Magnetic North Acquisition (TSXV:MNC) Change In Inventory : C$0.00 Mil (TTM As of Sep. 2023)

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What is Magnetic North Acquisition Change In Inventory?

Magnetic North Acquisition's change in inventory for the quarter that ended in Sep. 2023 was C$0.00 Mil. It means Magnetic North Acquisition's inventory stayed the same from Jun. 2023 to Sep. 2023 .

Magnetic North Acquisition's change in inventory for the fiscal year that ended in Dec. 2022 was C$0.00 Mil. It means Magnetic North Acquisition's inventory stayed the same from Dec. 2021 to Dec. 2022 .

Magnetic North Acquisition's Total Inventories for the quarter that ended in Sep. 2023 was C$0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Magnetic North Acquisition's Days Inventory for the quarter that ended in Sep. 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. Magnetic North Acquisition's Inventory-to-Revenue for the quarter that ended in Sep. 2023 was 0.00.

Magnetic North Acquisition Change In Inventory Historical Data

The historical data trend for Magnetic North Acquisition'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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Magnetic North Acquisition Change In Inventory Chart

Magnetic North Acquisition Annual Data

Trend

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Change In Inventory

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Magnetic North Acquisition Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Magnetic North Acquisition 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

Magnetic North Acquisition (TSXV:MNC) Change In Inventory Explanation

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

Magnetic North Acquisition'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	/	0.078	*	365 / 4
	=	0.00

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

Magnetic North Acquisition's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.078	/	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.

Magnetic North Acquisition's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0.06
	=	0.00

Magnetic North Acquisition Change In Inventory Related Terms

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Magnetic North Acquisition Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Magnetic North Acquisition Corp (TSXV:MNC) » Definitions » Change In Inventory

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Traded in Other Exchanges

MNC.PR.A.PFD:Canada

Address

1000, 250 - 2 Street SW, Calgary, AB, CAN, T2P 0C1

Website

https://www.magneticnac.com

Magnetic North Acquisition Corp operates as a merchant bank providing capital, management and board representation to small to mid-capitalization private companies. Its industry focus for investments include clean power technology, special situations, and consumer products, oilfield services, manufacturing and technology inclusive of software and hardware. The company is focused on creating shareholder value by providing strategic and financial advice and services to companies.

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