Nouveau Monde Graphite (Nouveau Monde Graphite) Days Inventory : 0.00 (As of Mar. 2024)

View and export this data going back to 2014. Start your Free Trial

What is Nouveau Monde Graphite Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Nouveau Monde Graphite's Average Total Inventories for the three months ended in Mar. 2024 was $0.00 Mil. Nouveau Monde Graphite's Cost of Goods Sold for the three months ended in Mar. 2024 was $2.38 Mil. Hence, Nouveau Monde Graphite's Days Inventory for the three months ended in Mar. 2024 was 0.00.

The historical rank and industry rank for Nouveau Monde Graphite's Days Inventory or its related term are showing as below:

NMG's Days Inventory is not ranked ^*
in the Metals & Mining industry.
Industry Median: 88.57
* Ranked among companies with meaningful Days Inventory only.

Nouveau Monde Graphite's Days Inventory stayed the same from Mar. 2023 (0.00) to Mar. 2024 (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.

Nouveau Monde Graphite Days Inventory Historical Data

The historical data trend for Nouveau Monde Graphite'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.

Nouveau Monde Graphite Days Inventory Chart

Nouveau Monde Graphite Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Get a 7-Day Free Trial

Nouveau Monde Graphite Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Nouveau Monde Graphite's Days Inventory

For the Other Industrial Metals & Mining subindustry, Nouveau Monde Graphite'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.

Nouveau Monde Graphite's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Nouveau Monde Graphite's Days Inventory falls into.

Nouveau Monde Graphite Days Inventory Calculation

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

Nouveau Monde Graphite'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 )	/	7.442	*	365
=	0					/	7.442	*	365
=	0.00

Nouveau Monde Graphite's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	2.381	*	365 / 4
=	0					/	2.381	*	365 / 4
=	0.00

Nouveau Monde Graphite (NYSE:NMG) 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.

Nouveau Monde Graphite's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.381	/	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.

Nouveau Monde Graphite's Inventory to Revenue for the three months ended in Mar. 2024 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.

Nouveau Monde Graphite Days Inventory Related Terms

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

Nouveau Monde Graphite (Nouveau Monde Graphite) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nouveau Monde Graphite Inc (NYSE:NMG) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

NM9A:Germany NM9A:Germany NOU:Canada

Address

481 Brassard Street, Saint-Michel-des-Saints, QC, CAN, J0K 3B0

Website

https://www.nmg.com

Nouveau Monde Graphite Inc is a mineral exploration company. The company specializes in the exploration, evaluation, and development of mineral properties located in Quebec and is developing a natural graphite-based anode material that would qualify as battery-grade material to supply the lithium-ion industry. The company currently operates in two segments: the Matawinie Mine Project and the Battery Material Plant project.