Days Inventory is also known as Days Sales of Inventory (DSI). Sayona Mining's Average Total Inventories for the
six
months ended in Dec. 2024 was A$56.3 Mil. Sayona Mining's Cost of Goods Sold for the
six
months ended in Dec. 2024 was A$60.6 Mil.
Hence, Sayona Mining's Days Inventory for the
six
months ended in Dec. 2024 was 169.66.
The historical rank and industry rank for Sayona Mining's Days Inventory or its related term are showing as below:
ASX:SYA'
s Days Inventory Range Over the Past 10 Years
Min: 226.85 Med: 983.53 Max: 983.53
Current: 226.85
During the past 13 years, Sayona Mining's highest Days Inventory was 983.53. The lowest was 226.85. And the median was 983.53.
ASX:SYA's Days Inventory is ranked worse than 85.23% of 650
companies
in the Metals & Mining industry
Industry Median: 86.34
vs ASX:SYA: 226.85
Sayona Mining's Days Inventory
increased
from Dec. 2023 (0.00) to Dec. 2024 (169.66).
It might indicate that Sayona Mining's sales slowed down.
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.
Sayona Mining's Inventory Turnover for the
six
months ended in Dec. 2024 was 1.08.
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.
Sayona Mining's Inventory-to-Revenue for the
six
months ended in Dec. 2024 was 0.46.
Sayona Mining Days Inventory Historical Data
The historical data trend for Sayona Mining'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.
Competitive Comparison of Sayona Mining's Days Inventory
For the Other Industrial Metals & Mining subindustry, Sayona Mining'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.
Sayona Mining's Days Inventory Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Sayona Mining's Days Inventory distribution charts can be found below:
* The bar in red indicates where Sayona Mining's Days Inventory falls into.
* 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.
Sayona Mining (ASX:SYA) 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.
Sayona Mining's Inventory Turnover for the
six
months ended in Dec. 2024 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.
Sayona Mining's Inventory to Revenue for the
six
months ended in Dec. 2024 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.
Sayona Mining Days Inventory Related Terms
Thank you for viewing the detailed overview of Sayona Mining's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Sayona Mining Ltd is a mineral exploration and development company. The principal activity of the company is the identification, acquisition, and evaluation of mineral exploration assets, focusing on lithium and graphite. The company's primary focus is the development of the advanced-stage Authier lithium project in Quebec, Canada. It also holds interests in the East Kimberley Graphite Project and the West Australian Lithium Project. The company's reportable segments are Australian operations, Canadian operations, and Corporate.
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