Days Inventory is also known as Days Sales of Inventory (DSI). Victoria Gold's Average Total Inventories for the
three
months ended in Mar. 2024 was C$221.5 Mil. Victoria Gold's Cost of Goods Sold for the
three
months ended in Mar. 2024 was C$74.0 Mil.
Hence, Victoria Gold's Days Inventory for the
three
months ended in Mar. 2024 was 273.16.
The historical rank and industry rank for Victoria Gold's Days Inventory or its related term are showing as below:
TSX:VGCX'
s Days Inventory Range Over the Past 10 Years
Min: 199.35 Med: 252.67 Max: 308.93
Current: 238.86
During the past 13 years, Victoria Gold's highest Days Inventory was 308.93. The lowest was 199.35. And the median was 252.67.
TSX:VGCX's Days Inventory is ranked worse than 86.45% of 664
companies
in the Metals & Mining industry
Industry Median: 88.535
vs TSX:VGCX: 238.86
Victoria Gold's Days Inventory
increased
from Mar. 2023 (262.82) to Mar. 2024 (273.16).
It might indicate that Victoria Gold's sales slowed down.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Victoria Gold's Inventory Turnover for the
three
months ended in Mar. 2024 was 0.33.
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.
Victoria Gold's Inventory-to-Revenue for the
three
months ended in Mar. 2024 was 2.67.
Victoria Gold Days Inventory Historical Data
The historical data trend for Victoria 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.
Competitive Comparison of Victoria Gold's Days Inventory
For the Gold subindustry, Victoria 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.
Victoria Gold's Days Inventory Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Victoria Gold's Days Inventory distribution charts can be found below:
* The bar in red indicates where Victoria Gold's Days Inventory falls into.
Victoria Gold Days Inventory Calculation
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Victoria Gold's Days Inventory for the fiscal year that ended in Dec. 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.
Victoria Gold (TSX:VGCX) 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.
Victoria Gold's Inventory Turnover for the
three
months ended in Mar. 2024 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.
Victoria Gold's Inventory to Revenue for the
three
months ended in Mar. 2024 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.
Victoria Gold Days Inventory Related Terms
Thank you for viewing the detailed overview of Victoria Gold's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.
Victoria Gold Corp is engaged in the acquisition, evaluation, and exploration of mineral properties. Its mining project includes The Eagle Gold Project in Yukon Canada. Eagle is an open pit, heap leach operation located approximately 375 kilometers north of the capital city of Whitehorse. The exploration potential of the company's 100% owned greater Dublin Gulch property is good and includes priority targets Olive-Shamrock and Nugget-Raven.
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