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Abrasilver Resource (TSXV:ABRA) Days Inventory : 0.00 (As of Mar. 2024)


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What is Abrasilver Resource Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Abrasilver Resource's Average Total Inventories for the three months ended in Mar. 2024 was C$0.00 Mil. Abrasilver Resource's Cost of Goods Sold for the three months ended in Mar. 2024 was C$0.25 Mil. Hence, Abrasilver Resource's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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

TSXV:ABRA's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 88.02
* Ranked among companies with meaningful Days Inventory only.

Abrasilver Resource's Days Inventory stayed the same from Mar. 2023 (0.00) to Mar. 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.


Abrasilver Resource Days Inventory Historical Data

The historical data trend for Abrasilver Resource'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.

Abrasilver Resource Days Inventory Chart

Abrasilver Resource Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
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Abrasilver Resource Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Abrasilver Resource's Days Inventory

For the Other Precious Metals & Mining subindustry, Abrasilver Resource'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.


Abrasilver Resource's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Abrasilver Resource's Days Inventory falls into.



Abrasilver Resource Days Inventory Calculation

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

Abrasilver Resource'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 ) / 1.736*365
=0 / 1.736*365
=0.00

Abrasilver Resource's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 0.254*365 / 4
=0 / 0.254*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.


Abrasilver Resource  (TSXV:ABRA) 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.

Abrasilver Resource's Inventory Turnover for the three months ended in Mar. 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.

Abrasilver Resource's Inventory to Revenue for the three months ended in Mar. 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.


Abrasilver Resource Days Inventory Related Terms

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


Abrasilver Resource (TSXV:ABRA) Business Description

Traded in Other Exchanges
Address
220 Bay Street, Suite 550, Toronto, ON, CAN, M5J 2W4
Abrasilver Resource Corp is a mineral exploration company that offers investors exposure to silver, gold, and copper through projects at various stages of exploration, from drill-ready to PEA stage. It provides major leverage to silver and gold through its interest in the Diablillos project in the mining Salta province in Argentina.
Executives
Nicholas Teasdale Director

Abrasilver Resource (TSXV:ABRA) Headlines

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