Solis Minerals (ASX:SLM) Change In Inventory : A$0.00 Mil (TTM As of Feb. 2024)

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What is Solis Minerals Change In Inventory?

Solis Minerals's change in inventory for the quarter that ended in Feb. 2024 was A$0.00 Mil. It means Solis Minerals's inventory stayed the same from Nov. 2023 to Feb. 2024 .

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

Solis Minerals's Total Inventories for the quarter that ended in Feb. 2024 was A$0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Solis Minerals's Days Inventory for the quarter that ended in Feb. 2024 was 0.00.

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.

Solis Minerals Change In Inventory Historical Data

The historical data trend for Solis 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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Solis Minerals Change In Inventory Chart

Solis Minerals Annual Data

Trend

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Change In Inventory

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Solis Minerals Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Solis 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was A$0.00 Mil.

Solis Minerals (ASX:SLM) Change In Inventory Explanation

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

Solis 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	/	0.012	*	365 / 4
	=	0.00

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

Solis Minerals's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.012	/	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.

Solis Minerals's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as

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

Solis Minerals Change In Inventory Related Terms

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Solis Minerals (ASX:SLM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Solis Minerals Ltd (ASX:SLM) » Definitions » Change In Inventory

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Traded in Other Exchanges

SLMFF:USA 08W:Germany SLMN:Canada

Address

Unit 3, 32 Harrogate Street, West Leederville, Perth, WA, AUS, 6017

Website

https://solisminerals.com

Solis Minerals Ltd is a resource exploration company engaged in the acquisition, exploration, and development of mineral resource properties. The Company operates in a single reportable operating segment being the exploration and development of mineral properties. The company is focused on the acquisition of the Mostazal copper project located in Chile. It also holds an interest in Ilo Este and Ilo Norte Project in Peru.