Mongolian Mining (Mongolian Mining) Change In Inventory : $0 Mil (TTM As of Dec. 2023)

View and export this data going back to . Start your Free Trial

What is Mongolian Mining Change In Inventory?

Mongolian Mining's change in inventory for the quarter that ended in Dec. 2023 was $0 Mil. It means Mongolian Mining's inventory stayed the same from Jun. 2023 to Dec. 2023 .

Mongolian Mining's change in inventory for the fiscal year that ended in Dec. 2023 was $4 Mil. It means Mongolian Mining's inventory declined by $4 Mil from Dec. 2022 to Dec. 2023 .

Mongolian Mining's Total Inventories for the quarter that ended in Dec. 2023 was $99 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mongolian Mining's Days Inventory for the quarter that ended in Dec. 2023 was 59.95.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mongolian Mining's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.04.

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. Mongolian Mining's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.19.

Mongolian Mining Change In Inventory Historical Data

The historical data trend for Mongolian Mining'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.

* Premium members only.

Mongolian Mining Change In Inventory Chart

Mongolian Mining Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

-9.55

3.26

-53.40

56.87

3.84

Mongolian Mining Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Mongolian Mining 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 $0 Mil.

Mongolian Mining (OTCPK:MOGLF) Change In Inventory Explanation

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

Mongolian Mining's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	99.062	/	301.583	*	365 / 2
	=	59.95

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	301.583	/	99.062
	=	3.04

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.

Mongolian Mining's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	99.062	/	518.12
	=	0.19

Mongolian Mining Change In Inventory Related Terms

Thank you for viewing the detailed overview of Mongolian Mining's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Mongolian Mining (Mongolian Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Mongolian Mining Corp (OTCPK:MOGLF) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

00975:Hong Kong 29X2:Germany

Address

Central Tower, 16th Floor, Sukhbaatar District, Ulaanbaatar, MNG, 14200

Website

https://www.mmc.mn

Mongolian Mining Corp, together with its subsidiaries, engages in the mining, processing, transportation, and sale of coal products in Mongolia. The company owns and operates the Ukhaa Khudag and the Baruun Naran open-pit coking coal mines located in the Umnugobi aimag, Mongolia. The company generates revenue from the sale of Washed hard-coking coal, Washed semi-soft coking coal, Washed thermal coal, and Raw thermal coal. The majority of the revenue is generated from the sale of Washed hard-coking coal. China accounts for the majority of the sale of its products.

Mongolian Mining (Mongolian Mining) Headlines

From GuruFocus

Mongolian Mining Corp.: A High-Profit-Margin Play with Room to Grow

By Yiannis Mostrous Yiannis Mostrous • 03-09-2012