Erdene Resource Development (TSX:ERD) Days Inventory: (As of Jun. 2026)

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TSX:ERD Erdene Resource Development Corp TSX:ERD
33 GF Score
Price C$6.65
! 1 Warning Sign
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What is Erdene Resource Development Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Erdene Resource Development's Average Total Inventories for the three months ended in Jun. 2026 was C$0.00 Mil. Erdene Resource Development's Cost of Goods Sold for the three months ended in Jun. 2026 was C$0.01 Mil. Hence, Erdene Resource Development's Days Inventory for the three months ended in Jun. 2026 was 0.00.

The historical rank and industry rank for Erdene Resource Development's Days Inventory or its related term are showing as below:

TSX:ERD's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 85.515
* Ranked among companies with meaningful Days Inventory only.

Erdene Resource Development's Days Inventory stayed the same from Jun. 2025 () to Jun. 2026 ().

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.

Erdene Resource Development  (TSX:ERD) 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.

Erdene Resource Development's Inventory Turnover for the three months ended in Jun. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.013 / 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.

Erdene Resource Development's Inventory to Revenue for the three months ended in Jun. 2026 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.

Erdene Resource Development Days Inventory Related Terms

Erdene Resource Development Days Inventory Historical Data

* Premium members only.

The historical data trend for Erdene Resource Development'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.

Erdene Resource Development Days Inventory Chart

Erdene Resource Development Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Days Inventory
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Erdene Resource Development Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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Erdene Resource Development Days Inventory Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Erdene Resource Development'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.

Erdene Resource Development Days Inventory vs Metals & Mining Industry

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

* The bar in red indicates where Erdene Resource Development's Days Inventory falls into.


TSX:ERD
33GF Score
Erdene Resource Development Corp TSX:ERD
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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Erdene Resource Development Days Inventory Calculation

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

Erdene Resource Development's Days Inventory for the fiscal year that ended in Dec. 2025 is calculated as

Days Inventory (A: Dec. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count ) / Cost of Goods Sold (A: Dec. 2025 )*Days in Period
=( (0 + 0) / 1 ) / 0.026*365
=0 / 0.026*365
=0.00

Erdene Resource Development's Days Inventory for the quarter that ended in Jun. 2026 is calculated as:

Days Inventory (Q: Jun. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2026 ) + Total Inventories (Q: Jun. 2026 )) / count ) / Cost of Goods Sold (Q: Jun. 2026 )*Days in Period
=( (0 + 0) / 1 ) / 0.013*365 / 4
=0 / 0.013*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.

Erdene Resource Development Business Description

Other Exchanges ERDCF:USAE8K:Germany
Address 170 Cromarty Drive, Suite 200, Dartmouth, NS, CAN, B3B 0G1
Erdene Resource Development Corp is a Canadian-based company focused on the acquisition, exploration, and development of large, high-grade, near-surface, precious and base metals deposits in underexplored and prospective Mongolia. Currently, the corporation's principal development is the Bayan Khundii Gold Project, located in Bayankhongor province, Mongolia. Its other exploration and evaluation assets consist of interests in the Zuun Mod, Greater Dark Horse, Altan Nar, Dark Horse, Ulaan, Tereg Uul, and other properties located in Mongolia.
33GF Score

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Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$6.65
Price