GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Teras Resources Inc (TSXV:TRA) » Definitions » Days Inventory

Teras Resources (TSXV:TRA) Days Inventory : 0.00 (As of Feb. 2023)


View and export this data going back to 1995. Start your Free Trial

What is Teras Resources Days Inventory?

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

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

TSXV:TRA's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 88.02
* Ranked among companies with meaningful Days Inventory only.

Teras Resources's Days Inventory stayed the same from Feb. 2022 (0.00) to Feb. 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.


Teras Resources Days Inventory Historical Data

The historical data trend for Teras Resources'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.

Teras Resources Days Inventory Chart

Teras Resources Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 May20 May21 May22
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Teras Resources Quarterly Data
May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23
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 Teras Resources's Days Inventory

For the Gold subindustry, Teras Resources'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.


Teras Resources's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Teras Resources's Days Inventory falls into.



Teras Resources Days Inventory Calculation

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

Teras Resources's Days Inventory for the fiscal year that ended in May. 2022 is calculated as

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

Teras Resources's Days Inventory for the quarter that ended in Feb. 2023 is calculated as:

Days Inventory (Q: Feb. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Nov. 2022 ) + Total Inventories (Q: Feb. 2023 )) / count ) / Cost of Goods Sold (Q: Feb. 2023 )*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.


Teras Resources  (TSXV:TRA) 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.

Teras Resources's Inventory Turnover for the three months ended in Feb. 2023 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.

Teras Resources's Inventory to Revenue for the three months ended in Feb. 2023 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.


Teras Resources Days Inventory Related Terms

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


Teras Resources (TSXV:TRA) Business Description

Traded in Other Exchanges
Address
206, 6025 - 12th Street South East, Calgary, AB, CAN, T2H 1K1
Teras Resources Inc is a junior mining exploration & development company. The company is involved in the acquisition and exploration of mineral property interests in Montana, Nevada, and Cahuilla in California. The company explores gold, silver, and base metals. Its projects include Cahuilla Gold Project, Golden Jubilee, Corral Canyon, Gold Point, Watseca Mill and other projects. The Cahuilla Project is located in northwest Imperial County, California. The Watseca Mill Property is located in Rochester Basin, Montana, and includes a mill site and mining claims.
Executives
Joe Carrabba Director, Senior Officer

Teras Resources (TSXV:TRA) Headlines

No Headlines