NATUF (North American Tungsten) Days Inventory: 56.40 (As of Jun. 2015)

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What is North American Tungsten Days Inventory?

North American Tungsten NATUF -90.00% Days Inventory is 56.40 as of Jun. 2015.

Days Inventory is also known as Days Sales of Inventory (DSI). North American Tungsten's Average Total Inventories for the three months ended in Jun. 2015 was $10.02 Mil. North American Tungsten's Cost of Goods Sold for the three months ended in Jun. 2015 was $16.22 Mil. Hence, North American Tungsten's Days Inventory for the three months ended in Jun. 2015 was 56.40.

The historical rank and industry rank for North American Tungsten's Days Inventory or its related term are showing as below:

NATUF's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 86.445
* Ranked among companies with meaningful Days Inventory only.

North American Tungsten's Days Inventory increased from Jun. 2014 (48.15) to Jun. 2015 (56.40). It might indicate that North American Tungsten's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. North American Tungsten's Inventory Turnover for the three months ended in Jun. 2015 was 1.62.

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. North American Tungsten's Inventory-to-Revenue for the three months ended in Jun. 2015 was 0.83.


North American Tungsten  (OTCPK:NATUF) 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.

North American Tungsten's Inventory Turnover for the three months ended in Jun. 2015 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.

North American Tungsten's Inventory to Revenue for the three months ended in Jun. 2015 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.


North American Tungsten Days Inventory Related Terms


North American Tungsten Days Inventory Historical Data

* Premium members only.

The historical data trend for North American Tungsten'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.

North American Tungsten Days Inventory Chart

North American Tungsten Annual Data
Trend Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 112.93 28.71 27.42 33.26 50.59

North American Tungsten Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 48.15 60.29 81.85 66.57 56.40

North American Tungsten Days Inventory Competitor Comparison

For the Other Industrial Metals & Mining subindustry, North American Tungsten'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.


North American Tungsten Days Inventory vs Metals & Mining Industry

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

* The bar in red indicates where North American Tungsten's Days Inventory falls into.



North American Tungsten Days Inventory Calculation

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

North American Tungsten's Days Inventory for the fiscal year that ended in Sep. 2014 is calculated as

Days Inventory (A: Sep. 2014 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2013 ) + Total Inventories (A: Sep. 2014 )) / count ) / Cost of Goods Sold (A: Sep. 2014 )*Days in Period
=( (7.389 + 12.773) / 2 ) / 72.734*365
=10.081 / 72.734*365
=50.59

North American Tungsten's Days Inventory for the quarter that ended in Jun. 2015 is calculated as:

Days Inventory (Q: Jun. 2015 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2015 ) + Total Inventories (Q: Jun. 2015 )) / count ) / Cost of Goods Sold (Q: Jun. 2015 )*Days in Period
=( (11.581 + 8.463) / 2 ) / 16.215*365 / 4
=10.022 / 16.215*365 / 4
=56.40

* 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 56.40 mean?
North American Tungsten (NATUF) has a Days Inventory of 56.40 as of Jun. 2015. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on North American Tungsten and its competitors.
Is North American Tungsten's Days Inventory too high?
North American Tungsten's current Days Inventory is 56.40. The Metals & Mining industry median Days Inventory is 86.45. North American Tungsten's value of 56.40 is 34.8% below this industry median.
How does North American Tungsten's Days Inventory compare to competitors?
North American Tungsten's Days Inventory of 56.40 can be compared against companies in the Metals & Mining industry. The industry median Days Inventory is 86.45. North American Tungsten's value of 56.40 is 34.8% below this benchmark. 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 86.45, based on 686 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. North American Tungsten's current Days Inventory of 56.40 is 34.8% 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 North American Tungsten and its competitors. For the Metals & Mining industry, the median Days Inventory is 86.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. North American Tungsten's current Days Inventory is 56.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North American Tungsten stock overvalued right now?
North American Tungsten (NATUF) has a current Days Inventory of 56.40. The current Days Inventory is 56.40 and 34.8% below the Metals & Mining industry median of 86.45. 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 North American Tungsten (NATUF), the current Days Inventory is 56.40 as of Jun. 2015. 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.

North American Tungsten Business Description

Address 1188 West Georgia Street, Suite 1640, Vancouver, BC, CAN, V6E 4A2
North American Tungsten Corp Ltd is a Canadian based exploration and development company. It is engaged in the exploration, development, and operation of mineral properties. The company produces, processes, and sells tungsten concentrate. Its project portfolio includes Cantung mine site and Mactung deposit projects.