GAYGQ (Montauk Metals) Days Inventory: (As of Sep. 2024)

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What is Montauk Metals Days Inventory?

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

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

GAYGQ's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 85.46
* Ranked among companies with meaningful Days Inventory only.

Montauk Metals's Days Inventory stayed the same from Sep. 2023 () to Sep. 2024 ().

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.

Montauk Metals  (OTCPK:GAYGQ) 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.

Montauk Metals'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.

Montauk Metals's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

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

* 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.

Montauk Metals Days Inventory Related Terms

Montauk Metals Days Inventory Historical Data

* Premium members only.

The historical data trend for Montauk Metals'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.

Montauk Metals Days Inventory Chart

Montauk Metals Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
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Montauk Metals Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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GAYGQ vs RNGG, NEM, AU: Days Inventory Comparison

For the Gold subindustry, Montauk Metals'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.

Montauk Metals Days Inventory vs Metals & Mining Industry

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

* The bar in red indicates where Montauk Metals's Days Inventory falls into.


Montauk Metals Days Inventory Calculation

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

Montauk Metals'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
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Montauk Metals'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

* 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.

Montauk Metals Business Description

Address 82 Richmond Street East, Suite 200, Toronto, ON, CAN, M5C 1P1
Galway Gold Inc. is a Canadian mineral exploration company focused on acquiring, exploring, and developing gold and precious metal resource properties in South America. Its principal asset is the Reina de Oro gold project in the Vetas mining district of Santander, Colombia, where it holds mineral rights covering a historic high-grade gold mining area. The company's activities center on geological mapping, sampling, and drilling to define and expand mineral resources, with the goal of advancing its properties toward development. As a junior exploration-stage company, Galway Gold does not generate revenue from mining operations; it funds exploration through equity financings and, historically, through option and joint-venture agreements with partners who can earn interests in its projects. The company was formerly known as Montauk Metals Inc. and is listed on Canadian securities exchanges.