Future Metals NL (LSE:FME) Days Inventory : 0.00 (As of Dec. 2023)

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What is Future Metals NL Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Future Metals NL's Average Total Inventories for the six months ended in Dec. 2023 was £0.00 Mil. Future Metals NL's Cost of Goods Sold for the six months ended in Dec. 2023 was £0.00 Mil.

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

LSE:FME's Days Inventory is not ranked ^*
in the Metals & Mining industry.
Industry Median: 86.21
* Ranked among companies with meaningful Days Inventory only.

Future Metals NL's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 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.

Future Metals NL Days Inventory Historical Data

The historical data trend for Future Metals NL'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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Future Metals NL Days Inventory Chart

Future Metals NL Annual Data

Trend

Jun15

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Jun20

Jun21

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Jun24

Days Inventory

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Future Metals NL Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Future Metals NL's Days Inventory

For the Other Precious Metals & Mining subindustry, Future Metals NL'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.

Future Metals NL's Days Inventory Distribution in the Metals & Mining Industry

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

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

Future Metals NL Days Inventory Calculation

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

Future Metals NL's Days Inventory for the fiscal year that ended in Jun. 2024 is calculated as

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

Future Metals NL's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

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

Future Metals NL (LSE:FME) 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.

Future Metals NL's Inventory Turnover for the six months ended in Dec. 2023 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.

Future Metals NL's Inventory to Revenue for the six months ended in Dec. 2023 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.

Future Metals NL Days Inventory Related Terms

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Future Metals NL Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Future Metals NL (LSE:FME) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

FMELF:USA 3R10:Germany FME:Australia

Address

1060 Hay Street, Level 3, West Perth, Perth, WA, AUS, 6005

Website

https://www.future-metals.com.au

Future Metals NL is a mineral exploration company. Its Panton PGM Project is located in the East Kimberley Region of Western Australia. It explores platinum, palladium, gold, nickel, and copper. The company is also engaged in identifying targets in the Alice Downs Corridor located northeast of Panton.

Future Metals NL Headlines

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