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Northern Graphite (TSXV:NGC) Change In Inventory : C$1.38 Mil (TTM As of Sep. 2023)


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What is Northern Graphite Change In Inventory?

Northern Graphite's change in inventory for the quarter that ended in Sep. 2023 was C$3.25 Mil. It means Northern Graphite's inventory declined by C$3.25 Mil from Jun. 2023 to Sep. 2023 .

Northern Graphite's change in inventory for the fiscal year that ended in Dec. 2022 was C$-6.22 Mil. It means Northern Graphite's inventory increased by C$6.22 Mil from Dec. 2021 to Dec. 2022 .

Northern Graphite's Total Inventories for the quarter that ended in Sep. 2023 was C$22.42 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Northern Graphite's Days Inventory for the quarter that ended in Sep. 2023 was 481.45.

Inventory Turnover measures how fast the company turns over its inventory within a year. Northern Graphite's Inventory Turnover for the quarter that ended in Sep. 2023 was 0.19.

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. Northern Graphite's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 4.53.

Northern Graphite Change In Inventory Historical Data

The historical data trend for Northern Graphite'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.

* Premium members only.

Northern Graphite Change In Inventory Chart

Northern Graphite Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -6.22

Northern Graphite 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.34 -4.23 - 2.37 3.25

Northern Graphite 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 C$1.38 Mil.

* 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.

Northern Graphite  (TSXV:NGC) Change In Inventory Explanation

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

Northern Graphite's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=22.3235/4.231*365 / 4
=481.45

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

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

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=4.231 / 22.3235
=0.19

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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=22.3235 / 4.933
=4.53

* 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.

Northern Graphite Change In Inventory Related Terms

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Northern Graphite (TSXV:NGC) Business Description

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Address
1000 Innovation Drive, Suite 500, Ottawa, ON, CAN, K2K 3E7
Website
https://www.northerngraphite.com
Northern Graphite Corp is a Canada-based exploration stage company engaged in the exploration and development of mineral resource properties. The company is focused on producing natural graphite and upgrading it into high-value products critical to the green economy including anode material for lithium-ion batteries/EVs, fuel cells, and graphene, as well as advanced industrial technologies. Its exploration and development activities are focused on the Bissett Creek Property in Ontario, Canada, and Okanjande in Namibia.