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Ten Sixty Four (ASX:X64) Days Inventory : 165.67 (As of Jun. 2023)


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What is Ten Sixty Four Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ten Sixty Four's Average Total Inventories for the six months ended in Jun. 2023 was A$16.6 Mil. Ten Sixty Four's Cost of Goods Sold for the six months ended in Jun. 2023 was A$18.3 Mil. Hence, Ten Sixty Four's Days Inventory for the six months ended in Jun. 2023 was 165.67.

The historical rank and industry rank for Ten Sixty Four's Days Inventory or its related term are showing as below:

ASX:X64' s Days Inventory Range Over the Past 10 Years
Min: 58.27   Med: 77.29   Max: 154.63
Current: 83.23

During the past 13 years, Ten Sixty Four's highest Days Inventory was 154.63. The lowest was 58.27. And the median was 77.29.

ASX:X64's Days Inventory is not ranked
in the Metals & Mining industry.
Industry Median: 87.65 vs ASX:X64: 83.23

Ten Sixty Four's Days Inventory increased from Jun. 2022 (94.73) to Jun. 2023 (165.67). It might indicate that Ten Sixty Four's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ten Sixty Four's Inventory Turnover for the six months ended in Jun. 2023 was 1.10.

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. Ten Sixty Four's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.57.


Ten Sixty Four Days Inventory Historical Data

The historical data trend for Ten Sixty Four'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.

Ten Sixty Four Days Inventory Chart

Ten Sixty Four Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.27 60.00 58.76 82.89 71.69

Ten Sixty Four Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 58.94 55.68 94.73 73.89 165.67

Competitive Comparison of Ten Sixty Four's Days Inventory

For the Gold subindustry, Ten Sixty Four'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.


Ten Sixty Four's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Ten Sixty Four's Days Inventory falls into.



Ten Sixty Four Days Inventory Calculation

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

Ten Sixty Four's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (43.628 + 0.679) / 2 ) / 112.796*365
=22.1535 / 112.796*365
=71.69

Ten Sixty Four's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (32.503 + 0.679) / 2 ) / 18.276*365 / 2
=16.591 / 18.276*365 / 2
=165.67

* 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.


Ten Sixty Four  (ASX:X64) 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.

Ten Sixty Four's Inventory Turnover for the six months ended in Jun. 2023 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.

Ten Sixty Four's Inventory to Revenue for the six months ended in Jun. 2023 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.


Ten Sixty Four Days Inventory Related Terms

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


Ten Sixty Four Business Description

Traded in Other Exchanges
Address
1209 Hay Street, Suite 3, Level 1, West Perth, Perth, WA, AUS, 6005
Ten Sixty Four Ltd is an Australian based gold producer company. It is engaged in the mineral exploration, evaluation, development, and production of properties. The company's segments include Mining, Exploration, and Other. The Mining segment generates all of its revenues. Its projects include the Co-O mine, Philippines exploration, and Queensland projects. It derives revenue from the sale of gold and silver. Its geographical segments include Australia, the Philippines, and Hong Kong, of which all of the revenues are generated from Hong Kong.

Ten Sixty Four Headlines

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