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LRSRF (Latin Resources) Days Inventory : 0.00 (As of Jun. 2024)


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What is Latin Resources Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Latin Resources's Average Total Inventories for the six months ended in Jun. 2024 was $0.00 Mil. Latin Resources's Cost of Goods Sold for the six months ended in Jun. 2024 was $0.00 Mil.

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

LRSRF's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 86.4
* Ranked among companies with meaningful Days Inventory only.

Latin Resources's Days Inventory stayed the same from Jun. 2023 (0.00) to Jun. 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.


Latin Resources Days Inventory Historical Data

The historical data trend for Latin Resources'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.

Latin Resources Days Inventory Chart

Latin Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
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Latin Resources Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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Competitive Comparison of Latin Resources's Days Inventory

For the Other Industrial Metals & Mining subindustry, Latin Resources'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.


Latin Resources's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Latin Resources's Days Inventory falls into.



Latin Resources Days Inventory Calculation

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

Latin Resources'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

Latin Resources's Days Inventory for the quarter that ended in Jun. 2024 is calculated as:

Days Inventory (Q: Jun. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count ) / Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 0*365 / 2
=0 / 0*365 / 2
=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.


Latin Resources  (OTCPK:LRSRF) 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.

Latin Resources's Inventory Turnover for the six months ended in Jun. 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.

Latin Resources's Inventory to Revenue for the six months ended in Jun. 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.


Latin Resources Days Inventory Related Terms

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


Latin Resources Business Description

Traded in Other Exchanges
Address
32 Harrogate Street, Unit 3, West Leederville, Perth, WA, AUS, 6007
Latin Resources Ltd is an Australian-based mineral exploration company, with projects in South America and Australia, that is developing mineral projects in commodities that progress world-wide efforts towards Net Zero emissions. The Company is focused on its flagship Colina Lithium Project in the pro-mining district of Minas Gerais Brazil, and also holds the Catamarca Lithium Project in Argentina. The Group's four operating segments are Australia, Brazil, Peru and Argentina.

Latin Resources Headlines

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