GFG Resources (FRA:2GQ) Change In Inventory : €0.00 Mil (TTM As of Dec. 2023)

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What is GFG Resources Change In Inventory?

GFG Resources's change in inventory for the quarter that ended in Dec. 2023 was €0.00 Mil. It means GFG Resources's inventory stayed the same from Sep. 2023 to Dec. 2023 .

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

GFG Resources's Total Inventories for the quarter that ended in Dec. 2023 was €0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. GFG Resources's Days Inventory for the quarter that ended in Dec. 2023 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.

GFG Resources Change In Inventory Historical Data

The historical data trend for GFG 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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GFG Resources Change In Inventory Chart

GFG Resources Annual Data

Trend

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Change In Inventory

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GFG Resources Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

GFG 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.00 Mil.

GFG Resources (FRA:2GQ) Change In Inventory Explanation

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

GFG 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	/	0.006	*	365 / 4
	=	0.00

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

GFG Resources's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.006	/	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.

GFG Resources'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

GFG Resources Change In Inventory Related Terms

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GFG Resources (FRA:2GQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » GFG Resources Inc (FRA:2GQ) » Definitions » Change In Inventory

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GFGSF:USA GFG:Canada

Address

202-640 Broadway Avenue, Saskatoon, SK, CAN, S7N 1A9

Website

https://www.gfgresources.com

GFG Resources Inc is a precious metals exploration company. Its principal business is to acquire, explore, and develop interests in exploration and evaluation assets. The company holds an interest in the Rattlesnake Hills Gold Property which is located southwest of Casper in Central Wyoming, U.S., and Pen Gold and Dore Gold Projects located in Ontario, Canada.

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