Moreton Resources (ASX:MRV) Change In Inventory: A$0.00 Mil (TTM As of Dec. 2018)

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What is Moreton Resources Change In Inventory?

Moreton Resources ASX:MRV Change In Inventory is A$0.00 Mil as of Dec. 2018. The stock has 4 warning signs investors should review.

Moreton Resources's change in inventory for the quarter that ended in Dec. 2018 was A$0.00 Mil. It means Moreton Resources's inventory stayed the same from Jun. 2018 to Dec. 2018 .

Moreton Resources's change in inventory for the fiscal year that ended in Jun. 2019 was A$0.00 Mil. It means Moreton Resources's inventory stayed the same from Jun. 2018 to Jun. 2019 .

Moreton Resources's Total Inventories for the quarter that ended in Dec. 2018 was A$9.56 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. Moreton Resources's Inventory Turnover for the quarter that ended in Dec. 2018 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.

Moreton Resources  (ASX:MRV) Change In Inventory Explanation

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

Moreton Resources's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=9.555/0*365 / 2
=N/A

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

Moreton Resources's Inventory Turnover for the quarter that ended in Dec. 2018 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0 / 9.555
=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.

Moreton Resources's Inventory to Revenue for the quarter that ended in Dec. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=9.555 / 0
=N/A

* 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.

Moreton Resources Change In Inventory Related Terms

Moreton Resources Change In Inventory Historical Data

* Premium members only.

The historical data trend for Moreton Resources'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.

Moreton Resources Change In Inventory Chart

Moreton Resources Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19
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

Moreton Resources Semi-Annual Data
Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19
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

Moreton Resources 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. 2018 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?
Moreton Resources (ASX:MRV) has a Change In Inventory of A$0.00 Mil as of Dec. 2018. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Moreton Resources and its competitors.
Is Moreton Resources' Change In Inventory too high?
Moreton Resources' current Change In Inventory is A$0.00 Mil.
How does Moreton Resources' Change In Inventory compare to BTUUQ and KIRY?
Moreton Resources' 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 Moreton Resources and its competitors. Moreton Resources'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 Moreton Resources stock overvalued right now?
Moreton Resources (ASX:MRV) 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 Moreton Resources (ASX:MRV), the current Change In Inventory is A$0.00 Mil as of Dec. 2018. 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.

Moreton Resources Business Description

Address 1B, 169 Kelvin Grove Road, Kelvin Grove, QLD, AUS, 4059
Moreton Resources Ltd is engaged in the extraction and sale of silver from existing leach heaps at its Texas mine. The group only operates in one geographical location being Australia. The company earns the majority of revenue from Siver.