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Lucara Diamond (OSTO:LUC) Days Inventory : 104.55 (As of Sep. 2024)


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What is Lucara Diamond Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Lucara Diamond's Average Total Inventories for the three months ended in Sep. 2024 was kr390 Mil. Lucara Diamond's Cost of Goods Sold for the three months ended in Sep. 2024 was kr340 Mil. Hence, Lucara Diamond's Days Inventory for the three months ended in Sep. 2024 was 104.55.

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

OSTO:LUC' s Days Inventory Range Over the Past 10 Years
Min: 103.5   Med: 127.64   Max: 185.6
Current: 106.6

During the past 13 years, Lucara Diamond's highest Days Inventory was 185.60. The lowest was 103.50. And the median was 127.64.

OSTO:LUC's Days Inventory is ranked worse than
61.79% of 649 companies
in the Metals & Mining industry
Industry Median: 86.21 vs OSTO:LUC: 106.60

Lucara Diamond's Days Inventory increased from Sep. 2023 (103.18) to Sep. 2024 (104.55). It might indicate that Lucara Diamond's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lucara Diamond's Inventory Turnover for the three months ended in Sep. 2024 was 0.87.

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. Lucara Diamond's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.86.


Lucara Diamond Days Inventory Historical Data

The historical data trend for Lucara Diamond'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.

Lucara Diamond Days Inventory Chart

Lucara Diamond 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 136.91 194.51 117.12 100.06 114.47

Lucara Diamond 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 103.18 89.31 102.40 148.83 104.55

Competitive Comparison of Lucara Diamond's Days Inventory

For the Other Precious Metals & Mining subindustry, Lucara Diamond'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.


Lucara Diamond's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Lucara Diamond's Days Inventory falls into.



Lucara Diamond Days Inventory Calculation

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

Lucara Diamond'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
=( (398.225 + 354.236) / 2 ) / 1199.678*365
=376.2305 / 1199.678*365
=114.47

Lucara Diamond'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
=( (405.27 + 374.126) / 2 ) / 340.135*365 / 4
=389.698 / 340.135*365 / 4
=104.55

* 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.


Lucara Diamond  (OSTO:LUC) 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.

Lucara Diamond'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.

Lucara Diamond'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.


Lucara Diamond Days Inventory Related Terms

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


Lucara Diamond Business Description

Traded in Other Exchanges
Address
1250 Homer Street, 502, Vancouver, BC, CAN, V6B 2Y5
Lucara Diamond Corp is a diamond mining company engaged in the development and operations of diamond properties in Africa. Its business segment includes Karowe Mine, Corporate and other. The company earns the majority of its revenue from the Karowe Mine segment.

Lucara Diamond Headlines

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