LEMIF (Leading Edge Materials) Days Inventory: (As of Jul. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

LEMIF Leading Edge Materials Corp LEMIF
31 GF Score
Price $0.18
! 1 Warning Sign
View Full Analysis

What is Leading Edge Materials Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Leading Edge Materials's Average Total Inventories for the three months ended in Jul. 2026 was $0.00 Mil. Leading Edge Materials's Cost of Goods Sold for the three months ended in Jul. 2026 was $0.03 Mil. Hence, Leading Edge Materials's Days Inventory for the three months ended in Jul. 2026 was 0.00.

The historical rank and industry rank for Leading Edge Materials's Days Inventory or its related term are showing as below:

During the past 13 years, Leading Edge Materials's highest Days Inventory was 2555.00. The lowest was 259.54. And the median was 571.73.

LEMIF's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 85.515
* Ranked among companies with meaningful Days Inventory only.

Leading Edge Materials's Days Inventory stayed the same from Jul. 2025 () to Jul. 2026 ().

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.


Leading Edge Materials  (OTCPK:LEMIF) 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.

Leading Edge Materials's Inventory Turnover for the three months ended in Jul. 2026 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.

Leading Edge Materials's Inventory to Revenue for the three months ended in Jul. 2026 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.


Leading Edge Materials Days Inventory Related Terms


Leading Edge Materials Days Inventory Historical Data

* Premium members only.

The historical data trend for Leading Edge Materials'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.

Leading Edge Materials Days Inventory Chart

Leading Edge Materials Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,006.39 939.50 448.47 367.09 -

Leading Edge Materials Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26 Jul26
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 Premium Member Only Premium Member Only Premium Member Only - - - - -

Leading Edge Materials Days Inventory Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Leading Edge Materials'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.


Leading Edge Materials Days Inventory vs Metals & Mining Industry

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

* The bar in red indicates where Leading Edge Materials's Days Inventory falls into.


LEMIF
31GF Score
Leading Edge Materials Corp LEMIF
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Leading Edge Materials Days Inventory Calculation

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

Leading Edge Materials's Days Inventory for the fiscal year that ended in Oct. 2025 is calculated as

Days Inventory (A: Oct. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Oct. 2024 ) + Total Inventories (A: Oct. 2025 )) / count ) / Cost of Goods Sold (A: Oct. 2025 )*Days in Period
=( (0 + 0) / 1 ) / 0.15228720242362*365
=0 / 0.15228720242362*365
=0.00

Leading Edge Materials's Days Inventory for the quarter that ended in Jul. 2026 is calculated as:

Days Inventory (Q: Jul. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Apr. 2026 ) + Total Inventories (Q: Jul. 2026 )) / count ) / Cost of Goods Sold (Q: Jul. 2026 )*Days in Period
=( (0 + 0) / 1 ) / 0.034102896154971*365 / 4
=0 / 0.034102896154971*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.


Leading Edge Materials Business Description

Address 1040 West Georgia Street, 14th Floor, Vancouver, BC, CAN, V6E 4H1
Leading Edge Materials Corp is involved in the exploration and development of resource properties in Sweden with corporate operations in Canada. It is focused on developing a portfolio of critical raw material projects located in the European Union. The portfolio of projects includes the Woxna Graphite mine (Sweden), the Norra Karr Heavy Rare Earths Elements (HREE) project (Sweden) and the Bihor Sud Nickel Cobalt exploration alliance (Romania).
31GF Score

Get the complete analysis for LEMIF

Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.18
Price