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Aya Gold & Silver (TSX:AYA) Days Inventory : 227.23 (As of Dec. 2023)


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What is Aya Gold & Silver Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Aya Gold & Silver's Average Total Inventories for the three months ended in Dec. 2023 was C$20.97 Mil. Aya Gold & Silver's Cost of Goods Sold for the three months ended in Dec. 2023 was C$8.42 Mil. Hence, Aya Gold & Silver's Days Inventory for the three months ended in Dec. 2023 was 227.23.

The historical rank and industry rank for Aya Gold & Silver's Days Inventory or its related term are showing as below:

TSX:AYA' s Days Inventory Range Over the Past 10 Years
Min: 60.87   Med: 77.09   Max: 165.99
Current: 156.91

During the past 13 years, Aya Gold & Silver's highest Days Inventory was 165.99. The lowest was 60.87. And the median was 77.09.

TSX:AYA's Days Inventory is ranked worse than
77.51% of 658 companies
in the Metals & Mining industry
Industry Median: 87.34 vs TSX:AYA: 156.91

Aya Gold & Silver's Days Inventory increased from Dec. 2022 (72.32) to Dec. 2023 (227.23). It might indicate that Aya Gold & Silver's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aya Gold & Silver's Inventory Turnover for the three months ended in Dec. 2023 was 0.40.

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. Aya Gold & Silver's Inventory-to-Revenue for the three months ended in Dec. 2023 was 1.41.


Aya Gold & Silver Days Inventory Historical Data

The historical data trend for Aya Gold & Silver'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.

Aya Gold & Silver Days Inventory Chart

Aya Gold & Silver Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 122.81 75.17 60.87 77.09 165.99

Aya Gold & Silver Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 72.32 84.35 130.00 211.59 227.23

Competitive Comparison of Aya Gold & Silver's Days Inventory

For the Silver subindustry, Aya Gold & Silver'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.


Aya Gold & Silver's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Aya Gold & Silver's Days Inventory falls into.



Aya Gold & Silver Days Inventory Calculation

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

Aya Gold & Silver's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (10.444 + 22.552) / 2 ) / 36.279*365
=16.498 / 36.279*365
=165.99

Aya Gold & Silver's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (19.383 + 22.552) / 2 ) / 8.42*365 / 4
=20.9675 / 8.42*365 / 4
=227.23

* 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.


Aya Gold & Silver  (TSX:AYA) 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.

Aya Gold & Silver's Inventory Turnover for the three months ended in Dec. 2023 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.

Aya Gold & Silver's Inventory to Revenue for the three months ended in Dec. 2023 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.


Aya Gold & Silver Days Inventory Related Terms

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


Aya Gold & Silver (TSX:AYA) Business Description

Traded in Other Exchanges
Address
1320 Boulevard Graham, Suite 132, Mont-Royal, QC, CAN, H3P 3C8
Aya Gold & Silver Inc is engaged in acquisition, exploration, evaluation, and development of mining properties. The company and its subsidiaries are at the development stage for its Zgounder project and exploration and evaluation stage for projects in Morocco. Its other project includes Boumadine; Amizmiz; Azegour and others.

Aya Gold & Silver (TSX:AYA) Headlines

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