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Energy Resources of Australia (ASX:ERA) Days Inventory : 0.00 (As of Dec. 2024)


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What is Energy Resources of Australia Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Energy Resources of Australia's Average Total Inventories for the six months ended in Dec. 2024 was A$7.60 Mil. Energy Resources of Australia's Cost of Goods Sold for the six months ended in Dec. 2024 was A$-36.23 Mil.

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

ASX:ERA' s Days Inventory Range Over the Past 10 Years
Min: 263.82   Med: 669.26   Max: 5669.17
Current: 5669.17

During the past 13 years, Energy Resources of Australia's highest Days Inventory was 5669.17. The lowest was 263.82. And the median was 669.26.

ASX:ERA's Days Inventory is ranked worse than
100% of 120 companies
in the Other Energy Sources industry
Industry Median: 33.86 vs ASX:ERA: 5669.17

Energy Resources of Australia's Days Inventory declined from Dec. 2023 (5,542.24) to Dec. 2024 (0.00).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Energy Resources of Australia's Inventory Turnover for the six months ended in Dec. 2024 was -4.77.

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.


Energy Resources of Australia Days Inventory Historical Data

The historical data trend for Energy Resources of Australia'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.

Energy Resources of Australia Days Inventory Chart

Energy Resources of Australia Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 636.22 263.82 423.55 3,887.75 5,669.17

Energy Resources of Australia Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 29,186.06 2,546.55 5,542.24 3,988.85 -

Competitive Comparison of Energy Resources of Australia's Days Inventory

For the Uranium subindustry, Energy Resources of Australia'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.


Energy Resources of Australia's Days Inventory Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Energy Resources of Australia's Days Inventory distribution charts can be found below:

* The bar in red indicates where Energy Resources of Australia's Days Inventory falls into.


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Energy Resources of Australia Days Inventory Calculation

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

Energy Resources of Australia's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (7.315 + 7.254) / 2 ) / 0.469*365
=7.2845 / 0.469*365
=5,669.17

Energy Resources of Australia's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (7.941 + 7.254) / 2 ) / -36.23*365 / 2
=7.5975 / -36.23*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.


Energy Resources of Australia  (ASX:ERA) 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.

Energy Resources of Australia's Inventory Turnover for the six months ended in Dec. 2024 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.

Energy Resources of Australia's Inventory to Revenue for the six months ended in Dec. 2024 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.


Energy Resources of Australia Days Inventory Related Terms

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


Energy Resources of Australia Business Description

Traded in Other Exchanges
Address
24 Mitchell Street, GPO Box 2394, Level 8, TIO Centre, Darwin, NT, AUS, 0801
Energy Resources of Australia Ltd (ERA) is engaged in mining, processing, and sale of uranium oxide. It operates the Ranger uranium mine. The Ranger mine's operational infrastructure lies within the 79-square kilometer Ranger Project Area, which is located eight kilometers east of Jabiru and 260 kilometers east of Darwin, in the Northern Territory of Australia. It has one reportable segment being, the selling of uranium and site rehabilitation.

Energy Resources of Australia Headlines

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