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Avrupa Minerals (Avrupa Minerals) Days Inventory : 0.00 (As of Mar. 2023)


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What is Avrupa Minerals Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Avrupa Minerals's Average Total Inventories for the three months ended in Mar. 2023 was $0.00 Mil. Avrupa Minerals's Cost of Goods Sold for the three months ended in Mar. 2023 was $0.00 Mil. Hence, Avrupa Minerals's Days Inventory for the three months ended in Mar. 2023 was 0.00.

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

AVPMF's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 88.535
* Ranked among companies with meaningful Days Inventory only.

Avrupa Minerals's Days Inventory stayed the same from Mar. 2022 (0.00) to Mar. 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.


Avrupa Minerals Days Inventory Historical Data

The historical data trend for Avrupa Minerals'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.

Avrupa Minerals Days Inventory Chart

Avrupa Minerals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
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Avrupa Minerals Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Dec23
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Competitive Comparison of Avrupa Minerals's Days Inventory

For the Other Industrial Metals & Mining subindustry, Avrupa Minerals'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.


Avrupa Minerals's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Avrupa Minerals's Days Inventory falls into.



Avrupa Minerals Days Inventory Calculation

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

Avrupa Minerals'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 + 0) / 1 ) / 0.001*365
=0 / 0.001*365
=0.00

Avrupa Minerals's Days Inventory for the quarter that ended in Mar. 2023 is calculated as:

Days Inventory (Q: Mar. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Mar. 2023 )) / count ) / Cost of Goods Sold (Q: Mar. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 0.001*365 / 4
=0 / 0.001*365 / 4
=0.00

* 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.


Avrupa Minerals  (OTCPK:AVPMF) 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.

Avrupa Minerals's Inventory Turnover for the three months ended in Mar. 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.

Avrupa Minerals's Inventory to Revenue for the three months ended in Mar. 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.


Avrupa Minerals Days Inventory Related Terms

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


Avrupa Minerals (Avrupa Minerals) Business Description

Traded in Other Exchanges
Address
325 Howe Street, Suite 410, Vancouver, BC, CAN, V6C 1Z7
Avrupa Minerals Ltd is engaged in the acquisition and exploration of mineral properties in Europe. The company is actively reviewing other attractive precious and base metal opportunities around Europe.