Quadro Resources (TSXV:QRO) Days Inventory : 0.00 (As of Jan. 2024)

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What is Quadro Resources Days Inventory?

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

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

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

Quadro Resources'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.

Quadro Resources Days Inventory Historical Data

The historical data trend for Quadro Resources'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.

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Quadro Resources Days Inventory Chart

Quadro Resources Annual Data

Trend

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Days Inventory

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Quadro Resources 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															-	-	-	-	-

Competitive Comparison of Quadro Resources's Days Inventory

For the Gold subindustry, Quadro Resources'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.

Quadro Resources's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Quadro Resources's Days Inventory falls into.

Quadro Resources Days Inventory Calculation

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

Quadro Resources'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	*	365
=	0					/	0	*	365
=	N/A

Quadro Resources'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	*	365 / 4
=	0					/	0	*	365 / 4
=	N/A

Quadro Resources (TSXV:QRO) 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.

Quadro Resources's Inventory Turnover for the three months ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	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.

Quadro Resources's Inventory to Revenue for the three months ended in Jan. 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.

Quadro Resources Days Inventory Related Terms

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

Quadro Resources (TSXV:QRO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Quadro Resources Ltd (TSXV:QRO) » Definitions » Days Inventory

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QDROF:USA

Address

1040 West Georgia Street, Suite 1400, Vancouver, BC, CAN, V6E 4H1

Website

https://www.quadroresources.com

Quadro Resources Ltd is engaged in the acquisition, exploration, development and evaluation of assets in Canada. It derives majority of its revenues from exploration business and has operations spread across Canada. It has projects in Newfoundland and Labrador region namely Staghorn Gold Project , Long Lake Property and Tulks South Property.

Executives

Terrance Barry Coughlan

Director, Senior Officer

Quadro Resources (TSXV:QRO) Headlines

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