Northern Minerals (Northern Minerals) Change In Inventory : $0.00 Mil (TTM As of Dec. 2023)

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What is Northern Minerals Change In Inventory?

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

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

Northern Minerals's Total Inventories for the quarter that ended in Dec. 2023 was $0.10 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. Northern Minerals's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.00.

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.

Northern Minerals Change In Inventory Historical Data

The historical data trend for Northern Minerals'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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Northern Minerals Change In Inventory Chart

Northern Minerals Annual Data

Trend

Jun14

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Jun23

Change In Inventory

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Northern Minerals 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															-	-	-	-	-

Northern Minerals 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 $0.00 Mil.

Northern Minerals (OTCPK:NOURF) Change In Inventory Explanation

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

Northern Minerals's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.1025	/	0	*	365 / 2
	=	N/A

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	0.1025
	=	0.00

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.1025	/	0
	=	N/A

Northern Minerals Change In Inventory Related Terms

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Northern Minerals (Northern Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Northern Minerals Ltd (OTCPK:NOURF) » Definitions » Change In Inventory

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Traded in Other Exchanges

NUN:Germany NTU:Australia

Address

Ground Floor, 34 Colin Street, West Perth, Perth, WA, AUS, 6005

Website

https://www.northernminerals.com.au

Northern Minerals Ltd is a mineral exploration company. It is engaged in the exploration and producer of the heavy rare earth, dysprosium outside of China. The company's portfolio consists of three projects, the Browns Range and John Galt projects in Western Australia and the Boulder Ridge Project located in the Northern Territory.

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