Lonmin (Lonmin) Days Inventory : 46.76 (As of Sep. 2018)

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What is Lonmin Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Lonmin's Average Total Inventories for the six months ended in Sep. 2018 was $298 Mil. Lonmin's Cost of Goods Sold for the six months ended in Sep. 2018 was $1,161 Mil. Hence, Lonmin's Days Inventory for the six months ended in Sep. 2018 was 46.76.

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

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

Lonmin's Days Inventory increased from Sep. 2017 (43.38) to Sep. 2018 (46.76). It might indicate that Lonmin's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lonmin's Inventory Turnover for the six months ended in Sep. 2018 was 3.90.

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. Lonmin's Inventory-to-Revenue for the six months ended in Sep. 2018 was 0.38.

Lonmin Days Inventory Historical Data

The historical data trend for Lonmin'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.

Lonmin Days Inventory Chart

Lonmin Annual Data

Trend

Sep09

Sep10

Sep11

Sep12

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Days Inventory

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175.05

86.43

91.95

79.07

79.44

Lonmin Semi-Annual Data
	Mar09	Sep09	Mar10	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18
Days Inventory	Get a 7-Day Free Trial															-	1,358.32	43.38	8,775.21	46.76

Competitive Comparison of Lonmin's Days Inventory

For the Other Industrial Metals & Mining subindustry, Lonmin'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.

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

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

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

Lonmin Days Inventory Calculation

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

Lonmin's Days Inventory for the fiscal year that ended in Sep. 2018 is calculated as

	Days Inventory (A: Sep. 2018 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Sep. 2017 )	+	Total Inventories (A: Sep. 2018 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2018 )	*	Days in Period
=	( (245	+	263)	/	2 )	/	1167	*	365
=	254					/	1167	*	365
=	79.44

Lonmin's Days Inventory for the quarter that ended in Sep. 2018 is calculated as:

	Days Inventory (Q: Sep. 2018 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Mar. 2018 )	+	Total Inventories (Q: Sep. 2018 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2018 )	*	Days in Period
=	( (332	+	263)	/	2 )	/	1161	*	365 / 2
=	297.5					/	1161	*	365 / 2
=	46.76

Lonmin (OTCPK:LNMIY) 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.

Lonmin's Inventory Turnover for the six months ended in Sep. 2018 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1161	/	297.5
	=	3.90

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.

Lonmin's Inventory to Revenue for the six months ended in Sep. 2018 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	297.5	/	784
	=	0.38

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.

Lonmin Days Inventory Related Terms

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

Lonmin (Lonmin) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lonmin PLC (OTCPK:LNMIY) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Middelkraal Farm, LPD Building, P.O. Box x508, Marikana, North West Province, Rustenburg, ZAF, 0284

Website

http://www.lonmin.com

Lonmin PLC engages in exploring, mining, smelting, refining and marketing of platinum along with is associated group metals the Platinum Group Metals (PGM). Platinum is the primary product that the company offers and it accounts for the most of the company revenue. It also deals in the by-products that are produced from PGM mining which includes gold, copper, nickel, chrome and cobalt. Through its mining operations at Marikana located in Brits, South Africa the firm produces most of the group's total production other locations being Pandora and Akanani. Lonmin serves the Chinese and Japanese markets and generates the majority of its revenue through the sale of platinum.

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