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Xiana Mining (Xiana Mining) Days Inventory : 0.79 (As of Sep. 2020)


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What is Xiana Mining Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Xiana Mining's Average Total Inventories for the three months ended in Sep. 2020 was $0.00 Mil. Xiana Mining's Cost of Goods Sold for the three months ended in Sep. 2020 was $0.23 Mil. Hence, Xiana Mining's Days Inventory for the three months ended in Sep. 2020 was 0.79.

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

DRIFF's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 88.64
* Ranked among companies with meaningful Days Inventory only.

Xiana Mining's Days Inventory declined from Sep. 2019 (13.27) to Sep. 2020 (0.79).

Inventory Turnover measures how fast the company turns over its inventory within a year. Xiana Mining's Inventory Turnover for the three months ended in Sep. 2020 was 116.00.

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.


Xiana Mining Days Inventory Historical Data

The historical data trend for Xiana Mining'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.

Xiana Mining Days Inventory Chart

Xiana Mining Annual Data
Trend Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Dec19
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 6.07

Xiana Mining Quarterly Data
Jul15 Oct15 Jan16 Apr16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 13.27 11.01 22.37 13.35 0.79

Competitive Comparison of Xiana Mining's Days Inventory

For the Other Precious Metals & Mining subindustry, Xiana Mining'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.


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

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

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



Xiana Mining Days Inventory Calculation

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

Xiana Mining's Days Inventory for the fiscal year that ended in Dec. 2019 is calculated as

Days Inventory (A: Dec. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jan. 2018 ) + Total Inventories (A: Dec. 2019 )) / count ) / Cost of Goods Sold (A: Dec. 2019 )*Days in Period
=( (0 + 0.767) / 1 ) / 46.117*365
=0.767 / 46.117*365
=6.07

Xiana Mining's Days Inventory for the quarter that ended in Sep. 2020 is calculated as:

Days Inventory (Q: Sep. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2020 ) + Total Inventories (Q: Sep. 2020 )) / count ) / Cost of Goods Sold (Q: Sep. 2020 )*Days in Period
=( (0.002 + 0) / 1 ) / 0.232*365 / 4
=0.002 / 0.232*365 / 4
=0.79

* 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.


Xiana Mining  (OTCPK:DRIFF) 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.

Xiana Mining's Inventory Turnover for the three months ended in Sep. 2020 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.

Xiana Mining's Inventory to Revenue for the three months ended in Sep. 2020 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.


Xiana Mining Days Inventory Related Terms

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


Xiana Mining (Xiana Mining) Business Description

Traded in Other Exchanges
N/A
Address
837 West Hastings Street, Suite 507, Vancouver, BC, CAN, V6C 3N6
Xiana Mining Inc is an exploration stage company. It is engaged in the acquisition, exploration, and development of mineral properties. The company focuses on exploration for precious and base metals in its property interest. Its exploration activities are focused on mineral claim blocks grouped into the Central Zone, North Zone, and South Zone. It produces copper-gold concentrates from the Minera Altos De Punitaqui in Chile.
Executives
Anton J Drescher director, officer: President 837 WEST HASTINGS STREET #507, VANCOUVER BC, CANADA V6C 3N6 A1 0000
Edwin Molina 10 percent owner 8 WEST MAIN STREET, NIANTIC CT 06352
Norman J Bonin director 5769 ANCHOR ROAD SECHELT BC CANADA A1 V0N3A0

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