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SSR Mining (TSX:SSRM) Days Inventory : 274.12 (As of Mar. 2025)


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What is SSR Mining Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). SSR Mining's Average Total Inventories for the three months ended in Mar. 2025 was C$721 Mil. SSR Mining's Cost of Goods Sold for the three months ended in Mar. 2025 was C$240 Mil. Hence, SSR Mining's Days Inventory for the three months ended in Mar. 2025 was 274.12.

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

TSX:SSRM' s Days Inventory Range Over the Past 10 Years
Min: 125.25   Med: 193.26   Max: 277.15
Current: 277.15

During the past 13 years, SSR Mining's highest Days Inventory was 277.15. The lowest was 125.25. And the median was 193.26.

TSX:SSRM's Days Inventory is ranked worse than
87.8% of 656 companies
in the Metals & Mining industry
Industry Median: 85.815 vs TSX:SSRM: 277.15

SSR Mining's Days Inventory increased from Mar. 2024 (270.94) to Mar. 2025 (274.12). It might indicate that SSR Mining's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. SSR Mining's Inventory Turnover for the three months ended in Mar. 2025 was 0.33.

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. SSR Mining's Inventory-to-Revenue for the three months ended in Mar. 2025 was 1.59.


SSR Mining Days Inventory Historical Data

The historical data trend for SSR 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.

SSR Mining Days Inventory Chart

SSR Mining Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 224.51 167.77 200.79 183.38 268.89

SSR Mining Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 270.94 368.94 272.65 222.49 274.12

Competitive Comparison of SSR Mining's Days Inventory

For the Gold subindustry, SSR 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.


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

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

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


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SSR Mining Days Inventory Calculation

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

SSR Mining's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (691.116 + 661.166) / 2 ) / 917.826*365
=676.141 / 917.826*365
=268.89

SSR Mining's Days Inventory for the quarter that ended in Mar. 2025 is calculated as:

Days Inventory (Q: Mar. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2024 ) + Total Inventories (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (661.166 + 781.444) / 2 ) / 240.11*365 / 4
=721.305 / 240.11*365 / 4
=274.12

* 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.


SSR Mining  (TSX:SSRM) 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.

SSR Mining's Inventory Turnover for the three months ended in Mar. 2025 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.

SSR Mining's Inventory to Revenue for the three months ended in Mar. 2025 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.


SSR Mining Days Inventory Related Terms

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


SSR Mining Business Description

Traded in Other Exchanges
Address
6900 E. Layton Avenue, Suite 1300, Denver, CO, USA, 80237
SSR Mining Inc is a minerals company focused on mining precious metals in the Americas. More than half of Silver Standard's revenue is attributable to the production of gold, with a key portion derived from silver production. The company owns and operates the Marigold mine in Nevada, United States; the Seabee Gold Operation in Saskatchewan, Canada; and the Puna mine in Argentina. The majority of gold production is derived from the Marigold mine, and Silver Standard's silver production is principally derived from the Puna mine.
Executives
Mike Arthur E. Anglin Director
Alison Lynn White Senior Officer
John Ebbett Senior Officer
Michael John Sparks Senior Officer
Fady Adel Edward Farid Senior Officer
Rod Antal Director, Senior Officer
Stewart Beckman Senior Officer
Alan Peter Krusi Director
Thomas Robert Bates Director
Gregory John Martin Senior Officer
Edward Camp Dowling Director
William John Jr. Decooman Senior Officer
Kevin Patrick O'kane Senior Officer
Nadine June Block Senior Officer
Paul Benson Director, Senior Officer