Richmond Vanadium Technology (ASX:RVT) Days Inventory : 0.00 (As of Dec. 2023)

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What is Richmond Vanadium Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Richmond Vanadium Technology's Average Total Inventories for the six months ended in Dec. 2023 was A$0.00 Mil. Richmond Vanadium Technology'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 Richmond Vanadium Technology's Days Inventory or its related term are showing as below:

ASX:RVT's Days Inventory is not ranked ^*
in the Metals & Mining industry.
Industry Median: 87.85
* Ranked among companies with meaningful Days Inventory only.

Richmond Vanadium Technology'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.

Richmond Vanadium Technology Days Inventory Historical Data

The historical data trend for Richmond Vanadium Technology'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.

Richmond Vanadium Technology Days Inventory Chart

Richmond Vanadium Technology Annual Data

Trend

Jun22

Jun23

Days Inventory

Richmond Vanadium Technology Semi-Annual Data
	Dec22	Jun23	Dec23
Days Inventory	-	-	-

Competitive Comparison of Richmond Vanadium Technology's Days Inventory

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

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

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

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

Richmond Vanadium Technology Days Inventory Calculation

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

Richmond Vanadium Technology'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

Richmond Vanadium Technology'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

Richmond Vanadium Technology (ASX:RVT) 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.

Richmond Vanadium Technology'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.

Richmond Vanadium Technology's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

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

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.

Richmond Vanadium Technology Days Inventory Related Terms

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

Richmond Vanadium Technology (ASX:RVT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Richmond Vanadium Technology Ltd (ASX:RVT) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

251 Adelaide Terrace, Level 11, Perth, WA, AUS, 6000

Website

https://www.richmondvanadium.com.au

Richmond Vanadium Technology Ltd is an Australian minerals exploration company advancing its Richmond Vanadium Project in north Queensland. The Richmond-Julia Creek Vanadium Project is the non-titanomagnetite vanadium deposit of its kind (soft marine sediments) globally and can produce a supply of vanadium for the steel and emerging energy storage markets. The project involves the development of an open cut, free dig vanadium mining operation producing vanadium pentoxide (V2O5) concentrate from the ore reserve.