Elemental Altus Royalties (Elemental Altus Royalties) Change In Inventory : $0.00 Mil (TTM As of Mar. 2024)

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What is Elemental Altus Royalties Change In Inventory?

Elemental Altus Royalties's change in inventory for the quarter that ended in Mar. 2024 was $0.00 Mil. It means Elemental Altus Royalties's inventory stayed the same from Dec. 2023 to Mar. 2024 .

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

Elemental Altus Royalties's Total Inventories for the quarter that ended in Mar. 2024 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Elemental Altus Royalties's Days Inventory for the quarter that ended in Mar. 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. Elemental Altus Royalties's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.00.

Elemental Altus Royalties Change In Inventory Historical Data

The historical data trend for Elemental Altus Royalties'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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Elemental Altus Royalties Change In Inventory Chart

Elemental Altus Royalties Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Elemental Altus Royalties Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Elemental Altus Royalties 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Elemental Altus Royalties (OTCPK:ELEMF) Change In Inventory Explanation

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

Elemental Altus Royalties'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	/	1.628	*	365 / 4
	=	0.00

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

Elemental Altus Royalties's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.628	/	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.

Elemental Altus Royalties's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	3.327
	=	0.00

Elemental Altus Royalties Change In Inventory Related Terms

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Elemental Altus Royalties (Elemental Altus Royalties) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Elemental Altus Royalties Corp (OTCPK:ELEMF) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

T8S:Germany ELE:Canada

Address

800 West Pender Street, Suite 1020, Vancouver, BC, CAN, V6C 2V6

Website

https://www.elementalaltus.com

Elemental Altus Royalties Corp is a mining royalty company. Its asset portfolio includes Wahgnion, Kwale, MT Pleasant, Panton Sill, and Amancaya among others.

Elemental Altus Royalties (Elemental Altus Royalties) Headlines

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Elemental Royalties Corp Announces Recommended All-Share Merger of Equals

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