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Cosmo Metals (ASX:CMO) Days Inventory : 0.00 (As of Dec. 2023)


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What is Cosmo Metals Days Inventory?

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

ASX:CMO's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 87.68
* Ranked among companies with meaningful Days Inventory only.

Cosmo 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.


Cosmo Metals Days Inventory Historical Data

The historical data trend for Cosmo 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.

Cosmo Metals Days Inventory Chart

Cosmo Metals Annual Data
Trend Jun23
Days Inventory
-

Cosmo Metals Semi-Annual Data
Dec22 Jun23 Dec23
Days Inventory - - -

Competitive Comparison of Cosmo Metals's Days Inventory

For the Other Industrial Metals & Mining subindustry, Cosmo 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.


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

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

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



Cosmo Metals Days Inventory Calculation

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

Cosmo 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: . 20 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( ( + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Cosmo 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

* 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.


Cosmo Metals  (ASX:CMO) 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.

Cosmo Metals's Inventory Turnover for the six months ended in Dec. 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.

Cosmo Metals's Inventory to Revenue for the six months ended in Dec. 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.


Cosmo Metals Days Inventory Related Terms

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


Cosmo Metals (ASX:CMO) Business Description

Traded in Other Exchanges
N/A
Address
Ord Street, Level 3, Perth, WA, AUS, 6005
Cosmo Metals Ltd is a base metals exploration company focused on the Yamarna Project.

Cosmo Metals (ASX:CMO) Headlines

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