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Red Hill Minerals (ASX:RHI) Days Inventory : 0.00 (As of Dec. 2024)


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What is Red Hill Minerals Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Red Hill Minerals's Average Total Inventories for the six months ended in Dec. 2024 was A$0.00 Mil. Red Hill Minerals'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 Red Hill Minerals's Days Inventory or its related term are showing as below:

ASX:RHI's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 86.255
* Ranked among companies with meaningful Days Inventory only.

Red Hill Minerals'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.


Red Hill Minerals Days Inventory Historical Data

The historical data trend for Red Hill Minerals'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.

Red Hill Minerals Days Inventory Chart

Red Hill Minerals Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Days Inventory
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Red Hill Minerals 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 Red Hill Minerals's Days Inventory

For the Other Industrial Metals & Mining subindustry, Red Hill Minerals'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.


Red Hill Minerals's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Red Hill Minerals's Days Inventory falls into.


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Red Hill Minerals Days Inventory Calculation

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

Red Hill Minerals'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

Red Hill Minerals'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.


Red Hill Minerals  (ASX:RHI) 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.

Red Hill Minerals'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.

Red Hill Minerals'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.


Red Hill Minerals Days Inventory Related Terms

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


Red Hill Minerals Business Description

Traded in Other Exchanges
N/A
Address
9 Havelock Street, Level 2, West Perth, Perth, WA, AUS, 6005
Red Hill Minerals Ltd is an exploration company that focuses on the exploration of non-ferrous minerals over the RHIOJV tenements in the Western Pilbara region of Western Australia. Exploration targets include precious (gold) and battery metals. The company is also progressing the development of its Pannawonica Channel Iron Deposits (CID) and rock quarrying opportunities from its Three Peaks project. Its projects portfolio includes Red Hill Minerals West Pilbara Project, Mineral Resources Ltd Ashburton Hub - Royalty, Pannawonica Iron Ore, and Three Peaks Hard Rock Deposit.