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Empire Metals (TSXV:EP) Days Inventory : 0.00 (As of Sep. 2023)


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What is Empire Metals Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Empire Metals's Average Total Inventories for the three months ended in Sep. 2023 was C$0.00 Mil. Empire Metals's Cost of Goods Sold for the three months ended in Sep. 2023 was C$0.00 Mil.

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

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

Empire Metals's Days Inventory stayed the same from Sep. 2022 (0.00) to Sep. 2023 (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.


Empire Metals Days Inventory Historical Data

The historical data trend for Empire Metals'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.

Empire Metals Days Inventory Chart

Empire Metals Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Days Inventory
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Empire Metals Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Empire Metals's Days Inventory

For the Other Industrial Metals & Mining subindustry, Empire Metals'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.


Empire Metals's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Empire Metals's Days Inventory falls into.



Empire Metals Days Inventory Calculation

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

Empire Metals's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Empire Metals's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

Days Inventory (Q: Sep. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Sep. 2023 )) / count ) / Cost of Goods Sold (Q: Sep. 2023 )*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.


Empire Metals  (TSXV:EP) 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.

Empire Metals's Inventory Turnover for the three months ended in Sep. 2023 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.

Empire Metals's Inventory to Revenue for the three months ended in Sep. 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.


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.


Empire Metals Days Inventory Related Terms

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


Empire Metals (TSXV:EP) Business Description

Traded in Other Exchanges
N/A
Address
889 West Pender Street, Suite 702, Vancouver, BC, CAN, V6C 3B2
Empire Metals Corp is an exploration-stage company in Canada. The company is involved in the business of exploration and development of lithium aquifer brines in Fox Creek, Alberta; and the development and exploration of platinum, palladium, graphite, nickel, and gold in Thunder Bay and Northern Ontario, Canada. It also holds interest in Gwyn Lake and Graphite West Claims. It operates in one industry and geographic segment, the mineral resource industry with all current exploration activities conducted in Canada.