Jubilee Gold Exploration (TSXV:JUB) Days Inventory : 0.00 (As of Dec. 2023)

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What is Jubilee Gold Exploration Days Inventory?

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

The historical rank and industry rank for Jubilee Gold Exploration's Days Inventory or its related term are showing as below:

TSXV:JUB's Days Inventory is not ranked ^*
in the Metals & Mining industry.
Industry Median: 88.535
* Ranked among companies with meaningful Days Inventory only.

Jubilee Gold Exploration's Days Inventory stayed the same from Dec. 2022 (0.00) to Dec. 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.

Jubilee Gold Exploration Days Inventory Historical Data

The historical data trend for Jubilee Gold Exploration'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.

Jubilee Gold Exploration Days Inventory Chart

Jubilee Gold Exploration Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Inventory

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Jubilee Gold Exploration Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Jubilee Gold Exploration's Days Inventory

For the Gold subindustry, Jubilee Gold 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.

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

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

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

Jubilee Gold Exploration Days Inventory Calculation

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

Jubilee Gold Exploration'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 )	/	0.011	*	365
=	0					/	0.011	*	365
=	0.00

Jubilee Gold Exploration's Days Inventory for the quarter that ended in Dec. 2023 is calculated as:

	Days Inventory (Q: Dec. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0.004	*	365 / 4
=	0					/	0.004	*	365 / 4
=	0.00

Jubilee Gold Exploration (TSXV:JUB) 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.

Jubilee Gold Exploration's Inventory Turnover for the three months ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.004	/	0
	=

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.

Jubilee Gold Exploration's Inventory to Revenue for the three months ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0
	=

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.

Jubilee Gold Exploration Days Inventory Related Terms

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

Jubilee Gold Exploration (TSXV:JUB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Jubilee Gold Exploration Ltd (TSXV:JUB) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

696 Warden Avenue, Toronto, ON, CAN, M1L 4W4

Website

Jubilee Gold Exploration Ltd is a Canadian-based mineral exploration company. The company is engaged in the business of exploring resource properties in Canada. It primarily explores gold deposits. Its properties include Brenbar Gold Property, Casummit Lake Property, McGarry Royalty, Birney Lake Property, and Others.

Jubilee Gold Exploration (TSXV:JUB) Headlines

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