Rogue Resources (TSXV:RRS) Days Inventory : 985.50 (As of Jan. 2024)

View and export this data going back to 1985. Start your Free Trial

What is Rogue Resources Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Rogue Resources's Average Total Inventories for the three months ended in Jan. 2024 was C$0.11 Mil. Rogue Resources's Cost of Goods Sold for the three months ended in Jan. 2024 was C$0.01 Mil. Hence, Rogue Resources's Days Inventory for the three months ended in Jan. 2024 was 985.50.

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

TSXV:RRS' s Days Inventory Range Over the Past 10 Years
Min: 33.42 Med: 50.51 Max: 166.01
Current: 166.01

During the past 13 years, Rogue Resources's highest Days Inventory was 166.01. The lowest was 33.42. And the median was 50.51.

TSXV:RRS's Days Inventory is ranked worse than
79% of 662 companies
in the Metals & Mining industry
Industry Median: 88.535 vs TSXV:RRS: 166.01

Rogue Resources's Days Inventory increased from Jan. 2023 (88.68) to Jan. 2024 (985.50). It might indicate that Rogue Resources's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Rogue Resources's Inventory Turnover for the three months ended in Jan. 2024 was 0.09.

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. Rogue Resources's Inventory-to-Revenue for the three months ended in Jan. 2024 was 3.38.

Rogue Resources Days Inventory Historical Data

The historical data trend for Rogue 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.

* Premium members only.

Rogue Resources Days Inventory Chart

Rogue Resources Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Days Inventory

Get a 7-Day Free Trial

33.42

50.51

79.15

Rogue 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															88.68	-	89.95	72.51	985.50

Competitive Comparison of Rogue Resources's Days Inventory

For the Other Industrial Metals & Mining subindustry, Rogue 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.

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

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

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

Rogue Resources Days Inventory Calculation

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

Rogue Resources's Days Inventory for the fiscal year that ended in Apr. 2023 is calculated as

	Days Inventory (A: Apr. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Apr. 2022 )	+	Total Inventories (A: Apr. 2023 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2023 )	*	Days in Period
=	( (0.198	+	0.188)	/	2 )	/	0.89	*	365
=	0.193					/	0.89	*	365
=	79.15

Rogue 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
=	( (0.108	+	0.108)	/	2 )	/	0.01	*	365 / 4
=	0.108					/	0.01	*	365 / 4
=	985.50

Rogue Resources (TSXV:RRS) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.01	/	0.108
	=	0.09

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.

Rogue Resources's Inventory to Revenue for the three months ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.108	/	0.032
	=	3.38

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.

Rogue Resources Days Inventory Related Terms

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

Rogue Resources (TSXV:RRS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rogue Resources Inc (TSXV:RRS) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

GCRIF:USA

Address

150 King Street W., Toronto, ON, CAN, M5H 1J9

Website

https://www.rogueresources.ca

Rogue Resources Inc is an exploration-stage mining company. It is engaged in the business of exploring silica, nickel, and iron ore in Quebec and Ontario. The company's projects include Snow White Project, Silicon Ridge Project, Radio Hill project, and Langmuir project. Its Snow White Project is located northwest of the town of Massey. The Silicon Ridge Project is in the northeast of Quebec City. Its Radio Hill property is on the southwest of Timmins, Ontario. The Langmuir project is in the south of South Porcupine, Ontario.

Rogue Resources (TSXV:RRS) Headlines

No Headlines