Midnight Sun Mining (TSXV:MMA) Inventory-to-Revenue : 0.00 (As of Dec. 2024)

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What is Midnight Sun Mining 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. Midnight Sun Mining's Average Total Inventories for the quarter that ended in Dec. 2024 was C$0.00 Mil. Midnight Sun Mining's Revenue for the three months ended in Dec. 2024 was C$0.00 Mil.

Midnight Sun Mining's Inventory-to-Revenue for the quarter that ended in Dec. 2024 stayed the same from Sep. 2024 (0.00) to Sep. 2024 (0.00)

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Midnight Sun Mining's Days Inventory for the three months ended in Dec. 2024 was 0.00.

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

Midnight Sun Mining Inventory-to-Revenue Historical Data

The historical data trend for Midnight Sun Mining'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.

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Midnight Sun Mining Inventory-to-Revenue Chart

Midnight Sun Mining Annual Data

Trend

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Dec24

Inventory-to-Revenue

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Midnight Sun Mining Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory-to-Revenue	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Midnight Sun Mining's Inventory-to-Revenue

For the Other Industrial Metals & Mining subindustry, Midnight Sun Mining'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.

Midnight Sun Mining's Inventory-to-Revenue Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Midnight Sun Mining's Inventory-to-Revenue falls into.

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Midnight Sun Mining Inventory-to-Revenue Calculation

Midnight Sun Mining's Inventory-to-Revenue for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory-to-Revenue (A: Dec. 2024 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )	/	Revenue (A: Dec. 2024 )
=	( (0	+	0)	/	1 )	/	0
=	0					/	0
=	N/A

Midnight Sun Mining's Inventory-to-Revenue for the quarter that ended in Dec. 2024 is calculated as

	Inventory-to-Revenue (Q: Dec. 2024 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )	/	Revenue (Q: Dec. 2024 )
=	( (0	+	0)	/	1 )	/	0
=	0					/	0
=

Midnight Sun Mining (TSXV:MMA) 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.

Midnight Sun Mining's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	0	/	0.02	*	365 / 4
	=	0.00

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

Midnight Sun Mining's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2024 )	/	Average Total Inventories (Q: Dec. 2024 )
	=	0.02	/	0
	=

Midnight Sun Mining Inventory-to-Revenue Related Terms

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Midnight Sun Mining Business Description

Industry

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MDNGF:USA

Address

789 West Pender Street, Suite 1205, Vancouver, BC, CAN, V6C 1H2

Website

https://www.midnightsunmining.com

Midnight Sun Mining Corp is engaged in the acquisition and exploration of mineral property interests. The Company has one reportable operating segment, being the acquisition and exploration of mineral properties., The Company's exploration and evaluation assets are located in Zambia, Africa and the Company's right-of-use assets are located in Canada.

Executives