GURUFOCUS.COM » STOCK LIST » USA » NYSE » Franco-Nevada Corp (NYSE:FNV) » Definitions » Days Inventory
Switch to:

Franco-Nevada Days Inventory

: 0.40 (As of Jun. 2022)
View and export this data going back to 2011. Start your Free Trial

Days Inventory is also known as Days Sales of Inventory (DSI). Franco-Nevada's Average Total Inventories for the three months ended in Jun. 2022 was $1 Mil. Franco-Nevada's Cost of Goods Sold for the three months ended in Jun. 2022 was $115 Mil. Hence, Franco-Nevada's Days Inventory for the three months ended in Jun. 2022 was 0.40.

The historical rank and industry rank for Franco-Nevada's Days Inventory or its related term are showing as below:

FNV' s Days Inventory Range Over the Past 10 Years
Min: 0.38   Med: 3.27   Max: 6.73
Current: 0.46

During the past 13 years, Franco-Nevada's highest Days Inventory was 6.73. The lowest was 0.38. And the median was 3.27.

FNV's Days Inventory is ranked better than
99.85% of 668 companies
in the Metals & Mining industry
Industry Median: 81.52 vs FNV: 0.46

Franco-Nevada's Days Inventory declined from Jun. 2021 (1.36) to Jun. 2022 (0.40).

Inventory Turnover measures how fast the company turns over its inventory within a year. Franco-Nevada's Inventory Turnover for the three months ended in Jun. 2022 was 230.20.

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. Franco-Nevada's Inventory-to-Revenue for the three months ended in Jun. 2022 was 0.00.


Franco-Nevada Days Inventory Historical Data

The historical data trend for Franco-Nevada'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.

Franco-Nevada Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Inventory
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.31 7.08 3.94 2.24 0.38

Franco-Nevada Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Days Inventory 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 Premium Member Only Premium Member Only Premium Member Only 1.36 0.60 0.40 0.42 0.40

Competitive Comparison

For the Gold subindustry, Franco-Nevada'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.

   

Franco-Nevada Days Inventory Distribution

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

* The bar in red indicates where Franco-Nevada's Days Inventory falls into.



Franco-Nevada Days Inventory Calculation

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

Franco-Nevada's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

Days Inventory (A: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (0.5 + 0.5) / 2 ) / 477.9*365
=0.5 / 477.9*365
=0.38

Franco-Nevada's Days Inventory for the quarter that ended in Jun. 2022 is calculated as:

Days Inventory (Q: Jun. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2022 ) + Total Inventories (Q: Jun. 2022 )) / count ) / Cost of Goods Sold (Q: Jun. 2022 )*Days in Period
=( (0.6 + 0.4) / 2 ) / 115.1*365 / 4
=0.5 / 115.1*365 / 4
=0.40

* 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.


Franco-Nevada  (NYSE:FNV) 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.

Franco-Nevada's Inventory Turnover for the three months ended in Jun. 2022 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.

Franco-Nevada's Inventory to Revenue for the three months ended in Jun. 2022 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.


Franco-Nevada Days Inventory Related Terms

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


Franco-Nevada Business Description

Franco-Nevada logo
Address
199 Bay Street, Suite 2000, P.O. Box 285, Commerce Court Postal Station, Toronto, ON, CAN, M5L 1G9
Franco-Nevada Corp is a precious-metals-focused royalty and investment company. The company owns a diversified portfolio of precious metals and royalty streams, which is actively managed to generate the bulk of its revenue from gold, silver, and platinum. The company does not operate mines, develop projects, or conduct exploration. Franco-Nevada's short-term financial performance is linked to the price of commodities and the amount of production from its portfolio of producing assets. Its long-term performance is affected by the availability of exploration and development capital. The company holds a portfolio of assets, diversified by commodity, revenue type, and stage of a project, primarily located in the United States, Canada, and Australia.

Franco-Nevada Headlines

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)