Koba Resources (ASX:KOB) Days Inventory : 0.00 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Koba Resources Days Inventory?

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

ASX:KOB's Days Inventory is not ranked ^*
in the Metals & Mining industry.
Industry Median: 86.21
* Ranked among companies with meaningful Days Inventory only.

Koba 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. Koba Resources's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.

Koba Resources Days Inventory Historical Data

The historical data trend for Koba 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.

Koba Resources Days Inventory Chart

Koba Resources Annual Data

Trend

Jun23

Jun24

Days Inventory

Koba Resources Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24
Days Inventory	-	-	-	-

Competitive Comparison of Koba Resources's Days Inventory

For the Other Precious Metals & Mining subindustry, Koba 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.

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

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

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

Koba Resources Days Inventory Calculation

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

Koba Resources's Days Inventory for the fiscal year that ended in Jun. 2024 is calculated as

	Days Inventory (A: Jun. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2023 )	+	Total Inventories (A: Jun. 2024 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

Koba 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

Koba Resources (ASX:KOB) 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.

Koba 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.

Koba Resources's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.015
	=	0.00

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.

Koba Resources Days Inventory Related Terms

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

Koba Resources Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 Railway Road, Level 3, Suite 25, Subiaco, Perth, WA, AUS, 6008

Website

https://www.kobaresources.com

Koba Resources Ltd is engaged in the exploration of minerals. The projects of the company include the Blackpine Cobalt-Copper and Colson Cobalt-Copper Project, Panther Cobalt-Copper Project, Elkhorn Cobalt Project located in the Idaho Cobalt Belt; Whitlock Lithium Project, JB1 Lithium Project located in Canada; and Python Lithium Project in Australia.

Koba Resources Headlines

No Headlines