Northam Platinum (Northam Platinum) Days Inventory : 88.59 (As of Jun. 2021)

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What is Northam Platinum Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Northam Platinum's Average Total Inventories for the six months ended in Jun. 2021 was $342.84 Mil. Northam Platinum's Cost of Goods Sold for the six months ended in Jun. 2021 was $706.27 Mil. Hence, Northam Platinum's Days Inventory for the six months ended in Jun. 2021 was 88.59.

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

NMPNY' s Days Inventory Range Over the Past 10 Years
Min: 67.61 Med: 85.1 Max: 158.36
Current: 100.09

During the past 13 years, Northam Platinum's highest Days Inventory was 158.36. The lowest was 67.61. And the median was 85.10.

NMPNY's Days Inventory is not ranked
in the Metals & Mining industry.
Industry Median: 88.535 vs NMPNY: 100.09

Northam Platinum's Days Inventory declined from Jun. 2020 (117.71) to Jun. 2021 (88.59).

Inventory Turnover measures how fast the company turns over its inventory within a year. Northam Platinum's Inventory Turnover for the six months ended in Jun. 2021 was 2.06.

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. Northam Platinum's Inventory-to-Revenue for the six months ended in Jun. 2021 was 0.23.

Northam Platinum Days Inventory Historical Data

The historical data trend for Northam Platinum'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.

Northam Platinum Days Inventory Chart

Northam Platinum Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Days Inventory

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83.75

140.29

165.52

119.10

90.42

Northam Platinum Semi-Annual Data
	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21
Days Inventory	Get a 7-Day Free Trial															154.68	166.14	117.71	108.43	88.59

Competitive Comparison of Northam Platinum's Days Inventory

For the Other Precious Metals & Mining subindustry, Northam Platinum'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.

Northam Platinum's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Northam Platinum's Days Inventory falls into.

Northam Platinum Days Inventory Calculation

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

Northam Platinum's Days Inventory for the fiscal year that ended in Jun. 2021 is calculated as

	Days Inventory (A: Jun. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2020 )	+	Total Inventories (A: Jun. 2021 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2021 )	*	Days in Period
=	( (218.529	+	369.766)	/	2 )	/	1187.343	*	365
=	294.1475					/	1187.343	*	365
=	90.42

Northam Platinum's Days Inventory for the quarter that ended in Jun. 2021 is calculated as:

	Days Inventory (Q: Jun. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2020 )	+	Total Inventories (Q: Jun. 2021 ))	/	count )	/	Cost of Goods Sold (Q: Jun. 2021 )	*	Days in Period
=	( (315.914	+	369.766)	/	2 )	/	706.269	*	365 / 2
=	342.84					/	706.269	*	365 / 2
=	88.59

Northam Platinum (OTCPK:NMPNY) 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.

Northam Platinum's Inventory Turnover for the six months ended in Jun. 2021 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	706.269	/	342.84
	=	2.06

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.

Northam Platinum's Inventory to Revenue for the six months ended in Jun. 2021 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	342.84	/	1490.827
	=	0.23

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.

Northam Platinum Days Inventory Related Terms

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

Northam Platinum (Northam Platinum) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Northam Platinum Ltd (OTCPK:NMPNY) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Magwa Crescent West, Building 4, 1st Floor, Maxwell Office Park, Waterfall City, Jukskei View, Johannesburg, GT, ZAF, 2090

Website

https://www.northam.co.za

Northam Platinum Ltd is a producer of platinum group metals, which include platinum, palladium, and rhodium. Northam conducts operations across two main locations in South Africa, Zondereinde and Booysendal, where the mining, concentrating, smelting, and base metals recovery processes occur. The company then outsources its production for refining. The primary consumers of platinum, palladium, and rhodium are from the motor-manufacturing and jewellery industries. Northam sells metals in sponge or ingot form domestically and to overseas markets across Asia, Europe, and North America.

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