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Happy Creek Minerals (Happy Creek Minerals) Days Inventory : 0.00 (As of Oct. 2023)


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What is Happy Creek Minerals Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Happy Creek Minerals's Average Total Inventories for the three months ended in Oct. 2023 was $0.00 Mil. Happy Creek Minerals's Cost of Goods Sold for the three months ended in Oct. 2023 was $0.00 Mil.

The historical rank and industry rank for Happy Creek Minerals's Days Inventory or its related term are showing as below:

HPYCF's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 88.64
* Ranked among companies with meaningful Days Inventory only.

Happy Creek Minerals's Days Inventory stayed the same from Oct. 2022 (0.00) to Oct. 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.


Happy Creek Minerals Days Inventory Historical Data

The historical data trend for Happy Creek Minerals'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.

Happy Creek Minerals Days Inventory Chart

Happy Creek Minerals Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Days Inventory
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Happy Creek Minerals Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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Competitive Comparison of Happy Creek Minerals's Days Inventory

For the Other Industrial Metals & Mining subindustry, Happy Creek Minerals'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.


Happy Creek Minerals's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Happy Creek Minerals's Days Inventory falls into.



Happy Creek Minerals Days Inventory Calculation

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

Happy Creek Minerals's Days Inventory for the fiscal year that ended in Jan. 2023 is calculated as

Days Inventory (A: Jan. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jan. 2022 ) + Total Inventories (A: Jan. 2023 )) / count ) / Cost of Goods Sold (A: Jan. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Happy Creek Minerals's Days Inventory for the quarter that ended in Oct. 2023 is calculated as:

Days Inventory (Q: Oct. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jul. 2023 ) + Total Inventories (Q: Oct. 2023 )) / count ) / Cost of Goods Sold (Q: Oct. 2023 )*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.


Happy Creek Minerals  (OTCPK:HPYCF) 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.

Happy Creek Minerals's Inventory Turnover for the three months ended in Oct. 2023 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.

Happy Creek Minerals's Inventory to Revenue for the three months ended in Oct. 2023 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.


Happy Creek Minerals Days Inventory Related Terms

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


Happy Creek Minerals (Happy Creek Minerals) Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 460, Vancouver, BC, CAN, V6C 1H2
Happy Creek Minerals Ltd is a mineral exploration company engaged in the exploration and development of its mineral properties. Its projects include Rateria and West Valley Property, Abbott Lake Property and Tyner Lake Property. The company has a diversified metal exploration portfolio in a safe geopolitical jurisdiction and completed much of the early-stage exploration on its properties to resolve quality opportunities.

Happy Creek Minerals (Happy Creek Minerals) Headlines

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