Ardea Resources (FRA:A91) Change In Inventory : €0.00 Mil (TTM As of Dec. 2023)

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What is Ardea Resources Change In Inventory?

Ardea Resources's change in inventory for the quarter that ended in Dec. 2023 was €0.00 Mil. It means Ardea Resources's inventory stayed the same from Jun. 2023 to Dec. 2023 .

Ardea Resources's change in inventory for the fiscal year that ended in Jun. 2023 was €0.00 Mil. It means Ardea Resources's inventory stayed the same from Jun. 2022 to Jun. 2023 .

Ardea Resources's Total Inventories for the quarter that ended in Dec. 2023 was €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.

Ardea Resources Change In Inventory Historical Data

The historical data trend for Ardea 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.

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Ardea Resources Change In Inventory Chart

Ardea Resources Annual Data

Trend

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Change In Inventory

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Ardea Resources Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Change In Inventory	Get a 7-Day Free Trial									-	-	-	-	-

Ardea 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was €0.00 Mil.

Ardea Resources (FRA:A91) Change In Inventory Explanation

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

Ardea 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
	=	0	/	0	*	365 / 2
	=	N/A

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

Ardea Resources'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.

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

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

Ardea Resources Change In Inventory Related Terms

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Ardea Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ardea Resources Ltd (FRA:A91) » Definitions » Change In Inventory

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ARRRF:USA ARL:Australia

Address

45 Ord Street, Suite 2, West Perth, WA, AUS, 6005

Website

https://www.ardearesources.com.au

Ardea Resources Ltd is a mineral exploration company. The company is focused on cobalt, nickel, and scandium projects and gold exploration. The company holds interests in the Goongarrie Nickel-Cobalt Project, Kalgoorlie Nickel Project, and other projects.

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