Hycroft Mining Holding (Hycroft Mining Holding) Days Inventory

: 75.33 (As of Dec. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Hycroft Mining Holding's Average Total Inventories for the three months ended in Dec. 2023 was $2.32 Mil. Hycroft Mining Holding's Cost of Goods Sold for the three months ended in Dec. 2023 was $2.81 Mil. Hence, Hycroft Mining Holding's Days Inventory for the three months ended in Dec. 2023 was 75.33.

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

HYMC' s Days Inventory Range Over the Past 10 Years
Min: 26.74 Med: 47.26 Max: 337.09
Current: 337.09

During the past 5 years, Hycroft Mining Holding's highest Days Inventory was 337.09. The lowest was 26.74. And the median was 47.26.

HYMC's Days Inventory is ranked worse than
90.85% of 656 companies
in the Metals & Mining industry
Industry Median: 87.22 vs HYMC: 337.09

Hycroft Mining Holding's Days Inventory increased from Dec. 2022 (36.63) to Dec. 2023 (75.33). It might indicate that Hycroft Mining Holding's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hycroft Mining Holding's Inventory Turnover for the three months ended in Dec. 2023 was 1.21.

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.

Hycroft Mining Holding Days Inventory Historical Data

The historical data trend for Hycroft Mining Holding'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.

Hycroft Mining Holding Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

53.00

28.83

26.74

47.26

301.05

Hycroft Mining Holding Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory															36.63	-	-	-	75.33

Competitive Comparison

For the Gold subindustry, Hycroft Mining Holding'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.

Hycroft Mining Holding Days Inventory Distribution

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

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

Hycroft Mining Holding Days Inventory Calculation

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

Hycroft Mining Holding'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
=	( (2.808	+	1.834)	/	2 )	/	2.814	*	365
=	2.321					/	2.814	*	365
=	301.05

Hycroft Mining Holding'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
=	( (2.812	+	1.834)	/	2 )	/	2.814	*	365 / 4
=	2.323					/	2.814	*	365 / 4
=	75.33

Hycroft Mining Holding (NAS:HYMC) 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.

Hycroft Mining Holding's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.814	/	2.323
	=	1.21

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.

Hycroft Mining Holding's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	2.323	/	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.

Hycroft Mining Holding Days Inventory Related Terms

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

Hycroft Mining Holding (Hycroft Mining Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hycroft Mining Holding Corp (NAS:HYMC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

4300 Water Canyon Road, Unit 1, Winnemucca, NV, USA, 89445

Website

http://www.hycroftmining.com

Hycroft Mining Holding Corp is a gold and silver producer. Its operating mine, the Hycroft Mine, is an open-pit heap leach operation located approximately fifty four miles west of Winnemucca, Nevada.

Executives

Diane R Garrett	director, officer: President, CEO & Director	C/O NOVAGOLD RESOURCES INC., 201 SOUTH MAIN, SUITE 400, SALT LAKE CITY UT 84111
Stanton K Rideout	officer: Executive Vice President & CFO	C/O HYCROFT MINING HOLDING CORPORATION, 8181 E. TUFTS AVE. SUITE 510, DENVER CO 80237
Rebecca Jennings	officer: Senior Vice President	4300 WATER CANYON ROAD, UNIT 1, WINNEMUCCA NV 89445
Mudrick Capital Management, L.p.	director, 10 percent owner	527 MADISON AVENUE, 6TH FLOOR, NEW YORK NY 10022
Stephen A Lang	director	1 UNIVERSITY AVENUE, SUITE 1500, TORONTO A6 M5J 2P1
Eric Sprott	10 percent owner	2700-200 BAY STREET, ROYAL BANK PLAZA SOUTH TOWER, TORONTO A6 M5J 2J1
David C Naccarati	director	ONE NORTH CENTRAL AVENUE, CORPORATE SECRETARY DEPARTMENT, PHOENIX AZ 85004
Sean D. Goodman	director	11500 ASH STREET, LEAWOOD KS 66211
2176423 Ontario Ltd.	10 percent owner	200 BAY STREET, SUITE 2600, ROYAL BANK PLAZA, SOUTH TOWER, TORONTO A6 M5J 2J1
American Multi-cinema, Inc.	10 percent owner	ONE AMC WAY, 11500 ASH STREET, LEAWOOD KS 66211
Amc Entertainment Holdings, Inc.	10 percent owner	ONE AMC WAY, 11500 ASH STREET, LEAWOOD KS 66211
Whitebox Advisors Llc	10 percent owner	3033 EXCELSIOR BLVD., SUITE 500, MINNEAPOLIS MN 55416
Whitebox General Partner Llc	10 percent owner	3033 EXCELSIOR BLVD., SUITE 300, MINNEAPOLIS MN 55416
Highbridge Capital Management Llc	10 percent owner	277 PARK AVE, 23RD FLOOR, NEW YORK NY 10172
Jeffrey Stieber	officer: Chief Financial Officer	8181 E. TUFTS AVE., SUITE510, DENVER CO 80237