Lithium Americas (TSX:LAC) Days Inventory : 0.00 (As of Mar. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Lithium Americas Days Inventory?

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

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

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

Lithium Americas's Days Inventory stayed the same from Mar. 2023 (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.

Lithium Americas Days Inventory Historical Data

The historical data trend for Lithium Americas'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.

Lithium Americas Days Inventory Chart

Lithium Americas Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Days Inventory

Lithium Americas Quarterly Data
	Dec20	Dec21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Days Inventory	Get a 7-Day Free Trial					-	-	-	-	-

Competitive Comparison of Lithium Americas's Days Inventory

For the Other Industrial Metals & Mining subindustry, Lithium Americas'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.

Lithium Americas's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Lithium Americas's Days Inventory falls into.

Lithium Americas Days Inventory Calculation

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

Lithium Americas's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

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

Lithium Americas'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	*	365 / 4
=	0					/	0	*	365 / 4
=	N/A

Lithium Americas (TSX:LAC) 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.

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	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.

Lithium Americas'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.

Lithium Americas Days Inventory Related Terms

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

Lithium Americas (TSX:LAC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lithium Americas Corp (TSX:LAC) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

LAC:USA WUC:Germany WUC:Germany

Address

900 West Hastings Street, Suite 300, Vancouver, BC, CAN, V6C 1E5

Website

https://www.lithiumamericas.com

Lithium Americas is a pure-play lithium producer. The firm owns one resource, Thacker Pass, that is located in northwest Nevada. Thacker Pass recently began construction and is expected to begin production in the mid-2020s. Thacker Pass is one of the largest known lithium resources in the world. The project would be the first clay-based asset to enter production, and we estimate it will be in bottom half of the global cost curve. Management plans to develop Thacker Pass into a fully integrated lithium production site, with downstream refining capabilities on site, and will sell into the lithium chemical market.