NIOCF (Nio Strategic Metals) Change In Inventory : $0.00 Mil (TTM As of Sep. 2024)

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What is Nio Strategic Metals Change In Inventory?

Nio Strategic Metals's change in inventory for the quarter that ended in Sep. 2024 was $0.00 Mil. It means Nio Strategic Metals's inventory stayed the same from Jun. 2024 to Sep. 2024 .

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

Nio Strategic Metals's Total Inventories for the quarter that ended in Sep. 2024 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Nio Strategic Metals's Days Inventory for the quarter that ended in Sep. 2024 was 0.00.

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. Nio Strategic Metals's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.00.

Nio Strategic Metals Change In Inventory Historical Data

The historical data trend for Nio Strategic 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.

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Nio Strategic Metals Change In Inventory Chart

Nio Strategic Metals Annual Data

Trend

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Change In Inventory

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Nio Strategic Metals Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Nio Strategic 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Nio Strategic Metals (OTCPK:NIOCF) Change In Inventory Explanation

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

Nio Strategic 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	/	0.001	*	365 / 4
	=	0.00

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

Nio Strategic Metals's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.001	/	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.

Nio Strategic Metals's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.002
	=	0.00

Nio Strategic Metals Change In Inventory Related Terms

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Nio Strategic Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nio Strategic Metals Inc (OTCPK:NIOCF) » Definitions » Change In Inventory

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NIO:Canada

Address

1, Place Ville-Marie, Suite 1670, Montreal, QC, CAN, H3B 2B6

Website

https://www.niostratmet.com

Nio Strategic Metals Inc is a development-stage exploration company based in Canada. The principal business activity of the company is mineral exploration and development properties in the province of Quebec. It owns an interest in Oka Niobium Project and Great Whale Iron Project.

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