Champion Iron (STU:MMPI) Change In Inventory : €-104 Mil (TTM As of Mar. 2024)

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What is Champion Iron Change In Inventory?

Champion Iron's change in inventory for the quarter that ended in Mar. 2024 was €-30 Mil. It means Champion Iron's inventory increased by €30 Mil from Dec. 2023 to Mar. 2024 .

Champion Iron's change in inventory for the fiscal year that ended in Mar. 2024 was €-103 Mil. It means Champion Iron's inventory increased by €103 Mil from Mar. 2023 to Mar. 2024 .

Champion Iron's Total Inventories for the quarter that ended in Mar. 2024 was €226 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Champion Iron's Days Inventory for the quarter that ended in Mar. 2024 was 109.74.

Inventory Turnover measures how fast the company turns over its inventory within a year. Champion Iron's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.83.

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. Champion Iron's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.93.

Champion Iron Change In Inventory Historical Data

The historical data trend for Champion Iron'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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Champion Iron Change In Inventory Chart

Champion Iron Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Change In Inventory

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-7.86

-5.67

-16.54

-43.48

-102.87

Champion Iron Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															0.07	-29.87	-23.77	-20.88	-29.55

Champion Iron 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-104 Mil.

Champion Iron (STU:MMPI) Change In Inventory Explanation

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

Champion Iron's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	210.1235	/	174.724	*	365 / 4
	=	109.74

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

Champion Iron's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	174.724	/	210.1235
	=	0.83

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.

Champion Iron's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	210.1235	/	226.108
	=	0.93

Champion Iron Change In Inventory Related Terms

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Champion Iron (STU:MMPI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Champion Iron Ltd (STU:MMPI) » Definitions » Change In Inventory

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CIAFF:USA MMPI:Germany CIA:Canada CIA:Australia

Address

91 Evans Street, Level 1, Rozelle, Sydney, NSW, AUS, 2039

Website

https://www.championiron.com

Champion Iron Ltd is engaged in the exploration and development of iron ore properties in Quebec, Canada. The company projects include Fire Lake North, Powderhorn/Gullbridge, Moire, Quinto Claims, Harvey Tuttle, O'keefe-Purdy, and others. Its segment includes Iron Ore Concentrate; Exploration and Evaluation and Corporate. The company generates maximum revenue from the Iron Ore Concentrate segment.

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