NWXPF (Newport Exploration) Change In Inventory : $0.00 Mil (TTM As of Apr. 2024)

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What is Newport Exploration Change In Inventory?

Newport Exploration's change in inventory for the quarter that ended in Apr. 2024 was $0.00 Mil. It means Newport Exploration's inventory stayed the same from Jan. 2024 to Apr. 2024 .

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

Newport Exploration's Total Inventories for the quarter that ended in Apr. 2024 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Newport Exploration's Days Inventory for the quarter that ended in Apr. 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.

Newport Exploration Change In Inventory Historical Data

The historical data trend for Newport Exploration'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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Newport Exploration Change In Inventory Chart

Newport Exploration Annual Data

Trend

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Change In Inventory

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Newport Exploration Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Newport Exploration 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 Apr. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Newport Exploration (OTCPK:NWXPF) Change In Inventory Explanation

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

Newport Exploration'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	/	0.012	*	365 / 4
	=	0.00

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

Newport Exploration's Inventory Turnover for the quarter that ended in Apr. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.012	/	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.

Newport Exploration's Inventory to Revenue for the quarter that ended in Apr. 2024 is calculated as

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

Newport Exploration Change In Inventory Related Terms

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Newport Exploration Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Newport Exploration Ltd (OTCPK:NWXPF) » Definitions » Change In Inventory

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1XX:Germany NWX:Canada

Address

2168 Marine Drive, Suite 202, Vancouver, BC, CAN, V7V 1K3

Website

https://www.newport-exploration.com

Newport Exploration Ltd is an exploration stage company. It is engaged in the acquisition and exploration of resource properties. Its projects include Cooper Basin in Australia and Chu Chua property in Canada. Newport has royalty interests in producing oil and gas permits in the Cooper Basin, Australia, and a mining project in British Columbia, Canada. Its Cooper Basin project includes EX-PEL 91 OIL and EX-PEL'S 632, 106, and PPL 239-WET GAS, which is located on Western Wet Gas Fairway, Cooper Basin.