GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Titan Mining Corp (OTCPK:TIMCF) » Definitions » Days Inventory

TIMCF (Titan Mining) Days Inventory : 57.13 (As of Mar. 2025)


View and export this data going back to 2018. Start your Free Trial

What is Titan Mining Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Titan Mining's Average Total Inventories for the three months ended in Mar. 2025 was $8.52 Mil. Titan Mining's Cost of Goods Sold for the three months ended in Mar. 2025 was $13.60 Mil. Hence, Titan Mining's Days Inventory for the three months ended in Mar. 2025 was 57.13.

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

TIMCF' s Days Inventory Range Over the Past 10 Years
Min: 23.27   Med: 35.32   Max: 6219.04
Current: 58.74

During the past 11 years, Titan Mining's highest Days Inventory was 6219.04. The lowest was 23.27. And the median was 35.32.

TIMCF's Days Inventory is ranked better than
68.31% of 650 companies
in the Metals & Mining industry
Industry Median: 86.27 vs TIMCF: 58.74

Titan Mining's Days Inventory increased from Mar. 2024 (50.88) to Mar. 2025 (57.13). It might indicate that Titan Mining's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Titan Mining's Inventory Turnover for the three months ended in Mar. 2025 was 1.60.

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. Titan Mining's Inventory-to-Revenue for the three months ended in Mar. 2025 was 0.53.


Titan Mining Days Inventory Historical Data

The historical data trend for Titan 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.

Titan Mining Days Inventory Chart

Titan Mining Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.03 27.64 36.07 43.24 54.64

Titan Mining Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 50.88 58.23 72.10 53.97 57.13

Competitive Comparison of Titan Mining's Days Inventory

For the Other Industrial Metals & Mining subindustry, Titan 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.


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

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

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


;
;

Titan Mining Days Inventory Calculation

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

Titan Mining's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (7.208 + 8.243) / 2 ) / 51.61*365
=7.7255 / 51.61*365
=54.64

Titan Mining's Days Inventory for the quarter that ended in Mar. 2025 is calculated as:

Days Inventory (Q: Mar. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2024 ) + Total Inventories (Q: Mar. 2025 )) / count ) / Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=( (8.243 + 8.789) / 2 ) / 13.603*365 / 4
=8.516 / 13.603*365 / 4
=57.13

* 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.


Titan Mining  (OTCPK:TIMCF) 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.

Titan Mining's Inventory Turnover for the three months ended in Mar. 2025 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.

Titan Mining's Inventory to Revenue for the three months ended in Mar. 2025 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.


Titan Mining Days Inventory Related Terms

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


Titan Mining Business Description

Traded in Other Exchanges
Address
999 Canada Place, Suite 555, Vancouver, BC, CAN, V6C 3E1
Titan Mining Corp is a Canadian natural resources company. It is engaged in the acquisition, exploration, and development of mineral properties. The company owns an interest in the Empire State Mine in Northern New York State, United States. The Company operates one reportable segment, mineral production and exploration in the United States.