Askari Metals (ASX:AS2) Days Inventory : 0.00 (As of Dec. 2023)

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What is Askari Metals Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Askari Metals's Average Total Inventories for the six months ended in Dec. 2023 was A$0.00 Mil. Askari Metals'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 Askari Metals's Days Inventory or its related term are showing as below:

ASX:AS2's Days Inventory is not ranked ^*
in the Metals & Mining industry.
Industry Median: 86.88
* Ranked among companies with meaningful Days Inventory only.

Askari Metals'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.

Askari Metals Days Inventory Historical Data

The historical data trend for Askari Metals'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.

Askari Metals Days Inventory Chart

Askari Metals Annual Data

Trend

Jun22

Jun23

Days Inventory

Askari Metals Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	-	-	-	-	-

Competitive Comparison of Askari Metals's Days Inventory

For the Other Precious Metals & Mining subindustry, Askari Metals'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.

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

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

* The bar in red indicates where Askari Metals's Days Inventory falls into.

Askari Metals Days Inventory Calculation

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

Askari Metals'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

Askari Metals'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

Askari Metals (ASX:AS2) 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.

Askari Metals'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.

Askari Metals'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.

Askari Metals Days Inventory Related Terms

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

Askari Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Askari Metals Ltd (ASX:AS2) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

7ZG:Germany

Address

17 Lacey Street, Perth, WA, AUS, 6000

Website

https://www.askarimetals.com

Askari Metals Ltd is engaged in the gold and lithium exploration. The company's projects are UiS Lithium Project, Nambia Australian Lithium and REE Portfolio and Gold-Copper Projects.

Askari Metals Headlines

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