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Cadence Minerals (LSE:KDNC) Days Inventory : 0.00 (As of Jun. 2024)


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What is Cadence Minerals Days Inventory?

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

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

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

Cadence Minerals'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.


Cadence Minerals Days Inventory Historical Data

The historical data trend for Cadence 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.

Cadence Minerals Days Inventory Chart

Cadence Minerals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
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Cadence Minerals 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 Cadence Minerals's Days Inventory

For the Other Industrial Metals & Mining subindustry, Cadence 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.


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

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

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



Cadence Minerals Days Inventory Calculation

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

Cadence Minerals'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

Cadence Minerals'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.


Cadence Minerals  (LSE:KDNC) 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.

Cadence Minerals'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.

Cadence Minerals'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.


Cadence Minerals Days Inventory Related Terms

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


Cadence Minerals Business Description

Traded in Other Exchanges
Address
c/o Hill Dickinson LLP, Primrose Street, The Broadgate Tower, London, GBR, EC2A 2EW
Cadence Minerals PLC is engaged in identifying, investing, and developing Mineral resources. The Group is also exploring other mining-related opportunities. The company invests across the globe, principally in lithium mining projects. The company projects include Sonora Lithium, Cinovec Lithium, Yangibana Rare Earth Project, and Macarthur Minerals Projects where the Sonora Lithium Project consists of over 10 concessions confer rights for exploration, mining, and production, the Cinovec Lithium Project hosts tin deposit, the Karibib Lithium Project consists of five existing Exclusive Prospecting Licenses (EPLs) in the region and Yangibana Project hosts extensive rare earths-bearing ferrocarbonatite/ironstone veins.

Cadence Minerals Headlines

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