Global Lithium Resources (ASX:GL1) Days Inventory : 0.00 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Global Lithium Resources Days Inventory?

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

ASX:GL1's Days Inventory is not ranked ^*
in the Metals & Mining industry.
Industry Median: 87.15
* Ranked among companies with meaningful Days Inventory only.

Global Lithium 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.

Global Lithium Resources Days Inventory Historical Data

The historical data trend for Global Lithium 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.

Global Lithium Resources Days Inventory Chart

Global Lithium Resources Annual Data

Trend

Jun21

Jun22

Jun23

Days Inventory

Global Lithium Resources Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Global Lithium Resources's Days Inventory

For the Other Industrial Metals & Mining subindustry, Global Lithium 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.

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

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

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

Global Lithium Resources Days Inventory Calculation

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

Global Lithium 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

Global Lithium 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

Global Lithium Resources (ASX:GL1) 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.

Global Lithium 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.

Global Lithium 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.

Global Lithium Resources Days Inventory Related Terms

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

Global Lithium Resources (ASX:GL1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Global Lithium Resources Ltd (ASX:GL1) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

16 Ventnor Avenue, Level 1, Perth, WA, AUS, 6005

Website

https://www.globallithium.com.au

Global Lithium Resources Ltd is an emerging lithium exploration company with a primary 100% focus on the Marble Bar Lithium Project in the Pilbara region of Western Australia and an 80% interest in the exploration rights and future mining rights to lithium and lithium associated comineral rights in the Manna Lithium Project.

Global Lithium Resources (ASX:GL1) Headlines

No Headlines