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Revett Mining Co (FRA:RV2) Days Inventory : 122.71 (As of Mar. 2015)


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What is Revett Mining Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Revett Mining Co's Average Total Inventories for the three months ended in Mar. 2015 was €3.31 Mil. Revett Mining Co's Cost of Goods Sold for the three months ended in Mar. 2015 was €2.46 Mil. Hence, Revett Mining Co's Days Inventory for the three months ended in Mar. 2015 was 122.71.

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

FRA:RV2's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 88.19
* Ranked among companies with meaningful Days Inventory only.

Revett Mining Co's Days Inventory increased from Mar. 2014 (0.00) to Mar. 2015 (122.71). It might indicate that Revett Mining Co's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Revett Mining Co's Inventory Turnover for the three months ended in Mar. 2015 was 0.74.

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. Revett Mining Co's Inventory-to-Revenue for the three months ended in Mar. 2015 was 1.58.


Revett Mining Co Days Inventory Historical Data

The historical data trend for Revett Mining Co'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.

Revett Mining Co Days Inventory Chart

Revett Mining Co Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36.24 34.69 36.15 1,171.01 1,592.08

Revett Mining Co Quarterly Data
Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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 - - 1,050.05 2,286.91 122.71

Competitive Comparison of Revett Mining Co's Days Inventory

For the Other Industrial Metals & Mining subindustry, Revett Mining Co'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.


Revett Mining Co's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Revett Mining Co's Days Inventory falls into.



Revett Mining Co Days Inventory Calculation

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

Revett Mining Co's Days Inventory for the fiscal year that ended in Dec. 2014 is calculated as

Days Inventory (A: Dec. 2014 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2013 ) + Total Inventories (A: Dec. 2014 )) / count ) / Cost of Goods Sold (A: Dec. 2014 )*Days in Period
=( (3.017 + 3.709) / 2 ) / 0.771*365
=3.363 / 0.771*365
=1,592.08

Revett Mining Co's Days Inventory for the quarter that ended in Mar. 2015 is calculated as:

Days Inventory (Q: Mar. 2015 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2014 ) + Total Inventories (Q: Mar. 2015 )) / count ) / Cost of Goods Sold (Q: Mar. 2015 )*Days in Period
=( (3.709 + 2.907) / 2 ) / 2.46*365 / 4
=3.308 / 2.46*365 / 4
=122.71

* 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.


Revett Mining Co  (FRA:RV2) 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.

Revett Mining Co's Inventory Turnover for the three months ended in Mar. 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.

Revett Mining Co's Inventory to Revenue for the three months ended in Mar. 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.


Revett Mining Co Days Inventory Related Terms

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Revett Mining Co (FRA:RV2) Business Description

Traded in Other Exchanges
N/A
Address
Revett Mining Co Inc formerly Revett Minerals Inc., was incorporated in August 2004. The Company is a silver-copper producer. It owns and operates the producing Troy Mine and the development-stage Rock Creek project; both properties are located in northwestern Montana. Its mining properties are Troy and Rock Creek. Troy an is underground silver and copper mine located in Lincoln County, Montana, approximately fifteen miles south of the town of Troy. Rock Creek is a large exploration-stage silver and copper property located in Sanders County, Montana, approximately five miles northeast of Noxon, Montana. The mine operation comprises 24 patented lode-mining claims, 510 unpatented lode-mining claims, approximately 850 acres of fee land and approximately 394 acres of patented claim land. The Company also owns two unpatented claim groups in nearby areas of Sanders County, the Vermillion River and the Sims Creek properties, which comprise approximately 1,660 acres and are located approximately 25 miles southeast of Rock Creek. Limited drilling was conducted by the previous owner of the Vermillion River claim group. Additionally, it also owns approximately 673 acres of fee land that will be used for mitigation as the Rock Creek project is developed. The Company is subject to a variety of federal, state and local statutes, rules and regulations designed to protect the quality of the air and water, and threatened or endangered species in the vicinity of its mining operations.

Revett Mining Co (FRA:RV2) Headlines

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