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Beacon Minerals (ASX:BCN) Days Inventory : 113.62 (As of Dec. 2023)


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What is Beacon Minerals Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Beacon Minerals's Average Total Inventories for the six months ended in Dec. 2023 was A$19.51 Mil. Beacon Minerals's Cost of Goods Sold for the six months ended in Dec. 2023 was A$31.35 Mil. Hence, Beacon Minerals's Days Inventory for the six months ended in Dec. 2023 was 113.62.

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

ASX:BCN' s Days Inventory Range Over the Past 10 Years
Min: 54.56   Med: 140.45   Max: 437.15
Current: 110.52

During the past 13 years, Beacon Minerals's highest Days Inventory was 437.15. The lowest was 54.56. And the median was 140.45.

ASX:BCN's Days Inventory is ranked worse than
61.54% of 663 companies
in the Metals & Mining industry
Industry Median: 88.5 vs ASX:BCN: 110.52

Beacon Minerals's Days Inventory increased from Dec. 2022 (105.42) to Dec. 2023 (113.62). It might indicate that Beacon Minerals's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Beacon Minerals's Inventory Turnover for the six months ended in Dec. 2023 was 1.61.

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. Beacon Minerals's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.40.


Beacon Minerals Days Inventory Historical Data

The historical data trend for Beacon Minerals'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.

Beacon Minerals Days Inventory Chart

Beacon Minerals Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 54.56 82.99 111.93 110.73

Beacon Minerals Semi-Annual Data
Jun14 Dec14 Jun15 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 Premium Member Only Premium Member Only 94.15 118.31 105.42 115.93 113.62

Competitive Comparison of Beacon Minerals's Days Inventory

For the Gold subindustry, Beacon Minerals'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.


Beacon Minerals's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Beacon Minerals's Days Inventory falls into.



Beacon Minerals Days Inventory Calculation

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

Beacon Minerals's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (15.188 + 22.246) / 2 ) / 61.695*365
=18.717 / 61.695*365
=110.73

Beacon Minerals'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
=( (22.246 + 16.783) / 2 ) / 31.346*365 / 2
=19.5145 / 31.346*365 / 2
=113.62

* 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.


Beacon Minerals  (ASX:BCN) 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.

Beacon Minerals'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.

Beacon Minerals'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.


Beacon Minerals Days Inventory Related Terms

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


Beacon Minerals (ASX:BCN) Business Description

Traded in Other Exchanges
N/A
Address
144 Vivian Street, Boulder, Perth, WA, AUS, 6432
Beacon Minerals Ltd is a mineral exploration and development company based in Australia. The company is focused on the development of Jaurdi Gold Project and Macphersons project Australia. It generates a majority of its revenue from Gold. The company operates within Australia.

Beacon Minerals (ASX:BCN) Headlines

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