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Pan American Silver (Pan American Silver) Days Inventory : 110.67 (As of Dec. 2023)


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What is Pan American Silver Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Pan American Silver's Average Total Inventories for the three months ended in Dec. 2023 was $707 Mil. Pan American Silver's Cost of Goods Sold for the three months ended in Dec. 2023 was $583 Mil. Hence, Pan American Silver's Days Inventory for the three months ended in Dec. 2023 was 110.67.

The historical rank and industry rank for Pan American Silver's Days Inventory or its related term are showing as below:

PAAS' s Days Inventory Range Over the Past 10 Years
Min: 92   Med: 122.67   Max: 142.18
Current: 117.56

During the past 13 years, Pan American Silver's highest Days Inventory was 142.18. The lowest was 92.00. And the median was 122.67.

PAAS's Days Inventory is ranked worse than
66.57% of 658 companies
in the Metals & Mining industry
Industry Median: 87.34 vs PAAS: 117.56

Pan American Silver's Days Inventory declined from Dec. 2022 (121.98) to Dec. 2023 (110.67).

Inventory Turnover measures how fast the company turns over its inventory within a year. Pan American Silver's Inventory Turnover for the three months ended in Dec. 2023 was 0.82.

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. Pan American Silver's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.06.


Pan American Silver Days Inventory Historical Data

The historical data trend for Pan American Silver'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.

Pan American Silver Days Inventory Chart

Pan American Silver 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 91.29 140.37 130.82 122.66 106.94

Pan American Silver 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 121.98 167.17 108.79 113.83 110.67

Competitive Comparison of Pan American Silver's Days Inventory

For the Gold subindustry, Pan American Silver'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.


Pan American Silver's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Pan American Silver's Days Inventory falls into.



Pan American Silver Days Inventory Calculation

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

Pan American Silver'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
=( (471.6 + 711.6) / 2 ) / 2019.3*365
=591.6 / 2019.3*365
=106.94

Pan American Silver'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
=( (701.4 + 711.6) / 2 ) / 582.5*365 / 4
=706.5 / 582.5*365 / 4
=110.67

* 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.


Pan American Silver  (NYSE:PAAS) 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.

Pan American Silver'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.

Pan American Silver'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.


Pan American Silver Days Inventory Related Terms

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


Pan American Silver (Pan American Silver) Business Description

Address
1440 - 625 Howe Street, Vancouver, BC, CAN, V6C 2T6
Pan American Silver Corp is a mining company principally engaged in the operation and development of, and exploration for, silver and gold-producing properties and assets. Its principal products are silver and gold, although it also produces and sells zinc, lead, and copper. Its operating mines comprise La Colorada, Dolores, Huaron, Morococha, Shahuindo, La Arena, Timmins West, Bell Creek, Manantial Espejo, and San Vicente mines.