Days Inventory is also known as Days Sales of Inventory (DSI). Coeur Mining's Average Total Inventories for the
three
months ended in Dec. 2023 was $168.5 Mil. Coeur Mining's Cost of Goods Sold for the
three
months ended in Dec. 2023 was $226.9 Mil.
Hence, Coeur Mining's Days Inventory for the
three
months ended in Dec. 2023 was 67.77.
The historical rank and industry rank for Coeur Mining's Days Inventory or its related term are showing as below:
CDE'
s Days Inventory Range Over the Past 10 Years
Min: 65.86 Med: 83.42 Max: 123.84
Current: 80.76
During the past 13 years, Coeur Mining's highest Days Inventory was 123.84. The lowest was 65.86. And the median was 83.42.
CDE's Days Inventory is ranked better than 54.26% of 658
companies
in the Metals & Mining industry
Industry Median: 87.15
vs CDE: 80.76
Coeur Mining's Days Inventory
declined
from Dec. 2022 (70.05) to Dec. 2023 (67.77).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Coeur Mining's Inventory Turnover for the
three
months ended in Dec. 2023 was 1.35.
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.
Coeur Mining's Inventory-to-Revenue for the
three
months ended in Dec. 2023 was 0.64.
Coeur Mining Days Inventory Historical Data
The historical data trend for Coeur 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.
Competitive Comparison of Coeur Mining's Days Inventory
For the Gold subindustry, Coeur 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.
Coeur Mining's Days Inventory Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Coeur Mining's Days Inventory distribution charts can be found below:
* The bar in red indicates where Coeur Mining's Days Inventory falls into.
Coeur Mining Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Coeur Mining's Days Inventory for the fiscal year that 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.
Coeur Mining (NYSE:CDE) 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.
Coeur Mining's Inventory Turnover for the
three
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.
Coeur Mining's Inventory to Revenue for the
three
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.
Coeur Mining Days Inventory Related Terms
Thank you for viewing the detailed overview of Coeur Mining's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Coeur Mining Inc is a metals producer focused on mining precious minerals in the Americas. It is involved in the discovery and mining of gold and silver and generates the vast majority of revenue from the sale of these precious metals. The operating mines of the company are palmarejo, Rochester, Wharf, and Kensington. Its projects are located in the United States, Canada and Mexico, and North America.
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