Lexston Mining (FRA:W5G) Inventory Turnover : 0.00 (As of Feb. 2024)

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What is Lexston Mining Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Lexston Mining's Cost of Goods Sold for the three months ended in Feb. 2024 was €0.01 Mil. Lexston Mining's Average Total Inventories for the quarter that ended in Feb. 2024 was €0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lexston Mining's Days Inventory for the three months ended in Feb. 2024 was 0.00.

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.

Lexston Mining Inventory Turnover Historical Data

The historical data trend for Lexston Mining's Inventory Turnover 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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Lexston Mining Inventory Turnover Chart

Lexston Mining Annual Data

Trend

May21

May22

May23

Inventory Turnover

Lexston Mining Quarterly Data
	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Inventory Turnover	Get a 7-Day Free Trial									-	-	-	-	-

Lexston Mining Inventory Turnover Calculation

Lexston Mining's Inventory Turnover for the fiscal year that ended in May. 2023 is calculated as

	Inventory Turnover (A: May. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: May. 2023 )	/ (	(Total Inventories (A: May. 2022 )	+	Total Inventories (A: May. 2023 ))	/	count )
=	0.02	/ (	(0	+	0)	/	1 )
=	0.02	/	0
=	N/A

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

	Inventory Turnover (Q: Feb. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Feb. 2024 )	/ (	(Total Inventories (Q: Nov. 2023 )	+	Total Inventories (Q: Feb. 2024 ))	/	count )
=	0.005	/ (	(0	+	0)	/	1 )
=	0.005	/	0
=	N/A

Lexston Mining (FRA:W5G) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Lexston Mining's Days Inventory for the three months ended in Feb. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Feb. 2024 )	/	Cost of Goods Sold (Q: Feb. 2024 )	*	Days in Period
	=	0	/	0.005	*	365 / 4
	=	0.00

2. 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.

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

Inventory-to-Revenue	=	Average Total Inventories (Q: Feb. 2024 )	/	Revenue (Q: Feb. 2024 )
	=	0	/	0
	=

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Lexston Mining Inventory Turnover Related Terms

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Lexston Mining (FRA:W5G) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lexston Mining Corp (FRA:W5G) » Definitions » Inventory Turnover

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LEXTF:USA LEXT:Canada

Address

789 West Pender Street, Suite 1150, Vancouver, BC, CAN, V6C 1H2

Website

https://www.lexston.ca

Lexston Mining Corp is a Canadian mineral exploration company focused on the acquisition and development of mineral projects, with the objective to enhance value to all its stakeholders.

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