Richmond Vanadium Technology (ASX:RVT) Change In Inventory : A$0.00 Mil (TTM As of Dec. 2023)

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What is Richmond Vanadium Technology Change In Inventory?

Richmond Vanadium Technology's change in inventory for the quarter that ended in Dec. 2023 was A$0.00 Mil. It means Richmond Vanadium Technology's inventory stayed the same from Jun. 2023 to Dec. 2023 .

Richmond Vanadium Technology's change in inventory for the fiscal year that ended in Jun. 2023 was A$0.00 Mil. It means Richmond Vanadium Technology's inventory stayed the same from Jun. 2022 to Jun. 2023 .

Richmond Vanadium Technology's Total Inventories for the quarter that ended in Dec. 2023 was A$0.00 Mil.

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

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.

Richmond Vanadium Technology Change In Inventory Historical Data

The historical data trend for Richmond Vanadium Technology'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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Richmond Vanadium Technology Change In Inventory Chart

Richmond Vanadium Technology Annual Data

Trend

Jun22

Jun23

Change In Inventory

Richmond Vanadium Technology Semi-Annual Data
	Dec22	Jun23	Dec23
Change In Inventory	-	-	-

Richmond Vanadium Technology 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.00 Mil.

Richmond Vanadium Technology (ASX:RVT) Change In Inventory Explanation

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

Richmond Vanadium Technology'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	*	365 / 2
	=	N/A

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

Richmond Vanadium Technology's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

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

Richmond Vanadium Technology's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

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

Richmond Vanadium Technology Change In Inventory Related Terms

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Richmond Vanadium Technology (ASX:RVT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Richmond Vanadium Technology Ltd (ASX:RVT) » Definitions » Change In Inventory

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Traded in Other Exchanges

N/A

Address

251 Adelaide Terrace, Level 11, Perth, WA, AUS, 6000

Website

https://www.richmondvanadium.com.au

Richmond Vanadium Technology Ltd is an Australian minerals exploration company advancing its Richmond Vanadium Project in north Queensland. The Richmond-Julia Creek Vanadium Project is the non-titanomagnetite vanadium deposit of its kind (soft marine sediments) globally and can produce a supply of vanadium for the steel and emerging energy storage markets. The project involves the development of an open cut, free dig vanadium mining operation producing vanadium pentoxide (V2O5) concentrate from the ore reserve.