NextSource Materials (TSX:NEXT) Change In Inventory : C$0.00 Mil (TTM As of Mar. 2024)

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What is NextSource Materials Change In Inventory?

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

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

NextSource Materials's Total Inventories for the quarter that ended in Mar. 2024 was C$1.31 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. NextSource Materials's Days Inventory for the quarter that ended in Mar. 2024 was 262.87.

Inventory Turnover measures how fast the company turns over its inventory within a year. NextSource Materials's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.35.

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.

NextSource Materials Change In Inventory Historical Data

The historical data trend for NextSource Materials'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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NextSource Materials Change In Inventory Chart

NextSource Materials Annual Data

Trend

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Change In Inventory

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NextSource Materials Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

NextSource Materials 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.

NextSource Materials (TSX:NEXT) Change In Inventory Explanation

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

NextSource Materials's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	1.184	/	0.411	*	365 / 4
	=	262.87

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.411	/	1.184
	=	0.35

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	1.184	/	0
	=	N/A

NextSource Materials Change In Inventory Related Terms

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NextSource Materials (TSX:NEXT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » NextSource Materials Inc (TSX:NEXT) » Definitions » Change In Inventory

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NSRCF:USA 1JWA:Germany

Address

130 King Street West, Exchange Tower, Suite 1940, Toronto, ON, CAN, M5X 2A2

Website

https://www.nextsourcematerials.com

NextSource Materials Inc is a strategic materials development company based in Toronto, Canada. The company's Molo graphite project in Madagascar is one of the largest known and highest-quality graphite deposits globally, and contains SuperFlake graphite. The company also holds an interest in Green Giant Vanadium Project.

Executives

Quentin Yarie

Director