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Victor Mining Industry Group (Victor Mining Industry Group) Days Inventory : 141.86 (As of Sep. 2006)


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What is Victor Mining Industry Group Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Victor Mining Industry Group's Average Total Inventories for the three months ended in Sep. 2006 was $0.28 Mil. Victor Mining Industry Group's Cost of Goods Sold for the three months ended in Sep. 2006 was $0.18 Mil. Hence, Victor Mining Industry Group's Days Inventory for the three months ended in Sep. 2006 was 141.86.

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

VMTG's Days Inventory is not ranked *
in the Business Services industry.
Industry Median: 28.18
* Ranked among companies with meaningful Days Inventory only.

Victor Mining Industry Group's Days Inventory increased from Sep. 2005 (127.56) to Sep. 2006 (141.86). It might indicate that Victor Mining Industry Group's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Victor Mining Industry Group's Inventory Turnover for the three months ended in Sep. 2006 was 0.64.

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. Victor Mining Industry Group's Inventory-to-Revenue for the three months ended in Sep. 2006 was 0.99.


Victor Mining Industry Group Days Inventory Historical Data

The historical data trend for Victor Mining Industry Group'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.

Victor Mining Industry Group Days Inventory Chart

Victor Mining Industry Group Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05
Days Inventory
Get a 7-Day Free Trial - - - 138.69 108.50

Victor Mining Industry Group Quarterly Data
Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06
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 127.56 84.69 76.18 165.61 141.86

Competitive Comparison of Victor Mining Industry Group's Days Inventory

For the Specialty Business Services subindustry, Victor Mining Industry Group'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.


Victor Mining Industry Group's Days Inventory Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Victor Mining Industry Group's Days Inventory distribution charts can be found below:

* The bar in red indicates where Victor Mining Industry Group's Days Inventory falls into.



Victor Mining Industry Group Days Inventory Calculation

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

Victor Mining Industry Group's Days Inventory for the fiscal year that ended in Dec. 2005 is calculated as

Days Inventory (A: Dec. 2005 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2004 ) + Total Inventories (A: Dec. 2005 )) / count ) / Cost of Goods Sold (A: Dec. 2005 )*Days in Period
=( (0.22 + 0.302) / 2 ) / 0.878*365
=0.261 / 0.878*365
=108.50

Victor Mining Industry Group's Days Inventory for the quarter that ended in Sep. 2006 is calculated as:

Days Inventory (Q: Sep. 2006 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2006 ) + Total Inventories (Q: Sep. 2006 )) / count ) / Cost of Goods Sold (Q: Sep. 2006 )*Days in Period
=( (0.305 + 0.264) / 2 ) / 0.183*365 / 4
=0.2845 / 0.183*365 / 4
=141.86

* 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.


Victor Mining Industry Group  (OTCPK:VMTG) 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.

Victor Mining Industry Group's Inventory Turnover for the three months ended in Sep. 2006 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.

Victor Mining Industry Group's Inventory to Revenue for the three months ended in Sep. 2006 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.


Victor Mining Industry Group Days Inventory Related Terms

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


Victor Mining Industry Group (Victor Mining Industry Group) Business Description

Traded in Other Exchanges
N/A
Address
69 Waterfall Blvd, The Ponds, Sydney, NSW, AUS
Victor Mining Industry Group Inc is a shell company.
Executives
Hanlin Chen director

Victor Mining Industry Group (Victor Mining Industry Group) Headlines

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