Goldflare Exploration (TSXV:GOFL) Days Inventory : 0.00 (As of Nov. 2023)

Goldflare Exploration Days Inventory Chart

Goldflare Exploration Annual Data
	Trend	Feb14	Feb15	Feb16	Feb17	Feb18	Feb19	Feb20	Feb21	Feb22	Feb23
Days Inventory		Get a 7-Day Free Trial					-	-	-	-	-

Goldflare Exploration Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Goldflare Exploration's Days Inventory

For the Gold subindustry, Goldflare Exploration'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.

Goldflare Exploration's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Goldflare Exploration's Days Inventory falls into.

Goldflare Exploration Days Inventory Calculation

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

Goldflare Exploration's Days Inventory for the fiscal year that ended in Feb. 2023 is calculated as

Goldflare Exploration's Days Inventory for the quarter that ended in Nov. 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.

Goldflare Exploration  (TSXV:GOFL) 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.

Goldflare Exploration's Inventory Turnover for the three months ended in Nov. 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.

Goldflare Exploration's Inventory to Revenue for the three months ended in Nov. 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.

Goldflare Exploration Days Inventory Related Terms

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

Goldflare Exploration (TSXV:GOFL) Business Description