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Norton Gold Fields (FRA:N9G) Days Inventory : 83.65 (As of Dec. 2014)


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What is Norton Gold Fields Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Norton Gold Fields's Average Total Inventories for the six months ended in Dec. 2014 was €24.7 Mil. Norton Gold Fields's Cost of Goods Sold for the six months ended in Dec. 2014 was €53.9 Mil. Hence, Norton Gold Fields's Days Inventory for the six months ended in Dec. 2014 was 83.65.

The historical rank and industry rank for Norton Gold Fields's Days Inventory or its related term are showing as below:

FRA:N9G's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 88.57
* Ranked among companies with meaningful Days Inventory only.

Norton Gold Fields's Days Inventory increased from Dec. 2013 (40.26) to Dec. 2014 (83.65). It might indicate that Norton Gold Fields's sales slowed down.

Inventory Turnover measures how fast the company turns over its inventory within a year. Norton Gold Fields's Inventory Turnover for the six months ended in Dec. 2014 was 2.18.

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. Norton Gold Fields's Inventory-to-Revenue for the six months ended in Dec. 2014 was 0.28.


Norton Gold Fields Days Inventory Historical Data

The historical data trend for Norton Gold Fields'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.

Norton Gold Fields Days Inventory Chart

Norton Gold Fields Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Dec13 Dec14
Days Inventory
Get a 7-Day Free Trial Premium Member Only 57.85 58.55 88.83 90.94 72.03

Norton Gold Fields Semi-Annual Data
Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Jun13 Dec13 Jun14 Dec14
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 55.40 1,676.99 40.26 86.12 83.65

Competitive Comparison of Norton Gold Fields's Days Inventory

For the Gold subindustry, Norton Gold Fields'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.


Norton Gold Fields's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Norton Gold Fields's Days Inventory falls into.



Norton Gold Fields Days Inventory Calculation

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

Norton Gold Fields's Days Inventory for the fiscal year that ended in Dec. 2014 is calculated as

Days Inventory (A: Dec. 2014 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2013 ) + Total Inventories (A: Dec. 2014 )) / count ) / Cost of Goods Sold (A: Dec. 2014 )*Days in Period
=( (21.04 + 20.507) / 2 ) / 105.26*365
=20.7735 / 105.26*365
=72.03

Norton Gold Fields's Days Inventory for the quarter that ended in Dec. 2014 is calculated as:

Days Inventory (Q: Dec. 2014 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2014 ) + Total Inventories (Q: Dec. 2014 )) / count ) / Cost of Goods Sold (Q: Dec. 2014 )*Days in Period
=( (28.874 + 20.507) / 2 ) / 53.865*365 / 2
=24.6905 / 53.865*365 / 2
=83.65

* 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.


Norton Gold Fields  (FRA:N9G) 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.

Norton Gold Fields's Inventory Turnover for the six months ended in Dec. 2014 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.

Norton Gold Fields's Inventory to Revenue for the six months ended in Dec. 2014 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.


Norton Gold Fields Days Inventory Related Terms

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


Norton Gold Fields (FRA:N9G) Business Description

Traded in Other Exchanges
N/A
Address
Norton Gold Fields Limited is a gold exploration and production company focused on the Paddington Gold mine, near Kalgoorlie in Western Australia. The company also has other projects like Mount Morgan Mine Project & Many Peaks Copper Project.

Norton Gold Fields (FRA:N9G) Headlines

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