Winsome Resources (ASX:WR1) Days Inventory : 0.00 (As of Dec. 2023)

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What is Winsome Resources Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Winsome Resources's Average Total Inventories for the six months ended in Dec. 2023 was A$0.00 Mil. Winsome 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 Winsome Resources's Days Inventory or its related term are showing as below:

ASX:WR1's Days Inventory is not ranked ^*
in the Metals & Mining industry.
Industry Median: 88.19
* Ranked among companies with meaningful Days Inventory only.

Winsome 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.

Winsome Resources Days Inventory Historical Data

The historical data trend for Winsome 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.

Winsome Resources Days Inventory Chart

Winsome Resources Annual Data

Trend

Jun22

Jun23

Days Inventory

Winsome Resources Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	-	-	-	-	-

Competitive Comparison of Winsome Resources's Days Inventory

For the Other Industrial Metals & Mining subindustry, Winsome 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.

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

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

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

Winsome Resources Days Inventory Calculation

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

Winsome 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

Winsome 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

Winsome Resources (ASX:WR1) 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.

Winsome 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.

Winsome 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.

Winsome Resources Days Inventory Related Terms

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

Winsome Resources (ASX:WR1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Winsome Resources Ltd (ASX:WR1) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

WRSLF:USA 4XJ:Germany

Address

16 Ord Street, Level 1, West Perth, WA, AUS, 6005

Website

https://www.winsomeresources.com.au

Winsome Resources Ltd is engaged in the exploration of lithium. The company's established portfolio of exploration lithium projects is in the James Bay Region of Quebec Province, Canada. The company operates through five projects - Cancet, Adina, Sirmac-Clapier, Decelles, and Mazarac.

Winsome Resources (ASX:WR1) Headlines

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