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Hudbay Minerals (STU:OCKA) Days Inventory : 51.20 (As of Sep. 2024)


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What is Hudbay Minerals Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Hudbay Minerals's Average Total Inventories for the three months ended in Sep. 2024 was €175 Mil. Hudbay Minerals's Cost of Goods Sold for the three months ended in Sep. 2024 was €312 Mil. Hence, Hudbay Minerals's Days Inventory for the three months ended in Sep. 2024 was 51.20.

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

STU:OCKA' s Days Inventory Range Over the Past 10 Years
Min: 40.16   Med: 47.22   Max: 51.24
Current: 51.05

During the past 13 years, Hudbay Minerals's highest Days Inventory was 51.24. The lowest was 40.16. And the median was 47.22.

STU:OCKA's Days Inventory is ranked better than
73.04% of 649 companies
in the Metals & Mining industry
Industry Median: 86.21 vs STU:OCKA: 51.05

Hudbay Minerals's Days Inventory declined from Sep. 2023 (55.51) to Sep. 2024 (51.20).

Inventory Turnover measures how fast the company turns over its inventory within a year. Hudbay Minerals's Inventory Turnover for the three months ended in Sep. 2024 was 1.78.

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. Hudbay Minerals's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.40.


Hudbay Minerals Days Inventory Historical Data

The historical data trend for Hudbay 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.

* Premium members only.

Hudbay Minerals Days Inventory Chart

Hudbay Minerals 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 42.78 51.12 38.79 46.77 51.61

Hudbay Minerals 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 55.51 50.69 49.98 50.61 51.20

Competitive Comparison of Hudbay Minerals's Days Inventory

For the Copper subindustry, Hudbay 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.


Hudbay Minerals's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Hudbay Minerals's Days Inventory falls into.



Hudbay Minerals Days Inventory Calculation

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

Hudbay Minerals'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
=( (146.331 + 190.125) / 2 ) / 1189.78*365
=168.228 / 1189.78*365
=51.61

Hudbay Minerals'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
=( (172.672 + 177.175) / 2 ) / 311.734*365 / 4
=174.9235 / 311.734*365 / 4
=51.20

* 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.


Hudbay Minerals  (STU:OCKA) 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.

Hudbay Minerals'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.

Hudbay Minerals'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.


Hudbay Minerals Days Inventory Related Terms

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


Hudbay Minerals Business Description

Traded in Other Exchanges
Address
25 York Street, Suite 800, Toronto, ON, CAN, M5J 2V5
Hudbay Minerals Inc is a Canadian mining company with its operations, property developments, and exploration activities across the United States. The major mines that Hudbay operates are located in Manitoba, Canada, Arizona, United States; and Peru. The company is principally focused on the discovery, production, and marketing of base and precious metals. Hudbay produces copper concentrate, which contains copper, gold, and silver, as well as zinc metal. More than half the company's revenue is attributable to the copper business. The company sells copper concentrates to smelters across Asia, America, and Europe, and sells Zinc metal, the next biggest source of revenue, to industrial customers across North America.

Hudbay Minerals Headlines

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