Ascendant Resources (Ascendant Resources) Change In Inventory : $0.00 Mil (TTM As of Mar. 2024)

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What is Ascendant Resources Change In Inventory?

Ascendant Resources's change in inventory for the quarter that ended in Mar. 2024 was $0.00 Mil. It means Ascendant Resources's inventory stayed the same from Dec. 2023 to Mar. 2024 .

Ascendant Resources's change in inventory for the fiscal year that ended in Dec. 2023 was $0.00 Mil. It means Ascendant Resources's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Ascendant Resources's Total Inventories for the quarter that ended in Mar. 2024 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ascendant Resources's Days Inventory for the quarter that ended in Mar. 2024 was 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.

Ascendant Resources Change In Inventory Historical Data

The historical data trend for Ascendant Resources's Change In 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.

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Ascendant Resources Change In Inventory Chart

Ascendant Resources Annual Data

Trend

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Dec23

Change In Inventory

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-1.21

Ascendant Resources Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Ascendant Resources Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Ascendant Resources (OTCPK:ASDRF) Change In Inventory Explanation

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

Ascendant Resources's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0	/	0.022	*	365 / 4
	=	0.00

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Ascendant Resources's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.022	/	0
	=	N/A

3. 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.

Ascendant Resources's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

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

Ascendant Resources Change In Inventory Related Terms

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Ascendant Resources (Ascendant Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ascendant Resources Inc (OTCPK:ASDRF) » Definitions » Change In Inventory

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Traded in Other Exchanges

2D9:Germany ASND:Canada

Address

200 Bay Street, Suite 3205, Toronto, ON, CAN, M5J 2J2

Website

https://www.ascendantresources.com

Ascendant Resources Inc is a mining company. The company is engaged in evaluating resource opportunities. It is focused on its own producing El Mochito zinc, silver and lead mine. The El Mochito mine is located in northwestern Honduras. The underground operation takes advantage of selective and bulk underground mining methods to mine multiple flat-lying manto deposits and high-grade vertical chimneys, producing zinc and lead concentrates with silver credits. It also holds an interest in Lagoa Salgada Project.