GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sotkamo Silver AB (OHEL:SOSI1) » Definitions » Days Inventory

Sotkamo Silver AB (OHEL:SOSI1) Days Inventory : 7.06 (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Sotkamo Silver AB Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sotkamo Silver AB's Average Total Inventories for the three months ended in Mar. 2024 was €0.47 Mil. Sotkamo Silver AB's Cost of Goods Sold for the three months ended in Mar. 2024 was €6.08 Mil. Hence, Sotkamo Silver AB's Days Inventory for the three months ended in Mar. 2024 was 7.06.

The historical rank and industry rank for Sotkamo Silver AB's Days Inventory or its related term are showing as below:

OHEL:SOSI1' s Days Inventory Range Over the Past 10 Years
Min: 5.87   Med: 7.6   Max: 12.2
Current: 7.54

During the past 13 years, Sotkamo Silver AB's highest Days Inventory was 12.20. The lowest was 5.87. And the median was 7.60.

OHEL:SOSI1's Days Inventory is ranked better than
97.59% of 663 companies
in the Metals & Mining industry
Industry Median: 88.57 vs OHEL:SOSI1: 7.54

Sotkamo Silver AB's Days Inventory declined from Mar. 2023 (11.00) to Mar. 2024 (7.06).

Inventory Turnover measures how fast the company turns over its inventory within a year. Sotkamo Silver AB's Inventory Turnover for the three months ended in Mar. 2024 was 12.92.

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. Sotkamo Silver AB's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.06.


Sotkamo Silver AB Days Inventory Historical Data

The historical data trend for Sotkamo Silver AB'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.

Sotkamo Silver AB Days Inventory Chart

Sotkamo Silver AB 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 12.20 5.92 5.87 7.60 8.25

Sotkamo Silver AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 11.00 7.51 7.41 7.70 7.06

Competitive Comparison of Sotkamo Silver AB's Days Inventory

For the Other Precious Metals & Mining subindustry, Sotkamo Silver AB'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.


Sotkamo Silver AB's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Sotkamo Silver AB's Days Inventory falls into.



Sotkamo Silver AB Days Inventory Calculation

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

Sotkamo Silver AB'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
=( (0.628 + 0.375) / 2 ) / 22.198*365
=0.5015 / 22.198*365
=8.25

Sotkamo Silver AB's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0.375 + 0.566) / 2 ) / 6.08*365 / 4
=0.4705 / 6.08*365 / 4
=7.06

* 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.


Sotkamo Silver AB  (OHEL:SOSI1) 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.

Sotkamo Silver AB's Inventory Turnover for the three months ended in Mar. 2024 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.

Sotkamo Silver AB's Inventory to Revenue for the three months ended in Mar. 2024 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.


Sotkamo Silver AB Days Inventory Related Terms

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


Sotkamo Silver AB (OHEL:SOSI1) Business Description

Traded in Other Exchanges
Address
Hollandargatan 5B, Stockholm, SWE, 111 48
Sotkamo Silver AB is a Sweden-based exploration and development company. It is engaged in the exploration and development of silver, gold and zinc deposits in the Nordic region. The company primarily holds an interest in Taivaljarvi silver mine project. In addition, there are two gold deposits, Harnas which is a former small-scale gold mining site in Sweden, and Hopevuori gold occurrence in Finland.

Sotkamo Silver AB (OHEL:SOSI1) Headlines

No Headlines