BlackGold Natural Resources (SGX:41H) Days Inventory: 25.89 (As of Sep. 2022)

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What is BlackGold Natural Resources Days Inventory?

BlackGold Natural Resources SGX:41H Days Inventory is 25.89 as of Sep. 2022.

Days Inventory is also known as Days Sales of Inventory (DSI). BlackGold Natural Resources's Average Total Inventories for the three months ended in Sep. 2022 was S$1.64 Mil. BlackGold Natural Resources's Cost of Goods Sold for the three months ended in Sep. 2022 was S$5.77 Mil. Hence, BlackGold Natural Resources's Days Inventory for the three months ended in Sep. 2022 was 25.89.

The historical rank and industry rank for BlackGold Natural Resources's Days Inventory or its related term are showing as below:

SGX:41H's Days Inventory is not ranked *
in the Other Energy Sources industry.
Industry Median: 29.76
* Ranked among companies with meaningful Days Inventory only.

BlackGold Natural Resources's Days Inventory increased from Jun. 2021 (17.68) to Sep. 2022 (25.89). It might indicate that BlackGold Natural Resources's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. BlackGold Natural Resources's Inventory Turnover for the three months ended in Sep. 2022 was 3.52.

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. BlackGold Natural Resources's Inventory-to-Revenue for the three months ended in Sep. 2022 was 0.34.


BlackGold Natural Resources  (SGX:41H) 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.

BlackGold Natural Resources's Inventory Turnover for the three months ended in Sep. 2022 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.

BlackGold Natural Resources's Inventory to Revenue for the three months ended in Sep. 2022 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.


BlackGold Natural Resources Days Inventory Related Terms


BlackGold Natural Resources Days Inventory Historical Data

* Premium members only.

The historical data trend for BlackGold Natural Resources'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.

BlackGold Natural Resources Days Inventory Chart

BlackGold Natural Resources Annual Data
Trend Sep11 Sep12 Sep13 Sep14 Sep15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 47.07 107.18 147.05 47.66 20.38

BlackGold Natural Resources Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22
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 17.68 11.50 28.66 61.64 25.89

BlackGold Natural Resources Days Inventory Competitor Comparison

For the Thermal Coal subindustry, BlackGold Natural Resources'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.


BlackGold Natural Resources Days Inventory vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, BlackGold Natural Resources's Days Inventory distribution charts can be found below:

* The bar in red indicates where BlackGold Natural Resources's Days Inventory falls into.



BlackGold Natural Resources Days Inventory Calculation

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

BlackGold Natural Resources's Days Inventory for the fiscal year that ended in Dec. 2020 is calculated as

Days Inventory (A: Dec. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2019 ) + Total Inventories (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (0.551 + 0.68) / 2 ) / 11.023*365
=0.6155 / 11.023*365
=20.38

BlackGold Natural Resources's Days Inventory for the quarter that ended in Sep. 2022 is calculated as:

Days Inventory (Q: Sep. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2022 ) + Total Inventories (Q: Sep. 2022 )) / count ) / Cost of Goods Sold (Q: Sep. 2022 )*Days in Period
=( (2.544 + 0.73) / 2 ) / 5.77*365 / 4
=1.637 / 5.77*365 / 4
=25.89

* 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 25.89 mean?
BlackGold Natural Resources (SGX:41H) has a Days Inventory of 25.89 as of Sep. 2022. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on BlackGold Natural Resources and its competitors.
Is BlackGold Natural Resources' Days Inventory too high?
BlackGold Natural Resources' current Days Inventory is 25.89. The Other Energy Sources industry median Days Inventory is 29.76. BlackGold Natural Resources' value of 25.89 is 13% below this industry median.
How does BlackGold Natural Resources' Days Inventory compare to competitors?
BlackGold Natural Resources' Days Inventory of 25.89 can be compared against companies in the Other Energy Sources industry. The industry median Days Inventory is 29.76. BlackGold Natural Resources' value of 25.89 is 13% 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 an Other Energy Sources company?
The median Days Inventory among Other Energy Sources companies is 29.76, based on 120 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. BlackGold Natural Resources's current Days Inventory of 25.89 is 13% 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 BlackGold Natural Resources and its competitors. For the Other Energy Sources industry, the median Days Inventory is 29.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BlackGold Natural Resources's current Days Inventory is 25.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlackGold Natural Resources stock overvalued right now?
BlackGold Natural Resources (SGX:41H) has a current Days Inventory of 25.89. The current Days Inventory is 25.89 and 13% below the Other Energy Sources industry median of 29.76. 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 BlackGold Natural Resources (SGX:41H), the current Days Inventory is 25.89 as of Sep. 2022. 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.

BlackGold Natural Resources Business Description

Address 7 Temasek Boulevard, No. 08-07, Suntec Tower One, Singapore, SGP, 038987
BlackGold Natural Resources Ltd is an investment holding company. It operates in a single segment of exploration and mining of coal in Indonesia. The company supplies coal to power plants located in Riau province, Sumatra, Indonesia. It generates the majority of its revenue from Coal sales, followed by Provision for freight services.