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KGFMF (Kingfisher Metals) Days Inventory : 0.00 (As of Sep. 2024)


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What is Kingfisher Metals Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Kingfisher Metals's Average Total Inventories for the three months ended in Sep. 2024 was $0.00 Mil. Kingfisher Metals's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.02 Mil. Hence, Kingfisher Metals's Days Inventory for the three months ended in Sep. 2024 was 0.00.

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

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

Kingfisher Metals's Days Inventory stayed the same from Sep. 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.


Kingfisher Metals Days Inventory Historical Data

The historical data trend for Kingfisher 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.

* Premium members only.

Kingfisher Metals Days Inventory Chart

Kingfisher Metals Annual Data
Trend Nov19 Nov20 Dec21 Dec22 Dec23
Days Inventory
- - - - -

Kingfisher Metals Quarterly Data
Nov19 Nov20 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 - - - - -

Competitive Comparison of Kingfisher Metals's Days Inventory

For the Other Precious Metals & Mining subindustry, Kingfisher 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.


Kingfisher Metals's Days Inventory Distribution in the Metals & Mining Industry

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

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


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Kingfisher Metals Days Inventory Calculation

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

Kingfisher 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 ) / 0.061*365
=0 / 0.061*365
=0.00

Kingfisher 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 ) / 0.017*365 / 4
=0 / 0.017*365 / 4
=0.00

* 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.


Kingfisher Metals  (OTCPK:KGFMF) 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.

Kingfisher Metals'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.

Kingfisher Metals'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.


Kingfisher Metals Days Inventory Related Terms

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


Kingfisher Metals Business Description

Traded in Other Exchanges
Address
1710 - 1050 W. Pender Street, Vancouver, BC, CAN, V6E 3S7
Kingfisher Metals Corp is an exploration company focused on underexplored district-scale projects in British Columbia. It has three district-scale projects that offer potential exposure to high-grade gold, copper, silver, and zinc. Its projects include the Ecstall Project, the Goldrange Project, and the Thibert Project.