Argyle Resources (STU:ME0) Days Inventory : 0.00 (As of Aug. 2024)

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What is Argyle Resources Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Argyle Resources's Average Total Inventories for the three months ended in Aug. 2024 was €0.00 Mil. Argyle Resources's Cost of Goods Sold for the three months ended in Aug. 2024 was €0.00 Mil.

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

STU:ME0's Days Inventory is not ranked ^*
in the Metals & Mining industry.
Industry Median: 86.21
* Ranked among companies with meaningful Days Inventory only.

Argyle Resources's Days Inventory stayed the same from May. 2023 (0.00) to Aug. 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.

Argyle Resources Days Inventory Historical Data

The historical data trend for Argyle Resources'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.

Argyle Resources Days Inventory Chart

Argyle Resources Annual Data

Trend

Feb24

Days Inventory

Argyle Resources Quarterly Data
	May23	Aug23	Feb24	May24	Aug24
Days Inventory	-	-	-	-	-

Competitive Comparison of Argyle Resources's Days Inventory

For the Other Industrial Metals & Mining subindustry, Argyle Resources'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.

Argyle Resources's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Argyle Resources's Days Inventory falls into.

Argyle Resources Days Inventory Calculation

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

Argyle Resources's Days Inventory for the fiscal year that ended in Feb. 2024 is calculated as

	Days Inventory (A: Feb. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: . 20 )	+	Total Inventories (A: Feb. 2024 ))	/	count )	/	Cost of Goods Sold (A: Feb. 2024 )	*	Days in Period
=	( (	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

Argyle Resources's Days Inventory for the quarter that ended in Aug. 2024 is calculated as:

	Days Inventory (Q: Aug. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: May. 2024 )	+	Total Inventories (Q: Aug. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Aug. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365 / 4
=	0					/	0	*	365 / 4
=	N/A

Argyle Resources (STU:ME0) 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.

Argyle Resources's Inventory Turnover for the three months ended in Aug. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	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.

Argyle Resources's Inventory to Revenue for the three months ended in Aug. 2024 is calculated as

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

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.

Argyle Resources Days Inventory Related Terms

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Argyle Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Argyle Resources Corp (STU:ME0) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

ARLYF:USA ARGL:Canada

Address

C/o Michael Yeung, 700 2 Street SW, 19th Floor, Calgary, AB, CAN, T2P 2Y9

Website

https://www.argyleresourcescorp.com

Argyle Resources Corp is a company that acquires, explores, stakes and evaluates natural resource properties in North America. The company owns interest in the Wintering Lithium Property and the Frenchvale Graphite Property in Canada.

Argyle Resources Headlines

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