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

Snowline Gold (TSXV:SGD) Days Inventory : 0.00 (As of Sep. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Snowline Gold Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Snowline Gold's Average Total Inventories for the three months ended in Sep. 2024 was C$0.00 Mil. Snowline Gold's Cost of Goods Sold for the three months ended in Sep. 2024 was C$0.22 Mil. Hence, Snowline Gold's Days Inventory for the three months ended in Sep. 2024 was 0.00.

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

TSXV:SGD's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 86.21
* Ranked among companies with meaningful Days Inventory only.

Snowline Gold's Days Inventory stayed the same from Sep. 2023 (0.00) to Sep. 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.


Snowline Gold Days Inventory Historical Data

The historical data trend for Snowline 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.

Snowline Gold Days Inventory Chart

Snowline Gold Annual Data
Trend Aug18 Aug19 Aug20 Aug21 Dec22 Dec23
Days Inventory
Get a 7-Day Free Trial - - - - -

Snowline Gold Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 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 - - - - -

Competitive Comparison of Snowline Gold's Days Inventory

For the Gold subindustry, Snowline 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.


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

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

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



Snowline Gold Days Inventory Calculation

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

Snowline Gold'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 ) / 0.236*365
=0 / 0.236*365
=0.00

Snowline Gold'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 + 0) / 1 ) / 0.223*365 / 4
=0 / 0.223*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.


Snowline Gold  (TSXV:SGD) 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.

Snowline Gold'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.

Snowline Gold'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.


Snowline Gold Days Inventory Related Terms

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


Snowline Gold Business Description

Traded in Other Exchanges
Address
No.1012 - 1030 West Georgia Street, Vancouver, BC, CAN, V6E 2Y3
Snowline Gold Corp is a gold exploration company. The company is exploring its Einarson and Rogue gold projects in Selwyn Basin. All projects of the company lie in the prolific Tintina gold province that hosts gold mines and deposits from Kinross' Fort Knox to Goldcorp's Coffee. The Company operates in a single reportable operating segment, being the exploration and development of mineral properties.
Executives
Matthew Frederick Roma Senior Officer
Sarah Kathleen Weber Director
Axel Gunther Ruediger Roehlig Director
Calum Macleod Morrison Director
Sukvinder Sokhie Puar Director