GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Li-FT Power Ltd (TSXV:LIFT) » Definitions » Days Inventory

Li-FT Power (TSXV:LIFT) Days Inventory : 0.00 (As of Feb. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Li-FT Power Days Inventory?

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

The historical rank and industry rank for Li-FT Power's Days Inventory or its related term are showing as below:

TSXV:LIFT's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 87.85
* Ranked among companies with meaningful Days Inventory only.

Li-FT Power's Days Inventory stayed the same from Nov. 2022 (0.00) to Feb. 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.


Li-FT Power Days Inventory Historical Data

The historical data trend for Li-FT Power'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.

Li-FT Power Days Inventory Chart

Li-FT Power Annual Data
Trend Nov21 Nov22
Days Inventory
- -

Li-FT Power Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Feb24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Li-FT Power's Days Inventory

For the Other Industrial Metals & Mining subindustry, Li-FT Power'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.


Li-FT Power's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Li-FT Power's Days Inventory falls into.



Li-FT Power Days Inventory Calculation

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

Li-FT Power's Days Inventory for the fiscal year that ended in Nov. 2022 is calculated as

Days Inventory (A: Nov. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Nov. 2021 ) + Total Inventories (A: Nov. 2022 )) / count ) / Cost of Goods Sold (A: Nov. 2022 )*Days in Period
=( (0 + 0) / 1 ) / 0*365
=0 / 0*365
=N/A

Li-FT Power's Days Inventory for the quarter that ended in Feb. 2024 is calculated as:

Days Inventory (Q: Feb. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Aug. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count ) / Cost of Goods Sold (Q: Feb. 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.


Li-FT Power  (TSXV:LIFT) 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.

Li-FT Power's Inventory Turnover for the three months ended in Feb. 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.

Li-FT Power's Inventory to Revenue for the three months ended in Feb. 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.


Li-FT Power Days Inventory Related Terms

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


Li-FT Power (TSXV:LIFT) Business Description

Traded in Other Exchanges
Address
1055 West Hastings Street, Suite 300, Vancouver, BC, CAN, V6E 2E9
Li-FT Power Ltd is a mineral exploration company involved in the identification, acquisition, and exploration of mineral properties. The company is exploring lithium. Its project portfolio includes Rupert Project, Pontax Project, Moyenne Project, and Lithium Yellowknife Project.

Li-FT Power (TSXV:LIFT) Headlines

No Headlines