GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sayona Mining Ltd (ASX:SYA) » Definitions » Days Inventory

Sayona Mining (ASX:SYA) Days Inventory : 0.00 (As of Dec. 2023)


View and export this data going back to 2004. Start your Free Trial

What is Sayona Mining Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sayona Mining's Average Total Inventories for the six months ended in Dec. 2023 was A$51.7 Mil. Sayona Mining's Cost of Goods Sold for the six months ended in Dec. 2023 was A$-6.6 Mil.

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

ASX:SYA's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 88.535
* Ranked among companies with meaningful Days Inventory only.

Sayona Mining's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Sayona Mining's Inventory Turnover for the six months ended in Dec. 2023 was -0.13.

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. Sayona Mining's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.44.


Sayona Mining Days Inventory Historical Data

The historical data trend for Sayona 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.

Sayona Mining Days Inventory Chart

Sayona 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 - - - - -

Sayona 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 - - - - -

Competitive Comparison of Sayona Mining's Days Inventory

For the Other Industrial Metals & Mining subindustry, Sayona 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.


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

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

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



Sayona Mining Days Inventory Calculation

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

Sayona 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
=( (0 + 48.664) / 1 ) / -36.348*365
=48.664 / -36.348*365
=N/A

Sayona 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
=( (48.664 + 54.817) / 2 ) / -6.647*365 / 2
=51.7405 / -6.647*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.


Sayona Mining  (ASX:SYA) 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.

Sayona 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.

Sayona 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.


Sayona Mining Days Inventory Related Terms

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


Sayona Mining (ASX:SYA) Business Description

Traded in Other Exchanges
Address
283 Given Terrace, Unit 68, Paddington, QLD, AUS, 4064
Sayona Mining Ltd is a mineral exploration and development company. The principal activity of the company is the identification, acquisition and evaluation of mineral exploration assets, focusing on lithium and graphite. The company's primary focus is the development of the advanced-stage Authier lithium project in Quebec, Canada. It also holds interests in East Kimberley Graphite Project and West Australian Lithium Project.

Sayona Mining (ASX:SYA) Headlines

From GuruFocus

Insider Trends in the Financial Services Sector

By Monica Wolfe Monica Wolfe 05-23-2013

Notable Dividend Stocks: SYA, MSA, NC, QUAD, OPNT

By Dynamic Dividend Dynamic Dividend 05-11-2011