Karora Resources (TSX:KRR) Change In Inventory : C$1.5 Mil (TTM As of Dec. 2023)

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What is Karora Resources Change In Inventory?

Karora Resources's change in inventory for the quarter that ended in Dec. 2023 was C$2.5 Mil. It means Karora Resources's inventory declined by C$2.5 Mil from Sep. 2023 to Dec. 2023 .

Karora Resources's change in inventory for the fiscal year that ended in Dec. 2023 was C$1.5 Mil. It means Karora Resources's inventory declined by C$1.5 Mil from Dec. 2022 to Dec. 2023 .

Karora Resources's Total Inventories for the quarter that ended in Dec. 2023 was C$39.5 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Karora Resources's Days Inventory for the quarter that ended in Dec. 2023 was 41.88.

Inventory Turnover measures how fast the company turns over its inventory within a year. Karora Resources's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.18.

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. Karora Resources's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.40.

Karora Resources Change In Inventory Historical Data

The historical data trend for Karora Resources'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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Karora Resources Change In Inventory Chart

Karora Resources Annual Data

Trend

Dec14

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Dec16

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Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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5.74

-1.99

-13.37

-8.07

1.51

Karora Resources 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															0.32	-1.87	0.38	0.49	2.51

Karora Resources 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$1.5 Mil.

Karora Resources (TSX:KRR) Change In Inventory Explanation

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

Karora Resources's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	40.275	/	87.762	*	365 / 4
	=	41.88

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	87.762	/	40.275
	=	2.18

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	40.275	/	101.782
	=	0.40

Karora Resources Change In Inventory Related Terms

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Karora Resources (TSX:KRR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Karora Resources Inc (TSX:KRR) » Definitions » Change In Inventory

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KRRGF:USA 5RN1:Germany

Address

141 Adelaide Street West, Suite 1608, Toronto, ON, CAN, M5H 3L5

Website

https://www.karoraresources.com

Karora Resources Inc is a multi-asset mineral resource company engaged in the production and exploration and evaluation activities in Australia. Its main assets are the Beta Hunt Mine; HGO toll processing and gold mining operation; and the Spargos Reward Gold Project, all of which are located in Western Australia.

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