Resurgere Mines & Minerals India (NSE:RMMIL) Days Inventory: 0.00 (As of Mar. 2018)


What is Resurgere Mines & Minerals India Days Inventory?

Resurgere Mines & Minerals India NSE:RMMIL Days Inventory is 0.00 as of Mar. 2018.

Days Inventory is also known as Days Sales of Inventory (DSI). Resurgere Mines & Minerals India's Average Total Inventories for the six months ended in Mar. 2018 was ₹277.93 Mil. Resurgere Mines & Minerals India's Cost of Goods Sold for the six months ended in Mar. 2018 was ₹0.00 Mil.

The historical rank and industry rank for Resurgere Mines & Minerals India's Days Inventory or its related term are showing as below:

NSE:RMMIL's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 85.57
* Ranked among companies with meaningful Days Inventory only.

Resurgere Mines & Minerals India's Days Inventory declined from Mar. 2016 (28,401.52) to Mar. 2018 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Resurgere Mines & Minerals India's Inventory Turnover for the six months ended in Mar. 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.

Resurgere Mines & Minerals India  (NSE:RMMIL) 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.

Resurgere Mines & Minerals India's Inventory Turnover for the six months ended in Mar. 2018 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0 / 277.926
=0.00

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.

Resurgere Mines & Minerals India's Inventory to Revenue for the six months ended in Mar. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=277.926 / 0
=

* 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.

Resurgere Mines & Minerals India Days Inventory Related Terms

Resurgere Mines & Minerals India Days Inventory Historical Data

* Premium members only.

The historical data trend for Resurgere Mines & Minerals India'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.

Resurgere Mines & Minerals India Days Inventory Chart

Resurgere Mines & Minerals India Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 36,128.32 55,244.45 28,401.52 0.00 0.00

Resurgere Mines & Minerals India Semi-Annual Data
Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 36,128.32 55,244.45 28,401.52 0.00 0.00

Resurgere Mines & Minerals India Days Inventory Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Resurgere Mines & Minerals India'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.

Resurgere Mines & Minerals India Days Inventory vs Metals & Mining Industry

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

* The bar in red indicates where Resurgere Mines & Minerals India's Days Inventory falls into.


Resurgere Mines & Minerals India Days Inventory Calculation

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

Resurgere Mines & Minerals India's Days Inventory for the fiscal year that ended in Mar. 2018 is calculated as

Days Inventory (A: Mar. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2017 ) + Total Inventories (A: Mar. 2018 )) / count ) / Cost of Goods Sold (A: Mar. 2018 )*Days in Period
=( (277.926 + 277.926) / 2 ) / 0*365
=277.926 / 0*365
=N/A

Resurgere Mines & Minerals India's Days Inventory for the quarter that ended in Mar. 2018 is calculated as:

Days Inventory (Q: Mar. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2017 ) + Total Inventories (Q: Mar. 2018 )) / count ) / Cost of Goods Sold (Q: Mar. 2018 )*Days in Period
=( (277.926 + 277.926) / 2 ) / 0*365 / 2
=277.926 / 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?
Resurgere Mines & Minerals India (NSE:RMMIL) has a Days Inventory of 0.00 as of Mar. 2018. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Resurgere Mines & Minerals India and its competitors.
Is Resurgere Mines & Minerals India's Days Inventory too high?
Resurgere Mines & Minerals India's current Days Inventory is 0.00.
How does Resurgere Mines & Minerals India's Days Inventory compare to competitors?
Resurgere Mines & Minerals India's Days Inventory of 0.00 can be compared against companies in the Metals & Mining industry. The industry median Days Inventory is 85.57. 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 85.57, based on 680 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 Resurgere Mines & Minerals India and its competitors. For the Metals & Mining industry, the median Days Inventory is 85.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Resurgere Mines & Minerals India'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 Resurgere Mines & Minerals India stock overvalued right now?
Resurgere Mines & Minerals India (NSE:RMMIL) 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 Resurgere Mines & Minerals India (NSE:RMMIL), the current Days Inventory is 0.00 as of Mar. 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.

Resurgere Mines & Minerals India Business Description

Address 15, Morvi House, 28/30, Goa Street, Ballard Estate, 1st Floor, Mumbai, MH, IND, 400038
Resurgere Mines & Minerals India Ltd is engaged in extraction, processing, and sale of iron ore, bauxite and soapstone products and exploration & development of mining assets. The company's products portfolio consists of Lump Ore, Size Ore, Calibrated Lump Ore, Iron Ore Fines, and Bauxite. It operates two mines contracts, Iron Ore mine situated at Satarda and Bauxite mine situated at Mahalmiriya. It owns two mines, Soapstone mine situated at Dhelana in the state of Rajasthan and Bauxite mine situated at Yelwan Jugai, Maharashtra. Majority of the revenue is derived from its only segment Mining & Trading of Minerals.