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Equus Mining (ASX:EQE) Days Inventory : 0.00 (As of Dec. 2023)


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What is Equus Mining Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Equus Mining's Average Total Inventories for the six months ended in Dec. 2023 was A$0.00 Mil. Equus Mining's Cost of Goods Sold for the six months ended in Dec. 2023 was A$0.00 Mil.

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

ASX:EQE' s Days Inventory Range Over the Past 10 Years
Min: 48.11   Med: 48.26   Max: 150.98
Current: 150.98

During the past 13 years, Equus Mining's highest Days Inventory was 150.98. The lowest was 48.11. And the median was 48.26.

ASX:EQE's Days Inventory is not ranked
in the Metals & Mining industry.
Industry Median: 88.57 vs ASX:EQE: 150.98

Equus Mining's Days Inventory declined from Dec. 2022 (15.64) to Dec. 2023 (0.00).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year.

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.


Equus Mining Days Inventory Historical Data

The historical data trend for Equus Mining'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.

Equus Mining Days Inventory Chart

Equus Mining 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 - - - 48.11 48.40

Equus Mining 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 314.21 29.30 15.64 10.00 -

Competitive Comparison of Equus Mining's Days Inventory

For the Other Industrial Metals & Mining subindustry, Equus Mining'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.


Equus Mining's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Equus Mining's Days Inventory falls into.



Equus Mining Days Inventory Calculation

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

Equus Mining'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
=( (2.326 + 0) / 1 ) / 17.54*365
=2.326 / 17.54*365
=48.40

Equus Mining'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
=( (0 + 0) / 1 ) / 0*365 / 2
=0 / 0*365 / 2
=N/A

* 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.


Equus Mining  (ASX:EQE) 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.

Equus Mining'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.

Equus Mining'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.


Equus Mining Days Inventory Related Terms

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


Equus Mining (ASX:EQE) Business Description

Traded in Other Exchanges
N/A
Address
66 Hunter Street, Level 2, Sydney, NSW, AUS, 2000
Equus Mining Ltd is an Australian exploration and development company. The company is primarily focused on developing precious and base metals projects in Chile. Its flagship projects include Los Domos; Cerro Diablo and Cerro Bayo precious and base metal projects. The reportable segments of the company are mineral processing and mineral exploration within the geographical segment of Chile. All of the company's geographical segment revenues comes from Chile.

Equus Mining (ASX:EQE) Headlines

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