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Ferro-Alloy Resources (LSE:FAR) Days Inventory : 113.99 (As of Dec. 2023)


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What is Ferro-Alloy Resources Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Ferro-Alloy Resources's Average Total Inventories for the six months ended in Dec. 2023 was £1.58 Mil. Ferro-Alloy Resources's Cost of Goods Sold for the six months ended in Dec. 2023 was £2.53 Mil. Hence, Ferro-Alloy Resources's Days Inventory for the six months ended in Dec. 2023 was 113.99.

The historical rank and industry rank for Ferro-Alloy Resources's Days Inventory or its related term are showing as below:

LSE:FAR' s Days Inventory Range Over the Past 10 Years
Min: 86.25   Med: 158.5   Max: 1566.89
Current: 102.22

During the past 10 years, Ferro-Alloy Resources's highest Days Inventory was 1566.89. The lowest was 86.25. And the median was 158.50.

LSE:FAR's Days Inventory is ranked worse than
57.32% of 663 companies
in the Metals & Mining industry
Industry Median: 88.57 vs LSE:FAR: 102.22

Ferro-Alloy Resources's Days Inventory increased from Dec. 2022 (92.40) to Dec. 2023 (113.99). It might indicate that Ferro-Alloy Resources's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ferro-Alloy Resources's Inventory Turnover for the six months ended in Dec. 2023 was 1.60.

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. Ferro-Alloy Resources's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.83.


Ferro-Alloy Resources Days Inventory Historical Data

The historical data trend for Ferro-Alloy Resources'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.

Ferro-Alloy Resources Days Inventory Chart

Ferro-Alloy Resources 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 155.71 120.13 103.90 86.25 99.10

Ferro-Alloy Resources Semi-Annual Data
Dec14 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 68.53 112.55 92.40 94.77 113.99

Competitive Comparison of Ferro-Alloy Resources's Days Inventory

For the Other Industrial Metals & Mining subindustry, Ferro-Alloy Resources'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.


Ferro-Alloy Resources's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Ferro-Alloy Resources's Days Inventory falls into.



Ferro-Alloy Resources Days Inventory Calculation

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

Ferro-Alloy Resources'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
=( (1.337 + 1.567) / 2 ) / 5.348*365
=1.452 / 5.348*365
=99.10

Ferro-Alloy Resources'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
=( (1.596 + 1.567) / 2 ) / 2.532*365 / 2
=1.5815 / 2.532*365 / 2
=113.99

* 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.


Ferro-Alloy Resources  (LSE:FAR) 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.

Ferro-Alloy Resources'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.

Ferro-Alloy Resources'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.


Ferro-Alloy Resources Days Inventory Related Terms

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


Ferro-Alloy Resources (LSE:FAR) Business Description

Traded in Other Exchanges
Address
Noble House, Les Baissieres, Saint Peter Port, GGY, GY1 2UE
Ferro-Alloy Resources Ltd is engaged in developing and exploiting the Balasausqandiq vanadium deposit in Southern Kazakhstan. The company segments are based on their nature of operations: processing, subsoil operations (being operations related to exploration and mining), and corporate segment. It generates maximum revenue from the processing segment.

Ferro-Alloy Resources (LSE:FAR) Headlines

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