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CGA Mining Limited (ASX:CGX) Days Inventory : 57.54 (As of Sep. 2012)


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What is CGA Mining Limited Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). CGA Mining Limited's Average Total Inventories for the three months ended in Sep. 2012 was A$27.3 Mil. CGA Mining Limited's Cost of Goods Sold for the three months ended in Sep. 2012 was A$43.2 Mil. Hence, CGA Mining Limited's Days Inventory for the three months ended in Sep. 2012 was 57.54.

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

ASX:CGX' s Days Inventory Range Over the Past 10 Years
Min: 32.62   Med: 34.43   Max: 225.79
Current: 225.79

During the past 11 years, CGA Mining Limited's highest Days Inventory was 225.79. The lowest was 32.62. And the median was 34.43.

ASX:CGX's Days Inventory is not ranked
in the Metals & Mining industry.
Industry Median: 88.535 vs ASX:CGX: 225.79

CGA Mining Limited's Days Inventory declined from Sep. 2011 (69.80) to Sep. 2012 (57.54).

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. CGA Mining Limited's Inventory Turnover for the three months ended in Sep. 2012 was 1.59.

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. CGA Mining Limited's Inventory-to-Revenue for the three months ended in Sep. 2012 was 0.48.


CGA Mining Limited Days Inventory Historical Data

The historical data trend for CGA Mining Limited'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.

CGA Mining Limited Days Inventory Chart

CGA Mining Limited Annual Data
Trend Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 35.46 35.76 51.62

CGA Mining Limited Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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 69.80 56.61 49.97 47.55 57.54

Competitive Comparison of CGA Mining Limited's Days Inventory

For the Gold subindustry, CGA Mining Limited'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.


CGA Mining Limited's Days Inventory Distribution in the Metals & Mining Industry

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

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



CGA Mining Limited Days Inventory Calculation

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

CGA Mining Limited's Days Inventory for the fiscal year that ended in Jun. 2012 is calculated as

Days Inventory (A: Jun. 2012 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2011 ) + Total Inventories (A: Jun. 2012 )) / count ) / Cost of Goods Sold (A: Jun. 2012 )*Days in Period
=( (16.073 + 25.791) / 2 ) / 148.004*365
=20.932 / 148.004*365
=51.62

CGA Mining Limited's Days Inventory for the quarter that ended in Sep. 2012 is calculated as:

Days Inventory (Q: Sep. 2012 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2012 ) + Total Inventories (Q: Sep. 2012 )) / count ) / Cost of Goods Sold (Q: Sep. 2012 )*Days in Period
=( (25.791 + 28.723) / 2 ) / 43.229*365 / 4
=27.257 / 43.229*365 / 4
=57.54

* 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.


CGA Mining Limited  (ASX:CGX) 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.

CGA Mining Limited's Inventory Turnover for the three months ended in Sep. 2012 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.

CGA Mining Limited's Inventory to Revenue for the three months ended in Sep. 2012 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.


CGA Mining Limited Days Inventory Related Terms

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


CGA Mining Limited (ASX:CGX) Business Description

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