Salazar Resources (Salazar Resources) Change In Inventory : $0.01 Mil (TTM As of Mar. 2024)

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What is Salazar Resources Change In Inventory?

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

Salazar Resources's change in inventory for the fiscal year that ended in Dec. 2023 was $0.09 Mil. It means Salazar Resources's inventory declined by $0.09 Mil from Dec. 2022 to Dec. 2023 .

Salazar Resources's Total Inventories for the quarter that ended in Mar. 2024 was $0.34 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Salazar Resources's Days Inventory for the quarter that ended in Mar. 2024 was 1,705.87.

Inventory Turnover measures how fast the company turns over its inventory within a year. Salazar Resources's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.05.

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.

Salazar Resources Change In Inventory Historical Data

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

Salazar Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-0.78

0.25

0.06

0.09

Salazar Resources Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															0.06	0.02	-	0.01	-

Salazar 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.01 Mil.

Salazar Resources (OTCPK:SRLZF) Change In Inventory Explanation

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

Salazar 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
	=	0.3365	/	0.018	*	365 / 4
	=	1,705.87

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

Salazar Resources's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.018	/	0.3365
	=	0.05

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.

Salazar Resources's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.3365	/	0
	=	N/A

Salazar Resources Change In Inventory Related Terms

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Salazar Resources (Salazar Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Salazar Resources Ltd (OTCPK:SRLZF) » Definitions » Change In Inventory

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CCG:Germany SRL:Canada

Address

1090 West Georgia Street, Suite 1305, Vancouver, BC, CAN, V6E 3V7

Website

https://www.salazarresources.com

Salazar Resources Ltd is a Canada based junior mineral exploration company engaged in the acquisition and exploration of mineral properties located in Latin America. Its projects include Curipamba and Ruminahui. The Company operates in one reportable segment, the exploration and development of unproven exploration and evaluation assets. The Company's exploration and evaluation assets are located in Ecuador and its corporate assets are located in Canada.

Salazar Resources (Salazar Resources) Headlines

From GuruFocus

ADVENTUS MINING AND SALAZAR RESOURCES SECURE US$235.5 MILLION WITH WHEATON PRECIOUS METALS AND TRAFIGURA TO CONSTRUCT THE CURIPAMBA COPPER PROJECT

By PRNewswire PRNewswire • 01-18-2022