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Rockfire Resources (AQSE:ROCK.GB) Days Inventory : 0.00 (As of Jun. 2023)


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What is Rockfire Resources Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Rockfire Resources's Average Total Inventories for the six months ended in Jun. 2023 was £0.00 Mil. Rockfire Resources's Cost of Goods Sold for the six months ended in Jun. 2023 was £0.00 Mil.

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

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

Rockfire Resources's Days Inventory stayed the same from Jun. 2022 (0.00) to Jun. 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.


Rockfire Resources Days Inventory Historical Data

The historical data trend for Rockfire Resources'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.

Rockfire Resources Days Inventory Chart

Rockfire Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
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Rockfire Resources Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Rockfire Resources's Days Inventory

For the Other Precious Metals & Mining subindustry, Rockfire Resources'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.


Rockfire Resources's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Rockfire Resources's Days Inventory falls into.



Rockfire Resources Days Inventory Calculation

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

Rockfire Resources's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

Days Inventory (A: Dec. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2021 ) + Total Inventories (A: Dec. 2022 )) / count ) / Cost of Goods Sold (A: Dec. 2022 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Rockfire Resources's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 2
=0 / 0*365 / 2
=N/A

* 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.


Rockfire Resources  (AQSE:ROCK.GB) 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.

Rockfire Resources's Inventory Turnover for the six months ended in Jun. 2023 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.

Rockfire Resources's Inventory to Revenue for the six months ended in Jun. 2023 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.


Rockfire Resources Days Inventory Related Terms

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


Rockfire Resources (AQSE:ROCK.GB) Business Description

Traded in Other Exchanges
Address
3-7 Temple Avenue, 201 Temple Chambers, London, GBR, EC4Y 0DT
Rockfire Resources PLC is an exploration company with a portfolio of wholly owned near-surface gold and large-scale copper projects in Queensland, Australia. The company has only one reportable segment which is exploration for gold and copper resources. The company's flagship project, the Plateau Gold Deposit, is part of the Lighthouse Tenement, and bears geological resemblances to the Mt Wright project. Its copper projects, Copperhead and Copper Dome, are indicative of large-scale porphyry targets.

Rockfire Resources (AQSE:ROCK.GB) Headlines

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