KVGOF (Kavango Resources) Change In Inventory : $-0.01 Mil (TTM As of Jun. 2024)

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What is Kavango Resources Change In Inventory?

Kavango Resources's change in inventory for the quarter that ended in Jun. 2024 was $-0.01 Mil. It means Kavango Resources's inventory increased by $0.01 Mil from Dec. 2023 to Jun. 2024 .

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

Kavango Resources's Total Inventories for the quarter that ended in Jun. 2024 was $0.01 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kavango Resources's Days Inventory for the quarter that ended in Jun. 2024 was 3.80.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kavango Resources's Inventory Turnover for the quarter that ended in Jun. 2024 was 48.00.

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. Kavango Resources's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.02.

Kavango Resources Change In Inventory Historical Data

The historical data trend for Kavango 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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Kavango Resources Change In Inventory Chart

Kavango Resources Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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Kavango Resources Semi-Annual Data
	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Change In Inventory	Get a 7-Day Free Trial										-	-	-	-	-0.01

Kavango 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 Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-0.01 Mil.

Kavango Resources (OTCPK:KVGOF) Change In Inventory Explanation

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

Kavango 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
	=	0.0035	/	0.168	*	365 / 2
	=	3.80

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

Kavango Resources's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.168	/	0.0035
	=	48.00

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.

Kavango Resources's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.0035	/	0.209
	=	0.02

Kavango Resources Change In Inventory Related Terms

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Kavango Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Kavango Resources PLC (OTCPK:KVGOF) » Definitions » Change In Inventory

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KAV:UK

Address

Salisbury House, London Wall, Suite 425, London, GBR, EC2M 5PS

Website

https://www.kavangoresources.com

Kavango Resources PLC is an exploration group for base and precious metals in Botswana and Zimbabwe. Its operating segments include Exploration and Corporate. The company's projects include Kalahari Suture Zone; Nara Gold, Hillside, Leopard, Ditau, and Kalahari Copper Belt.

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