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Kenmare Resources (LSE:KMR) Days Inventory : 145.74 (As of Jun. 2024)


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What is Kenmare Resources Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kenmare Resources's Average Total Inventories for the six months ended in Jun. 2024 was £83.9 Mil. Kenmare Resources's Cost of Goods Sold for the six months ended in Jun. 2024 was £105.0 Mil. Hence, Kenmare Resources's Days Inventory for the six months ended in Jun. 2024 was 145.74.

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

LSE:KMR' s Days Inventory Range Over the Past 10 Years
Min: 76.22   Med: 111.29   Max: 128.49
Current: 128.49

During the past 13 years, Kenmare Resources's highest Days Inventory was 128.49. The lowest was 76.22. And the median was 111.29.

LSE:KMR's Days Inventory is ranked worse than
71.34% of 649 companies
in the Metals & Mining industry
Industry Median: 86.21 vs LSE:KMR: 128.49

Kenmare Resources's Days Inventory increased from Jun. 2023 (93.23) to Jun. 2024 (145.74). It might indicate that Kenmare Resources's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kenmare Resources's Inventory Turnover for the six months ended in Jun. 2024 was 1.25.

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. Kenmare Resources's Inventory-to-Revenue for the six months ended in Jun. 2024 was 0.65.


Kenmare Resources Days Inventory Historical Data

The historical data trend for Kenmare Resources'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.

Kenmare Resources Days Inventory Chart

Kenmare Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 110.08 119.05 76.22 89.95 115.55

Kenmare Resources Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 113.82 96.54 93.23 114.48 145.74

Competitive Comparison of Kenmare Resources's Days Inventory

For the Other Industrial Metals & Mining subindustry, Kenmare Resources'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.


Kenmare Resources's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Kenmare Resources's Days Inventory falls into.



Kenmare Resources Days Inventory Calculation

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

Kenmare Resources's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (69.104 + 78.413) / 2 ) / 232.992*365
=73.7585 / 232.992*365
=115.55

Kenmare Resources's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (78.413 + 89.298) / 2 ) / 105.008*365 / 2
=83.8555 / 105.008*365 / 2
=145.74

* 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.


Kenmare Resources  (LSE:KMR) 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.

Kenmare Resources's Inventory Turnover for the six months ended in Jun. 2024 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.

Kenmare Resources's Inventory to Revenue for the six months ended in Jun. 2024 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.


Kenmare Resources Days Inventory Related Terms

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


Kenmare Resources Business Description

Traded in Other Exchanges
Address
Hatch Street Upper, 4th Floor, Styne House, Dublin 2, IRL, D02 DY27
Kenmare Resources PLC is a mining company. The company operates the Moma Titanium Minerals Mine located on the northern coast of Mozambique. Its product types are ilmenite, zircon, rutile, and concentrates. Concentrates include secondary zircon and mineral sands concentrates. The sale of ilmenite accounts for the majority of its revenue. Its geographical segments are China, Italy, the United States, and the Rest of the world. The company derives a majority of its revenue from China.

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