Astral Resources NL (ASX:AAR) Days Inventory : 0.00 (As of Dec. 2023)

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What is Astral Resources NL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Astral Resources NL's Average Total Inventories for the six months ended in Dec. 2023 was A$0.00 Mil. Astral Resources NL's Cost of Goods Sold for the six months ended in Dec. 2023 was A$0.00 Mil.

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

ASX:AAR's Days Inventory is not ranked ^*
in the Metals & Mining industry.
Industry Median: 86.88
* Ranked among companies with meaningful Days Inventory only.

Astral Resources NL's Days Inventory stayed the same from Dec. 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.

Astral Resources NL Days Inventory Historical Data

The historical data trend for Astral Resources NL'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.

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Astral Resources NL Days Inventory Chart

Astral Resources NL Annual Data

Trend

Jun14

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Jun23

Days Inventory

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Astral Resources NL Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Astral Resources NL's Days Inventory

For the Gold subindustry, Astral Resources NL'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.

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

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

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

Astral Resources NL Days Inventory Calculation

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

Astral Resources NL's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

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

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

Astral Resources NL (ASX:AAR) 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.

Astral Resources NL's Inventory Turnover for the six months ended in Dec. 2023 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.

Astral Resources NL's Inventory to Revenue for the six 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.

Astral Resources NL Days Inventory Related Terms

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

Astral Resources NL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Astral Resources NL (ASX:AAR) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

6 Lyall Street, Suite 2, South Perth, WA, AUS, 6151

Website

https://www.astralresources.com.au

Astral Resources NL is a resources company. It is organized into one operating segment, which involves exploration throughout Australia. The company is exploring for gold and base metals in Western Australia, its projects being: Feysville Gold, Koongie Park Gold and Base Metals Project, Mandilla Gold, Carnilya Hill Gold Project, and Leonora Base Metals.

Astral Resources NL Headlines

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