Legacy Iron Ore (ASX:LCY) Days Inventory: 0.00 (As of Mar. 2026)


What is Legacy Iron Ore Days Inventory?

Legacy Iron Ore ASX:LCY Days Inventory is 0.00 as of Mar. 2026. The stock has 2 warning signs investors should review. Among 681 Metals & Mining companies, Legacy Iron Ore ranks worse than 93.54% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Legacy Iron Ore's Average Total Inventories for the six months ended in Mar. 2026 was A$0.00 Mil. Legacy Iron Ore's Cost of Goods Sold for the six months ended in Mar. 2026 was A$1.97 Mil. Hence, Legacy Iron Ore's Days Inventory for the six months ended in Mar. 2026 was 0.00.

The historical rank and industry rank for Legacy Iron Ore's Days Inventory or its related term are showing as below:

ASX:LCY' s Days Inventory Range Over the Past 10 Years
Min: 365   Med: 387.03   Max: 484.5
Current: 484.5

During the past 13 years, Legacy Iron Ore's highest Days Inventory was 484.50. The lowest was 365.00. And the median was 387.03.

ASX:LCY's Days Inventory is ranked worse than
93.54% of 681 companies
in the Metals & Mining industry
Industry Median: 85.61 vs ASX:LCY: 484.50

Legacy Iron Ore's Days Inventory declined from Mar. 2025 (150.37) to Mar. 2026 (0.00).

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.

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. Legacy Iron Ore's Inventory-to-Revenue for the six months ended in Mar. 2026 was 0.00.


Legacy Iron Ore  (ASX:LCY) 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.

Legacy Iron Ore's Inventory Turnover for the six months ended in Mar. 2026 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.

Legacy Iron Ore's Inventory to Revenue for the six months ended in Mar. 2026 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.


Legacy Iron Ore Days Inventory Related Terms


Legacy Iron Ore Days Inventory Historical Data

* Premium members only.

The historical data trend for Legacy Iron Ore'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.

Legacy Iron Ore Days Inventory Chart

Legacy Iron Ore Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 409.06 365.00

Legacy Iron Ore Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 0.00 0.00 150.37 0.00 0.00

Legacy Iron Ore Days Inventory Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Legacy Iron Ore'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.


Legacy Iron Ore Days Inventory vs Metals & Mining Industry

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

* The bar in red indicates where Legacy Iron Ore's Days Inventory falls into.



Legacy Iron Ore Days Inventory Calculation

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

Legacy Iron Ore's Days Inventory for the fiscal year that ended in Mar. 2026 is calculated as

Days Inventory (A: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2025 ) + Total Inventories (A: Mar. 2026 )) / count ) / Cost of Goods Sold (A: Mar. 2026 )*Days in Period
=( (1.967 + 0) / 1 ) / 1.967*365
=1.967 / 1.967*365
=365.00

Legacy Iron Ore's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (0 + 0) / 1 ) / 1.967*365 / 2
=0 / 1.967*365 / 2
=0.00

* 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 0.00 mean?
Legacy Iron Ore (ASX:LCY) has a Days Inventory of 0.00 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Legacy Iron Ore and its competitors. Over the past decade, Legacy Iron Ore's Days Inventory has ranged from 365.00 to 484.50. According to the industry distribution chart, Legacy Iron Ore ranks #637 out of 681 companies in the Metals & Mining industry, placing it in the top 93.5%.
Is Legacy Iron Ore's Days Inventory too high?
Legacy Iron Ore's current Days Inventory is 0.00. Over the past 10 years, this metric has ranged from a low of 365.00 to a high of 484.50. Based on the distribution chart, Legacy Iron Ore ranks #637 out of 681 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Legacy Iron Ore's Days Inventory compare to competitors?
According to the Metals & Mining industry distribution chart, Legacy Iron Ore ranks #637 out of 681 companies for Days Inventory. This places Legacy Iron Ore in the lower half of its industry. The industry median Days Inventory is 85.61. Historically, Legacy Iron Ore's own Days Inventory has ranged from 365.00 to 484.50 over the past decade. 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 Legacy Iron Ore 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. Legacy Iron Ore'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 Legacy Iron Ore stock overvalued right now?
Legacy Iron Ore (ASX:LCY) 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 Legacy Iron Ore (ASX:LCY), the current Days Inventory is 0.00 as of Mar. 2026. 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.

Legacy Iron Ore Business Description

Address 200 Adelaide Terrace, Level 6, West Perth, Perth, WA, AUS, 6004
Legacy Iron Ore Ltd is an active exploration and gold mining company with a diverse portfolio of prospective assets. The company owns a gold mine at Mount Celia and is advancing the development of additional gold, iron, and base metal assets in Western Australia through systematic exploration and mine development programs. Its portfolio comprises three key projects, namely Mt Bevan, South Laverton, and East Kimberley. The company has three reportable segments: Iron ore exploration and development in Australia; (ii) Gold exploration and development in Australia, and (iii) Base metals and other critical minerals (OCM) exploration and development in Australia. The majority of revenue is derived from the Gold segment.