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Minera Alamos (Minera Alamos) Days Inventory : 199.89 (As of Dec. 2023)


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What is Minera Alamos Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Minera Alamos's Average Total Inventories for the three months ended in Dec. 2023 was $5.65 Mil. Minera Alamos's Cost of Goods Sold for the three months ended in Dec. 2023 was $2.58 Mil. Hence, Minera Alamos's Days Inventory for the three months ended in Dec. 2023 was 199.89.

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

MAIFF' s Days Inventory Range Over the Past 10 Years
Min: 211.1   Med: 232.71   Max: 3737.31
Current: 220.41

During the past 13 years, Minera Alamos's highest Days Inventory was 3737.31. The lowest was 211.10. And the median was 232.71.

MAIFF's Days Inventory is ranked worse than
84.92% of 663 companies
in the Metals & Mining industry
Industry Median: 88.57 vs MAIFF: 220.41

Minera Alamos's Days Inventory declined from Dec. 2022 (219.95) to Dec. 2023 (199.89).

Inventory Turnover measures how fast the company turns over its inventory within a year. Minera Alamos's Inventory Turnover for the three months ended in Dec. 2023 was 0.46.

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. Minera Alamos's Inventory-to-Revenue for the three months ended in Dec. 2023 was 4.29.


Minera Alamos Days Inventory Historical Data

The historical data trend for Minera Alamos'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.

Minera Alamos Days Inventory Chart

Minera Alamos 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 - - 3,732.07 216.53 231.11

Minera Alamos 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 219.95 195.03 192.52 327.89 199.89

Competitive Comparison of Minera Alamos's Days Inventory

For the Gold subindustry, Minera Alamos'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.


Minera Alamos's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Minera Alamos's Days Inventory falls into.



Minera Alamos Days Inventory Calculation

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

Minera Alamos'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
=( (6.733 + 5.605) / 2 ) / 9.743*365
=6.169 / 9.743*365
=231.11

Minera Alamos'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
=( (5.685 + 5.605) / 2 ) / 2.577*365 / 4
=5.645 / 2.577*365 / 4
=199.89

* 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.


Minera Alamos  (OTCPK:MAIFF) 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.

Minera Alamos'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.

Minera Alamos'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.


Minera Alamos Days Inventory Related Terms

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


Minera Alamos (Minera Alamos) Business Description

Traded in Other Exchanges
Address
55 York Street, Suite 402, Toronto, ON, CAN, M5J 1R7
Minera Alamos Inc is a junior mining and exploration company engaged directly and indirectly through its subsidiaries in the acquisition, exploration, and development of mineral properties located in Mexico. The Company operates in one business segment, mineral exploration, and two geographical segments, Canada and Mexico.