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Nuinsco Resources (XCNQ:NWI) Days Inventory : 0.00 (As of Sep. 2024)


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What is Nuinsco Resources Days Inventory?

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

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

XCNQ:NWI's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 86.4
* Ranked among companies with meaningful Days Inventory only.

Nuinsco Resources'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.


Nuinsco Resources Days Inventory Historical Data

The historical data trend for Nuinsco 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.

Nuinsco Resources Days Inventory Chart

Nuinsco Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
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Nuinsco Resources Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of Nuinsco Resources's Days Inventory

For the Other Industrial Metals & Mining subindustry, Nuinsco 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.


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

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

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



Nuinsco Resources Days Inventory Calculation

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

Nuinsco Resources'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 ) / 0.001*365
=0 / 0.001*365
=0.00

Nuinsco Resources'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*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.


Nuinsco Resources  (XCNQ:NWI) 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.

Nuinsco Resources'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.

Nuinsco Resources'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.


Nuinsco Resources Days Inventory Related Terms

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


Nuinsco Resources Business Description

Traded in Other Exchanges
Address
80 Richmond Street West, Suite 1802, Toronto, ON, CAN, M5H 2A4
Nuinsco Resources Ltd operates as an exploration and development company in Canada. It is engaged in the acquisition, exploration, and evaluation of properties for precious and base metals. The company also makes strategic investments through equity or loan financing to companies engaged in the exploration and development of resource properties. Its project portfolio includes the Prairie Lake project, Sunbeam project; Zigzag Lake; and the EI Sid project - Gold located in Egypt.
Executives
Sean Duncanson Stokes Senior Officer
Paul Latimer Jones Director, Senior Officer
James Franklin Director
René Réal Galipeau Director

Nuinsco Resources Headlines

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