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SGPTF (Sage Potash) Days Inventory : 0.00 (As of Sep. 2024)


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What is Sage Potash Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Sage Potash's Average Total Inventories for the three months ended in Sep. 2024 was $0.00 Mil. Sage Potash's Cost of Goods Sold for the three months ended in Sep. 2024 was $0.04 Mil. Hence, Sage Potash's Days Inventory for the three months ended in Sep. 2024 was 0.00.

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

SGPTF's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 86.4
* Ranked among companies with meaningful Days Inventory only.

Sage Potash's Days Inventory stayed the same from Sep. 2023 (0.00) to Sep. 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.

Sage Potash Days Inventory Historical Data

The historical data trend for Sage Potash'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.

Sage Potash Days Inventory Chart

Sage Potash Annual Data
Trend Mar23 Mar24
Days Inventory
- -

Sage Potash Quarterly Data
Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Sage Potash's Days Inventory

For the Other Industrial Metals & Mining subindustry, Sage Potash'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.

Sage Potash's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Sage Potash's Days Inventory falls into.


Sage Potash Days Inventory Calculation

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

Sage Potash's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 0.027*365
=0 / 0.027*365
=0.00

Sage Potash's Days Inventory for the quarter that ended in Sep. 2024 is calculated as:

Days Inventory (Q: Sep. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Jun. 2024 ) + Total Inventories (Q: Sep. 2024 )) / count ) / Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 0.044*365 / 4
=0 / 0.044*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.

Sage Potash  (OTCPK:SGPTF) 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.

Sage Potash's Inventory Turnover for the three months ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.044 / 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.

Sage Potash's Inventory to Revenue for the three months ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0 / 0
=

* 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.

Sage Potash Days Inventory Related Terms

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

Sage Potash Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sage Potash Corp (OTCPK:SGPTF) » Definitions » Days Inventory
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Traded in Other Exchanges
SAGE:Canada
Address
889 West Pender Street, Suite 605, Vancouver, BC, CAN, V6C 3B2
Website
https://www.sagepotash.com
Sage Potash Corp is engaged in the acquisition, exploration, and development of mineral properties. Its principal business activity is the acquisition, exploration, and development of potash mineral properties. It holds interest in Sage Plain Potash property. The projects of the company include Sage Potash and Sage Lithium.