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Trigon Metals (STU:TZU) Days Inventory : 11.72 (As of Sep. 2024)


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What is Trigon Metals Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Trigon Metals's Average Total Inventories for the three months ended in Sep. 2024 was €1.08 Mil. Trigon Metals's Cost of Goods Sold for the three months ended in Sep. 2024 was €8.44 Mil. Hence, Trigon Metals's Days Inventory for the three months ended in Sep. 2024 was 11.72.

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

STU:TZU' s Days Inventory Range Over the Past 10 Years
Min: 11.44   Med: 33.2   Max: 33.2
Current: 11.44

During the past 13 years, Trigon Metals's highest Days Inventory was 33.20. The lowest was 11.44. And the median was 33.20.

STU:TZU's Days Inventory is ranked better than
95.85% of 650 companies
in the Metals & Mining industry
Industry Median: 86.4 vs STU:TZU: 11.44

Trigon Metals's Days Inventory increased from Sep. 2023 (0.00) to Sep. 2024 (11.72). It might indicate that Trigon Metals's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Trigon Metals's Inventory Turnover for the three months ended in Sep. 2024 was 7.79.

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. Trigon Metals's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.17.


Trigon Metals Days Inventory Historical Data

The historical data trend for Trigon Metals'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.

Trigon Metals Days Inventory Chart

Trigon Metals Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 33.22

Trigon Metals 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 - 9.37 14.09 9.98 11.72

Competitive Comparison of Trigon Metals's Days Inventory

For the Copper subindustry, Trigon Metals'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.


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

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

* The bar in red indicates where Trigon Metals's Days Inventory falls into.



Trigon Metals Days Inventory Calculation

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

Trigon Metals's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (0 + 0.899) / 1 ) / 9.877*365
=0.899 / 9.877*365
=33.22

Trigon Metals'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
=( (0.745 + 1.422) / 2 ) / 8.438*365 / 4
=1.0835 / 8.438*365 / 4
=11.72

* 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.


Trigon Metals  (STU:TZU) 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.

Trigon Metals'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.

Trigon Metals'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.


Trigon Metals Days Inventory Related Terms

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


Trigon Metals Business Description

Traded in Other Exchanges
Address
130 Queens Quay East, Suite 1224, Toronto, ON, CAN, M5A 0P6
Trigon Metals Inc is an emerging copper and silver producer in the African continent. Trigon operates through the development of its Namibian mining and exploration permits. The company's projects include Kombat Mine and Gross Otavi in Namibia and the newly Silver Hill copper-silver exploration project in Morocco.

Trigon Metals Headlines

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