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Haranga Resources (ASX:HAR) Days Inventory : 0.00 (As of Jun. 2023)


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What is Haranga Resources Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Haranga Resources's Average Total Inventories for the six months ended in Jun. 2023 was A$0.00 Mil. Haranga Resources's Cost of Goods Sold for the six months ended in Jun. 2023 was A$0.00 Mil.

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

ASX:HAR's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 88.19
* Ranked among companies with meaningful Days Inventory only.

Haranga Resources's Days Inventory stayed the same from Jun. 2022 (0.00) to Jun. 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.


Haranga Resources Days Inventory Historical Data

The historical data trend for Haranga 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.

Haranga Resources Days Inventory Chart

Haranga Resources Annual Data
Trend Dec22 Dec23
Days Inventory
- -

Haranga Resources Semi-Annual Data
Jun21 Jun22 Dec22 Jun23 Dec23
Days Inventory - - - - -

Competitive Comparison of Haranga Resources's Days Inventory

For the Other Precious Metals & Mining subindustry, Haranga 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.


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

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

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



Haranga Resources Days Inventory Calculation

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

Haranga Resources's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Haranga Resources's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2022 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 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.


Haranga Resources  (ASX:HAR) 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.

Haranga Resources's Inventory Turnover for the six months ended in Jun. 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.

Haranga Resources's Inventory to Revenue for the six months ended in Jun. 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.


Haranga Resources Days Inventory Related Terms

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


Haranga Resources (ASX:HAR) Business Description

Traded in Other Exchanges
Address
63 Shepperton Road, Suite 7, Victoria Park, WA, AUS, 6100
Haranga Resources Ltd is engaged in exploring gold and uranium assets in West Africa. Its project portfolio includes Issia Gold Project, Burkina Faso, Uranium Today, and Saraya Uranium Project.

Haranga Resources (ASX:HAR) Headlines

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