory (A: Dec. 2015 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2014 )	+	Total Inventories (A: Dec. 2015 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2015 )	*	Days in Period
=	( (26.399	+	0.401)	/	2 )	/	52.718	*	365
=	13.4					/	52.718	*	365
=	92.78

Luna Gold's Days Inventory for the quarter that ended in Sep. 2016 is calculated as:

	Days Inventory (Q: Sep. 2016 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2016 )	+	Total Inventories (Q: Sep. 2016 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2016 )	*	Days in Period
=	( (0.144	+	0.174)	/	2 )	/	0	*	365 / 4
=	0.159					/	0	*	365 / 4
=	N/A

Luna Gold (OTCPK:LGCUF) 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.

Luna Gold's Inventory Turnover for the three months ended in Sep. 2016 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0.159
	=	0.00

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.

Luna Gold's Inventory to Revenue for the three months ended in Sep. 2016 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.159	/	0
	=

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.

Luna Gold Days Inventory Related Terms

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

Luna Gold (Luna Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Luna Gold Corp (OTCPK:LGCUF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.lunagold.com

Luna Gold Corp was incorporated under the laws of the Province of British Columbia, Canada, on June 24, 1986 under the name Belcarra Resources Ltd. The Company is engaged in the business of mineral exploration, mine development and mine operation. It explores, develops and operates gold properties in Brazil. The Company currently has one producing gold mine, several brownfields exploration projects and several exploration projects located in the Luna Greenfields district in northeast Brazil. The Company faces competition from a number of large established companies with substantial capabilities, and greater financial and technical resources than the Company. The exploration and development activities related to the mining operations are subject to various federal, provincial and local laws governing prospecting, development, production, taxes, labour standards and occupational health, mine safety, toxic substance and other matters.

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