Sipa Resources (ASX:SRI) Days Inventory : 0.00 (As of Dec. 2023)

View and export this data going back to 1990. Start your Free Trial

What is Sipa Resources Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sipa Resources's Average Total Inventories for the six months ended in Dec. 2023 was A$0.00 Mil. Sipa Resources's Cost of Goods Sold for the six months ended in Dec. 2023 was A$0.00 Mil.

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

ASX:SRI's Days Inventory is not ranked ^*
in the Metals & Mining industry.
Industry Median: 88.64
* Ranked among companies with meaningful Days Inventory only.

Sipa Resources's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (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.

Sipa Resources Days Inventory Historical Data

The historical data trend for Sipa Resources'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.

Sipa Resources Days Inventory Chart

Sipa Resources Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Days Inventory

Get a 7-Day Free Trial

Sipa Resources Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Sipa Resources's Days Inventory

For the Gold subindustry, Sipa Resources'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.

Sipa Resources's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Sipa Resources's Days Inventory falls into.

Sipa Resources Days Inventory Calculation

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

Sipa Resources's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

	Days Inventory (A: Jun. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jun. 2022 )	+	Total Inventories (A: Jun. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jun. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

Sipa Resources's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365 / 2
=	0					/	0	*	365 / 2
=	N/A

Sipa Resources (ASX:SRI) 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.

Sipa Resources's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0
	=

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.

Sipa Resources's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0
	=

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.

Sipa Resources Days Inventory Related Terms

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

Sipa Resources (ASX:SRI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sipa Resources Ltd (ASX:SRI) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

12-20 Railway Road, Unit 5, First Floor, Subaico Court, Subaico, Perth, WA, AUS, 6008

Website

https://www.sipa.com.au

Sipa Resources Ltd is a gold, base metals, and nickel exploration company. It is engaged in acquisitions and exploration of mineral tenements. The company's projects include Paterson North, Kitgum Pader, Warralong Gold, Skeleton, Murchison and other projects. the Company has two reportable segments, which are exploration activities in Australia and exploration activities in Uganda.