China Nonferrous Gold (STU:KRB) Days Inventory: 190.95 (As of Jun. 2023)


What is China Nonferrous Gold Days Inventory?

China Nonferrous Gold STU:KRB Days Inventory is 190.95 as of Jun. 2023.

Days Inventory is also known as Days Sales of Inventory (DSI). China Nonferrous Gold's Average Total Inventories for the six months ended in Jun. 2023 was €15.53 Mil. China Nonferrous Gold's Cost of Goods Sold for the six months ended in Jun. 2023 was €14.84 Mil. Hence, China Nonferrous Gold's Days Inventory for the six months ended in Jun. 2023 was 190.95.

The historical rank and industry rank for China Nonferrous Gold's Days Inventory or its related term are showing as below:

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

China Nonferrous Gold's Days Inventory declined from Jun. 2022 (207.68) to Jun. 2023 (190.95).

Inventory Turnover measures how fast the company turns over its inventory within a year. China Nonferrous Gold's Inventory Turnover for the six months ended in Jun. 2023 was 0.96.

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. China Nonferrous Gold's Inventory-to-Revenue for the six months ended in Jun. 2023 was 0.56.

China Nonferrous Gold  (STU:KRB) 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.

China Nonferrous Gold's Inventory Turnover for the six months ended in Jun. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=14.843 / 15.53
=0.96

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.

China Nonferrous Gold's Inventory to Revenue for the six months ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=15.53 / 27.849
=0.56

* 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.

China Nonferrous Gold Days Inventory Related Terms

China Nonferrous Gold Days Inventory Historical Data

* Premium members only.

The historical data trend for China Nonferrous Gold'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.

China Nonferrous Gold Days Inventory Chart

China Nonferrous Gold Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 354.84 187.79 177.69 157.30 150.06

China Nonferrous Gold Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 212.55 138.68 207.68 132.49 190.95

STU:KRB vs PGOL, RYES, JUPGF: Days Inventory Comparison

For the Gold subindustry, China Nonferrous Gold'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.

China Nonferrous Gold Days Inventory vs Metals & Mining Industry

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

* The bar in red indicates where China Nonferrous Gold's Days Inventory falls into.


China Nonferrous Gold Days Inventory Calculation

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

China Nonferrous Gold's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (15.341 + 15.773) / 2 ) / 37.841*365
=15.557 / 37.841*365
=150.06

China Nonferrous Gold's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (15.773 + 15.287) / 2 ) / 14.843*365 / 2
=15.53 / 14.843*365 / 2
=190.95

* 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 190.95 mean?
China Nonferrous Gold (STU:KRB) has a Days Inventory of 190.95 as of Jun. 2023. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on China Nonferrous Gold and its competitors.
Is China Nonferrous Gold's Days Inventory too high?
China Nonferrous Gold's current Days Inventory is 190.95. The Metals & Mining industry median Days Inventory is 85.57. China Nonferrous Gold's value of 190.95 is 123.2% above this industry median.
How does China Nonferrous Gold's Days Inventory compare to PGOL and RYES?
China Nonferrous Gold's Days Inventory of 190.95 can be compared against companies in the Metals & Mining industry. The industry median Days Inventory is 85.57. China Nonferrous Gold's value of 190.95 is 123.2% above 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 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. China Nonferrous Gold's current Days Inventory of 190.95 is 123.2% above 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 China Nonferrous Gold 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. China Nonferrous Gold's current Days Inventory is 190.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Nonferrous Gold stock overvalued right now?
China Nonferrous Gold (STU:KRB) has a current Days Inventory of 190.95. The current Days Inventory is 190.95 and 123.2% above the Metals & Mining industry median of 85.57. 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 China Nonferrous Gold (STU:KRB), the current Days Inventory is 190.95 as of Jun. 2023. 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.

China Nonferrous Gold Business Description

Address One Nexus Way, Camana Bay, Grand Cayman, CYM, KY1-9005
China Nonferrous Gold Ltd is a mineral exploration and development company. The company's geographical segment includes United Kingdom, China, and Tajikistan. It derives a majority of its revenue from Tajikistan. The company projects include the Pakrut Gold Project and Pakrut Licence Area.