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Bravo Mining (TSXV:BRVO) Days Inventory : 0.00 (As of Mar. 2024)


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What is Bravo Mining Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Bravo Mining's Average Total Inventories for the three months ended in Mar. 2024 was C$0.00 Mil. Bravo Mining's Cost of Goods Sold for the three months ended in Mar. 2024 was C$0.01 Mil. Hence, Bravo Mining's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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

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

Bravo Mining'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.


Bravo Mining Days Inventory Historical Data

The historical data trend for Bravo 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.

Bravo Mining Days Inventory Chart

Bravo Mining Annual Data
Trend Dec21 Dec22 Dec23
Days Inventory
- - -

Bravo Mining Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Bravo Mining's Days Inventory

For the Other Precious Metals & Mining subindustry, Bravo 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.


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

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

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



Bravo Mining Days Inventory Calculation

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

Bravo Mining'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 ) / 0.008*365
=0 / 0.008*365
=0.00

Bravo Mining'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 ) / 0.008*365 / 4
=0 / 0.008*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.


Bravo Mining  (TSXV:BRVO) 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.

Bravo Mining'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.

Bravo Mining'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.


Bravo Mining Days Inventory Related Terms

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


Bravo Mining (TSXV:BRVO) Business Description

Traded in Other Exchanges
Address
Av. Jornalista Ricardo Marinho, n. 360, Room 111 Barra da Tijuca, Rio de Janeiro, BRA, 22631-350
Bravo Mining Corp is an intermediate-stage mineral exploration company focused on the exploration and development of the Luanga Project. The Luanga Project is an intermediate-stage PGE including palladium, platinum, rhodium, gold, and nickel exploration project located in Carajss, Para State, Brazil.
Executives
Luis Azevedo 10% Security Holder, Director, Senior Officer