GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tantalex Lithium Resources Corp (OTCPK:TTLXF) » Definitions » Days Inventory

TTLXF (Tantalex Lithium Resources) Days Inventory : 0.00 (As of Nov. 2024)


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

What is Tantalex Lithium Resources Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Tantalex Lithium Resources's Average Total Inventories for the three months ended in Nov. 2024 was $0.69 Mil. Tantalex Lithium Resources's Cost of Goods Sold for the three months ended in Nov. 2024 was $0.00 Mil.

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

TTLXF' s Days Inventory Range Over the Past 10 Years
Min: 439.85   Med: 1635.2   Max: 1635.2
Current: 439.85

During the past 13 years, Tantalex Lithium Resources's highest Days Inventory was 1635.20. The lowest was 439.85. And the median was 1635.20.

TTLXF's Days Inventory is ranked worse than
91.68% of 649 companies
in the Metals & Mining industry
Industry Median: 85.8 vs TTLXF: 439.85

Tantalex Lithium Resources's Days Inventory stayed the same from Nov. 2023 (0.00) to Nov. 2024 (0.00).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. Tantalex Lithium Resources's Inventory Turnover for the three months ended in Nov. 2024 was 0.00.

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.


Tantalex Lithium Resources Days Inventory Historical Data

The historical data trend for Tantalex Lithium 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.

Tantalex Lithium Resources Days Inventory Chart

Tantalex Lithium Resources Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 1,637.57

Tantalex Lithium Resources 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 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 - 409.39 66.30 385.74 -

Competitive Comparison of Tantalex Lithium Resources's Days Inventory

For the Other Industrial Metals & Mining subindustry, Tantalex Lithium 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.


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

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

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


;
;

Tantalex Lithium Resources Days Inventory Calculation

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

Tantalex Lithium Resources'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 + 0.332) / 1 ) / 0.074*365
=0.332 / 0.074*365
=1,637.57

Tantalex Lithium Resources'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
=( (0.114 + 1.263) / 2 ) / 0*365 / 4
=0.6885 / 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.


Tantalex Lithium Resources  (OTCPK:TTLXF) 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.

Tantalex Lithium Resources's Inventory Turnover for the three months ended in Nov. 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.

Tantalex Lithium Resources's Inventory to Revenue for the three months ended in Nov. 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.


Tantalex Lithium Resources Days Inventory Related Terms

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


Tantalex Lithium Resources Business Description

Traded in Other Exchanges
Address
120 Adelaide Street West, Suite 1410, Toronto, ON, CAN, M5H 1T1
Tantalex Lithium Resources Corp is a mining exploration and development company. It is engaged in the acquisition, exploration, development, and distribution of lithium, tin, tantalum, and other high-tech mineral properties in Africa. Its projects comprise Manono Tailings, Pegmatite Corridor Exploration, and Titan. It has one operating segment being the sector of exploration and evaluation of mineral resources.