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K92 Mining (TSX:KNT) Change In Inventory : C$-8.8 Mil (TTM As of Dec. 2023)


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What is K92 Mining Change In Inventory?

K92 Mining's change in inventory for the quarter that ended in Dec. 2023 was C$1.4 Mil. It means K92 Mining's inventory declined by C$1.4 Mil from Sep. 2023 to Dec. 2023 .

K92 Mining's change in inventory for the fiscal year that ended in Dec. 2023 was C$-8.7 Mil. It means K92 Mining's inventory increased by C$8.7 Mil from Dec. 2022 to Dec. 2023 .

K92 Mining's Total Inventories for the quarter that ended in Dec. 2023 was C$48.3 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. K92 Mining's Days Inventory for the quarter that ended in Dec. 2023 was 94.23.

Inventory Turnover measures how fast the company turns over its inventory within a year. K92 Mining's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.97.

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. K92 Mining's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.49.


K92 Mining Change In Inventory Historical Data

The historical data trend for K92 Mining'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.

* Premium members only.

K92 Mining Change In Inventory Chart

K92 Mining Annual Data
Trend Aug14 Aug15 Aug16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -10.15 -8.73 -5.54 -3.46 -8.72

K92 Mining Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.37 -3.41 -1.73 -5.10 1.43

K92 Mining 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-8.8 Mil.

* 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.


K92 Mining  (TSX:KNT) Change In Inventory Explanation

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

K92 Mining's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=49.7905/48.216*365 / 4
=94.23

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

K92 Mining's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

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.

K92 Mining's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

* 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.


K92 Mining Change In Inventory Related Terms

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K92 Mining (TSX:KNT) Business Description

Traded in Other Exchanges
Address
1090 West Georgia Street, Suite 488, Vancouver, BC, CAN, V6E 3V7
K92 Mining Inc is engaged in the exploration, development and mining of mineral deposits in Papua New Guinea, specifically the Kainantu Project.

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