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Dundee Precious Metals (TSX:DPM) Days Inventory : 171.70 (As of Sep. 2024)


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What is Dundee Precious Metals Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dundee Precious Metals's Average Total Inventories for the three months ended in Sep. 2024 was C$171.6 Mil. Dundee Precious Metals's Cost of Goods Sold for the three months ended in Sep. 2024 was C$91.2 Mil. Hence, Dundee Precious Metals's Days Inventory for the three months ended in Sep. 2024 was 171.70.

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

TSX:DPM' s Days Inventory Range Over the Past 10 Years
Min: 38.1   Med: 47.72   Max: 86.14
Current: 86.14

During the past 13 years, Dundee Precious Metals's highest Days Inventory was 86.14. The lowest was 38.10. And the median was 47.72.

TSX:DPM's Days Inventory is ranked better than
50.08% of 649 companies
in the Metals & Mining industry
Industry Median: 86.21 vs TSX:DPM: 86.14

Dundee Precious Metals's Days Inventory increased from Sep. 2023 (66.08) to Sep. 2024 (171.70). It might indicate that Dundee Precious Metals'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. Dundee Precious Metals's Inventory Turnover for the three months ended in Sep. 2024 was 0.53.

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. Dundee Precious Metals's Inventory-to-Revenue for the three months ended in Sep. 2024 was 0.86.


Dundee Precious Metals Days Inventory Historical Data

The historical data trend for Dundee Precious 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.

Dundee Precious Metals Days Inventory Chart

Dundee Precious Metals 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 43.03 42.84 45.10 64.75 53.28

Dundee Precious 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 66.08 35.43 44.99 51.30 171.70

Competitive Comparison of Dundee Precious Metals's Days Inventory

For the Gold subindustry, Dundee Precious 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.


Dundee Precious Metals's Days Inventory Distribution in the Metals & Mining Industry

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

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



Dundee Precious Metals Days Inventory Calculation

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

Dundee Precious Metals'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
=( (62.237 + 51.64) / 2 ) / 390.09*365
=56.9385 / 390.09*365
=53.28

Dundee Precious 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
=( (49.575 + 293.551) / 2 ) / 91.179*365 / 4
=171.563 / 91.179*365 / 4
=171.70

* 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.


Dundee Precious Metals  (TSX:DPM) 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.

Dundee Precious 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.

Dundee Precious 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.


Dundee Precious Metals Days Inventory Related Terms

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


Dundee Precious Metals Business Description

Traded in Other Exchanges
Address
150 King Street West, Suite 902, P.O. Box 30, Toronto, ON, CAN, M5H 1J9
Dundee Precious Metals Inc is an international mining company engaged in the acquisition, exploration, development, mining, and processing of precious metals. The company's projects include Chelopech and Ada Tepe in Bulgaria.
Executives
Kelly Elizabeth Stark-anderson Senior Officer
Xuefeng Chen Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Dundee Precious Metals Inc. Issuer
David Rae Senior Officer
Nikolay Hristov Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Juanita Montalvo Director
Marie-anne Tawil Director
Zebra Karirondua Kasete Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Robert Peter Charles Gillin Director
Iliya Garkov Senior Officer
Navin Dyal Senior Officer
Anthony P. Walsh Director
Michael Ryan Dorfman Senior Officer
Jaimie Donovan Director
Jonathan Carter Goodman Director

Dundee Precious Metals Headlines