Muzhu Mining (XCNQ:MUZU) Days Inventory : 0.00 (As of Dec. 2023)

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What is Muzhu Mining Days Inventory?

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

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

XCNQ:MUZU's Days Inventory is not ranked ^*
in the Metals & Mining industry.
Industry Median: 87.85
* Ranked among companies with meaningful Days Inventory only.

Muzhu Mining's Days Inventory stayed the same from Jun. 2022 (0.00) to Dec. 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.

Muzhu Mining Days Inventory Historical Data

The historical data trend for Muzhu Mining'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.

Muzhu Mining Days Inventory Chart

Muzhu Mining Annual Data

Trend

Dec20

Days Inventory

Muzhu Mining Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial							-	-	-	-	-

Competitive Comparison of Muzhu Mining's Days Inventory

For the Other Industrial Metals & Mining subindustry, Muzhu Mining'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.

Muzhu Mining's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Muzhu Mining's Days Inventory falls into.

Muzhu Mining Days Inventory Calculation

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

Muzhu Mining's Days Inventory for the fiscal year that ended in Dec. 2020 is calculated as

	Days Inventory (A: Dec. 2020 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: . 20 )	+	Total Inventories (A: Dec. 2020 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2020 )	*	Days in Period
=	( (	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

Muzhu Mining's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.002	*	365 / 4
=	0					/	0.002	*	365 / 4
=	0.00

Muzhu Mining (XCNQ:MUZU) 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.

Muzhu Mining's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.002	/	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.

Muzhu Mining's Inventory to Revenue for the three months ended in Dec. 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.

Muzhu Mining Days Inventory Related Terms

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

Muzhu Mining (XCNQ:MUZU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Muzhu Mining Ltd (XCNQ:MUZU) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

Y33:Germany

Address

777 Hornby Street, Suite 600, Vancouver, BC, CAN, V6Z 1S4

Website

https://www.muzhumining.com

Muzhu Mining Ltd is a junior exploration company operating in Quebec, and is engaged in exploration, development and mining of precious metals properties domestically and/or internationally and currently has exploration property agreements in Canada and China. The company holds 100% interest in the Sleeping Giant South Project, located in the Abitibi Greenstone Belt.

Executives

James Christopher Tworek

Deemed Insider - 6 Months before becoming Insider

Muzhu Mining (XCNQ:MUZU) Headlines

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