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Northwest Copper (TSXV:NWST) Days Inventory : 0.00 (As of Mar. 2024)


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What is Northwest Copper Days Inventory?

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

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

TSXV:NWST's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 87.68
* Ranked among companies with meaningful Days Inventory only.

Northwest Copper's Days Inventory stayed the same from Mar. 2023 (0.00) to Mar. 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.


Northwest Copper Days Inventory Historical Data

The historical data trend for Northwest Copper'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.

Northwest Copper Days Inventory Chart

Northwest Copper Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Dec22 Dec23
Days Inventory
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Northwest Copper Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 Jun21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Northwest Copper's Days Inventory

For the Other Industrial Metals & Mining subindustry, Northwest Copper'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.


Northwest Copper's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Northwest Copper's Days Inventory falls into.



Northwest Copper Days Inventory Calculation

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

Northwest Copper'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 ) / 0.096*365
=0 / 0.096*365
=0.00

Northwest Copper's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 0.002*365 / 4
=0 / 0.002*365 / 4
=0.00

* 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.


Northwest Copper  (TSXV:NWST) 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.

Northwest Copper's Inventory Turnover for the three months ended in Mar. 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.

Northwest Copper's Inventory to Revenue for the three months ended in Mar. 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.


Northwest Copper Days Inventory Related Terms

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


Northwest Copper (TSXV:NWST) Business Description

Traded in Other Exchanges
Address
1055 West Hastings Street, Suite 1900, Vancouver, BC, CAN, V6E 2E9
Northwest Copper Corp is a mineral exploration company. It explores copper gold with an exciting pipeline of projects in British Columbia. The company's project includes Kwanika/Stardust; Lorraine and Top Cat properties and East Niv. It has a single operating segment which is the mineral exploration business in Canada.
Executives
Tyler Eric Gurney Caswell Senior Officer

Northwest Copper (TSXV:NWST) Headlines

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