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Highland Copper Co (Highland Copper Co) Days Inventory : 0.00 (As of Mar. 2024)


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What is Highland Copper Co Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Highland Copper Co's Average Total Inventories for the three months ended in Mar. 2024 was $0.00 Mil. Highland Copper Co's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.00 Mil.

The historical rank and industry rank for Highland Copper Co's Days Inventory or its related term are showing as below:

HDRSF's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 88.19
* Ranked among companies with meaningful Days Inventory only.

Highland Copper Co's Days Inventory stayed the same from Mar. 2023 (0.00) to Mar. 2024 (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.


Highland Copper Co Days Inventory Historical Data

The historical data trend for Highland Copper Co'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.

Highland Copper Co Days Inventory Chart

Highland Copper Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
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Highland Copper Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Highland Copper Co's Days Inventory

For the Copper subindustry, Highland Copper Co'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.


Highland Copper Co's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Highland Copper Co's Days Inventory falls into.



Highland Copper Co Days Inventory Calculation

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

Highland Copper Co'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 ) / 0.017*365
=0 / 0.017*365
=0.00

Highland Copper Co's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 4
=0 / 0*365 / 4
=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.


Highland Copper Co  (OTCPK:HDRSF) 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.

Highland Copper Co's Inventory Turnover for the three months ended in Mar. 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.

Highland Copper Co's Inventory to Revenue for the three months ended in Mar. 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.


Highland Copper Co Days Inventory Related Terms

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Highland Copper Co (Highland Copper Co) Business Description

Traded in Other Exchanges
Address
1055 West Georgia Street West, Suite 1500, Vancouver, BC, CAN, V6E 4N7
Highland Copper Co Inc is a mineral exploration company principally engaged in the acquisition, exploration, and development of mineral properties. It is a copper development company, focused on sediment-hosted copper projects in the Copper Range District of the Upper Peninsula of Michigan, USA. The projects of the company are the Copperwood project, White pine north project, UPX Property, and Keweenaw project.

Highland Copper Co (Highland Copper Co) Headlines

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