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Wesizwe Platinum (Wesizwe Platinum) Days Inventory : 12,747.64 (As of Dec. 2023)


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What is Wesizwe Platinum Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Wesizwe Platinum's Average Total Inventories for the six months ended in Dec. 2023 was $76.42 Mil. Wesizwe Platinum's Cost of Goods Sold for the six months ended in Dec. 2023 was $1.09 Mil. Hence, Wesizwe Platinum's Days Inventory for the six months ended in Dec. 2023 was 12,747.64.

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

WSZWF' s Days Inventory Range Over the Past 10 Years
Min: 612.74   Med: 11550.17   Max: 15667.35
Current: 12021.85

During the past 13 years, Wesizwe Platinum's highest Days Inventory was 15667.35. The lowest was 612.74. And the median was 11550.17.

WSZWF's Days Inventory is ranked worse than
99.1% of 663 companies
in the Metals & Mining industry
Industry Median: 88.02 vs WSZWF: 12021.85

Wesizwe Platinum's Days Inventory increased from Dec. 2022 (12,189.62) to Dec. 2023 (12,747.64). It might indicate that Wesizwe Platinum's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Wesizwe Platinum's Inventory Turnover for the six months ended in Dec. 2023 was 0.01.

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.


Wesizwe Platinum Days Inventory Historical Data

The historical data trend for Wesizwe Platinum'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.

Wesizwe Platinum Days Inventory Chart

Wesizwe Platinum 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 2,844.59 11,618.03 16,083.96 13,315.78 11,966.85

Wesizwe Platinum Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - 15,319.27 12,189.62 12,133.93 12,747.64

Competitive Comparison of Wesizwe Platinum's Days Inventory

For the Other Industrial Metals & Mining subindustry, Wesizwe Platinum'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.


Wesizwe Platinum's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Wesizwe Platinum's Days Inventory falls into.



Wesizwe Platinum Days Inventory Calculation

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

Wesizwe Platinum'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
=( (64.878 + 76.757) / 2 ) / 2.16*365
=70.8175 / 2.16*365
=11,966.85

Wesizwe Platinum's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

Days Inventory (Q: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (76.075 + 76.757) / 2 ) / 1.094*365 / 2
=76.416 / 1.094*365 / 2
=12,747.64

* 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.


Wesizwe Platinum  (OTCPK:WSZWF) 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.

Wesizwe Platinum's Inventory Turnover for the six months ended in Dec. 2023 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.

Wesizwe Platinum's Inventory to Revenue for the six months ended in Dec. 2023 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.


Wesizwe Platinum Days Inventory Related Terms

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


Wesizwe Platinum (Wesizwe Platinum) Business Description

Traded in Other Exchanges
Address
9 Autumn Road, Wesizwe House, Devcon Park, Rivonia Extension 3, Johannesburg, ZAF, 2128
Wesizwe Platinum Ltd is an African company. It's engaged in mining exploration and infrastructure development. The primary focus of the company is the exploration of Platinum group metals and strategic metals from its Bakubung platinum mine project located in Africa. The company does not generate cash flows from operations to fund its activities and therefore relies upon the issuance of securities for financing. The company has not determined yet whether its properties contain mineral reserves that are economically recoverable.

Wesizwe Platinum (Wesizwe Platinum) Headlines

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