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Battle North Gold (Battle North Gold) Days Inventory : 74.21 (As of Mar. 2021)


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What is Battle North Gold Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Battle North Gold's Average Total Inventories for the three months ended in Mar. 2021 was $0.32 Mil. Battle North Gold's Cost of Goods Sold for the three months ended in Mar. 2021 was $0.40 Mil. Hence, Battle North Gold's Days Inventory for the three months ended in Mar. 2021 was 74.21.

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

BNAUF' s Days Inventory Range Over the Past 10 Years
Min: 60.4   Med: 103.72   Max: 3899
Current: 81.48

During the past 13 years, Battle North Gold's highest Days Inventory was 3899.00. The lowest was 60.40. And the median was 103.72.

BNAUF's Days Inventory is not ranked
in the Metals & Mining industry.
Industry Median: 88.535 vs BNAUF: 81.48

Battle North Gold's Days Inventory declined from Mar. 2020 (132.04) to Mar. 2021 (74.21).

Inventory Turnover measures how fast the company turns over its inventory within a year. Battle North Gold's Inventory Turnover for the three months ended in Mar. 2021 was 1.23.

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.


Battle North Gold Days Inventory Historical Data

The historical data trend for Battle North 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.

Battle North Gold Days Inventory Chart

Battle North Gold Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,820.06 84.53 60.92 115.45 89.64

Battle North Gold Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 132.04 130.13 68.84 72.46 74.21

Competitive Comparison of Battle North Gold's Days Inventory

For the Gold subindustry, Battle North 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.


Battle North Gold's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Battle North Gold's Days Inventory falls into.



Battle North Gold Days Inventory Calculation

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

Battle North Gold's Days Inventory for the fiscal year that ended in Dec. 2020 is calculated as

Days Inventory (A: Dec. 2020 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2019 ) + Total Inventories (A: Dec. 2020 )) / count ) / Cost of Goods Sold (A: Dec. 2020 )*Days in Period
=( (0.279 + 0.334) / 2 ) / 1.248*365
=0.3065 / 1.248*365
=89.64

Battle North Gold's Days Inventory for the quarter that ended in Mar. 2021 is calculated as:

Days Inventory (Q: Mar. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2020 ) + Total Inventories (Q: Mar. 2021 )) / count ) / Cost of Goods Sold (Q: Mar. 2021 )*Days in Period
=( (0.334 + 0.315) / 2 ) / 0.399*365 / 4
=0.3245 / 0.399*365 / 4
=74.21

* 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.


Battle North Gold  (OTCPK:BNAUF) 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.

Battle North Gold's Inventory Turnover for the three months ended in Mar. 2021 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.

Battle North Gold's Inventory to Revenue for the three months ended in Mar. 2021 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.


Battle North Gold Days Inventory Related Terms

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


Battle North Gold (Battle North Gold) Business Description

Traded in Other Exchanges
N/A
Address
121 King Street West, Suite 830, Toronto, ON, CAN, M5H 3T9
Battle North Gold Corp is an exploration company focused on gold mining. The company's projects include Bateman Gold Project, Red Lake Properties, Nevada Properties, and others.
Executives
Robert Ross Mcewen other: See Footnote (1) 2800-150 KING STREET WEST, P.O. BOX 24, TORONTO A6 M5H 1J9
Lexam Explorations (u.s.a.) Inc. other: See Footnote (1) below 99 GEORGE 3RD FLOOR TORONTO A6 M5A 2N4
Evanachan Ltd 10 percent owner, other: See Footnote (1) 99 GEORGE ST. 3RD FLOOR TORONTO A6 M5A 2N4
Mcewen Trading Lp other: See Footnote (1) 99 GEORGE ST. 3RD FLOOR TORONTO A6 M5A 2N4