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Mincor Resources NL (Mincor Resources NL) Inventory-to-Revenue : 0.03 (As of Dec. 2022)


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What is Mincor Resources NL Inventory-to-Revenue?

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. Mincor Resources NL's Average Total Inventories for the quarter that ended in Dec. 2022 was $0.80 Mil. Mincor Resources NL's Revenue for the six months ended in Dec. 2022 was $28.95 Mil. Mincor Resources NL's Inventory-to-Revenue for the quarter that ended in Dec. 2022 was 0.03.

Mincor Resources NL's Inventory-to-Revenue for the quarter that ended in Dec. 2022 declined from Jun. 2022 (0.03) to Jun. 2022 (0.03)

A decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mincor Resources NL's Days Inventory for the six months ended in Dec. 2022 was 7.05.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mincor Resources NL's Inventory Turnover for the quarter that ended in Dec. 2022 was 25.88.


Mincor Resources NL Inventory-to-Revenue Historical Data

The historical data trend for Mincor Resources NL's Inventory-to-Revenue 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.

Mincor Resources NL Inventory-to-Revenue Chart

Mincor Resources NL Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.08 0.11 0.82 0.03

Mincor Resources NL Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
Inventory-to-Revenue 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 0.66 2.15 5.38 0.03 0.03

Competitive Comparison of Mincor Resources NL's Inventory-to-Revenue

For the Other Industrial Metals & Mining subindustry, Mincor Resources NL's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mincor Resources NL's Inventory-to-Revenue Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Mincor Resources NL's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Mincor Resources NL's Inventory-to-Revenue falls into.



Mincor Resources NL Inventory-to-Revenue Calculation

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.

Mincor Resources NL's Inventory-to-Revenue for the fiscal year that ended in Jun. 2022 is calculated as

Inventory-to-Revenue (A: Jun. 2022 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Jun. 2021 ) + Total Inventories (A: Jun. 2022 )) / count ) / Revenue (A: Jun. 2022 )
=( (0.135 + 1.155) / 2 ) / 22.98
=0.645 / 22.98
=0.03

Mincor Resources NL's Inventory-to-Revenue for the quarter that ended in Dec. 2022 is calculated as

Inventory-to-Revenue (Q: Dec. 2022 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2022 ) + Total Inventories (Q: Dec. 2022 )) / count ) / Revenue (Q: Dec. 2022 )
=( (1.155 + 0.436) / 2 ) / 28.948
=0.7955 / 28.948
=0.03

* 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.


Mincor Resources NL  (OTCPK:MCRZY) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Mincor Resources NL's Days Inventory for the six months ended in Dec. 2022 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2022 )/Cost of Goods Sold (Q: Dec. 2022 )*Days in Period
=0.7955/20.589*365 / 2
=7.05

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

Mincor Resources NL's Inventory Turnover for the quarter that ended in Dec. 2022 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2022 ) / Average Total Inventories (Q: Dec. 2022 )
=20.589 / 0.7955
=25.88

* 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.


Mincor Resources NL Inventory-to-Revenue Related Terms

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Mincor Resources NL (Mincor Resources NL) Business Description

Traded in Other Exchanges
N/A
Address
8 Richardson Street, Level 1, West Perth, Perth, WA, AUS, 6005
Mincor Resources NL is an Australian mining company. The company has two segments namely Kambalda Nickel Operations and Exploration. It operates within the geographical area of Australia.

Mincor Resources NL (Mincor Resources NL) Headlines

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