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Australian Vanadium (ASX:AVL) Days Inventory : 0.00 (As of Dec. 2023)


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What is Australian Vanadium Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Australian Vanadium's Average Total Inventories for the six months ended in Dec. 2023 was A$0.37 Mil. Australian Vanadium's Cost of Goods Sold for the six months ended in Dec. 2023 was A$0.00 Mil.

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

ASX:AVL' s Days Inventory Range Over the Past 10 Years
Min: 2657.2   Med: 2657.2   Max: 68346.25
Current: 68346.25

During the past 13 years, Australian Vanadium's highest Days Inventory was 68346.25. The lowest was 2657.20. And the median was 2657.20.

ASX:AVL's Days Inventory is ranked worse than
100% of 663 companies
in the Metals & Mining industry
Industry Median: 88.19 vs ASX:AVL: 68346.25

Australian Vanadium's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (0.00).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Australian Vanadium's Inventory Turnover for the six months ended in Dec. 2023 was 0.00.

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.


Australian Vanadium Days Inventory Historical Data

The historical data trend for Australian Vanadium'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.

Australian Vanadium Days Inventory Chart

Australian Vanadium Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 2,657.20

Australian Vanadium Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - - - 16,607.50 -

Competitive Comparison of Australian Vanadium's Days Inventory

For the Other Industrial Metals & Mining subindustry, Australian Vanadium'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.


Australian Vanadium's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Australian Vanadium's Days Inventory falls into.



Australian Vanadium Days Inventory Calculation

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

Australian Vanadium'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 + 0.182) / 1 ) / 0.025*365
=0.182 / 0.025*365
=2,657.20

Australian Vanadium'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
=( (0.182 + 0.567) / 2 ) / 0*365 / 2
=0.3745 / 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.


Australian Vanadium  (ASX:AVL) 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.

Australian Vanadium's Inventory Turnover for the six 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.

Australian Vanadium's Inventory to Revenue for the six 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.


Australian Vanadium Days Inventory Related Terms

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


Australian Vanadium (ASX:AVL) Business Description

Traded in Other Exchanges
Address
50 Kings Park Road, Level 2, Perth, WA, AUS, 6005
Australian Vanadium Ltd is engaged in the exploration for vanadium/titanium and other economic resources and also engaged the development of vanadium electrolyte production and the sale of VRFB systems. The firm operates in two segments: Exploration and Energy storage. Its projects include The Australian Vanadium Project, Coates Project - Vanadium, PGE, Nickel, Blesberg Lithium-Tantalum, Nowthanna Hill Uranium & Vanadium.

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