Strategic Minerals Europe (NEOE:SNTA) Change In Inventory : C$0.00 Mil (TTM As of Mar. 2024)

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What is Strategic Minerals Europe Change In Inventory?

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

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

Strategic Minerals Europe's Total Inventories for the quarter that ended in Mar. 2024 was C$0.60 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Strategic Minerals Europe's Days Inventory for the quarter that ended in Mar. 2024 was 136.54.

Inventory Turnover measures how fast the company turns over its inventory within a year. Strategic Minerals Europe's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.67.

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.

Strategic Minerals Europe Change In Inventory Historical Data

The historical data trend for Strategic Minerals Europe'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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Strategic Minerals Europe Change In Inventory Chart

Strategic Minerals Europe Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Strategic Minerals Europe Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
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Strategic Minerals Europe 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 C$0.00 Mil.

Strategic Minerals Europe (NEOE:SNTA) Change In Inventory Explanation

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

Strategic Minerals Europe's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.603	/	0.403	*	365 / 4
	=	136.54

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

Strategic Minerals Europe's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.403	/	0.603
	=	0.67

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.

Strategic Minerals Europe's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.603	/	0
	=	N/A

Strategic Minerals Europe Change In Inventory Related Terms

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Strategic Minerals Europe (NEOE:SNTA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Strategic Minerals Europe Corp (NEOE:SNTA) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

SNTAF:USA

Address

Calle Nunez de Balboa 116, 3 0, Office 2B, Madrid, ESP, 28006

Website

https://www.strategicminerals.com

Strategic Minerals Europe Corp is engaged in the identification, exploration, and development of mineral resource properties in Spain. It holds permits and licenses related to two Spanish mining projects called the Alberta II project and the Penouta project.

Executives

Serafino Iacono

10% Security Holder

Strategic Minerals Europe (NEOE:SNTA) Headlines

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