Victory Battery Metals (Victory Battery Metals) Days Inventory : 0.00 (As of Nov. 2023)

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What is Victory Battery Metals Days Inventory?

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

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

VRCFF's Days Inventory is not ranked ^*
in the Metals & Mining industry.
Industry Median: 88.19
* Ranked among companies with meaningful Days Inventory only.

Victory Battery Metals'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.

Victory Battery Metals Days Inventory Historical Data

The historical data trend for Victory Battery 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.

Victory Battery Metals Days Inventory Chart

Victory Battery Metals Annual Data

Trend

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Days Inventory

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Victory Battery Metals Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Victory Battery Metals's Days Inventory

For the Other Industrial Metals & Mining subindustry, Victory Battery 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.

Victory Battery Metals's Days Inventory Distribution in the Metals & Mining Industry

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

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

Victory Battery Metals Days Inventory Calculation

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

Victory Battery Metals'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 )	/	0.021	*	365
=	0					/	0.021	*	365
=	0.00

Victory Battery Metals'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 )	/	0.005	*	365 / 4
=	0					/	0.005	*	365 / 4
=	0.00

Victory Battery Metals (OTCPK:VRCFF) 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.

Victory Battery Metals's Inventory Turnover for the three months ended in Nov. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.005	/	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.

Victory Battery Metals's Inventory to Revenue for the three months ended in Nov. 2023 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.

Victory Battery Metals Days Inventory Related Terms

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

Victory Battery Metals (Victory Battery Metals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Victory Battery Metals Corp (OTCPK:VRCFF) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

VR60:Germany VR:Canada

Address

355 Burrard Street, Suite 1780, Vancouver, BC, CAN, V6C 2G8

Website

https://www.victorybatterymetals.com

Victory Battery Metals Corp is a Canadian mineral exploration company. The company operates through two segments namely Acquisition, Exploration, and Development of mineral properties and Administrative and Investing activities. Geographically, it operates in Canada and USA. Its projects portfolio includes Smokey Lithium, Mal-Wen, Loner Property, Hammond Reef South, Lac Simard, and Black Diablo.