McLaren Resources (XCNQ:MCL) Change In Inventory : C$0.00 Mil (TTM As of Dec. 2023)

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What is McLaren Resources Change In Inventory?

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

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

McLaren Resources'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.

McLaren Resources Change In Inventory Historical Data

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

McLaren Resources Annual Data

Trend

Sep14

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Sep16

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Sep20

Sep21

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Sep23

Change In Inventory

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McLaren Resources 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															-	-	-	-	-

McLaren 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

McLaren Resources (XCNQ:MCL) Change In Inventory Explanation

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

McLaren 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	/	0	*	365 / 4
	=	N/A

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

McLaren Resources'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.

McLaren Resources'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

McLaren Resources Change In Inventory Related Terms

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McLaren Resources (XCNQ:MCL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » McLaren Resources Inc (XCNQ:MCL) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

3ML:Germany

Address

44 Victoria Street, Suite 1616, Toronto, ON, CAN, M5C 1Y2

Website

http://www.mclarenresources.com

McLaren Resources Inc is engaged in the acquisition, exploration, and development of mineral resource properties. The company holds an interest in Blue Quartz gold property, Augdome property, McCool gold property and Kerrs.

Executives

Radovan Danilovsky

Senior Officer

McLaren Resources (XCNQ:MCL) Headlines

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