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Vertical Exploration (TSXV:VERT) Days Inventory : 0.00 (As of Nov. 2023)


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What is Vertical Exploration Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Vertical Exploration's Average Total Inventories for the three months ended in Nov. 2023 was C$0.00 Mil. Vertical Exploration's Cost of Goods Sold for the three months ended in Nov. 2023 was C$0.01 Mil. Hence, Vertical Exploration's Days Inventory for the three months ended in Nov. 2023 was 0.00.

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

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

Vertical Exploration's Days Inventory stayed the same from Nov. 2022 (0.00) to Nov. 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.


Vertical Exploration Days Inventory Historical Data

The historical data trend for Vertical Exploration'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.

Vertical Exploration Days Inventory Chart

Vertical Exploration Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Days Inventory
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Vertical Exploration Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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Competitive Comparison of Vertical Exploration's Days Inventory

For the Other Industrial Metals & Mining subindustry, Vertical Exploration'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.


Vertical Exploration's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Vertical Exploration's Days Inventory falls into.



Vertical Exploration Days Inventory Calculation

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

Vertical Exploration's Days Inventory for the fiscal year that ended in Feb. 2023 is calculated as

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

Vertical Exploration's Days Inventory for the quarter that ended in Nov. 2023 is calculated as:

Days Inventory (Q: Nov. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Aug. 2023 ) + Total Inventories (Q: Nov. 2023 )) / count ) / Cost of Goods Sold (Q: Nov. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 0.014*365 / 4
=0 / 0.014*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.


Vertical Exploration  (TSXV:VERT) 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.

Vertical Exploration's Inventory Turnover for the three months ended in Nov. 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.

Vertical Exploration's Inventory to Revenue for the three months ended in Nov. 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.


Vertical Exploration Days Inventory Related Terms

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


Vertical Exploration (TSXV:VERT) Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 1240, Vancouver, BC, CAN, V6C 1H2
Vertical Exploration Inc is a junior mining company. It is engaged in the acquisition, exploration development, and evaluation of mineral properties in Canada. It has one project namely, St. Onge Wollastonite is located in Quebec, Canada.
Executives
Ernest Brisbane Director

Vertical Exploration (TSXV:VERT) Headlines

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