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MMTMF (Monument Mining) Days Inventory : 145.81 (As of Sep. 2024)


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What is Monument Mining Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Monument Mining's Average Total Inventories for the three months ended in Sep. 2024 was $12.40 Mil. Monument Mining's Cost of Goods Sold for the three months ended in Sep. 2024 was $7.76 Mil. Hence, Monument Mining's Days Inventory for the three months ended in Sep. 2024 was 145.81.

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

MMTMF' s Days Inventory Range Over the Past 10 Years
Min: 155.38   Med: 354.27   Max: 579.12
Current: 171.49

During the past 13 years, Monument Mining's highest Days Inventory was 579.12. The lowest was 155.38. And the median was 354.27.

MMTMF's Days Inventory is ranked worse than
80.12% of 649 companies
in the Metals & Mining industry
Industry Median: 86.21 vs MMTMF: 171.49

Monument Mining's Days Inventory declined from Sep. 2023 (295.48) to Sep. 2024 (145.81).

Inventory Turnover measures how fast the company turns over its inventory within a year. Monument Mining's Inventory Turnover for the three months ended in Sep. 2024 was 0.63.

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. Monument Mining's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.64.


Monument Mining Days Inventory Historical Data

The historical data trend for Monument 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.

* Premium members only.

Monument Mining Days Inventory Chart

Monument Mining Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 367.52 339.13 360.28 393.58 157.52

Monument Mining Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 295.48 237.70 188.47 141.48 145.81

Competitive Comparison of Monument Mining's Days Inventory

For the Gold subindustry, Monument 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.


Monument Mining's Days Inventory Distribution in the Metals & Mining Industry

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

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



Monument Mining Days Inventory Calculation

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

Monument Mining's Days Inventory for the fiscal year that ended in Jun. 2024 is calculated as

Days Inventory (A: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2023 ) + Total Inventories (A: Jun. 2024 )) / count ) / Cost of Goods Sold (A: Jun. 2024 )*Days in Period
=( (10.197 + 12.757) / 2 ) / 26.594*365
=11.477 / 26.594*365
=157.52

Monument Mining's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (12.757 + 12.043) / 2 ) / 7.76*365 / 4
=12.4 / 7.76*365 / 4
=145.81

* 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.


Monument Mining  (OTCPK:MMTMF) 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.

Monument Mining's Inventory Turnover for the three months ended in Sep. 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.

Monument Mining's Inventory to Revenue for the three months ended in Sep. 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.


Monument Mining Days Inventory Related Terms

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


Monument Mining Business Description

Traded in Other Exchanges
Address
1100 Melville Street, Suite 1580, Vancouver, BC, CAN, V6E 4A6
Monument Mining Ltd is a gold exploration company engaged in gold production and mining asset developer that owns and operates the Selinsing gold mine in Malaysia. The Selinsing gold portfolio comprises of Selinsing, Buffalo Reef, Felda Land and Famehub properties in Pahang State, Malaysia and the Murchison Gold Projects comprising Burnakura, Gabanintha and Tuckanarra properties in Western Australia.

Monument Mining Headlines

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