Morien Resources (Morien Resources) Change In Inventory : $0.00 Mil (TTM As of Dec. 2023)

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What is Morien Resources Change In Inventory?

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

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

Morien Resources's Total Inventories for the quarter that ended in Dec. 2023 was $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. Morien Resources's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Morien Resources Change In Inventory Historical Data

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

Morien Resources Annual Data

Trend

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Change In Inventory

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Morien 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															-	-	-	-	-

Morien 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 $0.00 Mil.

Morien Resources (OTCPK:APMCF) Change In Inventory Explanation

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

Morien 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.

Morien 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.

Morien Resources's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.022
	=	0.00

Morien Resources Change In Inventory Related Terms

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Morien Resources (Morien Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Other Energy Sources » Morien Resources Corp (OTCPK:APMCF) » Definitions » Change In Inventory

Traded in Other Exchanges

35BN:Germany MOX:Canada

Address

1701 Hollis Street, Suite 800, Halifax, NS, CAN, B3J 3M8

Website

https://www.morienres.com

Morien Resources Corp is engaged in the business of identification and purchase of mineral projects. It operates as a mining development company that holds royalty interests in two tidewater accessed projects, namely the Donkin Coal Mine and the Black Point Aggregate Project. The company derives revenue in the form of royalty interests.

Morien Resources (Morien Resources) Headlines

From GuruFocus

Morien Announces Virtual Annual Meeting of Shareholders, Files Proxy Circular

By GlobeNewswire GlobeNewswire • 04-26-2021