Rio2 (RIOFF) Change In Inventory : $0.00 Mil (TTM As of Sep. 2023)

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What is Rio2 Change In Inventory?

Rio2's change in inventory for the quarter that ended in Sep. 2023 was $0.00 Mil. It means Rio2's inventory stayed the same from Jun. 2023 to Sep. 2023 .

Rio2's change in inventory for the fiscal year that ended in Dec. 2022 was $0.00 Mil. It means Rio2's inventory stayed the same from Dec. 2021 to Dec. 2022 .

Rio2's Total Inventories for the quarter that ended in Sep. 2023 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Rio2's Days Inventory for the quarter that ended in Sep. 2023 was 0.00.

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.

Rio2 Change In Inventory Historical Data

The historical data trend for Rio2'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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Rio2 Change In Inventory Chart

Rio2 Annual Data

Trend

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Change In Inventory

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Rio2 Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Rio2 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Rio2 (OTCPK:RIOFF) Change In Inventory Explanation

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

Rio2'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	/	0.42	*	365 / 4
	=	0.00

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

Rio2's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.42	/	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.

Rio2's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0
	=	N/A

Rio2 Change In Inventory Related Terms

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Rio2 (RIOFF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rio2 Ltd (OTCPK:RIOFF) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

1SB:Germany RIO:Canada

Address

355 Burrard Street, Suite 1000, The Marine Building, Vancouver, BC, CAN, V6C 2G8

Website

https://www.rio2.com

Rio2 Ltd is a mining company with a focus on development and mining operations. It focuses on taking its Fenix Gold Project in Chile to production in the shortest possible timeframe based on a staged development strategy. In addition to the Fenix Gold Project in development in Chile. The Company has four operating segments in four geographic areas which is the corporate office in Canada, the financing of the Fenix Gold Project in the Bahamas the support of the Fenix Gold Project in Peru, and the development of the Fenix Gold Project in Chile.

Rio2 (RIOFF) Headlines

From GuruFocus

Rio2 Secures Environmental Approval for Fenix Gold Project

By GlobeNewswire • 12-20-2023

Rio2 Prices C$25 Million Marketed Public Offering and US$5 Million Non-Brokered Private Placement

By GlobeNewswire GlobeNewswire • 07-22-2021

Rio2 Limited Issues Shares In Lieu of Salaries

By GlobeNewswire • 10-06-2023

Rio2 Limited Gets Approval for Issuing Shares in Lieu of Salaries

By GlobeNewswire GlobeNewswire • 03-27-2023