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Americas Gold And Silver (TSX:USA) Days Inventory : 27.19 (As of Jun. 2024)


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What is Americas Gold And Silver Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Americas Gold And Silver's Average Total Inventories for the three months ended in Jun. 2024 was C$11.1 Mil. Americas Gold And Silver's Cost of Goods Sold for the three months ended in Jun. 2024 was C$37.2 Mil. Hence, Americas Gold And Silver's Days Inventory for the three months ended in Jun. 2024 was 27.19.

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

TSX:USA' s Days Inventory Range Over the Past 10 Years
Min: 31.41   Med: 51.49   Max: 99.07
Current: 31.41

During the past 13 years, Americas Gold And Silver's highest Days Inventory was 99.07. The lowest was 31.41. And the median was 51.49.

TSX:USA's Days Inventory is ranked better than
86.54% of 654 companies
in the Metals & Mining industry
Industry Median: 86.515 vs TSX:USA: 31.41

Americas Gold And Silver's Days Inventory declined from Jun. 2023 (33.54) to Jun. 2024 (27.19).

Inventory Turnover measures how fast the company turns over its inventory within a year. Americas Gold And Silver's Inventory Turnover for the three months ended in Jun. 2024 was 3.36.

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. Americas Gold And Silver's Inventory-to-Revenue for the three months ended in Jun. 2024 was 0.26.


Americas Gold And Silver Days Inventory Historical Data

The historical data trend for Americas Gold And Silver'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.

Americas Gold And Silver Days Inventory Chart

Americas Gold And Silver 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 40.27 71.81 32.81 35.68 33.50

Americas Gold And Silver Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 33.54 35.57 33.85 30.73 27.19

Competitive Comparison of Americas Gold And Silver's Days Inventory

For the Other Industrial Metals & Mining subindustry, Americas Gold And Silver'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.


Americas Gold And Silver's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Americas Gold And Silver's Days Inventory falls into.



Americas Gold And Silver Days Inventory Calculation

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

Americas Gold And Silver'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
=( (12.002 + 11.614) / 2 ) / 128.671*365
=11.808 / 128.671*365
=33.50

Americas Gold And Silver's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2024 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (11.359 + 10.82) / 2 ) / 37.215*365 / 4
=11.0895 / 37.215*365 / 4
=27.19

* 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.


Americas Gold And Silver  (TSX:USA) 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.

Americas Gold And Silver's Inventory Turnover for the three months ended in Jun. 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.

Americas Gold And Silver's Inventory to Revenue for the three months ended in Jun. 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.


Americas Gold And Silver Days Inventory Related Terms

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


Americas Gold And Silver Business Description

Traded in Other Exchanges
Address
145 King Street West, Suite 2870, Toronto, ON, CAN, M5H 1J8
Americas Gold And Silver Corp is a mining company engaged in the acquisition, exploration, development, and production of precious metals mineral properties in Mexico and the United States. The company's primary operating assets are The Cosala operations, The Galena Complex, and Relief Canyon. The company also holds interests in the San Felipe Development Project located in Sonora, Mexico. It has geographic focus is the Western Hemisphere, particularly the United States and Mexico.
Executives
Alexander John Davidson Director
Darren John Blasutti Senior Officer
Daren Dell Senior Officer
Stefan Axell Senior Officer

Americas Gold And Silver Headlines