Mineral Commodities (ASX:MRC) Change In Inventory: A$0.00 Mil (TTM As of Jun. 2024)

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What is Mineral Commodities Change In Inventory?

Mineral Commodities ASX:MRC Change In Inventory is A$0.00 Mil as of Jun. 2024.

Mineral Commodities's change in inventory for the quarter that ended in Jun. 2024 was A$0.00 Mil. It means Mineral Commodities's inventory stayed the same from Dec. 2023 to Jun. 2024 .

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

Mineral Commodities's Total Inventories for the quarter that ended in Jun. 2024 was A$1.52 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. Mineral Commodities's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.00.

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. Mineral Commodities's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 1.17.

Mineral Commodities  (ASX:MRC) Change In Inventory Explanation

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

Mineral Commodities's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=21.197/0*365 / 2
=N/A

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

Mineral Commodities's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0 / 21.197
=0.00

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.

Mineral Commodities's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=21.197 / 18.087
=1.17

* 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.

Mineral Commodities Change In Inventory Related Terms

Mineral Commodities Change In Inventory Historical Data

* Premium members only.

The historical data trend for Mineral Commodities'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.

Mineral Commodities Change In Inventory Chart

Mineral Commodities Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Mineral Commodities Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 0.00 0.00 0.00 0.00 0.00

Mineral Commodities 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. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.00 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of A$0.00 Mil mean?
Mineral Commodities (ASX:MRC) has a Change In Inventory of A$0.00 Mil as of Jun. 2024. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Mineral Commodities and its competitors.
Is Mineral Commodities' Change In Inventory too high?
Mineral Commodities' current Change In Inventory is A$0.00 Mil.
How does Mineral Commodities' Change In Inventory compare to competitors?
Mineral Commodities' Change In Inventory of A$0.00 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Metals & Mining company?
A good Change In Inventory depends on the Metals & Mining industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Mineral Commodities and its competitors. Mineral Commodities's current Change In Inventory is A$0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mineral Commodities stock overvalued right now?
Mineral Commodities (ASX:MRC) has a current Change In Inventory of A$0.00 Mil. The current Change In Inventory is A$0.00 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Mineral Commodities (ASX:MRC), the current Change In Inventory is A$0.00 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Mineral Commodities Business Description

Address 161 Great Eastern Highway, Level 2, Belmont, WA, AUS, 6104
Mineral Commodities Ltd is a mineral exploration and development company. It has Tormin Mineral Sands projects in South Africa. The company is also engaged in graphite mining and processing at the Skaland Graphite Operation in Norway, exploration and evaluation for the future development of the Munglinup Graphite Project in Australia, and evaluation for the future development of an Active Anode Materials Plant to produce graphitic anode materials in Australia and Norway. Its reportable segments are the Tormin Project which generates key revenue, Xolobeni Project, Skaland Project, Australia exploration, and Corporate.