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Alderon Iron Ore (Alderon Iron Ore) Days Inventory : 0.00 (As of Sep. 2019)


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What is Alderon Iron Ore Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Alderon Iron Ore's Average Total Inventories for the three months ended in Sep. 2019 was $0.00 Mil. Alderon Iron Ore's Cost of Goods Sold for the three months ended in Sep. 2019 was $0.01 Mil. Hence, Alderon Iron Ore's Days Inventory for the three months ended in Sep. 2019 was 0.00.

The historical rank and industry rank for Alderon Iron Ore's Days Inventory or its related term are showing as below:

AXXDF's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 88.64
* Ranked among companies with meaningful Days Inventory only.

Alderon Iron Ore's Days Inventory stayed the same from Sep. 2018 (0.00) to Sep. 2019 (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.


Alderon Iron Ore Days Inventory Historical Data

The historical data trend for Alderon Iron Ore'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.

Alderon Iron Ore Days Inventory Chart

Alderon Iron Ore Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Days Inventory
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Alderon Iron Ore Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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Competitive Comparison of Alderon Iron Ore's Days Inventory

For the Other Industrial Metals & Mining subindustry, Alderon Iron Ore'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.


Alderon Iron Ore's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Alderon Iron Ore's Days Inventory falls into.



Alderon Iron Ore Days Inventory Calculation

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

Alderon Iron Ore's Days Inventory for the fiscal year that ended in Dec. 2018 is calculated as

Days Inventory (A: Dec. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2017 ) + Total Inventories (A: Dec. 2018 )) / count ) / Cost of Goods Sold (A: Dec. 2018 )*Days in Period
=( (0 + 0) / 1 ) / 0.001*365
=0 / 0.001*365
=0.00

Alderon Iron Ore's Days Inventory for the quarter that ended in Sep. 2019 is calculated as:

Days Inventory (Q: Sep. 2019 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2019 ) + Total Inventories (Q: Sep. 2019 )) / count ) / Cost of Goods Sold (Q: Sep. 2019 )*Days in Period
=( (0 + 0) / 1 ) / 0.011*365 / 4
=0 / 0.011*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.


Alderon Iron Ore  (OTCPK:AXXDF) 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.

Alderon Iron Ore's Inventory Turnover for the three months ended in Sep. 2019 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.

Alderon Iron Ore's Inventory to Revenue for the three months ended in Sep. 2019 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.


Alderon Iron Ore Days Inventory Related Terms

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Alderon Iron Ore (Alderon Iron Ore) Business Description

Traded in Other Exchanges
N/A
Address
1140 West Pender Street, Suite 1240, Vancouver, BC, CAN, V6E 4G1
Alderon Iron Ore Corp is a Canada based development-stage company. It is conducting iron ore evaluation activities related entirely to its Canadian properties located in western Labrador in the province of Newfoundland and Labrador. The company's operating segment is the acquisition, exploration, and evaluation of mineral resources. Its flagship project is the Kami Iron Ore project located in the Labrador Trough.

Alderon Iron Ore (Alderon Iron Ore) Headlines