Golden Ridge Resources (TSXV:GLDN) Change In Inventory : C$0.00 Mil (TTM As of Dec. 2023)

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What is Golden Ridge Resources Change In Inventory?

Golden Ridge Resources's change in inventory for the quarter that ended in Dec. 2023 was C$0.00 Mil. It means Golden Ridge Resources's inventory stayed the same from Sep. 2023 to Dec. 2023 .

Golden Ridge Resources's change in inventory for the fiscal year that ended in Jun. 2023 was C$0.00 Mil. It means Golden Ridge Resources's inventory stayed the same from Jun. 2022 to Jun. 2023 .

Golden Ridge Resources's Total Inventories for the quarter that ended in Dec. 2023 was C$0.00 Mil.

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

Golden Ridge Resources Change In Inventory Historical Data

The historical data trend for Golden Ridge 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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Golden Ridge Resources Change In Inventory Chart

Golden Ridge Resources Annual Data

Trend

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Change In Inventory

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Golden Ridge 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															-	-	-	-	-

Golden Ridge 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$0.00 Mil.

Golden Ridge Resources (TSXV:GLDN) Change In Inventory Explanation

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

Golden Ridge 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
	=	0	/	0.004	*	365 / 4
	=	0.00

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.004	/	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.

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

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

Golden Ridge Resources Change In Inventory Related Terms

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Golden Ridge Resources (TSXV:GLDN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Golden Ridge Resources Ltd (TSXV:GLDN) » Definitions » Change In Inventory

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GORIF:USA 44GG:Germany

Address

335 - 1632 Dickson Avenue, Landmark 3, Kelowna, BC, CAN, V1Y 7T2

Website

https://www.goldenridgeresources.com

Golden Ridge Resources Ltd is an exploration-stage company. It is engaged in the identification, evaluation, and acquisition of mineral properties. Its current properties include mineral properties located in British Columbia and the Yukon. Its projects are Hank Property, Newfoundland, Royalle Au-Ag Project, and North Canol. It has one reportable operating segment, being that of acquisition and exploration and evaluation activities in Canada.

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