Rainy Mountain Royalty (TSXV:RMO) Days Inventory : 0.00 (As of Jan. 2024)

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What is Rainy Mountain Royalty Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). Rainy Mountain Royalty's Average Total Inventories for the three months ended in Jan. 2024 was C$0.00 Mil. Rainy Mountain Royalty's Cost of Goods Sold for the three months ended in Jan. 2024 was C$0.00 Mil.

The historical rank and industry rank for Rainy Mountain Royalty's Days Inventory or its related term are showing as below:

TSXV:RMO's Days Inventory is not ranked ^*
in the Metals & Mining industry.
Industry Median: 87.85
* Ranked among companies with meaningful Days Inventory only.

Rainy Mountain Royalty's Days Inventory stayed the same from Jan. 2023 (0.00) to Jan. 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.

Rainy Mountain Royalty Days Inventory Historical Data

The historical data trend for Rainy Mountain Royalty'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.

Rainy Mountain Royalty Days Inventory Chart

Rainy Mountain Royalty Annual Data

Trend

Apr14

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Apr16

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Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Days Inventory

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Rainy Mountain Royalty Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Rainy Mountain Royalty's Days Inventory

For the Other Industrial Metals & Mining subindustry, Rainy Mountain Royalty'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.

Rainy Mountain Royalty's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Rainy Mountain Royalty's Days Inventory falls into.

Rainy Mountain Royalty Days Inventory Calculation

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

Rainy Mountain Royalty's Days Inventory for the fiscal year that ended in Apr. 2023 is calculated as

	Days Inventory (A: Apr. 2023 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (A: Apr. 2022 )	+	Total Inventories (A: Apr. 2023 ))	/	count )	/	Cost of Goods Sold (A: Apr. 2023 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365
=	0					/	0	*	365
=	N/A

Rainy Mountain Royalty's Days Inventory for the quarter that ended in Jan. 2024 is calculated as:

	Days Inventory (Q: Jan. 2024 )
=	Average Total Inventories					/	Cost of Goods Sold	*	Days in Period
=	( (Total Inventories (Q: Oct. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (0	+	0)	/	1 )	/	0	*	365 / 4
=	0					/	0	*	365 / 4
=	N/A

Rainy Mountain Royalty (TSXV:RMO) 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.

Rainy Mountain Royalty's Inventory Turnover for the three months ended in Jan. 2024 is calculated as

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

Rainy Mountain Royalty's Inventory to Revenue for the three months ended in Jan. 2024 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.

Rainy Mountain Royalty Days Inventory Related Terms

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

Rainy Mountain Royalty (TSXV:RMO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rainy Mountain Royalty Corp (TSXV:RMO) » Definitions » Days Inventory

Comparable Companies

Traded in Other Exchanges

EK7N:Germany

Address

1199 West Hastings Street, Suite 800, Vancouver, BC, CAN, V6E 3T5

Website

http://www.rmroyalty.com

Rainy Mountain Royalty Corp is a mineral exploration project generator. The company is engaged in acquiring early-stage exploration opportunities and delivering them drill targets ready to joint venture partners. The company currently holds multiple property interests in Ontario and is primarily focused on shear-hosted gold and base metals properties with associated gold and silver credits. Its property portfolio consists of Marshall Lake and other properties.

Executives

Douglas Lawrence Mason

Director, Senior Officer