ValOre Metals (TSXV:VO) Days Inventory : 0.00 (As of Mar. 2024)

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What is ValOre Metals Days Inventory?

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

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

TSXV:VO's Days Inventory is not ranked ^*
in the Other Energy Sources industry.
Industry Median: 32.53
* Ranked among companies with meaningful Days Inventory only.

ValOre Metals's Days Inventory stayed the same from Dec. 2022 (0.00) to Mar. 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.

ValOre Metals Days Inventory Historical Data

The historical data trend for ValOre 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.

ValOre Metals Days Inventory Chart

ValOre Metals Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Days Inventory

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ValOre Metals Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of ValOre Metals's Days Inventory

For the Uranium subindustry, ValOre 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.

ValOre Metals's Days Inventory Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, ValOre Metals's Days Inventory distribution charts can be found below:

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

ValOre Metals Days Inventory Calculation

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

ValOre Metals's Days Inventory for the fiscal year that ended in Sep. 2023 is calculated as

	Days Inventory (A: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Sep. 2022 )	+	Total Inventories (A: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.04	*	365
=	0					/	0.04	*	365
=	0.00

ValOre Metals's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

	Days Inventory (Q: Mar. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.004	*	365 / 4
=	0					/	0.004	*	365 / 4
=	0.00

ValOre Metals (TSXV:VO) 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.

ValOre Metals's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.004	/	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.

ValOre Metals's Inventory to Revenue for the three months ended in Mar. 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.

ValOre Metals Days Inventory Related Terms

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

ValOre Metals (TSXV:VO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » ValOre Metals Corp (TSXV:VO) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

KVLQF:USA KEQ0:Germany

Address

800 West Pender Street, Suite 1020, Vancouver, BC, CAN, V6C 2V6

Website

https://www.valoremetals.com

ValOre Metals Corp is a Canadian-based exploration-stage company. It focuses on the acquisition, exploration, and development of mineral resources. Pedra Branca, Angilak, Baffin Gold, Genesis and Hatchet Lake are some of the assets that the company possesses. It has two geographical segments that include Canada and Brazil.

Executives

James R. Paterson

Director, Senior Officer