DRDGold (DRDGold) Days Inventory : 40.83 (As of Jun. 2023)

DRDGold Days Inventory Chart

DRDGold Annual Data
	Trend	Jun14	Jun15	Jun16	Jun17	Jun18	Jun19	Jun20	Jun21	Jun22	Jun23
Days Inventory		Get a 7-Day Free Trial					40.01	42.32	32.46	37.84	40.83

DRDGold Semi-Annual Data
	Jun04	Jun05	Jun06	Jun07	Jun08	Jun09	Jun10	Jun11	Jun12	Jun13	Jun14	Jun15	Jun16	Jun17	Jun18	Jun19	Jun20	Jun21	Jun22	Jun23
Days Inventory	Get a 7-Day Free Trial															40.01	42.32	32.46	37.84	40.83

Competitive Comparison of DRDGold's Days Inventory

For the Gold subindustry, DRDGold'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.

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

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

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

DRDGold Days Inventory Calculation

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

DRDGold's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

DRDGold's Days Inventory for the quarter that ended in Jun. 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.

DRDGold  (NYSE:DRD) 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.

DRDGold's Inventory Turnover for the six months ended in Jun. 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.

DRDGold's Inventory to Revenue for the six months ended in Jun. 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.

DRDGold Days Inventory Related Terms

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

DRDGold (DRDGold) Business Description