Minerco (Minerco) Change In Inventory : $0.00 Mil (TTM As of Apr. 2017)

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What is Minerco Change In Inventory?

Minerco's change in inventory for the quarter that ended in Apr. 2017 was $0.00 Mil. It means Minerco's inventory stayed the same from Jan. 2017 to Apr. 2017 .

Minerco's change in inventory for the fiscal year that ended in Jul. 2016 was $0.12 Mil. It means Minerco's inventory declined by $0.12 Mil from Jul. 2015 to Jul. 2016 .

Minerco's Total Inventories for the quarter that ended in Apr. 2017 was $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.

Minerco Change In Inventory Historical Data

The historical data trend for Minerco'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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Minerco Change In Inventory Chart

Minerco Annual Data

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Change In Inventory

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-0.02

0.12

Minerco Quarterly Data
	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14	Oct14	Jan15	Apr15	Jul15	Oct15	Jan16	Apr16	Jul16	Oct16	Jan17	Apr17
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Minerco 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 Apr. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Minerco (OTCPK:MINE) Change In Inventory Explanation

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

Minerco'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 / 4
	=	N/A

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

Minerco's Inventory Turnover for the quarter that ended in Apr. 2017 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.

Minerco's Inventory to Revenue for the quarter that ended in Apr. 2017 is calculated as

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

Minerco Change In Inventory Related Terms

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