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Mining Global (Mining Global) Days Inventory : 0.00 (As of Aug. 2023)


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What is Mining Global Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Mining Global's Average Total Inventories for the six months ended in Aug. 2023 was $0.00 Mil. Mining Global's Cost of Goods Sold for the six months ended in Aug. 2023 was $0.00 Mil.

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

MNGG's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 88.535
* Ranked among companies with meaningful Days Inventory only.

Mining Global's Days Inventory stayed the same from Aug. 2021 (0.00) to Aug. 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.


Mining Global Days Inventory Historical Data

The historical data trend for Mining Global'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.

Mining Global Days Inventory Chart

Mining Global Annual Data
Trend Aug10 Aug11 Aug12 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Mining Global Semi-Annual Data
Aug08 Aug09 Aug10 Aug11 Aug12 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Mining Global's Days Inventory

For the Gold subindustry, Mining Global'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.


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

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

* The bar in red indicates where Mining Global's Days Inventory falls into.



Mining Global Days Inventory Calculation

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

Mining Global's Days Inventory for the fiscal year that ended in Aug. 2022 is calculated as

Days Inventory (A: Aug. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Aug. 2021 ) + Total Inventories (A: Aug. 2022 )) / count ) / Cost of Goods Sold (A: Aug. 2022 )*Days in Period
=( (0 + 0) / 1 ) / -0.203*365
=0 / -0.203*365
=N/A

Mining Global's Days Inventory for the quarter that ended in Aug. 2023 is calculated as:

Days Inventory (Q: Aug. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Aug. 2022 ) + Total Inventories (Q: Aug. 2023 )) / count ) / Cost of Goods Sold (Q: Aug. 2023 )*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.


Mining Global  (OTCPK:MNGG) 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.

Mining Global's Inventory Turnover for the six months ended in Aug. 2023 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.

Mining Global's Inventory to Revenue for the six months ended in Aug. 2023 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.


Mining Global Days Inventory Related Terms

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


Mining Global (Mining Global) Business Description

Traded in Other Exchanges
N/A
Address
500 S Australian Avenue, Suite 600, West Palm Beach, FL, USA, 33401
Mining Global Inc is primarily engaged in the acquisition, exploration, and development of mineral properties. The company focuses on mineral deposits of lead, zinc, copper, silver, gold or uranium capable of commercial extraction.
Executives
Gregory K Clements director, officer: Chief Financial Officer 240 MARTIN ST. #3, BLAINE WA 98230
Cedric N Atkinson director, 10 percent owner, officer: Chief Executive Officer 240 MARTIN ST. #3, BLAINE WA 98230
Oxygen Management Group, Ltd. 10 percent owner 240 MARTIN STREET, SUITE 3, BLAINE WA 98230
Lindsay Edward Gorrill director 611 E. SHERMAN AVE., COEUR D'ALENE ID 83814
David K Ryan officer: Vice-President of Finance P.O. BOX 61605, BROOKSWOOD RPO, LANGLEY A1 V3A 8C8
Jarrett F Bousquet director, 10 percent owner, officer: President,Secretary&Treasurer 240 MARTIN STREET, #3, BLAINE WA 98230
Shane Epp officer: Executive Vice President 2154 WEST 45TH AVENUE, VANCOUVER A1 V6M 2J1

Mining Global (Mining Global) Headlines

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