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Northern Sun Mining (FRA:LM8A) Days Inventory : 15.26 (As of Dec. 2015)


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What is Northern Sun Mining Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Northern Sun Mining's Average Total Inventories for the three months ended in Dec. 2015 was €0.15 Mil. Northern Sun Mining's Cost of Goods Sold for the three months ended in Dec. 2015 was €0.91 Mil. Hence, Northern Sun Mining's Days Inventory for the three months ended in Dec. 2015 was 15.26.

The historical rank and industry rank for Northern Sun Mining's Days Inventory or its related term are showing as below:

FRA:LM8A' s Days Inventory Range Over the Past 10 Years
Min: 4.5   Med: 15.54   Max: 56.24
Current: 11.16

During the past 13 years, Northern Sun Mining's highest Days Inventory was 56.24. The lowest was 4.50. And the median was 15.54.

FRA:LM8A's Days Inventory is not ranked
in the Metals & Mining industry.
Industry Median: 87.85 vs FRA:LM8A: 11.16

Northern Sun Mining's Days Inventory increased from Dec. 2014 (8.79) to Dec. 2015 (15.26). It might indicate that Northern Sun Mining's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Northern Sun Mining's Inventory Turnover for the three months ended in Dec. 2015 was 5.98.

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. Northern Sun Mining's Inventory-to-Revenue for the three months ended in Dec. 2015 was 0.28.


Northern Sun Mining Days Inventory Historical Data

The historical data trend for Northern Sun 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.

* Premium members only.

Northern Sun Mining Days Inventory Chart

Northern Sun Mining Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.11 8.14 14.11 15.32 9.45

Northern Sun Mining Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
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 8.79 6.16 10.63 5.80 15.26

Competitive Comparison of Northern Sun Mining's Days Inventory

For the Other Industrial Metals & Mining subindustry, Northern Sun 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.


Northern Sun Mining's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Northern Sun Mining's Days Inventory falls into.



Northern Sun Mining Days Inventory Calculation

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

Northern Sun Mining's Days Inventory for the fiscal year that ended in Dec. 2015 is calculated as

Days Inventory (A: Dec. 2015 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2014 ) + Total Inventories (A: Dec. 2015 )) / count ) / Cost of Goods Sold (A: Dec. 2015 )*Days in Period
=( (0.178 + 0) / 1 ) / 6.873*365
=0.178 / 6.873*365
=9.45

Northern Sun Mining's Days Inventory for the quarter that ended in Dec. 2015 is calculated as:

Days Inventory (Q: Dec. 2015 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2015 ) + Total Inventories (Q: Dec. 2015 )) / count ) / Cost of Goods Sold (Q: Dec. 2015 )*Days in Period
=( (0.152 + 0) / 1 ) / 0.909*365 / 4
=0.152 / 0.909*365 / 4
=15.26

* 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.


Northern Sun Mining  (FRA:LM8A) 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.

Northern Sun Mining's Inventory Turnover for the three months ended in Dec. 2015 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.

Northern Sun Mining's Inventory to Revenue for the three months ended in Dec. 2015 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.


Northern Sun Mining Days Inventory Related Terms

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


Northern Sun Mining (FRA:LM8A) Business Description

Traded in Other Exchanges
N/A
Address
Liberty Mines Inc., is engaged in exploration, development and production of nickel and related base metals from its properties in Ontario, Canada. The Company is also involved in the exploration for and development of mineral resources.

Northern Sun Mining (FRA:LM8A) Headlines

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