Days Inventory is also known as Days Sales of Inventory (DSI). South32's Average Total Inventories for the
six
months ended in Dec. 2023 was A$1,714 Mil. South32's Cost of Goods Sold for the
six
months ended in Dec. 2023 was A$0 Mil.
The historical rank and industry rank for South32's Days Inventory or its related term are showing as below:
ASX:S32'
s Days Inventory Range Over the Past 10 Years
Min: 76.99 Med: 85.27 Max: 798.77
Current: 94.15
During the past 12 years, South32's highest Days Inventory was 798.77. The lowest was 76.99. And the median was 85.27.
ASX:S32's Days Inventory is ranked worse than 52.58% of 660
companies
in the Metals & Mining industry
Industry Median: 88.605
vs ASX:S32: 94.15
South32's Days Inventory
stayed the same
from Dec. 2022 (0.00) to Dec. 2023 (0.00).
Inventory Turnover measures how fast the company turns over its inventory within a year.
South32's Inventory Turnover for the
six
months ended in Dec. 2023 was 0.00.
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.
South32's Inventory-to-Revenue for the
six
months ended in Dec. 2023 was 0.37.
South32 Days Inventory Historical Data
The historical data trend for South32'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 South32's Days Inventory
For the Other Industrial Metals & Mining subindustry, South32'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.
South32's Days Inventory Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, South32's Days Inventory distribution charts can be found below:
* The bar in red indicates where South32's Days Inventory falls into.
South32 Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
South32's Days Inventory for the fiscal year that ended in Jun. 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.
South32 (ASX:S32) 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.
South32'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.
South32'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.
South32 Days Inventory Related Terms
Thank you for viewing the detailed overview of South32's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
South32 was born of the demerger of noncore assets from BHP in 2015. South32's major operations include alumina businesses in Australia and Brazil, aluminium in Brazil, South Africa, and Mozambique, manganese businesses in Australia and South Africa, and New South Wales metallurgical coal. It also owns the Cannington silver/lead/zinc mine in northwest Queensland and the Cerro Matoso nickel mine in Colombia. Cannington silver mine and manganese operations deliver high returns, but have relatively short reserve life. The company acquired Arizona Mining, which brings with it the high-grade and likely low-cost Taylor deposit in the U.S., and also entered the copper business in 2022 via the purchase of a 45% stake in the Sierra Gorda mine in Chile.
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