Norrland Gold (TSXV:NORR) Days Inventory : 0.00 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Norrland Gold Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Norrland Gold's Average Total Inventories for the three months ended in Dec. 2023 was C$0.00 Mil. Norrland Gold's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.00 Mil.

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

TSXV:NORR's Days Inventory is not ranked ^*
in the Metals & Mining industry.
Industry Median: 88.105
* Ranked among companies with meaningful Days Inventory only.

Norrland Gold's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 2023 (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.

Norrland Gold Days Inventory Historical Data

The historical data trend for Norrland Gold'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.

Norrland Gold Days Inventory Chart

Norrland Gold Annual Data

Trend

Mar21

Mar22

Mar23

Days Inventory

Norrland Gold Quarterly Data
	May20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial							-	-	-	-	-

Competitive Comparison of Norrland Gold's Days Inventory

For the Gold subindustry, Norrland Gold'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.

Norrland Gold's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Norrland Gold's Days Inventory falls into.

Norrland Gold Days Inventory Calculation

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

Norrland Gold's Days Inventory for the fiscal year that ended in Mar. 2023 is calculated as

	Days Inventory (A: Mar. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Mar. 2022 )	+	Total Inventories (A: Mar. 2023 ))	/	count )	/	Cost of Goods Sold (A: Mar. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

Norrland Gold's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365 / 4
=	0					/	0	*	365 / 4
=	N/A

Norrland Gold (TSXV:NORR) 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.

Norrland Gold's Inventory Turnover for the three months ended in Dec. 2023 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.

Norrland Gold's Inventory to Revenue for the three months ended in Dec. 2023 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.

Norrland Gold Days Inventory Related Terms

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

Norrland Gold (TSXV:NORR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Norrland Gold Corp (TSXV:NORR) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

1055 West Georgia Street, Suite 2050, P.O. Box 11121, Vancouver, BC, CAN, V6E 3P3

Website

https://www.norrlandgold.com

Norrland Gold Corp is a precious metals exploration company that is focused on gold discovery in mineral-rich Sweden. It owns the Vittantrasket No. 1 tenement located in the municipality of Lycksele, Sweden that is an early-stage gold exploration project.

Norrland Gold (TSXV:NORR) Headlines

No Headlines