Southern Cross Gold (ASX:SXG) Days Inventory : 0.00 (As of Nov. 2023)

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What is Southern Cross Gold Days Inventory?

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

The historical rank and industry rank for Southern Cross Gold's Days Inventory or its related term are showing as below:

ASX:SXG's Days Inventory is not ranked ^*
in the Metals & Mining industry.
Industry Median: 88.5
* Ranked among companies with meaningful Days Inventory only.

Southern Cross Gold's Days Inventory stayed the same from Nov. 2022 (0.00) to Nov. 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.

Southern Cross Gold Days Inventory Historical Data

The historical data trend for Southern Cross Gold'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.

Southern Cross Gold Days Inventory Chart

Southern Cross Gold Annual Data

Trend

May23

Days Inventory

Southern Cross Gold Semi-Annual Data
	Dec21	Nov22	May23	Nov23
Days Inventory	-	-	-	-

Competitive Comparison of Southern Cross Gold's Days Inventory

For the Gold subindustry, Southern Cross Gold'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.

Southern Cross Gold's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Southern Cross Gold's Days Inventory falls into.

Southern Cross Gold Days Inventory Calculation

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

Southern Cross Gold's Days Inventory for the fiscal year that ended in May. 2023 is calculated as

	Days Inventory (A: May. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: . 20 )	+	Total Inventories (A: May. 2023 ))	/	count )	/	Cost of Goods Sold (A: May. 2023 )	*	Days in Period
=	( (	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

Southern Cross Gold's Days Inventory for the quarter that ended in Nov. 2023 is calculated as:

	Days Inventory (Q: Nov. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: May. 2023 )	+	Total Inventories (Q: Nov. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Nov. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365 / 2
=	0					/	0	*	365 / 2
=	N/A

Southern Cross Gold (ASX:SXG) 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.

Southern Cross Gold's Inventory Turnover for the six months ended in Nov. 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.

Southern Cross Gold's Inventory to Revenue for the six months ended in Nov. 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.

Southern Cross Gold Days Inventory Related Terms

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

Southern Cross Gold (ASX:SXG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Southern Cross Gold Ltd (ASX:SXG) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

459 Collins Street, Level 21, Melbourne, VIC, AUS, 3000

Website

https://www.southerncrossgold.com.au

Southern Cross Gold Ltd is a mining exploration company focused on gold exploration with projects in Victoria and Queensland, Australia. Its projects include Sunday Creek, Whroo, Redcastle, and Mt Isa.

Southern Cross Gold (ASX:SXG) Headlines

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