Oakbay Resources and Energy (JSE:46926) Days Inventory : 138.38 (As of Feb. 2017)

View and export this data going back to 2014. Start your Free Trial

What is Oakbay Resources and Energy Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Oakbay Resources and Energy's Average Total Inventories for the six months ended in Feb. 2017 was R190.7 Mil. Oakbay Resources and Energy's Cost of Goods Sold for the six months ended in Feb. 2017 was R251.5 Mil. Hence, Oakbay Resources and Energy's Days Inventory for the six months ended in Feb. 2017 was 138.38.

The historical rank and industry rank for Oakbay Resources and Energy's Days Inventory or its related term are showing as below:

JSE:46926's Days Inventory is not ranked ^*
in the Metals & Mining industry.
Industry Median: 88.19
* Ranked among companies with meaningful Days Inventory only.

Oakbay Resources and Energy's Days Inventory declined from Feb. 2016 (280.60) to Feb. 2017 (138.38).

Inventory Turnover measures how fast the company turns over its inventory within a year. Oakbay Resources and Energy's Inventory Turnover for the six months ended in Feb. 2017 was 1.32.

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. Oakbay Resources and Energy's Inventory-to-Revenue for the six months ended in Feb. 2017 was 0.87.

Oakbay Resources and Energy Days Inventory Historical Data

The historical data trend for Oakbay Resources and Energy'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.

Oakbay Resources and Energy Days Inventory Chart

Oakbay Resources and Energy Annual Data

Trend

Feb14

Feb15

Feb16

Feb17

Days Inventory

241.29

520.51

314.13

163.98

Oakbay Resources and Energy Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17
Days Inventory	Get a 7-Day Free Trial			823.35	373.28	280.60	211.35	138.38

Competitive Comparison of Oakbay Resources and Energy's Days Inventory

For the Other Industrial Metals & Mining subindustry, Oakbay Resources and Energy'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.

Oakbay Resources and Energy's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Oakbay Resources and Energy's Days Inventory falls into.

Oakbay Resources and Energy Days Inventory Calculation

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

Oakbay Resources and Energy's Days Inventory for the fiscal year that ended in Feb. 2017 is calculated as

	Days Inventory (A: Feb. 2017 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Feb. 2016 )	+	Total Inventories (A: Feb. 2017 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2017 )	*	Days in Period
=	( (183.516	+	188.499)	/	2 )	/	414.022	*	365
=	186.0075					/	414.022	*	365
=	163.98

Oakbay Resources and Energy's Days Inventory for the quarter that ended in Feb. 2017 is calculated as:

	Days Inventory (Q: Feb. 2017 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Aug. 2016 )	+	Total Inventories (Q: Feb. 2017 ))	/	count )	/	Cost of Goods Sold (Q: Feb. 2017 )	*	Days in Period
=	( (192.912	+	188.499)	/	2 )	/	251.503	*	365 / 2
=	190.7055					/	251.503	*	365 / 2
=	138.38

Oakbay Resources and Energy (JSE:46926) 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.

Oakbay Resources and Energy's Inventory Turnover for the six months ended in Feb. 2017 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	251.503	/	190.7055
	=	1.32

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.

Oakbay Resources and Energy's Inventory to Revenue for the six months ended in Feb. 2017 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	190.7055	/	219.112
	=	0.87

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.

Oakbay Resources and Energy Days Inventory Related Terms

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

Oakbay Resources and Energy (JSE:46926) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Oakbay Resources and Energy Ltd (JSE:46926) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.oakbay.co.za

Oakbay Resources and Energy Ltd mines for energy resources with a focus on uranium development and coal production. The company's Shiva Uranium project inferred uranium resources more than 190 million pounds and indicated and inferred gold resources more than 5 million ounces. It mines for gold deposits as a by-product and offers outsourced contracting to the mining industry. The company's segments consist of Gold Operations, Uranium Development, Central Services and Contract Mining. The majority of its revenues are derived from mining and sale of gold in the Republic of South Africa.

Oakbay Resources and Energy (JSE:46926) Headlines

No Headlines