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Atalaya Mining (LSE:ATYM) Days Inventory : 43.20 (As of Dec. 2023)


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What is Atalaya Mining Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Atalaya Mining's Average Total Inventories for the three months ended in Dec. 2023 was £30.8 Mil. Atalaya Mining's Cost of Goods Sold for the three months ended in Dec. 2023 was £65.1 Mil. Hence, Atalaya Mining's Days Inventory for the three months ended in Dec. 2023 was 43.20.

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

LSE:ATYM' s Days Inventory Range Over the Past 10 Years
Min: 25.24   Med: 37.03   Max: 47.11
Current: 47.11

During the past 13 years, Atalaya Mining's highest Days Inventory was 47.11. The lowest was 25.24. And the median was 37.03.

LSE:ATYM's Days Inventory is ranked better than
75.68% of 658 companies
in the Metals & Mining industry
Industry Median: 87.34 vs LSE:ATYM: 47.11

Atalaya Mining's Days Inventory declined from Dec. 2022 (43.90) to Dec. 2023 (43.20).

Inventory Turnover measures how fast the company turns over its inventory within a year. Atalaya Mining's Inventory Turnover for the three months ended in Dec. 2023 was 2.11.

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. Atalaya Mining's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.42.


Atalaya Mining Days Inventory Historical Data

The historical data trend for Atalaya 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.

* Premium members only.

Atalaya Mining Days Inventory Chart

Atalaya Mining 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 43.27 38.37 40.59 35.69 46.53

Atalaya Mining Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 43.90 46.59 51.01 49.10 43.20

Competitive Comparison of Atalaya Mining's Days Inventory

For the Copper subindustry, Atalaya 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.


Atalaya Mining's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Atalaya Mining's Days Inventory falls into.



Atalaya Mining Days Inventory Calculation

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

Atalaya Mining'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
=( (33.78 + 28.7) / 2 ) / 245.038*365
=31.24 / 245.038*365
=46.53

Atalaya Mining'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (32.891 + 28.7) / 2 ) / 65.05*365 / 4
=30.7955 / 65.05*365 / 4
=43.20

* 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.


Atalaya Mining  (LSE:ATYM) 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.

Atalaya 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.

Atalaya 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.


Atalaya Mining Days Inventory Related Terms

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


Atalaya Mining (LSE:ATYM) Business Description

Traded in Other Exchanges
Address
1 Lampousa Street, Nicosia, CYP, 1095
Atalaya Mining PLC is a European mining and development company. The strategy is to evaluate and prioritise metal production opportunities in several jurisdictions throughout the well-known belts of base and precious metal mineralisation in Spain, elsewhere in European and Latin America. The Group currently owns four mining projects, namely, Proyecto Riotinto, Proyecto Touro, Proyecto Masa Valverde and Proyecto Ossa Morena. In addition, the company has an earn-in agreement to acquire three investigation permits at Proyecto Riotinto Este. The Group's mining activities are located in Spain.

Atalaya Mining (LSE:ATYM) Headlines

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