Lithium Royalty (TSX:LIRC) Change In Inventory : C$0.00 Mil (TTM As of Mar. 2024)

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What is Lithium Royalty Change In Inventory?

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

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

Lithium Royalty's Total Inventories for the quarter that ended in Mar. 2024 was C$0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lithium Royalty'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. Lithium Royalty's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Lithium Royalty Change In Inventory Historical Data

The historical data trend for Lithium Royalty'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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Lithium Royalty Change In Inventory Chart

Lithium Royalty Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Lithium Royalty Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial								-	-	-	-	-

Lithium Royalty 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 C$0.00 Mil.

Lithium Royalty (TSX:LIRC) Change In Inventory Explanation

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

Lithium Royalty'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	/	0.192	*	365 / 4
	=	0.00

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.192	/	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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.854
	=	0.00

Lithium Royalty Change In Inventory Related Terms

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Lithium Royalty (TSX:LIRC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lithium Royalty Corp (TSX:LIRC) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

LITRF:USA X1Q:Germany

Address

1133 Yonge Street, 5th Floor, Toronto, ON, CAN, M4T 2Y7

Website

https://www.lithiumroyaltycorp.com

Lithium Royalty Corp is a lithium-focused royalty company organized in Canada. The firm with affiliates or joint venture partners has established a portfolio of royalties on mineral properties that supply and are expected to supply raw materials to support the electrification and decarbonization of the global economy.

Executives

Blair Levinsky

Director, Senior Officer

Lithium Royalty (TSX:LIRC) Headlines

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