MMX Mineracao E Metalicos (MMX Mineracao E Metalicos) Change In Inventory : $0.00 Mil (TTM As of Mar. 2021)

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What is MMX Mineracao E Metalicos Change In Inventory?

MMX Mineracao E Metalicos's change in inventory for the quarter that ended in Mar. 2021 was $0.00 Mil. It means MMX Mineracao E Metalicos's inventory stayed the same from Dec. 2020 to Mar. 2021 .

MMX Mineracao E Metalicos's change in inventory for the fiscal year that ended in Dec. 2020 was $0.00 Mil. It means MMX Mineracao E Metalicos's inventory stayed the same from Dec. 2019 to Dec. 2020 .

MMX Mineracao E Metalicos's Total Inventories for the quarter that ended in Mar. 2021 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.

MMX Mineracao E Metalicos Change In Inventory Historical Data

The historical data trend for MMX Mineracao E Metalicos'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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MMX Mineracao E Metalicos Change In Inventory Chart

MMX Mineracao E Metalicos Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Change In Inventory

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0.09

-0.07

MMX Mineracao E Metalicos Quarterly Data
	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

MMX Mineracao E Metalicos 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. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

MMX Mineracao E Metalicos (GREY:MMXXF) Change In Inventory Explanation

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

MMX Mineracao E Metalicos'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 / 4
	=	N/A

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

MMX Mineracao E Metalicos's Inventory Turnover for the quarter that ended in Mar. 2021 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.

MMX Mineracao E Metalicos's Inventory to Revenue for the quarter that ended in Mar. 2021 is calculated as

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

MMX Mineracao E Metalicos Change In Inventory Related Terms

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MMX Mineracao E Metalicos (MMX Mineracao E Metalicos) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » MMX Mineracao E Metalicos SA (GREY:MMXXF) » Definitions » Change In Inventory

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Traded in Other Exchanges

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Address

Rua Lauro Muller, 116 sala 1808, Botafogo Rio de Janeiro, Rio de Janeiro, RJ, BRA, 22290-160

Website

http://www.mmx.com.br

MMX Mineracao E Metalicos SA (MMX) is a Brazil-based company engaged in iron ore mining. The company has installed capacity to produce about 7 million metric tons of iron ore per year in its two systems, namely The Southeast System and the Corumba System. The Southeast System is formed by the Serra Azul and Bom Sucesso Units. It exploits the Tico-Tico and Ipe mines, located in the Serra Azul Region-in the iron mining area of Minas Gerais State. The company has also acquired the mining rights for the Pau de Vinho Mine. The iron ore produced by the Serra Azul Unit is sold to customers in Brazil and other countries.

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