Image Resources NL (ASX:IMA) Days Inventory: 28.41 (As of Dec. 2025) — 69% Below Median

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What is Image Resources NL Days Inventory?

Image Resources NL ASX:IMA Days Inventory is 28.41 as of Dec. 2025, which is 69% below its 10-year median of 91.47. The stock has 5 warning signs investors should review. Among 692 Metals & Mining companies, Image Resources NL ranks better than 74.42% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Image Resources NL's Average Total Inventories for the six months ended in Dec. 2025 was A$8.5 Mil. Image Resources NL's Cost of Goods Sold for the six months ended in Dec. 2025 was A$54.9 Mil. Hence, Image Resources NL's Days Inventory for the six months ended in Dec. 2025 was 28.41.

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

ASX:IMA' s Days Inventory Range Over the Past 10 Years
Min: 49.34   Med: 91.47   Max: 112.28
Current: 49.34

During the past 13 years, Image Resources NL's highest Days Inventory was 112.28. The lowest was 49.34. And the median was 91.47.

ASX:IMA's Days Inventory is ranked better than
74.42% of 692 companies
in the Metals & Mining industry
Industry Median: 85.515 vs ASX:IMA: 49.34

Image Resources NL's Days Inventory declined from Dec. 2024 (70.92) to Dec. 2025 (28.41).

Inventory Turnover measures how fast the company turns over its inventory within a year. Image Resources NL's Inventory Turnover for the six months ended in Dec. 2025 was 6.42.

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. Image Resources NL's Inventory-to-Revenue for the six months ended in Dec. 2025 was 0.15.


Image Resources NL  (ASX:IMA) 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.

Image Resources NL's Inventory Turnover for the six months ended in Dec. 2025 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.

Image Resources NL's Inventory to Revenue for the six months ended in Dec. 2025 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.


Image Resources NL Days Inventory Related Terms


Image Resources NL Days Inventory Historical Data

* Premium members only.

The historical data trend for Image Resources NL'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.

Image Resources NL Days Inventory Chart

Image Resources NL Annual Data
Trend Jun15 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 74.37 51.68 102.51 26.38 49.34

Image Resources NL Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 61.78 182.90 70.92 34.30 28.41

Image Resources NL Days Inventory Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Image Resources NL'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.


Image Resources NL Days Inventory vs Metals & Mining Industry

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

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



Image Resources NL Days Inventory Calculation

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

Image Resources NL's Days Inventory for the fiscal year that ended in Dec. 2025 is calculated as

Days Inventory (A: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (2.06 + 9.655) / 2 ) / 81.034*365
=5.8575 / 81.034*365
=26.38

Image Resources NL's Days Inventory for the quarter that ended in Dec. 2025 is calculated as:

Days Inventory (Q: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2025 ) + Total Inventories (Q: Dec. 2025 )) / count ) / Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=( (7.436 + 9.655) / 2 ) / 54.902*365 / 2
=8.5455 / 54.902*365 / 2
=28.41

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 28.41 mean?
Image Resources NL (ASX:IMA) has a Days Inventory of 28.41 as of Dec. 2025. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Image Resources NL and its competitors. This is 69% below median its historical median of 91.47. Over the past decade, Image Resources NL's Days Inventory has ranged from 49.34 to 112.28. According to the industry distribution chart, Image Resources NL ranks #177 out of 692 companies in the Metals & Mining industry, placing it in the top 25.6%.
Is Image Resources NL's Days Inventory too high?
Image Resources NL's current Days Inventory of 28.41 is 69% below median its 10-year median of 91.47. Over the past 10 years, this metric has ranged from a low of 49.34 to a high of 112.28. The Metals & Mining industry median Days Inventory is 85.52. Image Resources NL's value of 28.41 is 66.8% below this industry median. Based on the distribution chart, Image Resources NL ranks #177 out of 692 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Image Resources NL's Days Inventory compare to competitors?
According to the Metals & Mining industry distribution chart, Image Resources NL ranks #177 out of 692 companies for Days Inventory. This puts Image Resources NL in the upper half of its industry. The industry median Days Inventory is 85.52. Image Resources NL's value of 28.41 is 66.8% below this benchmark. Historically, Image Resources NL's own Days Inventory has ranged from 49.34 to 112.28 over the past decade. While the company's 10-year median is 91.47 vs. the industry median of 85.52, Image Resources NL has consistently been below the industry average. 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 85.52, based on 692 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. Image Resources NL's current Days Inventory of 28.41 is 66.8% below the industry median. 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 Image Resources NL and its competitors. For the Metals & Mining industry, the median Days Inventory is 85.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Image Resources NL's current Days Inventory is 28.41, which is 69% below median its own 10-year median of 91.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Image Resources NL stock overvalued right now?
Image Resources NL (ASX:IMA) has a current Days Inventory of 28.41. The current Days Inventory is 28.41, which is 69% below median its 10-year median of 91.47 and 66.8% below the Metals & Mining industry median of 85.52. 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 Image Resources NL (ASX:IMA), the current Days Inventory is 28.41 as of Dec. 2025. 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.

Image Resources NL Business Description

Other Exchanges I5R:Germany
Address 1-5 Walker Avenue, Level 2, West Perth, Perth, WA, AUS, 6005
Image Resources NL is a mineral sands-focused mining company, currently transitioning from open-cut mining and ore processing operations at its high-grade, zircon-rich Boonanarring project, to the Atlas project, and also holds ownership stakes in the Yandanooka, Bidaminna, and McCalls projects in North Perth Basin. In addition, the company holds two exploration licenses and two prospecting licenses, located southeast of Kalgoorlie, which make up the Erayinia/King Gold Project.