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Bitterroot Resources (TSXV:BTT) Days Inventory : 0.00 (As of Jul. 2024)


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What is Bitterroot Resources Days Inventory?

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

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

TSXV:BTT's Days Inventory is not ranked *
in the Metals & Mining industry.
Industry Median: 86.18
* Ranked among companies with meaningful Days Inventory only.

Bitterroot Resources's Days Inventory stayed the same from Jul. 2023 (0.00) to Jul. 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.


Bitterroot Resources Days Inventory Historical Data

The historical data trend for Bitterroot Resources'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.

Bitterroot Resources Days Inventory Chart

Bitterroot Resources Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Days Inventory
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Bitterroot Resources Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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Competitive Comparison of Bitterroot Resources's Days Inventory

For the Other Industrial Metals & Mining subindustry, Bitterroot Resources'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.


Bitterroot Resources's Days Inventory Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Bitterroot Resources's Days Inventory falls into.



Bitterroot Resources Days Inventory Calculation

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

Bitterroot Resources's Days Inventory for the fiscal year that ended in Oct. 2023 is calculated as

Days Inventory (A: Oct. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Oct. 2022 ) + Total Inventories (A: Oct. 2023 )) / count ) / Cost of Goods Sold (A: Oct. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 0.017*365
=0 / 0.017*365
=0.00

Bitterroot Resources's Days Inventory for the quarter that ended in Jul. 2024 is calculated as:

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

* 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.


Bitterroot Resources  (TSXV:BTT) 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.

Bitterroot Resources's Inventory Turnover for the three months ended in Jul. 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.

Bitterroot Resources's Inventory to Revenue for the three months ended in Jul. 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.


Bitterroot Resources Days Inventory Related Terms

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


Bitterroot Resources Business Description

Traded in Other Exchanges
Address
1571 Bellevue Avenue, Suite 206-B, West Vancouver, Vancouver, BC, CAN, V7V 1A6
Bitterroot Resources Ltd is a Canada-based company. It is involved in the acquisition, exploration and development of exploration and evaluation assets including industrial metals and minerals. Geographically it operates in Canada and the United States of America. Its portfolio of projects consists of Coyote Sinter Property; Castle West Project; LM Property and Others.
Executives
Michael Stewart Carr Director, Senior Officer
George Walter Sanders Director

Bitterroot Resources Headlines