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Aurcana Silver (Aurcana Silver) Days Inventory : 3,996.75 (As of Sep. 2022)


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What is Aurcana Silver Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Aurcana Silver's Average Total Inventories for the three months ended in Sep. 2022 was $1.75 Mil. Aurcana Silver's Cost of Goods Sold for the three months ended in Sep. 2022 was $0.04 Mil. Hence, Aurcana Silver's Days Inventory for the three months ended in Sep. 2022 was 3,996.75.

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

AUNFF's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 88.64
* Ranked among companies with meaningful Days Inventory only.

Aurcana Silver's Days Inventory declined from Sep. 2021 (34,410.38) to Sep. 2022 (3,996.75).

Inventory Turnover measures how fast the company turns over its inventory within a year. Aurcana Silver's Inventory Turnover for the three months ended in Sep. 2022 was 0.02.

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.


Aurcana Silver Days Inventory Historical Data

The historical data trend for Aurcana Silver'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.

Aurcana Silver Days Inventory Chart

Aurcana Silver Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.55 32.54 33.99 35.26 9,413.60

Aurcana Silver Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34,410.38 6,721.03 1,117.38 1,295.53 3,996.75

Competitive Comparison of Aurcana Silver's Days Inventory

For the Silver subindustry, Aurcana Silver'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.


Aurcana Silver's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Aurcana Silver's Days Inventory falls into.



Aurcana Silver Days Inventory Calculation

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

Aurcana Silver's Days Inventory for the fiscal year that ended in Dec. 2021 is calculated as

Days Inventory (A: Dec. 2021 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2020 ) + Total Inventories (A: Dec. 2021 )) / count ) / Cost of Goods Sold (A: Dec. 2021 )*Days in Period
=( (0.142 + 2.076) / 2 ) / 0.043*365
=1.109 / 0.043*365
=9,413.60

Aurcana Silver's Days Inventory for the quarter that ended in Sep. 2022 is calculated as:

Days Inventory (Q: Sep. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2022 ) + Total Inventories (Q: Sep. 2022 )) / count ) / Cost of Goods Sold (Q: Sep. 2022 )*Days in Period
=( (1.752 + 1.752) / 2 ) / 0.04*365 / 4
=1.752 / 0.04*365 / 4
=3,996.75

* 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.


Aurcana Silver  (OTCPK:AUNFF) 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.

Aurcana Silver's Inventory Turnover for the three months ended in Sep. 2022 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.

Aurcana Silver's Inventory to Revenue for the three months ended in Sep. 2022 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.


Aurcana Silver Days Inventory Related Terms

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


Aurcana Silver (Aurcana Silver) Business Description

Traded in Other Exchanges
N/A
Address
789 West Pender Street, Suite 850, Vancouver, BC, CAN, V6C 1H2
Aurcana Silver Corp is engaged in the exploration, development, and operation of natural properties. The company's reportable segments are Ouray Project, Shafter Project, and Corporate and other segments. The company's project includes Revenue-Virginius Mine and Shafter silver property.

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