Metalore Resources (TSXV:MET) Change In Inventory : C$0.01 Mil (TTM As of Dec. 2023)

View and export this data going back to 1981. Start your Free Trial

What is Metalore Resources Change In Inventory?

Metalore Resources's change in inventory for the quarter that ended in Dec. 2023 was C$0.00 Mil. It means Metalore Resources's inventory declined by C$0.00 Mil from Sep. 2023 to Dec. 2023 .

Metalore Resources's change in inventory for the fiscal year that ended in Mar. 2023 was C$-0.01 Mil. It means Metalore Resources's inventory increased by C$0.01 Mil from Mar. 2022 to Mar. 2023 .

Metalore Resources's Total Inventories for the quarter that ended in Dec. 2023 was C$0.03 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Metalore Resources's Days Inventory for the quarter that ended in Dec. 2023 was 21.55.

Inventory Turnover measures how fast the company turns over its inventory within a year. Metalore Resources's Inventory Turnover for the quarter that ended in Dec. 2023 was 4.24.

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. Metalore Resources's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.28.

Metalore Resources Change In Inventory Historical Data

The historical data trend for Metalore 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.

* Premium members only.

Metalore Resources Change In Inventory Chart

Metalore Resources Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Change In Inventory

Get a 7-Day Free Trial

0.02

0.01

-0.01

Metalore 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															-	0.01	-0.01	0.01	-

Metalore 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$0.01 Mil.

Metalore Resources (TSXV:MET) Change In Inventory Explanation

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

Metalore 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
	=	0.034	/	0.144	*	365 / 4
	=	21.55

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.144	/	0.034
	=	4.24

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.034	/	0.121
	=	0.28

Metalore Resources Change In Inventory Related Terms

Thank you for viewing the detailed overview of Metalore Resources's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Metalore Resources (TSXV:MET) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Metalore Resources Ltd (TSXV:MET) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

MTLRF:USA

Address

124 Norfolk Street North, P.O. Box 422, Simcoe, ON, CAN, N3Y 3N8

Website

https://www.metaloreresources.ca

Metalore Resources Ltd is a Canada-based resource company focused on natural gas production and gold exploration. It owns and controls petroleum, natural gas, and mineral leases in Charlotteville, Walsingham, and Houghton townships in Norfolk County, Ontario. The company's properties for gold exploration include Paint LakeProperty and Brookbank Jv Properties. It generates the majority of revenue from the sale of natural gas.