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Golden Metal Resources (Golden Metal Resources) Days Inventory : 0.00 (As of Dec. 2023)


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What is Golden Metal Resources Days Inventory?

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

The historical rank and industry rank for Golden Metal Resources's Days Inventory or its related term are showing as below:

GMTLF's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 88.02
* Ranked among companies with meaningful Days Inventory only.

Golden Metal Resources'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.

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.

Golden Metal Resources Days Inventory Historical Data

The historical data trend for Golden Metal Resources'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.

Golden Metal Resources Days Inventory Chart

Golden Metal Resources Annual Data
Trend Jun22 Jun23
Days Inventory
- -

Golden Metal Resources Semi-Annual Data
Dec21 Dec22 Jun23 Dec23
Days Inventory - - - -

Competitive Comparison of Golden Metal Resources's Days Inventory

For the Other Precious Metals & Mining subindustry, Golden Metal Resources'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.

Golden Metal Resources's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Golden Metal Resources's Days Inventory falls into.


Golden Metal Resources Days Inventory Calculation

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

Golden Metal Resources'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 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Golden Metal Resources'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.

Golden Metal Resources  (OTCPK:GMTLF) 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.

Golden Metal Resources's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0 / 0
=

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.

Golden Metal Resources's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0 / 0
=

* 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.

Golden Metal Resources Days Inventory Related Terms

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

Golden Metal Resources (Golden Metal Resources) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Golden Metal Resources PLC (OTCPK:GMTLF) » Definitions » Days Inventory
Comparable Companies
LSE:BOD LSE:FMET LSE:ROCK LSE:COBR LSE:URAH LSE:KDR LSE:UFO LSE:CMRS LSE:GEMD LSE:EEE ISX:AMMN JSE:AMS MIC:ALRS SZSE:000975 LSE:FRES ISX:MBMA JSE:IMP TSX:TFPM HL JSE:NPH
Traded in Other Exchanges
GMET:UK
Address
201 Temple Chambers, 3-7 Temple Avenue, London, GBR, EC4Y 0DT
Website
https://www.goldenmetalresources.com
Golden Metal Resources PLC is a London-based precious and strategic metals exploration company which controls interests in four prospective projects in mining friendly Nevada. The company's primary project portfolio comprise Pilot Mountain Project, Golconda Summit Project, Kibby Basin Project, Garfield Project, and Stonewall Project.