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

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What is Sun Summit Minerals Change In Inventory?

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

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

Sun Summit 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. Sun Summit Minerals's Days Inventory for the quarter that ended in Feb. 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.

Sun Summit Minerals Change In Inventory Historical Data

The historical data trend for Sun Summit 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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Sun Summit Minerals Change In Inventory Chart

Sun Summit Minerals Annual Data

Trend

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Change In Inventory

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Sun Summit Minerals Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Sun Summit 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.

Sun Summit Minerals (OTCPK:SMREF) Change In Inventory Explanation

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

Sun Summit 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	/	0.001	*	365 / 4
	=	0.00

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

Sun Summit Minerals's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

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

Sun Summit 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

Sun Summit Minerals Change In Inventory Related Terms

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Sun Summit Minerals (Sun Summit Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sun Summit Minerals Corp (OTCPK:SMREF) » Definitions » Change In Inventory

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SMN:Canada

Address

889 West Pender Street, c/o Suite 800, Vancouver, BC, CAN, V6C 3B2

Website

https://www.sunsummitminerals.com

Sun Summit Minerals Corp is a Canadian mineral exploration company. The company is focused on developing a resource at the flagship Buck Project located in central British Columbia. Its projects include Chunibas Project, 1068 Project, and Other Projects. The company conducts its operations in Canada and Mexico.

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