Cordoba Minerals (TSXV:CDB) Inventory Turnover : 0.00 (As of Mar. 2024)

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What is Cordoba Minerals 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. Cordoba Minerals's Cost of Goods Sold for the three months ended in Mar. 2024 was C$0.21 Mil. Cordoba Minerals's Average Total Inventories for the quarter that ended in Mar. 2024 was C$0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cordoba Minerals's Days Inventory for the three months ended in Mar. 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.

Cordoba Minerals Inventory Turnover Historical Data

The historical data trend for Cordoba Minerals'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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Cordoba Minerals Inventory Turnover Chart

Cordoba Minerals Annual Data

Trend

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Dec23

Inventory Turnover

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Cordoba Minerals Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Cordoba Minerals Inventory Turnover Calculation

Cordoba Minerals's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	0.611	/ (	(0	+	0)	/	1 )
=	0.611	/	0
=	N/A

Cordoba Minerals's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	0.21	/ (	(0	+	0)	/	1 )
=	0.21	/	0
=	N/A

Cordoba Minerals (TSXV:CDB) 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.

Cordoba Minerals's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	0	/	0.21	*	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.

Cordoba Minerals's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

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

Cordoba Minerals Inventory Turnover Related Terms

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Cordoba Minerals (TSXV:CDB) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cordoba Minerals Corp (TSXV:CDB) » Definitions » Inventory Turnover

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CDBMF:USA 7C6A:Germany

Address

999 Canada Place, Suite 606, Vancouver, BC, CAN, V6C 3E1

Website

https://www.cordobaminerals.com

Cordoba Minerals Corp is an exploration and development company. The principal business of the company is the acquisition, exploration, and development of precious and base metal properties. It is focused on projects located in Colombia and the United States. The geographical segments of the group are Canada, Colombia and the United States.

Cordoba Minerals (TSXV:CDB) Headlines

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