Bear Creek Mining (TSXV:BCM) Days Inventory

: 47.26 (As of Sep. 2023)

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Days Inventory is also known as Days Sales of Inventory (DSI). Bear Creek Mining's Average Total Inventories for the three months ended in Sep. 2023 was C$17.9 Mil. Bear Creek Mining's Cost of Goods Sold for the three months ended in Sep. 2023 was C$34.6 Mil. Hence, Bear Creek Mining's Days Inventory for the three months ended in Sep. 2023 was 47.26.

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

TSXV:BCM' s Days Inventory Range Over the Past 10 Years
Min: 69.91 Med: 147.37 Max: 147.37
Current: 69.91

During the past 13 years, Bear Creek Mining's highest Days Inventory was 147.37. The lowest was 69.91. And the median was 147.37.

TSXV:BCM's Days Inventory is ranked better than
62.31% of 658 companies
in the Metals & Mining industry
Industry Median: 87.34 vs TSXV:BCM: 69.91

Bear Creek Mining's Days Inventory declined from Sep. 2022 (52.99) to Sep. 2023 (47.26).

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. Bear Creek Mining's Inventory Turnover for the three months ended in Sep. 2023 was 1.93.

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. Bear Creek Mining's Inventory-to-Revenue for the three months ended in Sep. 2023 was 0.70.

Bear Creek Mining Days Inventory Historical Data

The historical data trend for Bear Creek 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.

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Bear Creek Mining Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Days Inventory

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147.37

Bear Creek Mining Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Inventory	Get a 7-Day Free Trial															52.99	77.08	96.96	-	47.26

Competitive Comparison

For the Gold subindustry, Bear Creek 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.

Bear Creek Mining Days Inventory Distribution

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

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

Bear Creek Mining Days Inventory Calculation

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

Bear Creek Mining's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0	+	33.412)	/	1 )	/	82.753	*	365
=	33.412					/	82.753	*	365
=	147.37

Bear Creek Mining's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0	+	17.915)	/	1 )	/	34.591	*	365 / 4
=	17.915					/	34.591	*	365 / 4
=	47.26

Bear Creek Mining (TSXV:BCM) 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.

Bear Creek Mining's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	34.591	/	17.915
	=	1.93

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.

Bear Creek Mining's Inventory to Revenue for the three months ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	17.915	/	25.445
	=	0.70

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.

Bear Creek Mining Days Inventory Related Terms

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

Bear Creek Mining (TSXV:BCM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Bear Creek Mining Corp (TSXV:BCM) » Definitions » Days Inventory

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Traded in Other Exchanges

BCEKF:USA OU6:Germany OU6:Germany

Address

400 Burrard Street, Suite 1400, Vancouver, BC, CAN, V6C 3A6

Website

https://www.bearcreekmining.com

Bear Creek Mining Corp is a mineral resource corporation engaged in the acquisition, exploration, development and operation of mineral properties in Latin America. The company is a precious metals producer with 100% ownership of two material mineral projects - the Mercedes Mine and the Corani Property.

Bear Creek Mining (TSXV:BCM) Days Inventory

Bear Creek Mining Days Inventory Historical Data

Bear Creek Mining Days Inventory Calculation

Bear Creek Mining Days Inventory Related Terms

Bear Creek Mining (TSXV:BCM) Business Description

Bear Creek Mining (TSXV:BCM) Headlines