QMCQF (QMC Quantum Minerals) Change In Inventory : $0.00 Mil (TTM As of Nov. 2024)

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What is QMC Quantum Minerals Change In Inventory?

QMC Quantum Minerals's change in inventory for the quarter that ended in Nov. 2024 was $0.00 Mil. It means QMC Quantum Minerals's inventory stayed the same from Aug. 2024 to Nov. 2024 .

QMC Quantum Minerals's change in inventory for the fiscal year that ended in Aug. 2024 was $0.00 Mil. It means QMC Quantum Minerals's inventory stayed the same from Aug. 2023 to Aug. 2024 .

QMC Quantum Minerals's Total Inventories for the quarter that ended in Nov. 2024 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. QMC Quantum Minerals's Days Inventory for the quarter that ended in Nov. 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.

QMC Quantum Minerals Change In Inventory Historical Data

The historical data trend for QMC Quantum Minerals'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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QMC Quantum Minerals Change In Inventory Chart

QMC Quantum Minerals Annual Data

Trend

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Change In Inventory

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QMC Quantum Minerals Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

QMC Quantum Minerals 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 Nov. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

QMC Quantum Minerals (OTCPK:QMCQF) Change In Inventory Explanation

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

QMC Quantum Minerals'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	/	0.004	*	365 / 4
	=	0.00

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

QMC Quantum Minerals's Inventory Turnover for the quarter that ended in Nov. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.004	/	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.

QMC Quantum Minerals's Inventory to Revenue for the quarter that ended in Nov. 2024 is calculated as

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

QMC Quantum Minerals Change In Inventory Related Terms

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QMC Quantum Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » QMC Quantum Minerals Corp (OTCPK:QMCQF) » Definitions » Change In Inventory

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Traded in Other Exchanges

3LQ:Germany QMC:Canada

Address

1100 Melville Street, Suite 1540, Vancouver, BC, CAN, V6E 4A6

Website

https://www.qmcminerals.com

QMC Quantum Minerals Corp is a company engaged in the acquisition, exploration and development of resource properties. Its objective is to acquire, locate and develop economic deposits within the company's precious, base, rare metal resource properties of merit. The company's properties include the Irgon Lithium Mine Project, the Rocky Lake property, Rocky-Namew and Namew Lake properties.