Alpha Lithium (NEOE:ALLI) Days Inventory : 0.00 (As of Sep. 2023)

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What is Alpha Lithium Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Alpha Lithium's Average Total Inventories for the three months ended in Sep. 2023 was C$0.00 Mil. Alpha Lithium's Cost of Goods Sold for the three months ended in Sep. 2023 was C$0.08 Mil. Hence, Alpha Lithium's Days Inventory for the three months ended in Sep. 2023 was 0.00.

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

NEOE:ALLI's Days Inventory is not ranked ^*
in the Metals & Mining industry.
Industry Median: 88.57
* Ranked among companies with meaningful Days Inventory only.

Alpha Lithium's Days Inventory stayed the same from Sep. 2022 (0.00) to Sep. 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.

Alpha Lithium Days Inventory Historical Data

The historical data trend for Alpha Lithium'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.

Alpha Lithium Days Inventory Chart

Alpha Lithium Annual Data

Trend

Oct13

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Dec20

Dec21

Dec22

Days Inventory

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Alpha Lithium Quarterly Data
	Oct18	Jan19	Apr19	Jul19	Oct19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Alpha Lithium's Days Inventory

For the Other Industrial Metals & Mining subindustry, Alpha Lithium'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.

Alpha Lithium's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Alpha Lithium's Days Inventory falls into.

Alpha Lithium Days Inventory Calculation

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

Alpha Lithium's Days Inventory for the fiscal year that ended in Dec. 2022 is calculated as

	Days Inventory (A: Dec. 2022 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2022 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.123	*	365
=	0					/	0.123	*	365
=	0.00

Alpha Lithium's Days Inventory for the quarter that ended in Sep. 2023 is calculated as:

	Days Inventory (Q: Sep. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.075	*	365 / 4
=	0					/	0.075	*	365 / 4
=	0.00

Alpha Lithium (NEOE:ALLI) 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.

Alpha Lithium's Inventory Turnover for the three months ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.075	/	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.

Alpha Lithium's Inventory to Revenue for the three months ended in Sep. 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.

Alpha Lithium Days Inventory Related Terms

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

Alpha Lithium (NEOE:ALLI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alpha Lithium Corp (NEOE:ALLI) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

535 Thurlow Street, Suite 801, Vancouver, BC, CAN, V6E 3L2

Website

https://www.alphalithium.com

Alpha Lithium Corp is a Canada-based exploration company. It is focused on the acquisition and development of high-grade lithium brine deposits. The company holds an interest in the Tolillar Project.

Alpha Lithium (NEOE:ALLI) Headlines

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