GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Piedmont Lithium Inc (ASX:PLL) » Definitions » Days Inventory

Piedmont Lithium (ASX:PLL) Days Inventory : 0.00 (As of Mar. 2024)


View and export this data going back to 1983. Start your Free Trial

What is Piedmont Lithium Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Piedmont Lithium's Average Total Inventories for the three months ended in Mar. 2024 was A$0.00 Mil. Piedmont Lithium's Cost of Goods Sold for the three months ended in Mar. 2024 was A$19.38 Mil. Hence, Piedmont Lithium's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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

ASX:PLL's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 88.535
* Ranked among companies with meaningful Days Inventory only.

Piedmont Lithium's Days Inventory stayed the same from Mar. 2023 (0.00) to Mar. 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. Piedmont Lithium's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.


Piedmont Lithium Days Inventory Historical Data

The historical data trend for Piedmont Lithium'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.

Piedmont Lithium Days Inventory Chart

Piedmont Lithium Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Piedmont Lithium Quarterly Data
Mar19 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -

Competitive Comparison of Piedmont Lithium's Days Inventory

For the Other Industrial Metals & Mining subindustry, Piedmont Lithium'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.


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

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

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



Piedmont Lithium Days Inventory Calculation

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

Piedmont Lithium'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 ) / 51.003*365
=0 / 51.003*365
=0.00

Piedmont Lithium's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 19.383*365 / 4
=0 / 19.383*365 / 4
=0.00

* 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.


Piedmont Lithium  (ASX:PLL) 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.

Piedmont Lithium's Inventory Turnover for the three months ended in Mar. 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.

Piedmont Lithium's Inventory to Revenue for the three months ended in Mar. 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.


Piedmont Lithium Days Inventory Related Terms

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


Piedmont Lithium (ASX:PLL) Business Description

Traded in Other Exchanges
Address
42 E Catawba Street, Belmont, NC, USA, 28012
Piedmont Lithium Inc, is a lithium-based company focused on the development of its Piedmont Lithium Project located within the Carolina TinSpodumene Belt (''TSB'') and along trend to the Hallman Beam and Kings Mountain mines.