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Alcyone Resources (ASX:AYN) Days Inventory : 99.43 (As of Jun. 2013)


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What is Alcyone Resources Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Alcyone Resources's Average Total Inventories for the six months ended in Jun. 2013 was A$5.54 Mil. Alcyone Resources's Cost of Goods Sold for the six months ended in Jun. 2013 was A$10.18 Mil. Hence, Alcyone Resources's Days Inventory for the six months ended in Jun. 2013 was 99.43.

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

ASX:AYN's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 87.68
* Ranked among companies with meaningful Days Inventory only.

Alcyone Resources's Days Inventory increased from Jun. 2012 (93.53) to Jun. 2013 (99.43). It might indicate that Alcyone Resources's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Alcyone Resources's Inventory Turnover for the six months ended in Jun. 2013 was 1.84.

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. Alcyone Resources's Inventory-to-Revenue for the six months ended in Jun. 2013 was 0.77.


Alcyone Resources Days Inventory Historical Data

The historical data trend for Alcyone Resources'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.

Alcyone Resources Days Inventory Chart

Alcyone Resources Annual Data
Trend Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,823.55 - - 130.86 100.58

Alcyone Resources Semi-Annual Data
Dec03 Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13
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 - 609.01 93.53 96.79 99.43

Competitive Comparison of Alcyone Resources's Days Inventory

For the Silver subindustry, Alcyone Resources'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.


Alcyone Resources's Days Inventory Distribution in the Metals & Mining Industry

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

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



Alcyone Resources Days Inventory Calculation

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

Alcyone Resources's Days Inventory for the fiscal year that ended in Jun. 2013 is calculated as

Days Inventory (A: Jun. 2013 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2012 ) + Total Inventories (A: Jun. 2013 )) / count ) / Cost of Goods Sold (A: Jun. 2013 )*Days in Period
=( (5.71 + 5.677) / 2 ) / 20.662*365
=5.6935 / 20.662*365
=100.58

Alcyone Resources's Days Inventory for the quarter that ended in Jun. 2013 is calculated as:

Days Inventory (Q: Jun. 2013 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2012 ) + Total Inventories (Q: Jun. 2013 )) / count ) / Cost of Goods Sold (Q: Jun. 2013 )*Days in Period
=( (5.411 + 5.677) / 2 ) / 10.176*365 / 2
=5.544 / 10.176*365 / 2
=99.43

* 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.


Alcyone Resources  (ASX:AYN) 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.

Alcyone Resources's Inventory Turnover for the six months ended in Jun. 2013 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.

Alcyone Resources's Inventory to Revenue for the six months ended in Jun. 2013 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.


Alcyone Resources Days Inventory Related Terms

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


Alcyone Resources (ASX:AYN) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Macmin Silver Ltd (MMN) is a minerals exploration and mining company focused on silver and gold in Australia. The company's main project is the Twin Hills Silver Projects, located in southern Queensland. The company also has a substantial investment in a New Guinea based gold exploration and mining company.

Alcyone Resources (ASX:AYN) Headlines

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