Bellzone Mining (LSE:BZM) Days Inventory: 0.00 (As of Jun. 2018)

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What is Bellzone Mining Days Inventory?

Bellzone Mining LSE:BZM Days Inventory is 0.00 as of Jun. 2018. The stock has 3 warning signs investors should review.

Days Inventory is also known as Days Sales of Inventory (DSI). Bellzone Mining's Average Total Inventories for the six months ended in Jun. 2018 was £0.31 Mil. Bellzone Mining's Cost of Goods Sold for the six months ended in Jun. 2018 was £0.00 Mil.

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

LSE:BZM's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 86.41
* Ranked among companies with meaningful Days Inventory only.

Bellzone Mining's Days Inventory stayed the same from Jun. 2017 (0.00) to Jun. 2018 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Bellzone Mining's Inventory Turnover for the six months ended in Jun. 2018 was 0.00.

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.


Bellzone Mining  (LSE:BZM) 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.

Bellzone Mining's Inventory Turnover for the six months ended in Jun. 2018 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.

Bellzone Mining's Inventory to Revenue for the six months ended in Jun. 2018 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.


Bellzone Mining Days Inventory Related Terms


Bellzone Mining Days Inventory Historical Data

* Premium members only.

The historical data trend for Bellzone 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.

Bellzone Mining Days Inventory Chart

Bellzone Mining Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Days Inventory
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.00 0.00

Bellzone Mining Semi-Annual Data
Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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 0.00 0.00 0.00 0.00 0.00

Bellzone Mining Days Inventory Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Bellzone 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.


Bellzone Mining Days Inventory vs Metals & Mining Industry

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

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



Bellzone Mining Days Inventory Calculation

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

Bellzone Mining's Days Inventory for the fiscal year that ended in Dec. 2017 is calculated as

Days Inventory (A: Dec. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2016 ) + Total Inventories (A: Dec. 2017 )) / count ) / Cost of Goods Sold (A: Dec. 2017 )*Days in Period
=( (0.513 + 0.313) / 2 ) / 0*365
=0.413 / 0*365
=N/A

Bellzone Mining's Days Inventory for the quarter that ended in Jun. 2018 is calculated as:

Days Inventory (Q: Jun. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2017 ) + Total Inventories (Q: Jun. 2018 )) / count ) / Cost of Goods Sold (Q: Jun. 2018 )*Days in Period
=( (0.313 + 0.316) / 2 ) / 0*365 / 2
=0.3145 / 0*365 / 2
=N/A

* 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 0.00 mean?
Bellzone Mining (LSE:BZM) has a Days Inventory of 0.00 as of Jun. 2018. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Bellzone Mining and its competitors.
Is Bellzone Mining's Days Inventory too high?
Bellzone Mining's current Days Inventory is 0.00.
How does Bellzone Mining's Days Inventory compare to competitors?
Bellzone Mining's Days Inventory of 0.00 can be compared against companies in the Metals & Mining industry. The industry median Days Inventory is 86.41. 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 86.41, 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. 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 Bellzone Mining and its competitors. For the Metals & Mining industry, the median Days Inventory is 86.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bellzone Mining's current Days Inventory is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bellzone Mining stock overvalued right now?
Bellzone Mining (LSE:BZM) has a current Days Inventory of 0.00. The current Days Inventory is 0.00. 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 Bellzone Mining (LSE:BZM), the current Days Inventory is 0.00 as of Jun. 2018. 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.

Bellzone Mining Business Description

Bellzone Mining PLC is party to a legally-ratified Mining Convention in Guinea. It governs its mining concession to explore and exploit the iron ore resources at Kalia in the Faranah region. The company has four reportable segments: Kalia segment represents the exploration activities undertaken at the Kalia Mine; Forécariah segment represents the 50:50 joint venture between Bellzone and China International Fund Ltd (CIF) to fully fund exploration and development of a mine and infrastructure; Sadeka segment represents exploration activities for nickel and copper in south-east Guinea; and Technical & Support Services represents funding, shared services, treasury and technical support delivered from Jersey, Singapore and the Conakry office in Guinea, it is also its revenue earning segment.