GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Transition Metals Corp (OTCPK:TNTMF) » Definitions » Days Inventory

TNTMF (Transition Metals) Days Inventory : 0.00 (As of May. 2024)


View and export this data going back to 2011. Start your Free Trial

What is Transition Metals Days Inventory?

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

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

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

Transition Metals's Days Inventory stayed the same from May. 2023 (0.00) to May. 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.


Transition Metals Days Inventory Historical Data

The historical data trend for Transition Metals'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.

Transition Metals Days Inventory Chart

Transition Metals Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Transition Metals Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 - - - - -

Competitive Comparison of Transition Metals's Days Inventory

For the Other Industrial Metals & Mining subindustry, Transition Metals'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.


Transition Metals's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Transition Metals's Days Inventory falls into.



Transition Metals Days Inventory Calculation

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

Transition Metals's Days Inventory for the fiscal year that ended in Aug. 2023 is calculated as

Days Inventory (A: Aug. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Aug. 2022 ) + Total Inventories (A: Aug. 2023 )) / count ) / Cost of Goods Sold (A: Aug. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 0.01*365
=0 / 0.01*365
=0.00

Transition Metals's Days Inventory for the quarter that ended in May. 2024 is calculated as:

Days Inventory (Q: May. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Feb. 2024 ) + Total Inventories (Q: May. 2024 )) / count ) / Cost of Goods Sold (Q: May. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 0.001*365 / 4
=0 / 0.001*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.


Transition Metals  (OTCPK:TNTMF) 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.

Transition Metals's Inventory Turnover for the three months ended in May. 2024 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.

Transition Metals's Inventory to Revenue for the three months ended in May. 2024 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.


Transition Metals Days Inventory Related Terms

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


Transition Metals Business Description

Traded in Other Exchanges
Address
9 1351C Kelly Lake Road, Sudbury, ON, CAN, P3E 5P5
Transition Metals Corp is a mineral exploration company. It evaluates, acquires, explores, and develops mineral properties in Canada and the United States. The company's projects include Gowganda Gold, Pipestone, Homathko, and Maude Lake among others.

Transition Metals Headlines

From GuruFocus