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Thunderbird Minerals (TSXV:BIRD) Days Inventory : 0.00 (As of Sep. 2024)


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What is Thunderbird Minerals Days Inventory?

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

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

TSXV:BIRD's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 87.07
* Ranked among companies with meaningful Days Inventory only.

Thunderbird Minerals'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.


Thunderbird Minerals Days Inventory Historical Data

The historical data trend for Thunderbird Minerals'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.

Thunderbird Minerals Days Inventory Chart

Thunderbird Minerals Annual Data
Trend Dec22 Dec23
Days Inventory
- -

Thunderbird Minerals Quarterly Data
Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Days Inventory Get a 7-Day Free Trial - - - - -

Competitive Comparison of Thunderbird Minerals's Days Inventory

For the Other Precious Metals & Mining subindustry, Thunderbird Minerals'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.


Thunderbird Minerals's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Thunderbird Minerals's Days Inventory falls into.



Thunderbird Minerals Days Inventory Calculation

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

Thunderbird Minerals'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 ) / 0*365
=0 / 0*365
=N/A

Thunderbird Minerals'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*365 / 4
=0 / 0*365 / 4
=N/A

* 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.


Thunderbird Minerals  (TSXV:BIRD) 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.

Thunderbird Minerals's Inventory Turnover for the three months ended in Sep. 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.

Thunderbird Minerals's Inventory to Revenue for the three months ended in Sep. 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.


Thunderbird Minerals Days Inventory Related Terms

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


Thunderbird Minerals Business Description

Traded in Other Exchanges
Address
650 West Georgia Street, Suite 2110, Vancouver, BC, CAN, V6B 4N9
Thunderbird Minerals Corp focuses on acquiring and developing exploration and evaluation assets. The firm focuses on the discovery of new precious metal and copper projects through systematic exploration in metal-endowed terranes located in tier-one mining jurisdictions. Its drill-ready projects include Bullseye in the Wels District of the Yukon Territories, the Eagle Mountain Gold Project in the Cassiar Gold District in northern British Columbia, and the Argo Copper and Gold Project near Quesnel.
Executives
John Newell Senior Officer