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West Red Lake Gold Mines (TSXV:WRLG) Change In Inventory : C$-0.13 Mil (TTM As of Feb. 2024)


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What is West Red Lake Gold Mines Change In Inventory?

West Red Lake Gold Mines's change in inventory for the quarter that ended in Feb. 2024 was C$-0.13 Mil. It means West Red Lake Gold Mines's inventory increased by C$0.13 Mil from Nov. 2023 to Feb. 2024 .

West Red Lake Gold Mines's change in inventory for the fiscal year that ended in Nov. 2023 was C$-0.35 Mil. It means West Red Lake Gold Mines's inventory increased by C$0.35 Mil from Nov. 2022 to Nov. 2023 .

West Red Lake Gold Mines's Total Inventories for the quarter that ended in Feb. 2024 was C$0.48 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. West Red Lake Gold Mines's Days Inventory for the quarter that ended in Feb. 2024 was 117.63.

Inventory Turnover measures how fast the company turns over its inventory within a year. West Red Lake Gold Mines's Inventory Turnover for the quarter that ended in Feb. 2024 was 0.78.

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.


West Red Lake Gold Mines Change In Inventory Historical Data

The historical data trend for West Red Lake Gold Mines'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.

* Premium members only.

West Red Lake Gold Mines Change In Inventory Chart

West Red Lake Gold Mines Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -0.35

West Red Lake Gold Mines 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -0.13

West Red Lake Gold Mines 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$-0.13 Mil.

* 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.


West Red Lake Gold Mines  (TSXV:WRLG) Change In Inventory Explanation

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

West Red Lake Gold Mines's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.4125/0.32*365 / 4
=117.63

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

West Red Lake Gold Mines's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

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.

West Red Lake Gold Mines's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as

* 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.


West Red Lake Gold Mines Change In Inventory Related Terms

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West Red Lake Gold Mines (TSXV:WRLG) Business Description

Traded in Other Exchanges
Address
595 Burrard Street, Suite 3123, Toronto, ON, CAN, V7X 1J1
West Red Lake Gold Mines Ltd is engaged in the exploration and development of the West Red Lake Project located in the Red Lake Gold District of Northwestern Ontario, Canada.
Executives
Frank Giustra 10% Security Holder

West Red Lake Gold Mines (TSXV:WRLG) Headlines

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