Vertex Minerals (ASX:VTX) Change In Inventory : A$0.00 Mil (TTM As of Dec. 2023)

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What is Vertex Minerals Change In Inventory?

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

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

Vertex Minerals's Total Inventories for the quarter that ended in Dec. 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. Vertex Minerals's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.

Vertex Minerals Change In Inventory Historical Data

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

Vertex Minerals Annual Data

Trend

Jun22

Jun23

Change In Inventory

Vertex Minerals Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Change In Inventory	-	-	-	-

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

Vertex Minerals (ASX:VTX) Change In Inventory Explanation

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

Vertex 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	*	365 / 2
	=	N/A

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

Vertex Minerals's Inventory Turnover for the quarter that ended in Dec. 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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.053
	=	0.00

Vertex Minerals Change In Inventory Related Terms

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Vertex Minerals (ASX:VTX) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

460 Stirling Highway, Unit 38, Peppermint Grove, WA, AUS, 6011

Website

https://www.vertexminerals.com

Vertex Minerals Ltd is a mineral exploration and development company. It explores for gold. The Company is organised into one operating segment, being mining and exploration operations. The principal products and services of this operating segment are the mining and exploration operations predominately in Australia.

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