Rochester Resources (TSXV:RCT) Change In Inventory : C$0.57 Mil (TTM As of Feb. 2024)

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What is Rochester Resources Change In Inventory?

Rochester Resources's change in inventory for the quarter that ended in Feb. 2024 was C$-0.21 Mil. It means Rochester Resources's inventory increased by C$0.21 Mil from Nov. 2023 to Feb. 2024 .

Rochester Resources's change in inventory for the fiscal year that ended in May. 2023 was C$0.25 Mil. It means Rochester Resources's inventory declined by C$0.25 Mil from May. 2022 to May. 2023 .

Rochester Resources's Total Inventories for the quarter that ended in Feb. 2024 was C$0.70 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Rochester Resources's Days Inventory for the quarter that ended in Feb. 2024 was 17.18.

Inventory Turnover measures how fast the company turns over its inventory within a year. Rochester Resources's Inventory Turnover for the quarter that ended in Feb. 2024 was 5.31.

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. Rochester Resources's Inventory-to-Revenue for the quarter that ended in Feb. 2024 was 0.26.

Rochester Resources Change In Inventory Historical Data

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

Rochester Resources Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Change In Inventory

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0.09

0.16

-0.56

-0.41

0.25

Rochester Resources Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Change In Inventory	Get a 7-Day Free Trial															-0.02	0.18	-0.08	0.68	-0.21

Rochester 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.57 Mil.

Rochester Resources (TSXV:RCT) Change In Inventory Explanation

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

Rochester 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
	=	0.5965	/	3.168	*	365 / 4
	=	17.18

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	3.168	/	0.5965
	=	5.31

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.5965	/	2.288
	=	0.26

Rochester Resources Change In Inventory Related Terms

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Rochester Resources (TSXV:RCT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rochester Resources Ltd (TSXV:RCT) » Definitions » Change In Inventory

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RCTFF:USA

Address

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

Website

http://www.rochesterresources.com

Rochester Resources Ltd is a Canada-based mineral exploration and development company. Principally, the company is engaged in the business of acquisition, exploration, and development of exploration and evaluation of assets in Mexico. It holds 100% interest in the Mina real and San Francisco properties. The firm operates in one segment being the acquisition, exploration and development of exploration and evaluation assets Its mineral operations are located in Mexico and its corporate assets are located in Canada. It derives revenue from mineral exploration activity in Mexico.

Executives

Jose Manuel Silva

Senior Officer

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