Uranium Royalty (Uranium Royalty) Days Inventory : 1,363.77 (As of Jan. 2024)

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What is Uranium Royalty Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Uranium Royalty's Average Total Inventories for the three months ended in Jan. 2024 was $105.25 Mil. Uranium Royalty's Cost of Goods Sold for the three months ended in Jan. 2024 was $7.04 Mil. Hence, Uranium Royalty's Days Inventory for the three months ended in Jan. 2024 was 1,363.77.

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

UROY' s Days Inventory Range Over the Past 10 Years
Min: 1246.4 Med: 2655.9 Max: 2655.9
Current: 1246.4

During the past 5 years, Uranium Royalty's highest Days Inventory was 2655.90. The lowest was 1246.40. And the median was 2655.90.

UROY's Days Inventory is ranked worse than
98.26% of 115 companies
in the Other Energy Sources industry
Industry Median: 29.96 vs UROY: 1246.40

Uranium Royalty's Days Inventory increased from Jan. 2023 (0.00) to Jan. 2024 (1,363.77). It might indicate that Uranium Royalty's sales slowed down.

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. Uranium Royalty's Inventory Turnover for the three months ended in Jan. 2024 was 0.07.

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. Uranium Royalty's Inventory-to-Revenue for the three months ended in Jan. 2024 was 9.32.

Uranium Royalty Days Inventory Historical Data

The historical data trend for Uranium Royalty'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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Uranium Royalty Days Inventory Chart

Uranium Royalty Annual Data

Trend

Apr19

Apr20

Apr21

Apr22

Apr23

Days Inventory

2,740.29

Uranium Royalty Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Inventory	Get a 7-Day Free Trial															-	696.68	-	797.34	1,363.77

Competitive Comparison of Uranium Royalty's Days Inventory

For the Uranium subindustry, Uranium Royalty'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.

Uranium Royalty's Days Inventory Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Uranium Royalty's Days Inventory distribution charts can be found below:

* The bar in red indicates where Uranium Royalty's Days Inventory falls into.

Uranium Royalty Days Inventory Calculation

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

Uranium Royalty's Days Inventory for the fiscal year that ended in Apr. 2023 is calculated as

	Days Inventory (A: Apr. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Apr. 2022 )	+	Total Inventories (A: Apr. 2023 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2023 )	*	Days in Period
=	( (59.416	+	63.454)	/	2 )	/	8.183	*	365
=	61.435					/	8.183	*	365
=	2,740.29

Uranium Royalty's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

	Days Inventory (Q: Jan. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Oct. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (76	+	134.492)	/	2 )	/	7.042	*	365 / 4
=	105.246					/	7.042	*	365 / 4
=	1,363.77

Uranium Royalty (NAS:UROY) 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.

Uranium Royalty's Inventory Turnover for the three months ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	7.042	/	105.246
	=	0.07

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.

Uranium Royalty's Inventory to Revenue for the three months ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	105.246	/	11.294
	=	9.32

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.

Uranium Royalty Days Inventory Related Terms

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

Uranium Royalty (Uranium Royalty) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Uranium Royalty Corp (NAS:UROY) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

59U:Germany 59U:Germany URC:Canada

Address

1030 West Georgia Street, Suite 1830, Vancouver, BC, CAN, V6E 2Y3

Website

https://www.uraniumroyalty.com

Uranium Royalty Corp is focused on gaining exposure to uranium prices by making investments in uranium interests, including royalties, streams, debt and equity investments in uranium companies, and through holdings of physical uranium. The company operates in a single segment, the investment in a portfolio of uranium interests.