Denison Mines (TSX:DML) Days Inventory: 793.73 (As of Mar. 2026) — 749% Above Median


TSX:DML Denison Mines Corp TSX:DML
62 GF Score
Price C$4.41
GF Value C$2.66
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Denison Mines Days Inventory?

Denison Mines TSX:DML +0.46% 62 Days Inventory is 793.73 as of Mar. 2026, which is 749% above its 10-year median of 93.54. GuruFocus rates TSX:DML with a GF Score™ of 62/100 and a GF Value™ of C$2.66 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 120 Other Energy Sources companies, Denison Mines ranks worse than 97.5% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). Denison Mines's Average Total Inventories for the three months ended in Mar. 2026 was C$12.69 Mil. Denison Mines's Cost of Goods Sold for the three months ended in Mar. 2026 was C$1.46 Mil. Hence, Denison Mines's Days Inventory for the three months ended in Mar. 2026 was 793.73.

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

TSX:DML' s Days Inventory Range Over the Past 10 Years
Min: 82.01   Med: 93.54   Max: 2062.16
Current: 2062.16

During the past 13 years, Denison Mines's highest Days Inventory was 2062.16. The lowest was 82.01. And the median was 93.54.

TSX:DML's Days Inventory is ranked worse than
97.5% of 120 companies
in the Other Energy Sources industry
Industry Median: 29.44 vs TSX:DML: 2062.16

Denison Mines's Days Inventory increased from Mar. 2025 (0.00) to Mar. 2026 (793.73). It might indicate that Denison Mines's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Denison Mines's Inventory Turnover for the three months ended in Mar. 2026 was 0.11.

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. Denison Mines's Inventory-to-Revenue for the three months ended in Mar. 2026 was 11.47.


Denison Mines  (TSX:DML) 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.

Denison Mines's Inventory Turnover for the three months ended in Mar. 2026 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.

Denison Mines's Inventory to Revenue for the three months ended in Mar. 2026 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.


Denison Mines Days Inventory Related Terms


Denison Mines Days Inventory Historical Data

* Premium members only.

The historical data trend for Denison Mines'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.

Denison Mines Days Inventory Chart

Denison Mines Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 93.54 218.41 309.56 0.00 0.00

Denison Mines Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 0.00 793.73

TSX:DML vs UEC, LEU: Days Inventory Comparison

For the Uranium subindustry, Denison Mines'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.


Denison Mines Days Inventory vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Denison Mines's Days Inventory distribution charts can be found below:

* The bar in red indicates where Denison Mines's Days Inventory falls into.


TSX:DML
62GF Score
Denison Mines Corp TSX:DML
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Denison Mines Days Inventory Calculation

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

Denison Mines's Days Inventory for the fiscal year that ended in Dec. 2025 is calculated as

Days Inventory (A: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (3.746 + 12.267) / 2 ) / 0*365
=8.0065 / 0*365
=N/A

Denison Mines's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (12.267 + 13.115) / 2 ) / 1.459*365 / 4
=12.691 / 1.459*365 / 4
=793.73

* 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 793.73 mean?
Denison Mines (TSX:DML) has a Days Inventory of 793.73 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Denison Mines and its competitors. This is 749% above median its historical median of 93.54. Over the past decade, Denison Mines' Days Inventory has ranged from 82.01 to 2,062.16. According to the industry distribution chart, Denison Mines ranks #117 out of 120 companies in the Other Energy Sources industry, placing it in the top 97.5%.
Is Denison Mines' Days Inventory too high?
Denison Mines' current Days Inventory of 793.73 is 749% above median its 10-year median of 93.54. Over the past 10 years, this metric has ranged from a low of 82.01 to a high of 2,062.16. The Other Energy Sources industry median Days Inventory is 29.44. Denison Mines' value of 793.73 is 2596.1% above this industry median. Based on the distribution chart, Denison Mines ranks #117 out of 120 companies in the Other Energy Sources industry, which is in the bottom quartile relative to peers. Overall, Denison Mines has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Denison Mines' Days Inventory compare to UEC and LEU?
According to the Other Energy Sources industry distribution chart, Denison Mines ranks #117 out of 120 companies for Days Inventory. This places Denison Mines in the lower half of its industry. The industry median Days Inventory is 29.44. Denison Mines' value of 793.73 is 2596.1% above this benchmark. Historically, Denison Mines' own Days Inventory has ranged from 82.01 to 2,062.16 over the past decade. While the company's 10-year median is 93.54 vs. the industry median of 29.44, Denison Mines has consistently been above the industry average. 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 an Other Energy Sources company?
The median Days Inventory among Other Energy Sources companies is 29.44, based on 120 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. Denison Mines's current Days Inventory of 793.73 is 2596.1% 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 Denison Mines and its competitors. For the Other Energy Sources industry, the median Days Inventory is 29.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Denison Mines's current Days Inventory is 793.73, which is 749% above median its own 10-year median of 93.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Denison Mines stock overvalued right now?
Based on GuruFocus' analysis, Denison Mines (TSX:DML) is currently considered Significantly Overvalued. The stock's GF Value™ is C$2.66, compared to a current price of C$4.41 — trading 65.8% above its estimated fair value. The current Days Inventory is 793.73, which is 749% above median its 10-year median of 93.54 and 2596.1% above the Other Energy Sources industry median of 29.44. Denison Mines' overall GF Score™ is 62/100 with 8 warning signs to review. 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 Denison Mines (TSX:DML), the current Days Inventory is 793.73 as of Mar. 2026. 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.

Is Denison Mines (TSX:DML) Overvalued in 2026?

Based on GuruFocus' analysis, Denison Mines stock appears to be overvalued. The current stock price of C$4.41 is trading 65.8% above its estimated GF Value™ of C$2.66. GuruFocus considers Denison Mines to be Significantly Overvalued.

Key valuation signals for TSX:DML:

  • Days Inventory: 793.73 (749% above median its 10-year median of 93.54)
  • GF Value™: C$2.66 vs. price of C$4.41 (65.8% above fair value)
  • GF Score™: 62/100 with 8 warning signs
  • Industry Position: 2596.1% above the Other Energy Sources median (#117 of 120)

No single metric tells the full story. See the TSX:DML stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Denison Mines Business Description

Other Exchanges DNN:USA0URY:UKIUQ:Germany
Address 40 University Avenue, Suite 1100, Toronto, ON, CAN, M5J 1T1
Denison Mines Corp is engaged in uranium mining-related activities, including the acquisition, exploration, development, and mining of uranium-bearing properties, as well as the processing, sale, and investment in uranium. The company's key properties include Wheeler River, Waterbury Lake, McClean Lake, Midwest, and others. It operates through two segments: the Mining segment and the Corporate and Other segment. The majority of the company's revenue is generated from the Mining segment, which includes activities related to exploration, evaluation, and development, mining, milling (including toll milling), and the sale of mineral concentrates.
62GF Score

Get the complete analysis for TSX:DML

Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$4.41
Price
C$2.66
GF Value