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Dinero Ventures (TSXV:DNO) Days Inventory : 0.00 (As of Feb. 2024)


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What is Dinero Ventures Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Dinero Ventures's Average Total Inventories for the three months ended in Feb. 2024 was C$0.00 Mil. Dinero Ventures's Cost of Goods Sold for the three months ended in Feb. 2024 was C$0.00 Mil.

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

TSXV:DNO's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 88.535
* Ranked among companies with meaningful Days Inventory only.

Dinero Ventures's Days Inventory stayed the same from Feb. 2023 (0.00) to Feb. 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.


Dinero Ventures Days Inventory Historical Data

The historical data trend for Dinero Ventures'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.

Dinero Ventures Days Inventory Chart

Dinero Ventures Annual Data
Trend Nov21 Nov22 Nov23
Days Inventory
- - -

Dinero Ventures Quarterly Data
May21 Aug21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Dinero Ventures's Days Inventory

For the Gold subindustry, Dinero Ventures'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.


Dinero Ventures's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Dinero Ventures's Days Inventory falls into.



Dinero Ventures Days Inventory Calculation

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

Dinero Ventures's Days Inventory for the fiscal year that ended in Nov. 2023 is calculated as

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

Dinero Ventures's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

Days Inventory (Q: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 4
=0 / 0*365 / 4
=N/A

* 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.


Dinero Ventures  (TSXV:DNO) 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.

Dinero Ventures's Inventory Turnover for the three months ended in Feb. 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.

Dinero Ventures's Inventory to Revenue for the three months ended in Feb. 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.


Dinero Ventures Days Inventory Related Terms

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


Dinero Ventures (TSXV:DNO) Business Description

Traded in Other Exchanges
N/A
Address
905 Columbia Street, Box 224, Stewart, BC, CAN, V0T 1W0
Website
Dinero Ventures Ltd is engaged in the business of exploration of mineral properties. The company owns a 100% interest in the Raven Project located in the Lillooet Mining Division of British Columbia, Canada.

Dinero Ventures (TSXV:DNO) Headlines

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