South Atlantic Gold (TSXV:SAO) Days Inventory : 0.00 (As of Nov. 2024)

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What is South Atlantic Gold Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). South Atlantic Gold's Average Total Inventories for the three months ended in Nov. 2024 was C$0.00 Mil. South Atlantic Gold'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 South Atlantic Gold's Days Inventory or its related term are showing as below:

TSXV:SAO's Days Inventory is not ranked ^*
in the Metals & Mining industry.
Industry Median: 86.255
* Ranked among companies with meaningful Days Inventory only.

South Atlantic Gold'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.

South Atlantic Gold Days Inventory Historical Data

The historical data trend for South Atlantic 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.

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South Atlantic Gold Days Inventory Chart

South Atlantic Gold Annual Data

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Days Inventory

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South Atlantic Gold Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	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 South Atlantic Gold's Days Inventory

For the Other Industrial Metals & Mining subindustry, South Atlantic 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.

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

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

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

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South Atlantic Gold Days Inventory Calculation

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

South Atlantic Gold's Days Inventory for the fiscal year that ended in Feb. 2024 is calculated as

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

South Atlantic Gold'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

South Atlantic Gold (TSXV:SAO) 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.

South Atlantic Gold'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.

South Atlantic Gold'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.

South Atlantic Gold Days Inventory Related Terms

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

South Atlantic Gold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » South Atlantic Gold Inc (TSXV:SAO) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

JLRRF:USA

Address

1632 Dickson Avenue, Suite 335, Landmark 3, Kelowna, BC, CAN, V1Y 7T2

Website

https://www.southatlanticgold.com

South Atlantic Gold Inc is primarily engaged in the acquisition, exploration, and development of mineral properties located in Brazil and Canada. The company's current properties include the Pendra Branca Project in Brazil and the Bigg Kidd project currently under the option and located in British Columbia.

Executives

William Richard Brown	Director
Bruce Higson-smith	Director

South Atlantic Gold Headlines

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