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Orea Mining (TSX:OREA) Days Inventory : 0.00 (As of Jun. 2023)


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What is Orea Mining Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Orea Mining's Average Total Inventories for the three months ended in Jun. 2023 was C$0.00 Mil. Orea Mining's Cost of Goods Sold for the three months ended in Jun. 2023 was C$0.01 Mil. Hence, Orea Mining's Days Inventory for the three months ended in Jun. 2023 was 0.00.

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

TSX:OREA's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 88.19
* Ranked among companies with meaningful Days Inventory only.

Orea Mining's Days Inventory stayed the same from Jun. 2022 (0.00) to Jun. 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.


Orea Mining Days Inventory Historical Data

The historical data trend for Orea Mining'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.

Orea Mining Days Inventory Chart

Orea Mining Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Days Inventory
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Orea Mining Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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Competitive Comparison of Orea Mining's Days Inventory

For the Gold subindustry, Orea Mining'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.


Orea Mining's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Orea Mining's Days Inventory falls into.



Orea Mining Days Inventory Calculation

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

Orea Mining's Days Inventory for the fiscal year that ended in Sep. 2022 is calculated as

Days Inventory (A: Sep. 2022 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2021 ) + Total Inventories (A: Sep. 2022 )) / count ) / Cost of Goods Sold (A: Sep. 2022 )*Days in Period
=( (0 + 0) / 1 ) / 0.086*365
=0 / 0.086*365
=0.00

Orea Mining's Days Inventory for the quarter that ended in Jun. 2023 is calculated as:

Days Inventory (Q: Jun. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Mar. 2023 ) + Total Inventories (Q: Jun. 2023 )) / count ) / Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 0.005*365 / 4
=0 / 0.005*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.


Orea Mining  (TSX:OREA) 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.

Orea Mining's Inventory Turnover for the three months ended in Jun. 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.

Orea Mining's Inventory to Revenue for the three months ended in Jun. 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.


Orea Mining Days Inventory Related Terms

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


Orea Mining (TSX:OREA) Business Description

Traded in Other Exchanges
Address
1090 Hamilton Street, Vancouver, BC, CAN, V6B 2R9
Orea Mining Corp is a gold exploration and development company. The company's principal business activities are the exploration and development of resource properties which are located in French Guiana, France. It operates two projects namely the Maripa project and Montagne d'Or Gold deposit.
Executives
Robert Giustra Director, Senior Officer

Orea Mining (TSX:OREA) Headlines

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