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Excelsior Mining (STU:3XS) Days Inventory : 80.58 (As of Mar. 2024)


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What is Excelsior Mining Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Excelsior Mining's Average Total Inventories for the three months ended in Mar. 2024 was €1.33 Mil. Excelsior Mining's Cost of Goods Sold for the three months ended in Mar. 2024 was €1.50 Mil. Hence, Excelsior Mining's Days Inventory for the three months ended in Mar. 2024 was 80.58.

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

STU:3XS' s Days Inventory Range Over the Past 10 Years
Min: 36.27   Med: 181.38   Max: 496.85
Current: 67.03

During the past 13 years, Excelsior Mining's highest Days Inventory was 496.85. The lowest was 36.27. And the median was 181.38.

STU:3XS's Days Inventory is ranked better than
63.05% of 663 companies
in the Metals & Mining industry
Industry Median: 88.02 vs STU:3XS: 67.03

Excelsior Mining's Days Inventory increased from Mar. 2023 (56.01) to Mar. 2024 (80.58). It might indicate that Excelsior Mining's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Excelsior Mining's Inventory Turnover for the three months ended in Mar. 2024 was 1.13.

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. Excelsior Mining's Inventory-to-Revenue for the three months ended in Mar. 2024 was 4.25.


Excelsior Mining Days Inventory Historical Data

The historical data trend for Excelsior Mining'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.

Excelsior Mining Days Inventory Chart

Excelsior Mining 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 293.13 510.85 35.38 57.48 66.94

Excelsior Mining Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 56.01 56.11 65.41 63.69 80.58

Competitive Comparison of Excelsior Mining's Days Inventory

For the Copper subindustry, Excelsior Mining'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.


Excelsior Mining's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Excelsior Mining's Days Inventory falls into.



Excelsior Mining Days Inventory Calculation

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

Excelsior Mining'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
=( (1.644 + 1.23) / 2 ) / 7.836*365
=1.437 / 7.836*365
=66.94

Excelsior Mining's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (1.23 + 1.421) / 2 ) / 1.501*365 / 4
=1.3255 / 1.501*365 / 4
=80.58

* 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.


Excelsior Mining  (STU:3XS) 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.

Excelsior Mining's Inventory Turnover for the three months ended in Mar. 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.

Excelsior Mining's Inventory to Revenue for the three months ended in Mar. 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.


Excelsior Mining Days Inventory Related Terms

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


Excelsior Mining (STU:3XS) Business Description

Traded in Other Exchanges
Address
2999 North 44th Street, Suite 300, Concord Place, Phoenix, AZ, USA, 85018
Excelsior Mining Corp is a Canada-based company which is engaged in exploration and development of copper. The firm's primary project is Gunnison Project and it operates through segments acquisition, exploration, and evaluation of mineral properties in North America. The Company's revenue majorly consists of the sales of copper cathode. It operates in one reportable operating segment in North America. The Company's property, plant and equipment is all in the United States.

Excelsior Mining (STU:3XS) Headlines

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