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Lifezone Metals (Lifezone Metals) Days Inventory : 0.00 (As of Dec. 2023)


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What is Lifezone Metals Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Lifezone Metals's Average Total Inventories for the three months ended in Dec. 2023 was $0.10 Mil. Lifezone Metals's Cost of Goods Sold for the three months ended in Dec. 2023 was $-0.22 Mil.

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

LZM' s Days Inventory Range Over the Past 10 Years
Min: 35.14   Med: 36.55   Max: 36.55
Current: 35.14

During the past 4 years, Lifezone Metals's highest Days Inventory was 36.55. The lowest was 35.14. And the median was 36.55.

LZM's Days Inventory is ranked better than
84.87% of 661 companies
in the Metals & Mining industry
Industry Median: 88.64 vs LZM: 35.14

Lifezone Metals'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. Lifezone Metals's Inventory Turnover for the three months ended in Dec. 2023 was -2.12.

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. Lifezone Metals's Inventory-to-Revenue for the three months ended in Dec. 2023 was 0.25.


Lifezone Metals Days Inventory Historical Data

The historical data trend for Lifezone Metals'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.

Lifezone Metals Days Inventory Chart

Lifezone Metals Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Days Inventory
- - - 36.55

Lifezone Metals Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only - 9.21 - 10.27 -

Competitive Comparison of Lifezone Metals's Days Inventory

For the Other Industrial Metals & Mining subindustry, Lifezone Metals'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.


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

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

* The bar in red indicates where Lifezone Metals's Days Inventory falls into.



Lifezone Metals Days Inventory Calculation

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

Lifezone Metals'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
=( (0.05 + 0.101) / 2 ) / 0.754*365
=0.0755 / 0.754*365
=36.55

Lifezone Metals'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (0.105 + 0.101) / 2 ) / -0.218*365 / 4
=0.103 / -0.218*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.


Lifezone Metals  (NYSE:LZM) 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.

Lifezone Metals's Inventory Turnover for the three 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.

Lifezone Metals's Inventory to Revenue for the three 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.


Lifezone Metals Days Inventory Related Terms

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


Lifezone Metals (Lifezone Metals) Business Description

Traded in Other Exchanges
N/A
Address
1 Bowring Road, Commerce House, Ramsey, IMN, IM8 2TF
Lifezone Metals Ltd is a modern pre-development exploration-stage metals company. Its business consists of two segments namely metals extraction and refining business and intellectual property licensing business.