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GCUMF (Gunnison Copper) Days Inventory : 4,518.50 (As of Sep. 2024)


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What is Gunnison Copper Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Gunnison Copper's Average Total Inventories for the three months ended in Sep. 2024 was $1.39 Mil. Gunnison Copper's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.03 Mil. Hence, Gunnison Copper's Days Inventory for the three months ended in Sep. 2024 was 4,518.50.

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

GCUMF' s Days Inventory Range Over the Past 10 Years
Min: 36.27   Med: 181.38   Max: 496.85
Current: 106.21

During the past 13 years, Gunnison Copper's highest Days Inventory was 496.85. The lowest was 36.27. And the median was 181.38.

GCUMF's Days Inventory is ranked worse than
61.54% of 650 companies
in the Metals & Mining industry
Industry Median: 86.4 vs GCUMF: 106.21

Gunnison Copper's Days Inventory increased from Sep. 2023 (65.90) to Sep. 2024 (4,518.50). It might indicate that Gunnison Copper's sales slowed down.

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gunnison Copper's Inventory Turnover for the three months ended in Sep. 2024 was 0.02.

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.


Gunnison Copper Days Inventory Historical Data

The historical data trend for Gunnison Copper'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.

Gunnison Copper Days Inventory Chart

Gunnison Copper Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 294.98 491.32 36.26 59.37 65.82

Gunnison Copper Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 65.90 62.98 80.73 110.18 4,518.50

Competitive Comparison of Gunnison Copper's Days Inventory

For the Copper subindustry, Gunnison Copper'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.


Gunnison Copper's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Gunnison Copper's Days Inventory falls into.



Gunnison Copper Days Inventory Calculation

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

Gunnison Copper's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (1.741 + 1.341) / 2 ) / 8.545*365
=1.541 / 8.545*365
=65.82

Gunnison Copper's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (1.389 + 1.384) / 2 ) / 0.028*365 / 4
=1.3865 / 0.028*365 / 4
=4,518.50

* 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.


Gunnison Copper  (OTCPK:GCUMF) 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.

Gunnison Copper's Inventory Turnover for the three months ended in Sep. 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.

Gunnison Copper's Inventory to Revenue for the three months ended in Sep. 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.


Gunnison Copper Days Inventory Related Terms

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


Gunnison Copper Business Description

Traded in Other Exchanges
Address
2999 North 44th St., Suite 300, Concord Place, Phoenix, AZ, USA, 85018
Gunnison Copper Corp is a mineral exploration and production company that owns the Gunnison Copper Project in Cochise County, Arizona.tates. It is developed as a conventional open pit mining operation for copper cathode production. The Company also owns a portfolio of adjacent exploration projects, including the historical South Star deposit and the Peabody Sill and the Harris deposits.