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Northern Graphite (Northern Graphite) Days Inventory : 443.55 (As of Dec. 2023)


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What is Northern Graphite Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Northern Graphite's Average Total Inventories for the three months ended in Dec. 2023 was $14.67 Mil. Northern Graphite's Cost of Goods Sold for the three months ended in Dec. 2023 was $3.02 Mil. Hence, Northern Graphite's Days Inventory for the three months ended in Dec. 2023 was 443.55.

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

NGPHF' s Days Inventory Range Over the Past 10 Years
Min: 425.77   Med: 585.62   Max: 745.47
Current: 481.43

During the past 13 years, Northern Graphite's highest Days Inventory was 745.47. The lowest was 425.77. And the median was 585.62.

NGPHF's Days Inventory is ranked worse than
92.9% of 662 companies
in the Metals & Mining industry
Industry Median: 88.535 vs NGPHF: 481.43

Northern Graphite's Days Inventory declined from Dec. 2022 (592.15) to Dec. 2023 (443.55).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Northern Graphite's Inventory Turnover for the three months ended in Dec. 2023 was 0.21.

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. Northern Graphite's Inventory-to-Revenue for the three months ended in Dec. 2023 was 4.67.


Northern Graphite Days Inventory Historical Data

The historical data trend for Northern Graphite'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.

Northern Graphite Days Inventory Chart

Northern Graphite Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 745.47 423.05

Northern Graphite Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 592.15 474.06 605.21 485.85 443.55

Competitive Comparison of Northern Graphite's Days Inventory

For the Other Industrial Metals & Mining subindustry, Northern Graphite'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.


Northern Graphite's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Northern Graphite's Days Inventory falls into.



Northern Graphite Days Inventory Calculation

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

Northern Graphite'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
=( (13.445 + 12.768) / 2 ) / 11.308*365
=13.1065 / 11.308*365
=423.05

Northern Graphite'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: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=( (16.572 + 12.768) / 2 ) / 3.018*365 / 4
=14.67 / 3.018*365 / 4
=443.55

* 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.


Northern Graphite  (OTCPK:NGPHF) 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.

Northern Graphite's Inventory Turnover for the three months ended in Dec. 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.

Northern Graphite's Inventory to Revenue for the three months ended in Dec. 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.


Northern Graphite Days Inventory Related Terms

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


Northern Graphite (Northern Graphite) Business Description

Traded in Other Exchanges
Address
1000 Innovation Drive, Suite 500, Ottawa, ON, CAN, K2K 3E7
Northern Graphite Corp is a Canada-based exploration stage company engaged in the exploration and development of mineral resource properties. The company is focused on producing natural graphite and upgrading it into high-value products critical to the green economy including anode material for lithium-ion batteries/EVs, fuel cells, and graphene, as well as advanced industrial technologies. Its exploration and development activities are focused on the Bissett Creek Property in Ontario, Canada, and Okanjande in Namibia.

Northern Graphite (Northern Graphite) Headlines