GLLK (Gold Lakes) Days Inventory : 0.00 (As of Apr. 2017)

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What is Gold Lakes Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Gold Lakes's Average Total Inventories for the three months ended in Apr. 2017 was $0.00 Mil. Gold Lakes's Cost of Goods Sold for the three months ended in Apr. 2017 was $0.00 Mil.

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

GLLK's Days Inventory is not ranked ^*
in the Metals & Mining industry.
Industry Median: 87.65
* Ranked among companies with meaningful Days Inventory only.

Gold Lakes's Days Inventory stayed the same from Apr. 2016 (0.00) to Apr. 2017 (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.

Gold Lakes Days Inventory Historical Data

The historical data trend for Gold Lakes'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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Gold Lakes Days Inventory Chart

Gold Lakes Annual Data

Trend

Jul08

Jul09

Jul10

Jul11

Jul12

Jul13

Jul14

Jul15

Jul16

Days Inventory

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Gold Lakes Quarterly Data
	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Gold Lakes's Days Inventory

For the Gold subindustry, Gold Lakes'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.

Gold Lakes's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Gold Lakes's Days Inventory falls into.

Gold Lakes Days Inventory Calculation

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

Gold Lakes's Days Inventory for the fiscal year that ended in Jul. 2016 is calculated as

	Days Inventory (A: Jul. 2016 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Jul. 2015 )	+	Total Inventories (A: Jul. 2016 ))	/	count )	/	Cost of Goods Sold (A: Jul. 2016 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

Gold Lakes's Days Inventory for the quarter that ended in Apr. 2017 is calculated as:

	Days Inventory (Q: Apr. 2017 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jan. 2017 )	+	Total Inventories (Q: Apr. 2017 ))	/	count )	/	Cost of Goods Sold (Q: Apr. 2017 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365 / 4
=	0					/	0	*	365 / 4
=	N/A

Gold Lakes (GREY:GLLK) 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.

Gold Lakes's Inventory Turnover for the three months ended in Apr. 2017 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.

Gold Lakes's Inventory to Revenue for the three months ended in Apr. 2017 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.

Gold Lakes Days Inventory Related Terms

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

Gold Lakes Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gold Lakes Corp (GREY:GLLK) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

3401 Enterprise Parkway, Suite 340, Beachwood, OH, USA, 42122

Website

http://www.goldlakes.com

Gold Lakes Corp is involved in the business of mining and developing precious metals, mainly Gold. Its projects include The Big Monty property located in the north of Kirkland Lake and east of Timmins in Ontario and The Ponderosa property located in townships of Frecheville, Stoughton, and the Mistaken islands of Ontario, Canada.

Gold Lakes Headlines

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