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Solstice Minerals (ASX:SLS) Days Inventory : 0.00 (As of Dec. 2024)


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What is Solstice Minerals Days Inventory?

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

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

Solstice 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.


Solstice Minerals Days Inventory Historical Data

The historical data trend for Solstice 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.

Solstice Minerals Days Inventory Chart

Solstice Minerals Annual Data
Trend Jun22 Jun23 Jun24
Days Inventory
- - -

Solstice Minerals Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Days Inventory Get a 7-Day Free Trial - - - - -

Competitive Comparison of Solstice Minerals's Days Inventory

For the Other Industrial Metals & Mining subindustry, Solstice 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.


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

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

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


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Solstice Minerals Days Inventory Calculation

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

Solstice 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

Solstice 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.


Solstice Minerals  (ASX:SLS) 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.

Solstice 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.

Solstice 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.


Solstice Minerals Days Inventory Related Terms

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


Solstice Minerals Business Description

Traded in Other Exchanges
N/A
Address
454 Roberts Road, Unit 2, Subiaco, WA, AUS, 6008
Solstice Minerals Ltd is engaged in mineral exploration and development. Solstice Minerals projects are the Yarri Project, Kalgoorlie Project and Ponton Project.