RDEMF (Red Eagle Mining) Days Inventory: 0.00 (As of Jun. 2018)

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What is Red Eagle Mining Days Inventory?

Red Eagle Mining RDEMF -99.00% Days Inventory is 0.00 as of Jun. 2018.

Days Inventory is also known as Days Sales of Inventory (DSI). Red Eagle Mining's Average Total Inventories for the three months ended in Jun. 2018 was $6.02 Mil. Red Eagle Mining's Cost of Goods Sold for the three months ended in Jun. 2018 was $0.00 Mil.

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

RDEMF's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 86.41
* Ranked among companies with meaningful Days Inventory only.

Red Eagle Mining's Days Inventory stayed the same from Jun. 2017 (0.00) to Jun. 2018 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year. Red Eagle Mining's Inventory Turnover for the three months ended in Jun. 2018 was 0.00.

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.


Red Eagle Mining  (OTCPK:RDEMF) 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.

Red Eagle Mining's Inventory Turnover for the three months ended in Jun. 2018 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.

Red Eagle Mining's Inventory to Revenue for the three months ended in Jun. 2018 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.


Red Eagle Mining Days Inventory Related Terms


Red Eagle Mining Days Inventory Historical Data

* Premium members only.

The historical data trend for Red Eagle Mining'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.

Red Eagle Mining Days Inventory Chart

Red Eagle Mining Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Days Inventory
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Red Eagle Mining Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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 0.00 0.00 0.00 0.00 0.00

RDEMF vs DTRC, THMG: Days Inventory Comparison

For the Gold subindustry, Red Eagle Mining'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.


Red Eagle Mining Days Inventory vs Metals & Mining Industry

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

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



Red Eagle Mining Days Inventory Calculation

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

Red Eagle Mining's Days Inventory for the fiscal year that ended in Dec. 2017 is calculated as

Days Inventory (A: Dec. 2017 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2016 ) + Total Inventories (A: Dec. 2017 )) / count ) / Cost of Goods Sold (A: Dec. 2017 )*Days in Period
=( (3.5 + 4.419) / 2 ) / 0*365
=3.9595 / 0*365
=N/A

Red Eagle Mining's Days Inventory for the quarter that ended in Jun. 2018 is calculated as:

Days Inventory (Q: Jun. 2018 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2018 ) + Total Inventories (Q: Jun. 2018 )) / count ) / Cost of Goods Sold (Q: Jun. 2018 )*Days in Period
=( (6.89 + 5.158) / 2 ) / 0*365 / 4
=6.024 / 0*365 / 4
=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.

Frequently Asked Questions Learn more about Days Inventory →
What does a Days Inventory of 0.00 mean?
Red Eagle Mining (RDEMF) has a Days Inventory of 0.00 as of Jun. 2018. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Red Eagle Mining and its competitors.
Is Red Eagle Mining's Days Inventory too high?
Red Eagle Mining's current Days Inventory is 0.00.
How does Red Eagle Mining's Days Inventory compare to DTRC and THMG?
Red Eagle Mining's Days Inventory of 0.00 can be compared against companies in the Metals & Mining industry. The industry median Days Inventory is 86.41. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Metals & Mining company?
The median Days Inventory among Metals & Mining companies is 86.41, based on 685 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Red Eagle Mining and its competitors. For the Metals & Mining industry, the median Days Inventory is 86.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Red Eagle Mining's current Days Inventory is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Red Eagle Mining stock overvalued right now?
Red Eagle Mining (RDEMF) has a current Days Inventory of 0.00. The current Days Inventory is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Red Eagle Mining (RDEMF), the current Days Inventory is 0.00 as of Jun. 2018. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Red Eagle Mining Business Description

Address 666 Burrard Street, Suite 2348, Vancouver, BC, CAN, V6C 2X8
Red Eagle Mining Corp is a Canada-based development-stage company. It is engaged in the exploration and development of mineral properties. Geographically it operates in the countries of Canada and Colombia. It focuses on building shareholder value through discovering and developing gold projects with low costs and low technical risks in Colombia. The company primarily explores for Gold and owns interests in the Santa Rosa Gold Project located in Antioquia, Colombia covering an area of approximately 10,000 hectares.