Richmond Minerals (TSXV:RMD) Change In Inventory : C$0.00 Mil (TTM As of Nov. 2023)

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What is Richmond Minerals Change In Inventory?

Richmond Minerals's change in inventory for the quarter that ended in Nov. 2023 was C$0.00 Mil. It means Richmond Minerals's inventory stayed the same from Aug. 2023 to Nov. 2023 .

Richmond Minerals's change in inventory for the fiscal year that ended in May. 2023 was C$0.00 Mil. It means Richmond Minerals's inventory stayed the same from May. 2022 to May. 2023 .

Richmond Minerals's Total Inventories for the quarter that ended in Nov. 2023 was C$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.

Richmond Minerals Change In Inventory Historical Data

The historical data trend for Richmond Minerals'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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Richmond Minerals Change In Inventory Chart

Richmond Minerals Annual Data

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Change In Inventory

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Richmond Minerals Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Richmond Minerals 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 Nov. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

Richmond Minerals (TSXV:RMD) Change In Inventory Explanation

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

Richmond Minerals'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.

Richmond Minerals's Inventory Turnover for the quarter that ended in Nov. 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.

Richmond Minerals's Inventory to Revenue for the quarter that ended in Nov. 2023 is calculated as

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

Richmond Minerals Change In Inventory Related Terms

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Richmond Minerals (TSXV:RMD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Richmond Minerals Inc (TSXV:RMD) » Definitions » Change In Inventory

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R520:Germany

Address

120 Adelaide Street West, Suite 2500, Toronto, ON, CAN, M5H 1T1

Website

https://www.richmondminerals.com

Richmond Minerals Inc is a mineral exploration company. It is mainly engaged in base and precious metal mining and related activities, including exploration and development in Northern Ontario and Quebec. The company owns an interest in Probe Mines Borden Lake Gold Properties, Ridley Lake Project, Iamgold Jerome Mines, and Iamgold Cote Lake properties. The Company operates in one industry segment, Junior exploration and evaluation, but operates geographically in two countries, Canada and Austria.