GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Elcora Advanced Materials Corp (TSXV:ERA) » Definitions » Days Inventory

Elcora Advanced Materials (TSXV:ERA) Days Inventory : 0.00 (As of Sep. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Elcora Advanced Materials Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Elcora Advanced Materials's Average Total Inventories for the three months ended in Sep. 2024 was C$0.01 Mil. Elcora Advanced Materials'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 Elcora Advanced Materials's Days Inventory or its related term are showing as below:

TSXV:ERA' s Days Inventory Range Over the Past 10 Years
Min: 0   Med: 0   Max: 486.67
Current: 486.67

During the past 13 years, Elcora Advanced Materials's highest Days Inventory was 486.67. The lowest was 0.00. And the median was 0.00.

TSXV:ERA's Days Inventory is ranked worse than
93.39% of 651 companies
in the Metals & Mining industry
Industry Median: 87.07 vs TSXV:ERA: 486.67

Elcora Advanced Materials's Days Inventory stayed the same from Sep. 2023 (0.00) to Sep. 2024 (0.00).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Elcora Advanced Materials's Inventory Turnover for the three months ended in Sep. 2024 was 0.00.

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.


Elcora Advanced Materials Days Inventory Historical Data

The historical data trend for Elcora Advanced Materials'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.

Elcora Advanced Materials Days Inventory Chart

Elcora Advanced Materials Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Elcora Advanced Materials Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - 131.81 -

Competitive Comparison of Elcora Advanced Materials's Days Inventory

For the Other Industrial Metals & Mining subindustry, Elcora Advanced Materials'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.


Elcora Advanced Materials's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Elcora Advanced Materials's Days Inventory falls into.



Elcora Advanced Materials Days Inventory Calculation

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

Elcora Advanced Materials's Days Inventory for the fiscal year that ended in Mar. 2024 is calculated as

Days Inventory (A: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Mar. 2023 ) + Total Inventories (A: Mar. 2024 )) / count ) / Cost of Goods Sold (A: Mar. 2024 )*Days in Period
=( (0 + 0.013) / 1 ) / 0*365
=0.013 / 0*365
=N/A

Elcora Advanced Materials'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
=( (0.013 + 0.014) / 2 ) / 0*365 / 4
=0.0135 / 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.


Elcora Advanced Materials  (TSXV:ERA) 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.

Elcora Advanced Materials'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.

Elcora Advanced Materials'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.


Elcora Advanced Materials Days Inventory Related Terms

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


Elcora Advanced Materials Business Description

Traded in Other Exchanges
Address
111 Ahmadi Crescent, Bedford, Nova Scotia, NS, CAN, B4E 4E5
Elcora Advanced Materials Corp is a vertically integrated graphite and graphene company. The company mines, processes, and refines graphite and produces both graphene and end graphene applications. The company's operating segment includes the explorations and development of mineral properties. The company operates in Canada and Morocco.
Executives
Denis Choquette Director

Elcora Advanced Materials Headlines

From GuruFocus

Era Group Has Limited Downside, But Big Upside Potential

By Subia Khan Value Investor 01-23-2015

Era Group Announces Q3 2019 Earnings Release Call

By Marketwired Marketwired 10-30-2019

Era Group Announces Board Approval of Reverse Stock Split

By Marketwired Marketwired 06-02-2020

Era Group Announces Q2 2018 Earnings Release Call

By Marketwired Marketwired 08-01-2018

Era Group Announces Preliminary Q1 2020 Results

By Marketwired Marketwired 04-20-2020