Advance Metals (ASX:AVM) Change In Inventory : A$0.00 Mil (TTM As of Jun. 2023)

View and export this data going back to 2007. Start your Free Trial

What is Advance Metals Change In Inventory?

Advance Metals's change in inventory for the quarter that ended in Jun. 2023 was A$0.00 Mil. It means Advance Metals's inventory stayed the same from Dec. 2022 to Jun. 2023 .

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

Advance Metals's Total Inventories for the quarter that ended in Jun. 2023 was A$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.

Advance Metals Change In Inventory Historical Data

The historical data trend for Advance Metals'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.

Advance Metals Change In Inventory Chart

Advance Metals Annual Data

Trend

Aug14

Aug15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

Advance Metals Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Advance Metals 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 Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.00 Mil.

Advance Metals (ASX:AVM) Change In Inventory Explanation

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

Advance Metals'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 / 2
	=	N/A

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

Advance Metals's Inventory Turnover for the quarter that ended in Jun. 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.

Advance Metals's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

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

Advance Metals Change In Inventory Related Terms

Thank you for viewing the detailed overview of Advance Metals's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Advance Metals (ASX:AVM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Advance Metals Ltd (ASX:AVM) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

89 York Street, Suite 706, Level 7, Sydney, NSW, AUS, 2000

Website

https://www.advancemetals.com.au

Advance Metals Ltd is a Australia-based mineral exploration company engaged in investment in renewable energy and coal exploration. It holds coal licenses for exploration in the coking coal regions of Kootenay in British Columbia and applications for exploration licenses in the metallurgical coal region of the Arkoma Basin in Oklahoma. The Group has only two reportable segments, being the geographic location of assets in Canada and Australia. The company plans to develop a portfolio of projects that support the green economy through the discovery and delivery of commodities that promote electrification and decarbonization.

Advance Metals (ASX:AVM) Headlines

No Headlines