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Poseidon Nickel (Poseidon Nickel) Days Inventory : 0.00 (As of Dec. 2023)


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What is Poseidon Nickel Days Inventory?

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

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

PSDNF's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 88.655
* Ranked among companies with meaningful Days Inventory only.

Poseidon Nickel's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 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. Poseidon Nickel's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.


Poseidon Nickel Days Inventory Historical Data

The historical data trend for Poseidon Nickel'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.

Poseidon Nickel Days Inventory Chart

Poseidon Nickel Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Days Inventory
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Poseidon Nickel Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Poseidon Nickel's Days Inventory

For the Other Industrial Metals & Mining subindustry, Poseidon Nickel'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.


Poseidon Nickel's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Poseidon Nickel's Days Inventory falls into.



Poseidon Nickel Days Inventory Calculation

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

Poseidon Nickel's Days Inventory for the fiscal year that ended in Jun. 2023 is calculated as

Days Inventory (A: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Cost of Goods Sold (A: Jun. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Poseidon Nickel'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: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Cost of Goods Sold (Q: Dec. 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.


Poseidon Nickel  (OTCPK:PSDNF) 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.

Poseidon Nickel's Inventory Turnover for the six 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.

Poseidon Nickel's Inventory to Revenue for the six 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.


Poseidon Nickel Days Inventory Related Terms

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


Poseidon Nickel (Poseidon Nickel) Business Description

Traded in Other Exchanges
Address
3 Ord Street, Level 1, West Perth, Perth, WA, AUS, 6005
Poseidon Nickel Ltd is involved in the exploration, mining, and production of nickel and other minerals. The company's projects include the Lake Johnston Project, Mt Windarra, Black Swan Project and Windarra Gold Tailings project . It has one operating segment, being Nickel and Other Mineral Exploration and Evaluation in Australia.

Poseidon Nickel (Poseidon Nickel) Headlines