GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Atlatsa Resources Corp (OTCPK:ATLRF) » Definitions » Days Inventory

Atlatsa Resources (Atlatsa Resources) Days Inventory : 0.00 (As of Jun. 2019)


View and export this data going back to . Start your Free Trial

What is Atlatsa Resources Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Atlatsa Resources's Average Total Inventories for the three months ended in Jun. 2019 was $0.00 Mil. Atlatsa Resources's Cost of Goods Sold for the three months ended in Jun. 2019 was $0.00 Mil.

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

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

Atlatsa Resources's Days Inventory declined from Jun. 2018 (4.71) to Jun. 2019 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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.


Atlatsa Resources Days Inventory Historical Data

The historical data trend for Atlatsa Resources'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.

Atlatsa Resources Days Inventory Chart

Atlatsa Resources Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 1.69 1.74 0.79 16.05

Atlatsa Resources Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 4.71 - - - -

Competitive Comparison of Atlatsa Resources's Days Inventory

For the Other Industrial Metals & Mining subindustry, Atlatsa Resources'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.


Atlatsa Resources's Days Inventory Distribution in the Metals & Mining Industry

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

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



Atlatsa Resources Days Inventory Calculation

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

Atlatsa Resources's Days Inventory for the fiscal year that ended in Dec. 2018 is calculated as

Days Inventory (A: Dec. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2017 ) + Total Inventories (A: Dec. 2018 )) / count ) / Cost of Goods Sold (A: Dec. 2018 )*Days in Period
=( (0.313 + 0) / 1 ) / 7.117*365
=0.313 / 7.117*365
=16.05

Atlatsa Resources's Days Inventory for the quarter that ended in Jun. 2019 is calculated as:

Days Inventory (Q: Jun. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2019 ) + Total Inventories (Q: Jun. 2019 )) / count ) / Cost of Goods Sold (Q: Jun. 2019 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 4
=0 / 0*365 / 4
=N/A

* 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.


Atlatsa Resources  (OTCPK:ATLRF) 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.

Atlatsa Resources's Inventory Turnover for the three months ended in Jun. 2019 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.

Atlatsa Resources's Inventory to Revenue for the three months ended in Jun. 2019 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.


Atlatsa Resources Days Inventory Related Terms

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


Atlatsa Resources (Atlatsa Resources) Business Description

Traded in Other Exchanges
N/A
Address
90 Rivonia Road, Second Floor, North Wing, Sandton, Johannesburg, ZAF, 2146
Atlatsa Resources Corp is engaged in mining, exploration, and development of mineral deposits located in the Republic of South Africa in the Bushveld Complex. The company has two reportable segments: the Bokoni Mine and the Kwanda Project. All external revenue of the company is generated by the Bokoni Mine. The majority of operations and functions are performed in South Africa. The company's business strategy is to develop the Bokoni Mine on a cost-effective basis. Its products include palladium, rhodium, ruthenium, osmium, and iridium mineral deposits.

Atlatsa Resources (Atlatsa Resources) Headlines

No Headlines