NorthX Nickel (FRA:6YR) Days Inventory : 0.00 (As of Sep. 2024)

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What is NorthX Nickel Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). NorthX Nickel's Average Total Inventories for the three months ended in Sep. 2024 was €0.00 Mil. NorthX Nickel's Cost of Goods Sold for the three months ended in Sep. 2024 was €0.00 Mil.

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

FRA:6YR's Days Inventory is not ranked ^*
in the Metals & Mining industry.
Industry Median: 86.975
* Ranked among companies with meaningful Days Inventory only.

NorthX Nickel's Days Inventory stayed the same from Mar. 2023 (0.00) to Sep. 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.

NorthX Nickel Days Inventory Historical Data

The historical data trend for NorthX Nickel'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.

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NorthX Nickel Days Inventory Chart

NorthX Nickel Annual Data

Trend

Sep20

Sep21

Days Inventory

NorthX Nickel Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Mar24	Jun24	Sep24
Days Inventory	Get a 7-Day Free Trial													-	-	-	-	-

Competitive Comparison of NorthX Nickel's Days Inventory

For the Other Industrial Metals & Mining subindustry, NorthX Nickel'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.

NorthX Nickel's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where NorthX Nickel's Days Inventory falls into.

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NorthX Nickel Days Inventory Calculation

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

NorthX Nickel's Days Inventory for the fiscal year that ended in Sep. 2021 is calculated as

	Days Inventory (A: Sep. 2021 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Sep. 2020 )	+	Total Inventories (A: Sep. 2021 ))	/	count )	/	Cost of Goods Sold (A: Sep. 2021 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

NorthX Nickel'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
=	( (0	+	0)	/	1 )	/	0	*	365 / 4
=	0					/	0	*	365 / 4
=	N/A

NorthX Nickel (FRA:6YR) 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.

NorthX Nickel's Inventory Turnover for the three months ended in Sep. 2024 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.

NorthX Nickel's Inventory to Revenue for the three months ended in Sep. 2024 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.

NorthX Nickel Days Inventory Related Terms

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

NorthX Nickel Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » NorthX Nickel Corp (FRA:6YR) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

NXNIF:USA NIX:Canada

Address

200 Burrard Street, 1200 Waterfront Centre, Vancouver, BC, CAN, V7X 1T2

Website

https://www.archerexploration.com

NorthX Nickel Corp is focused on the exploration of mineral claims located in Québec and Ontario, Canada. The Company's primary mineral property is the Grasset Project in Quebec. The Company also holds a portfolio of 41 mineral properties in Ontario, of which 38 are situated in the Sudbury mining district.

NorthX Nickel Headlines

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