Colossus Resources (TSXV:CLUS) Days Inventory : 0.00 (As of Nov. 2024)

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What is Colossus Resources Days Inventory?

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

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

TSXV:CLUS's Days Inventory is not ranked ^*
in the Metals & Mining industry.
Industry Median: 86.675
* Ranked among companies with meaningful Days Inventory only.

Colossus Resources's Days Inventory stayed the same from Nov. 2023 (0.00) to Nov. 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.

Colossus Resources Days Inventory Historical Data

The historical data trend for Colossus 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.

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Colossus Resources Days Inventory Chart

Colossus Resources Annual Data

Trend

May21

May22

May23

May24

Days Inventory

Colossus Resources Quarterly Data
	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Days Inventory	Get a 7-Day Free Trial										-	-	-	-	-

Competitive Comparison of Colossus Resources's Days Inventory

For the Other Precious Metals & Mining subindustry, Colossus 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.

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

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

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

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Colossus Resources Days Inventory Calculation

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

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

	Days Inventory (A: May. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: May. 2023 )	+	Total Inventories (A: May. 2024 ))	/	count )	/	Cost of Goods Sold (A: May. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

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

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

Colossus Resources (TSXV:CLUS) 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.

Colossus Resources's Inventory Turnover for the three months ended in Nov. 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.

Colossus Resources's Inventory to Revenue for the three months ended in Nov. 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.

Colossus Resources Days Inventory Related Terms

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

Colossus Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Colossus Resources Corp (TSXV:CLUS) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

2475 Queens Avenue, West Vancouver, Vancouver, BC, CAN, V7V2Y9

Website

https://www.colossusresources.com

Colossus Resources Corp is an exploration and development stage mining company. The company's principal business activities include the acquisition and exploration of mineral property assets. The company holds interests in early-stage mineral exploration properties in Ontario. It holds interest in Master Cu Project; Little Joe Fault Cu Project; and Red Lake Pringle South Project. The Company operates in one reportable operating segment being the acquisition, exploration and evaluation of exploration and evaluation assets in Canada.

Executives

Ioannis Tsitos	Director
Charalambos Katevatis	Director, Senior Officer