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NWXPF (Newport Exploration) Days Inventory : 0.00 (As of Oct. 2024)


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What is Newport Exploration Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Newport Exploration's Average Total Inventories for the three months ended in Oct. 2024 was $0.00 Mil. Newport Exploration's Cost of Goods Sold for the three months ended in Oct. 2024 was $0.01 Mil. Hence, Newport Exploration's Days Inventory for the three months ended in Oct. 2024 was 0.00.

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

NWXPF's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 87.07
* Ranked among companies with meaningful Days Inventory only.

Newport Exploration's Days Inventory stayed the same from Oct. 2023 (0.00) to Oct. 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.


Newport Exploration Days Inventory Historical Data

The historical data trend for Newport Exploration'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.

Newport Exploration Days Inventory Chart

Newport Exploration Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Days Inventory
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Newport Exploration Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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Competitive Comparison of Newport Exploration's Days Inventory

For the Other Industrial Metals & Mining subindustry, Newport Exploration'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.


Newport Exploration's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Newport Exploration's Days Inventory falls into.



Newport Exploration Days Inventory Calculation

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

Newport Exploration's Days Inventory for the fiscal year that ended in Jul. 2024 is calculated as

Days Inventory (A: Jul. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jul. 2023 ) + Total Inventories (A: Jul. 2024 )) / count ) / Cost of Goods Sold (A: Jul. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 0.047*365
=0 / 0.047*365
=0.00

Newport Exploration's Days Inventory for the quarter that ended in Oct. 2024 is calculated as:

Days Inventory (Q: Oct. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jul. 2024 ) + Total Inventories (Q: Oct. 2024 )) / count ) / Cost of Goods Sold (Q: Oct. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 0.012*365 / 4
=0 / 0.012*365 / 4
=0.00

* 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.


Newport Exploration  (OTCPK:NWXPF) 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.

Newport Exploration's Inventory Turnover for the three months ended in Oct. 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.

Newport Exploration's Inventory to Revenue for the three months ended in Oct. 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.


Newport Exploration Days Inventory Related Terms

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


Newport Exploration Business Description

Traded in Other Exchanges
Address
2168 Marine Drive, Suite 202, West Vancouver, Vancouver, BC, CAN, V7V 1K3
Newport Exploration Ltd is an exploration stage company engaged in the acquisition and exploration of resource properties. The company holds an interest in the Cooper Basin in Australia, an onshore oil and gas development area operated by Beach Energy, and derives royalty income from this interest. It also holds an interest in Chu Chua, a sulphide deposit located north of Kamloops, British Columbia. The company operates in a single segment with its exploration asset in Canada, and its royalty income being derived from Australia.

Newport Exploration Headlines