Lithium Australia (ASX:LIT) Change In Inventory : A$0.00 Mil (TTM As of Dec. 2023)

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What is Lithium Australia Change In Inventory?

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

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

Lithium Australia's Total Inventories for the quarter that ended in Dec. 2023 was A$0.78 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lithium Australia's Days Inventory for the quarter that ended in Dec. 2023 was 58.46.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lithium Australia's Inventory Turnover for the quarter that ended in Dec. 2023 was 3.12.

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. Lithium Australia's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.29.

Lithium Australia Change In Inventory Historical Data

The historical data trend for Lithium Australia'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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Lithium Australia Change In Inventory Chart

Lithium Australia Annual Data

Trend

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Change In Inventory

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Lithium Australia Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	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															-	-	-	-	-

Lithium Australia 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 semi-annually data reported by the company within the most recent 12 months, which was A$0.00 Mil.

Lithium Australia (ASX:LIT) Change In Inventory Explanation

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

Lithium Australia's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.756	/	2.36	*	365 / 2
	=	58.46

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

Lithium Australia's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	2.36	/	0.756
	=	3.12

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.756	/	2.585
	=	0.29

Lithium Australia Change In Inventory Related Terms

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Lithium Australia (ASX:LIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lithium Australia Ltd (ASX:LIT) » Definitions » Change In Inventory

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Traded in Other Exchanges

LMMFF:USA 3MW:Germany

Address

677 Murray Street, Level 1, Perth, WA, AUS, 6005

Website

https://www.lithium-au.com

Lithium Australia Ltd is engaged in the acquisition, mineral exploration, and process development, for the extraction and recovery of lithium. Its reportable segment includes Battery Recycling, Battery Materials, Chemicals, and Raw Materials. The majority of its revenue derives from the Battery Recycling segment which includes research and development of processing technology for mixed-battery recycling, as well as the sale of recovered energy metals.