First Phosphate (XCNQ:PHOS) Days Inventory: (As of May. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XCNQ:PHOS First Phosphate Corp XCNQ:PHOS
30 GF Score
Price C$2.24
! 1 Warning Sign
View Full Analysis

What is First Phosphate Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). First Phosphate's Average Total Inventories for the three months ended in May. 2026 was C$0.00 Mil. First Phosphate's Cost of Goods Sold for the three months ended in May. 2026 was C$0.01 Mil. Hence, First Phosphate's Days Inventory for the three months ended in May. 2026 was 0.00.

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

XCNQ:PHOS's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 85.515
* Ranked among companies with meaningful Days Inventory only.

First Phosphate's Days Inventory stayed the same from May. 2025 () to May. 2026 ().

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.


First Phosphate  (XCNQ:PHOS) 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.

First Phosphate's Inventory Turnover for the three months ended in May. 2026 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.

First Phosphate's Inventory to Revenue for the three months ended in May. 2026 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.


First Phosphate Days Inventory Related Terms


First Phosphate Days Inventory Historical Data

* Premium members only.

The historical data trend for First Phosphate'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.

First Phosphate Days Inventory Chart

First Phosphate Annual Data
Trend Feb10 Feb11 Feb12 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

First Phosphate Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 - - - - -

First Phosphate Days Inventory Competitor Comparison

For the Other Industrial Metals & Mining subindustry, First Phosphate'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.


First Phosphate Days Inventory vs Metals & Mining Industry

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

* The bar in red indicates where First Phosphate's Days Inventory falls into.


XCNQ:PHOS
30GF Score
First Phosphate Corp XCNQ:PHOS
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

First Phosphate Days Inventory Calculation

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

First Phosphate's Days Inventory for the fiscal year that ended in Feb. 2026 is calculated as

Days Inventory (A: Feb. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Feb. 2025 ) + Total Inventories (A: Feb. 2026 )) / count ) / Cost of Goods Sold (A: Feb. 2026 )*Days in Period
=( (0 + 0) / 1 ) / 0.013477*365
=0 / 0.013477*365
=0.00

First Phosphate's Days Inventory for the quarter that ended in May. 2026 is calculated as:

Days Inventory (Q: May. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Feb. 2026 ) + Total Inventories (Q: May. 2026 )) / count ) / Cost of Goods Sold (Q: May. 2026 )*Days in Period
=( (0 + 0) / 1 ) / 0.013547*365 / 4
=0 / 0.013547*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.


First Phosphate Business Description

Address 1055 West Georgia Street, Suite 1500, Royal Centre, P.O. Box 11117, Vancouver, BC, CAN, V6E 4N7
First Phosphate Corp owns and is developing igneous rock phosphate mineral properties in the Saguenay Region of Quebec for the production of phosphoric acid for the production of cathode active material for use in lithium iron phosphate (LPF) batteries for the electric vehicle industry.
30GF Score

Get the complete analysis for XCNQ:PHOS

Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$2.24
Price