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Latitude 66 (ASX:LAT) Days Inventory : 0.00 (As of Dec. 2024)


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What is Latitude 66 Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Latitude 66's Average Total Inventories for the six months ended in Dec. 2024 was A$0.00 Mil. Latitude 66's Cost of Goods Sold for the six months ended in Dec. 2024 was A$0.00 Mil.

The historical rank and industry rank for Latitude 66's Days Inventory or its related term are showing as below:

ASX:LAT's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 86.27
* Ranked among companies with meaningful Days Inventory only.

Latitude 66's Days Inventory stayed the same from Dec. 2023 (0.00) to Dec. 2024 (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.


Latitude 66 Days Inventory Historical Data

The historical data trend for Latitude 66'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.

Latitude 66 Days Inventory Chart

Latitude 66 Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Days Inventory
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Latitude 66 Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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Competitive Comparison of Latitude 66's Days Inventory

For the Gold subindustry, Latitude 66'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.


Latitude 66's Days Inventory Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Latitude 66's Days Inventory distribution charts can be found below:

* The bar in red indicates where Latitude 66's Days Inventory falls into.


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Latitude 66 Days Inventory Calculation

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

Latitude 66'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

Latitude 66'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
=( (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.


Latitude 66  (ASX:LAT) 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.

Latitude 66'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.

Latitude 66'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.


Latitude 66 Days Inventory Related Terms

Thank you for viewing the detailed overview of Latitude 66's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Latitude 66 Business Description

Traded in Other Exchanges
N/A
Address
Unit 1, 72 Kings Park Road, Ground Floor, Perth, WA, AUS, 6005
Latitude 66 Ltd is engaged in development and exploration projects providing exposure to gold and critical minerals in safe mining jurisdictions in Finland and Australia. Its project include Kuusamo Schist Belt, Greater Duchess JV, Sylvania Project and Edjudina Project.

Latitude 66 Headlines

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