S2 Minerals (S2 Minerals) Change In Inventory : $0.00 Mil (TTM As of Feb. 2024)

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What is S2 Minerals Change In Inventory?

S2 Minerals's change in inventory for the quarter that ended in Feb. 2024 was $0.00 Mil. It means S2 Minerals's inventory stayed the same from Nov. 2023 to Feb. 2024 .

S2 Minerals's change in inventory for the fiscal year that ended in May. 2023 was $0.00 Mil. It means S2 Minerals's inventory stayed the same from May. 2022 to May. 2023 .

S2 Minerals's Total Inventories for the quarter that ended in Feb. 2024 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.

S2 Minerals Change In Inventory Historical Data

The historical data trend for S2 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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S2 Minerals Change In Inventory Chart

S2 Minerals Annual Data

Trend

May21

May22

May23

Change In Inventory

S2 Minerals Quarterly Data
	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Change In Inventory	Get a 7-Day Free Trial								-	-	-	-	-

S2 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

S2 Minerals (OTCPK:SMNRF) Change In Inventory Explanation

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

S2 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	*	365 / 4
	=	N/A

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

S2 Minerals's Inventory Turnover for the quarter that ended in Feb. 2024 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.

S2 Minerals's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as

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

S2 Minerals Change In Inventory Related Terms

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S2 Minerals (S2 Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » S2 Minerals Inc (OTCPK:SMNRF) » Definitions » Change In Inventory

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STWO:Canada

Address

141 Adelaide Street West, Suite - 1101, Toronto, ON, CAN, M5H 3L5

Website

https://www.s2minerals.com

S2 Minerals Inc is a mineral exploration company with a focus on the exploration and development of the Sandy Lake Property in Ontario, Canada.

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