Noble Iron (TSXV:NIR.H) Change In Inventory : C$0.00 Mil (TTM As of Dec. 2023)

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What is Noble Iron Change In Inventory?

Noble Iron's change in inventory for the quarter that ended in Dec. 2023 was C$0.00 Mil. It means Noble Iron's inventory stayed the same from Sep. 2023 to Dec. 2023 .

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

Noble Iron's Total Inventories for the quarter that ended in Dec. 2023 was C$0.00 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.

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.

Noble Iron Change In Inventory Historical Data

The historical data trend for Noble Iron'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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Noble Iron Change In Inventory Chart

Noble Iron Annual Data

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Change In Inventory

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Noble Iron Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Noble Iron 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 quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

Noble Iron (TSXV:NIR.H) Change In Inventory Explanation

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

Noble Iron'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	*	365 / 4
	=	N/A

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

Noble Iron'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
	=	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.

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

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

Noble Iron Change In Inventory Related Terms

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Noble Iron (TSXV:NIR.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Noble Iron Inc (TSXV:NIR.H) » Definitions » Change In Inventory

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Address

7-871 Victoria Street North, Suite 330, Kitchener, ON, CAN, N2B 3S4

Website

http://www.nobleiron.com

Noble Iron Inc operates in equipment rental, equipment distribution, and enterprise asset management software for the construction and industrial equipment industry. The firm's software division operates under the name "Texada Software". Texada Software develops software applications to manage the complete equipment ownership lifecycle: from equipment purchasing, rental and sales transactions, inventory management, maintenance, and depreciation tracking through to used equipment sales, disposal, and inventory replenishment. Texada Software offers in the cloud or client-based software and is scalable to meet the needs of any equipment rental company, dealership, construction company, contractor, and any customer who owns or uses construction or industrial equipment.

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