Indo Mines (ASX:IDO) Days Inventory: 0.00 (As of Dec. 2017)

What is Indo Mines Days Inventory?

Indo Mines ASX:IDO Days Inventory is 0.00 as of Dec. 2017. The stock has 3 warning signs investors should review.

Days Inventory is also known as Days Sales of Inventory (DSI). Indo Mines's Average Total Inventories for the six months ended in Dec. 2017 was A$0.00 Mil. Indo Mines's Cost of Goods Sold for the six months ended in Dec. 2017 was A$0.00 Mil.

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

During the past 13 years, Indo Mines's highest Days Inventory was 33.60. The lowest was 0.00. And the median was 33.60.

ASX:IDO's Days Inventory is not ranked ^*
in the Metals & Mining industry.
Industry Median: 85.61
* Ranked among companies with meaningful Days Inventory only.

Indo Mines's Days Inventory stayed the same from Dec. 2016 (0.00) to Dec. 2017 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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.

Indo Mines (ASX:IDO) 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.

Indo Mines's Inventory Turnover for the six months ended in Dec. 2017 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=

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.

Indo Mines's Inventory to Revenue for the six months ended in Dec. 2017 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0
	=

* 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.

Indo Mines Days Inventory Related Terms

Indo Mines Days Inventory Historical Data

* Premium members only.

The historical data trend for Indo Mines's Days Inventory can be seen below:

Indo Mines Days Inventory Chart

Indo Mines Annual Data

Trend

Jun08

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Days Inventory

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130.36

0.00

Indo Mines Semi-Annual Data
	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18
Days Inventory	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

ASX:IDO vs ORRP: Days Inventory Comparison

For the Other Industrial Metals & Mining subindustry, Indo Mines'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.

Indo Mines Days Inventory vs Metals & Mining Industry

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

* The bar in red indicates where Indo Mines's Days Inventory falls into.

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Indo Mines Days Inventory Calculation

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

Indo Mines's Days Inventory for the fiscal year that ended in Jun. 2017 is calculated as

	Days Inventory (A: Jun. 2017 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2016 )	+	Total Inventories (A: Jun. 2017 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2017 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

Indo Mines's Days Inventory for the quarter that ended in Dec. 2017 is calculated as:

	Days Inventory (Q: Dec. 2017 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2017 )	+	Total Inventories (Q: Dec. 2017 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2017 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365 / 2
=	0					/	0	*	365 / 2
=	N/A

Frequently Asked Questions Learn more about Days Inventory →

What does a Days Inventory of 0.00 mean?

Indo Mines (ASX:IDO) has a Days Inventory of 0.00 as of Dec. 2017. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Indo Mines and its competitors.

Is Indo Mines' Days Inventory too high?

Indo Mines' current Days Inventory is 0.00.

How does Indo Mines' Days Inventory compare to ORRP?

Indo Mines' Days Inventory of 0.00 can be compared against companies in the Metals & Mining industry. The industry median Days Inventory is 85.61. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good Days Inventory for a Metals & Mining company?

The median Days Inventory among Metals & Mining companies is 85.61, based on 681 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high Days Inventory mean?

A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Indo Mines and its competitors. For the Metals & Mining industry, the median Days Inventory is 85.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Indo Mines's current Days Inventory is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Indo Mines stock overvalued right now?

Indo Mines (ASX:IDO) has a current Days Inventory of 0.00. The current Days Inventory is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Days Inventory calculated?

Days Inventory is calculated from a company's financial statements. For Indo Mines (ASX:IDO), the current Days Inventory is 0.00 as of Dec. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Indo Mines Business Description

Industry Basic Materials Metals & Mining

Comparable Companies TSXV:RCG TSXV:CYL TSXV:SMY ASX:CXU ASX:FEL TSXV:TIM ASX:CRL TSXV:ABRA ORRP TSXV:RRI ASX:CAZ TSXV:GLDN XCNQ:IBAT ASX:KMT XPAR:MLBAT TSXV:CGM LSE:BMV TSXV:DLV.H ASX:PMY ASX:MEU

Website http://www.indomines.com.au

Indo Mines Ltd is a mineral exploration and development company with iron sands projects in Indonesia.