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Red Mountain Mining (ASX:RMX) Days Inventory : 0.00 (As of Dec. 2024)


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What is Red Mountain Mining Days Inventory?

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

ASX:RMX's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 86.34
* Ranked among companies with meaningful Days Inventory only.

Red Mountain Mining'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 Mountain Mining Days Inventory Historical Data

The historical data trend for Red Mountain Mining'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 Mountain Mining Days Inventory Chart

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

For the Gold subindustry, Red Mountain Mining'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 Mountain Mining's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Red Mountain Mining's Days Inventory falls into.


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Red Mountain Mining Days Inventory Calculation

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

Red Mountain Mining'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 Mountain Mining'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 Mountain Mining  (ASX:RMX) 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 Mountain Mining'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 Mountain Mining'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 Mountain Mining Days Inventory Related Terms

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


Red Mountain Mining Business Description

Traded in Other Exchanges
Address
23 Railway Road, Suite 11, Level 2, Subiaco, Perth, WA, AUS, 6008
Red Mountain Mining Ltd is a mineral exploration company. The company operates only in one reportable segment being Mineral Exploration. The company project in the USA includes Lithic and Mustang Projects, in Australia includes Monjebup REEs Project, Koonenberry Gold, and Canada includes Fry lake Project. Its operating segments are Australia, United States of America (USA) and Canada.

Red Mountain Mining Headlines

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