Globex Mining Enterprises (Globex Mining Enterprises) Change In Inventory : $0.00 Mil (TTM As of Mar. 2024)

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What is Globex Mining Enterprises Change In Inventory?

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

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

Globex Mining Enterprises'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. Globex Mining Enterprises'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. Globex Mining Enterprises's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Globex Mining Enterprises Change In Inventory Historical Data

The historical data trend for Globex Mining Enterprises'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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Globex Mining Enterprises Change In Inventory Chart

Globex Mining Enterprises Annual Data

Trend

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Change In Inventory

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Globex Mining Enterprises 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															-	-	-	-	-

Globex Mining Enterprises 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.

Globex Mining Enterprises (OTCPK:GLBXF) Change In Inventory Explanation

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

Globex Mining Enterprises'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	/	0.016	*	365 / 4
	=	0.00

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

Globex Mining Enterprises's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.016	/	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.

Globex Mining Enterprises's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.326
	=	0.00

Globex Mining Enterprises Change In Inventory Related Terms

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Globex Mining Enterprises (Globex Mining Enterprises) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Globex Mining Enterprises Inc (OTCPK:GLBXF) » Definitions » Change In Inventory

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Traded in Other Exchanges

G1MN:Germany G1MN:Germany GMX:Canada

Address

89 Belsize Drive, Toronto, ON, CAN, M4S 1L3

Website

https://www.globexmining.com

Globex Mining Enterprises Inc is a Canada-based exploration company. The company is engaged in the acquisition, development, and exploration of mineral properties in North America. The company's mineral portfolio consists of early to mid-stage exploration, development and royalty properties which contain Base Metals, Specialty Metals and Minerals and Industrial Minerals.