New Klondike Exploration (New Klondike Exploration) Inventory Turnover : 0.00 (As of Aug. 2023)

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What is New Klondike Exploration 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. New Klondike Exploration's Cost of Goods Sold for the three months ended in Aug. 2023 was $0.00 Mil. New Klondike Exploration's Average Total Inventories for the quarter that ended in Aug. 2023 was $0.00 Mil.

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

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.

New Klondike Exploration Inventory Turnover Historical Data

The historical data trend for New Klondike Exploration'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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New Klondike Exploration Inventory Turnover Chart

New Klondike Exploration Annual Data

Trend

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Inventory Turnover

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New Klondike Exploration Quarterly Data
	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15	Nov16	Nov17	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Aug22	Aug23
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

New Klondike Exploration Inventory Turnover Calculation

New Klondike Exploration's Inventory Turnover for the fiscal year that ended in Nov. 2020 is calculated as

	Inventory Turnover (A: Nov. 2020 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Nov. 2020 )	/ (	(Total Inventories (A: Nov. 2019 )	+	Total Inventories (A: Nov. 2020 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

New Klondike Exploration's Inventory Turnover for the quarter that ended in Aug. 2023 is calculated as

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

New Klondike Exploration (OTCPK:URPLF) 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.

New Klondike Exploration's Days Inventory for the three months ended in Aug. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Aug. 2023 )	/	Cost of Goods Sold (Q: Aug. 2023 )	*	Days in Period
	=	0	/	0	*	365 / 4
	=

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.

New Klondike Exploration's Inventory to Revenue for the quarter that ended in Aug. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Aug. 2023 )	/	Revenue (Q: Aug. 2023 )
	=	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.

New Klondike Exploration Inventory Turnover Related Terms

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New Klondike Exploration (New Klondike Exploration) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » New Klondike Exploration Ltd (OTCPK:URPLF) » Definitions » Inventory Turnover

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Address

100 King Street West, Suite 3400, One First Canadian Place, Toronto, ON, CAN, M5X 1A4

Website

http://www.newklondike.com

New Klondike Exploration Ltd is a junior exploration company. It is engaged in the acquisition, exploration, and development of mineral properties. Its mineral exploration projects include the Goldstorm project, the Nickel Offsets property, and the Santa Maria project.

New Klondike Exploration (New Klondike Exploration) Headlines

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