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Lifezone Metals (Lifezone Metals) Change In Inventory : $-0.06 Mil (TTM As of Mar. 2024)


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What is Lifezone Metals Change In Inventory?

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

Lifezone Metals's change in inventory for the fiscal year that ended in Dec. 2023 was $-0.05 Mil. It means Lifezone Metals's inventory increased by $0.05 Mil from Dec. 2022 to Dec. 2023 .

Lifezone Metals'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. Lifezone Metals's Days Inventory for the quarter that ended in Mar. 2024 was 418.92.

Inventory Turnover measures how fast the company turns over its inventory within a year. Lifezone Metals's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.22.

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. Lifezone Metals's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 1.23.

Lifezone Metals Change In Inventory Historical Data

The historical data trend for Lifezone Metals'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.

* Premium members only.

Lifezone Metals Change In Inventory Chart

Lifezone Metals Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Change In Inventory
- - -0.05 -0.05

Lifezone Metals Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.01 -0.03 -0.04 - -

Lifezone Metals 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 $-0.06 Mil.

* 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.

Lifezone Metals  (NYSE:LZM) Change In Inventory Explanation

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

Lifezone Metals's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.0505/0.011*365 / 4
=418.92

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

Lifezone Metals's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.011 / 0.0505
=0.22

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.

Lifezone Metals's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.0505 / 0.041
=1.23

* 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.

Lifezone Metals Change In Inventory Related Terms

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Lifezone Metals (Lifezone Metals) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lifezone Metals Ltd (NYSE:LZM) » Definitions » Change In Inventory
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Traded in Other Exchanges
N/A
Address
1 Bowring Road, Commerce House, Ramsey, IMN, IM8 2TF
Website
https://www.lifezonemetals.com
Lifezone Metals Ltd is a modern pre-development exploration-stage metals company. Its business consists of two segments namely metals extraction and refining business and intellectual property licensing business.