DiscovEx Resources (ASX:DCX) Days Inventory : 0.00 (As of Dec. 2023)

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What is DiscovEx Resources Days Inventory?

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

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

DiscovEx Resources'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.

DiscovEx Resources Days Inventory Historical Data

The historical data trend for DiscovEx 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.

DiscovEx Resources Days Inventory Chart

DiscovEx Resources Annual Data

Trend

Jun14

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Jun23

Days Inventory

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DiscovEx Resources 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 DiscovEx Resources's Days Inventory

For the Gold subindustry, DiscovEx 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.

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

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

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

DiscovEx Resources Days Inventory Calculation

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

DiscovEx Resources'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

DiscovEx Resources'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

DiscovEx Resources (ASX:DCX) 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.

DiscovEx Resources'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.

DiscovEx Resources'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.

DiscovEx Resources Days Inventory Related Terms

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

DiscovEx Resources (ASX:DCX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » DiscovEx Resources Ltd (ASX:DCX) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 1, 72 Kings Park Road, Ground Floor, Perth, WA, AUS, 6005

Website

https://www.discovexresources.com.au

DiscovEx Resources Ltd is a resources company engaged mineral exploration and evaluation in relation to its gold and base metals mineral resources in WA. The Company continued its exploration and evaluation activities at the Newington Project, Sylvania Project in the Pilbara region and the Edjudina Gold Project in the southern Laverton district in Western Australia.

DiscovEx Resources (ASX:DCX) Headlines

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