GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Centurion Minerals Ltd (TSXV:CTN) » Definitions » Days Inventory

Centurion Minerals (TSXV:CTN) Days Inventory : 0.00 (As of Jan. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Centurion Minerals Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Centurion Minerals's Average Total Inventories for the three months ended in Jan. 2024 was C$0.00 Mil. Centurion Minerals's Cost of Goods Sold for the three months ended in Jan. 2024 was C$0.02 Mil. Hence, Centurion Minerals's Days Inventory for the three months ended in Jan. 2024 was 0.00.

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

During the past 13 years, Centurion Minerals's highest Days Inventory was 9855.00. The lowest was 50.69. And the median was 1128.18.

TSXV:CTN's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 87.85
* Ranked among companies with meaningful Days Inventory only.

Centurion Minerals's Days Inventory stayed the same from Jan. 2023 (0.00) to Jan. 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.


Centurion Minerals Days Inventory Historical Data

The historical data trend for Centurion 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.

Centurion Minerals Days Inventory Chart

Centurion Minerals Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,007.50 50.69 - - -

Centurion Minerals Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 - - - - -

Competitive Comparison of Centurion Minerals's Days Inventory

For the Other Industrial Metals & Mining subindustry, Centurion 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.


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

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

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



Centurion Minerals Days Inventory Calculation

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

Centurion Minerals's Days Inventory for the fiscal year that ended in Jul. 2023 is calculated as

Days Inventory (A: Jul. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jul. 2022 ) + Total Inventories (A: Jul. 2023 )) / count ) / Cost of Goods Sold (A: Jul. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 0.064*365
=0 / 0.064*365
=0.00

Centurion Minerals's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

Days Inventory (Q: Jan. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Oct. 2023 ) + Total Inventories (Q: Jan. 2024 )) / count ) / Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 0.015*365 / 4
=0 / 0.015*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.


Centurion Minerals  (TSXV:CTN) 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.

Centurion Minerals's Inventory Turnover for the three months ended in Jan. 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.

Centurion Minerals's Inventory to Revenue for the three months ended in Jan. 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.


Centurion Minerals Days Inventory Related Terms

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


Centurion Minerals (TSXV:CTN) Business Description

Traded in Other Exchanges
Address
470 Granville Street, Suite 520, Vancouver, BC, CAN, V6C 1V5
Centurion Minerals Ltd is engaged in the business of acquisition and exploration of mineral properties. The company has its operations in two geographic areas including Canada and Argentina. It is focused on the development of Ana Sofia Agri-Gypsum project. The project comprises over two mining concessions totaling approximately 50 hectares and is located in Santiago del Estero province, Argentina. In addition, it is also focused on identifying, developing and marketing calcium sulfate, for the markets of Argentina, Paraguay, Bolivia, Brazil, and Chile.

Centurion Minerals (TSXV:CTN) Headlines

No Headlines