Trident Royalties (STU:5KV) Days Inventory : 0.00 (As of Dec. 2023)

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What is Trident Royalties Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Trident Royalties's Average Total Inventories for the six months ended in Dec. 2023 was €0.00 Mil. Trident Royalties's Cost of Goods Sold for the six months ended in Dec. 2023 was €2.62 Mil. Hence, Trident Royalties's Days Inventory for the six months ended in Dec. 2023 was 0.00.

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

STU:5KV's Days Inventory is not ranked ^*
in the Metals & Mining industry.
Industry Median: 87.68
* Ranked among companies with meaningful Days Inventory only.

Trident Royalties'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. Trident Royalties's Inventory-to-Revenue for the six months ended in Dec. 2023 was 0.00.

Trident Royalties Days Inventory Historical Data

The historical data trend for Trident Royalties'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.

Trident Royalties Days Inventory Chart

Trident Royalties Annual Data

Trend

Apr19

Dec20

Dec21

Dec22

Dec23

Days Inventory

Trident Royalties Semi-Annual Data
	Oct18	Apr19	Oct19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Inventory	Get a 7-Day Free Trial						-	-	-	-	-

Competitive Comparison of Trident Royalties's Days Inventory

For the Other Industrial Metals & Mining subindustry, Trident Royalties'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.

Trident Royalties's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Trident Royalties's Days Inventory falls into.

Trident Royalties Days Inventory Calculation

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

Trident Royalties'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
=	( (0	+	0)	/	1 )	/	4.92	*	365
=	0					/	4.92	*	365
=	0.00

Trident Royalties'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 )	/	2.618	*	365 / 2
=	0					/	2.618	*	365 / 2
=	0.00

Trident Royalties (STU:5KV) 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.

Trident Royalties's Inventory Turnover for the six months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.618	/	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.

Trident Royalties's Inventory to Revenue for the six months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	4.588
	=	0.00

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.

Trident Royalties Days Inventory Related Terms

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

Trident Royalties (STU:5KV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Trident Royalties PLC (STU:5KV) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

TDTRF:USA TRR:UK

Address

60 Gracechurch Street, 6th Floor, London, GBR, EC3V 0HR

Website

https://www.tridentroyalties.com

Trident Royalties PLC is a growth-focused diversified mining royalty and streaming company. The company is aiming to provide investors with exposure to a mix of base and precious metals, bulk materials (excluding thermal coal), and battery metals. Its reportable segments involve Precious, Bulk/Battery Metals, and Base.

Trident Royalties (STU:5KV) Headlines

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