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Minera IRL (FRA:DZX) Days Inventory : 34.45 (As of Sep. 2024)


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What is Minera IRL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Minera IRL's Average Total Inventories for the three months ended in Sep. 2024 was €2.97 Mil. Minera IRL's Cost of Goods Sold for the three months ended in Sep. 2024 was €7.87 Mil. Hence, Minera IRL's Days Inventory for the three months ended in Sep. 2024 was 34.45.

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

FRA:DZX' s Days Inventory Range Over the Past 10 Years
Min: 32.9   Med: 43.67   Max: 49.74
Current: 35.16

During the past 13 years, Minera IRL's highest Days Inventory was 49.74. The lowest was 32.90. And the median was 43.67.

FRA:DZX's Days Inventory is ranked better than
83.98% of 649 companies
in the Metals & Mining industry
Industry Median: 86.21 vs FRA:DZX: 35.16

Minera IRL's Days Inventory declined from Sep. 2023 (39.81) to Sep. 2024 (34.45).

Inventory Turnover measures how fast the company turns over its inventory within a year. Minera IRL's Inventory Turnover for the three months ended in Sep. 2024 was 2.65.

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. Minera IRL's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.40.


Minera IRL Days Inventory Historical Data

The historical data trend for Minera IRL'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.

Minera IRL Days Inventory Chart

Minera IRL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.21 41.25 41.72 39.09 48.70

Minera IRL Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 39.81 40.10 38.74 31.85 34.45

Competitive Comparison of Minera IRL's Days Inventory

For the Gold subindustry, Minera IRL'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.


Minera IRL's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Minera IRL's Days Inventory falls into.



Minera IRL Days Inventory Calculation

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

Minera IRL's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (3.687 + 4.068) / 2 ) / 29.063*365
=3.8775 / 29.063*365
=48.70

Minera IRL's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (2.976 + 2.969) / 2 ) / 7.874*365 / 4
=2.9725 / 7.874*365 / 4
=34.45

* 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.


Minera IRL  (FRA:DZX) 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.

Minera IRL's Inventory Turnover for the three months ended in Sep. 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.

Minera IRL's Inventory to Revenue for the three months ended in Sep. 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.


Minera IRL Days Inventory Related Terms

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


Minera IRL Business Description

Traded in Other Exchanges
Address
15 Esplanade, Hawksford House, Saint Helier, JEY, JE1 1RB
Minera IRL Ltd is engaged in the development and operation of gold mines in Peru. It is engaged in the exploration, development and operation of mines for the extraction of metals. It operates the Corihuarmi Gold Mine and owns the Ollachea Project through its subsidiaries. The Ollachea Project has a completed feasibility study and environmental and construction permits.

Minera IRL Headlines

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