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AQPTY (Aquarius Platinum) Days Inventory : 16.93 (As of Dec. 2015)


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What is Aquarius Platinum Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Aquarius Platinum's Average Total Inventories for the six months ended in Dec. 2015 was $8.5 Mil. Aquarius Platinum's Cost of Goods Sold for the six months ended in Dec. 2015 was $91.3 Mil. Hence, Aquarius Platinum's Days Inventory for the six months ended in Dec. 2015 was 16.93.

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

AQPTY's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 86.88
* Ranked among companies with meaningful Days Inventory only.

Aquarius Platinum's Days Inventory declined from Dec. 2014 (25.36) to Dec. 2015 (16.93).

Inventory Turnover measures how fast the company turns over its inventory within a year. Aquarius Platinum's Inventory Turnover for the six months ended in Dec. 2015 was 10.78.

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. Aquarius Platinum's Inventory-to-Revenue for the six months ended in Dec. 2015 was 0.11.


Aquarius Platinum Days Inventory Historical Data

The historical data trend for Aquarius Platinum'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.

Aquarius Platinum Days Inventory Chart

Aquarius Platinum Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.53 30.31 30.35 24.07 20.52

Aquarius Platinum Semi-Annual Data
Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15
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 23.03 25.20 25.36 15.28 16.93

Competitive Comparison of Aquarius Platinum's Days Inventory

For the Other Industrial Metals & Mining subindustry, Aquarius Platinum'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.


Aquarius Platinum's Days Inventory Distribution in the Metals & Mining Industry

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

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



Aquarius Platinum Days Inventory Calculation

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

Aquarius Platinum's Days Inventory for the fiscal year that ended in Jun. 2015 is calculated as

Days Inventory (A: Jun. 2015 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2014 ) + Total Inventories (A: Jun. 2015 )) / count ) / Cost of Goods Sold (A: Jun. 2015 )*Days in Period
=( (15.246 + 8.463) / 2 ) / 210.816*365
=11.8545 / 210.816*365
=20.52

Aquarius Platinum's Days Inventory for the quarter that ended in Dec. 2015 is calculated as:

Days Inventory (Q: Dec. 2015 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2015 ) + Total Inventories (Q: Dec. 2015 )) / count ) / Cost of Goods Sold (Q: Dec. 2015 )*Days in Period
=( (8.463 + 0) / 1 ) / 91.255*365 / 2
=8.463 / 91.255*365 / 2
=16.93

* 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.


Aquarius Platinum  (OTCPK:AQPTY) 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.

Aquarius Platinum's Inventory Turnover for the six months ended in Dec. 2015 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.

Aquarius Platinum's Inventory to Revenue for the six months ended in Dec. 2015 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.


Aquarius Platinum Days Inventory Related Terms

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


Aquarius Platinum Business Description

Traded in Other Exchanges
N/A
Address
Aquarius Platinum Ltd was incorporated in Bermuda as an exempted company and is subject to Bermudian law. The Company is a producer of the platinum group metals, which comprise platinum, palladium, rhodium, osmium, ruthenium and iridium. The Ruthenium and iridium are produced in smaller quantities as co-products, with the base metals nickel, copper and chrome produced as by-products. The Company's operations include Kroondal and Mimosa. The Kroondal is located up-dip of Amplat's Rustenburg Platinum Mine, exploits the UG2 reef in the Townlands and Kroondal ore bodies via five operating decline shafts to depths of up to 700m. The Mimosa is located on the Wedza sub-chamber of the southern portion of the Great Dyke in Zimbabwe.

Aquarius Platinum Headlines

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