RYMM (Royal Mines & Minerals) Days Inventory: 0.00 (As of Jul. 2017)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Royal Mines & Minerals Days Inventory?

Royal Mines & Minerals RYMM -99.50% Days Inventory is 0.00 as of Jul. 2017.

Days Inventory is also known as Days Sales of Inventory (DSI). Royal Mines & Minerals's Average Total Inventories for the three months ended in Jul. 2017 was $0.00 Mil. Royal Mines & Minerals's Cost of Goods Sold for the three months ended in Jul. 2017 was $0.00 Mil.

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

RYMM's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 86.48
* Ranked among companies with meaningful Days Inventory only.

Royal Mines & Minerals's Days Inventory stayed the same from Jul. 2016 (0.00) to Jul. 2017 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

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.


Royal Mines & Minerals  (OTCPK:RYMM) 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.

Royal Mines & Minerals's Inventory Turnover for the three months ended in Jul. 2017 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.

Royal Mines & Minerals's Inventory to Revenue for the three months ended in Jul. 2017 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.


Royal Mines & Minerals Days Inventory Related Terms


Royal Mines & Minerals Days Inventory Historical Data

* Premium members only.

The historical data trend for Royal Mines & Minerals'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.

Royal Mines & Minerals Days Inventory Chart

Royal Mines & Minerals Annual Data
Trend Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Royal Mines & Minerals Quarterly Data
Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17
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 0.00 0.00 0.00 0.00 0.00

Royal Mines & Minerals Days Inventory Competitor Comparison

For the Other Precious Metals & Mining subindustry, Royal Mines & Minerals'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.


Royal Mines & Minerals Days Inventory vs Metals & Mining Industry

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

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



Royal Mines & Minerals Days Inventory Calculation

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

Royal Mines & Minerals's Days Inventory for the fiscal year that ended in Apr. 2017 is calculated as

Days Inventory (A: Apr. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Apr. 2016 ) + Total Inventories (A: Apr. 2017 )) / count ) / Cost of Goods Sold (A: Apr. 2017 )*Days in Period
=( (0 + 0) / 1 ) / 0.044*365
=0 / 0.044*365
=0.00

Royal Mines & Minerals's Days Inventory for the quarter that ended in Jul. 2017 is calculated as:

Days Inventory (Q: Jul. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Apr. 2017 ) + Total Inventories (Q: Jul. 2017 )) / count ) / Cost of Goods Sold (Q: Jul. 2017 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 4
=0 / 0*365 / 4
=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?
Royal Mines & Minerals (RYMM) has a Days Inventory of 0.00 as of Jul. 2017. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Royal Mines & Minerals and its competitors.
Is Royal Mines & Minerals' Days Inventory too high?
Royal Mines & Minerals' current Days Inventory is 0.00.
How does Royal Mines & Minerals' Days Inventory compare to competitors?
Royal Mines & Minerals' Days Inventory of 0.00 can be compared against companies in the Metals & Mining industry. The industry median Days Inventory is 86.48. 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 86.48, based on 687 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 Royal Mines & Minerals and its competitors. For the Metals & Mining industry, the median Days Inventory is 86.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Royal Mines & Minerals'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 Royal Mines & Minerals stock overvalued right now?
Royal Mines & Minerals (RYMM) 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 Royal Mines & Minerals (RYMM), the current Days Inventory is 0.00 as of Jul. 2017. 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.

Royal Mines & Minerals Business Description

Address 1080 Wigwam Parkway, Henderson, NV, USA, 89072
Royal Mines & Minerals Corp is involved in the business of the development of mining technologies for the extraction of precious metals. Its main objectives are to extract and refine precious metals from coal ash, ores, and other leachable assets, use its proprietary processes to create assets and joint venture, acquire and develop mining projects in North America.