Persistence Gold Group (HKSE:02489) Days Inventory: 48.62 (As of Mar. 2026) — 31% Above Median

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HKSE:02489 Persistence Gold Group Ltd HKSE:02489
47 GF Score
Price HK$0.71
! 4 Warning Signs
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What is Persistence Gold Group Days Inventory?

Persistence Gold Group HKSE:02489 +4.41% 47 Days Inventory is 48.62 as of Mar. 2026, which is 31% above its 10-year median of 37.05. GuruFocus rates HKSE:02489 with a GF Score™ of 47/100. The stock has 4 warning signs investors should review. Among 685 Metals & Mining companies, Persistence Gold Group ranks better than 84.23% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Persistence Gold Group's Average Total Inventories for the three months ended in Mar. 2026 was HK$33.4 Mil. Persistence Gold Group's Cost of Goods Sold for the three months ended in Mar. 2026 was HK$62.7 Mil. Hence, Persistence Gold Group's Days Inventory for the three months ended in Mar. 2026 was 48.62.

The historical rank and industry rank for Persistence Gold Group's Days Inventory or its related term are showing as below:

HKSE:02489' s Days Inventory Range Over the Past 10 Years
Min: 29.46   Med: 37.05   Max: 81.04
Current: 35.6

During the past 6 years, Persistence Gold Group's highest Days Inventory was 81.04. The lowest was 29.46. And the median was 37.05.

HKSE:02489's Days Inventory is ranked better than
84.23% of 685 companies
in the Metals & Mining industry
Industry Median: 86.48 vs HKSE:02489: 35.60

Persistence Gold Group's Days Inventory increased from Mar. 2025 (31.24) to Mar. 2026 (48.62). It might indicate that Persistence Gold Group'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. Persistence Gold Group's Inventory Turnover for the three months ended in Mar. 2026 was 1.88.

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. Persistence Gold Group's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.18.


Persistence Gold Group  (HKSE:02489) 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.

Persistence Gold Group's Inventory Turnover for the three months ended in Mar. 2026 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.

Persistence Gold Group's Inventory to Revenue for the three months ended in Mar. 2026 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.


Persistence Gold Group Days Inventory Related Terms


Persistence Gold Group Days Inventory Historical Data

* Premium members only.

The historical data trend for Persistence Gold Group'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.

Persistence Gold Group Days Inventory Chart

Persistence Gold Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial 81.04 36.85 37.25 30.00 29.46

Persistence Gold Group Quarterly Data
Dec20 Dec21 Dec22 Jun23 Dec23 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 31.24 27.90 34.75 34.78 48.62

HKSE:02489 vs NEM, AU, RGLD: Days Inventory Comparison

For the Gold subindustry, Persistence Gold Group'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.


Persistence Gold Group Days Inventory vs Metals & Mining Industry

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

* The bar in red indicates where Persistence Gold Group's Days Inventory falls into.


HKSE:02489
47GF Score
Persistence Gold Group Ltd HKSE:02489
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Persistence Gold Group Days Inventory Calculation

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

Persistence Gold Group's Days Inventory for the fiscal year that ended in Dec. 2025 is calculated as

Days Inventory (A: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (19.261 + 33.786) / 2 ) / 328.567*365
=26.5235 / 328.567*365
=29.46

Persistence Gold Group's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (33.786 + 33.065) / 2 ) / 62.728*365 / 4
=33.4255 / 62.728*365 / 4
=48.62

* 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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 48.62 mean?
Persistence Gold Group (HKSE:02489) has a Days Inventory of 48.62 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Persistence Gold Group and its competitors. This is 31% above median its historical median of 37.05. Over the past decade, Persistence Gold Group's Days Inventory has ranged from 29.46 to 81.04. According to the industry distribution chart, Persistence Gold Group ranks #108 out of 685 companies in the Metals & Mining industry, placing it in the top 15.8%.
Is Persistence Gold Group's Days Inventory too high?
Persistence Gold Group's current Days Inventory of 48.62 is 31% above median its 10-year median of 37.05. Over the past 10 years, this metric has ranged from a low of 29.46 to a high of 81.04. The Metals & Mining industry median Days Inventory is 86.48. Persistence Gold Group's value of 48.62 is 43.8% below this industry median. Based on the distribution chart, Persistence Gold Group ranks #108 out of 685 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Persistence Gold Group has a GF Score™ of 47/100, reflecting its overall financial health beyond just this single metric.
How does Persistence Gold Group's Days Inventory compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Persistence Gold Group ranks #108 out of 685 companies for Days Inventory. This places Persistence Gold Group in the top 16% of its industry — outperforming the majority of peers. The industry median Days Inventory is 86.48. Persistence Gold Group's value of 48.62 is 43.8% below this benchmark. Historically, Persistence Gold Group's own Days Inventory has ranged from 29.46 to 81.04 over the past decade. While the company's 10-year median is 37.05 vs. the industry median of 86.48, Persistence Gold Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Metals & Mining company?
The median Days Inventory among Metals & Mining companies is 86.48, based on 685 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Persistence Gold Group's current Days Inventory of 48.62 is 43.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Persistence Gold Group and its competitors. For the Metals & Mining industry, the median Days Inventory is 86.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Persistence Gold Group's current Days Inventory is 48.62, which is 31% above median its own 10-year median of 37.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Persistence Gold Group stock overvalued right now?
Persistence Gold Group (HKSE:02489) has a current Days Inventory of 48.62. The current Days Inventory is 48.62, which is 31% above median its 10-year median of 37.05 and 43.8% below the Metals & Mining industry median of 86.48. Persistence Gold Group's overall GF Score™ is 47/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Persistence Gold Group (HKSE:02489), the current Days Inventory is 48.62 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Persistence Gold Group Business Description

Address 199 Des Voeux Road Central, Level 20, Infinitus Plaza, Sheung Wan, Hong Kong, HKG
Persistence Gold Group Ltd is engaged in gold mining and related processing activities in China. Through its subsidiaries, the company operates the Songjiagou open-pit and underground gold mines in Shandong Province and focuses on the extraction, processing, and expansion of gold mining operations.
47GF Score

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