Minerco (Minerco) Days Inventory : 0.00 (As of Apr. 2017)

View and export this data going back to 2009. Start your Free Trial

What is Minerco Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Minerco's Average Total Inventories for the three months ended in Apr. 2017 was $0.00 Mil. Minerco's Cost of Goods Sold for the three months ended in Apr. 2017 was $0.00 Mil.

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

MINE's Days Inventory is not ranked ^*
in the Consumer Packaged Goods industry.
Industry Median: 82.22
* Ranked among companies with meaningful Days Inventory only.

Minerco's Days Inventory declined from Apr. 2016 (144.16) to Apr. 2017 (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.

Minerco Days Inventory Historical Data

The historical data trend for Minerco'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.

Minerco Days Inventory Chart

Minerco Annual Data

Trend

Jul08

Jul09

Jul10

Jul11

Jul12

Jul13

Jul14

Jul15

Jul16

Days Inventory

Get a 7-Day Free Trial

65.79

195.65

Minerco Quarterly Data
	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17
Days Inventory	Get a 7-Day Free Trial															144.16	-	-	-	-

Competitive Comparison of Minerco's Days Inventory

For the Farm Products subindustry, Minerco'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.

Minerco's Days Inventory Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Minerco's Days Inventory distribution charts can be found below:

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

Minerco Days Inventory Calculation

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

Minerco's Days Inventory for the fiscal year that ended in Jul. 2016 is calculated as

	Days Inventory (A: Jul. 2016 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jul. 2015 )	+	Total Inventories (A: Jul. 2016 ))	/	count )	/	Cost of Goods Sold (A: Jul. 2016 )	*	Days in Period
=	( (0.305	+	0)	/	1 )	/	0.569	*	365
=	0.305					/	0.569	*	365
=	195.65

Minerco's Days Inventory for the quarter that ended in Apr. 2017 is calculated as:

	Days Inventory (Q: Apr. 2017 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jan. 2017 )	+	Total Inventories (Q: Apr. 2017 ))	/	count )	/	Cost of Goods Sold (Q: Apr. 2017 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365 / 4
=	0					/	0	*	365 / 4
=	N/A

Minerco (OTCPK:MINE) 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.

Minerco's Inventory Turnover for the three months ended in Apr. 2017 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=

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.

Minerco's Inventory to Revenue for the three months ended in Apr. 2017 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0
	=

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.

Minerco Days Inventory Related Terms

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