GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mamba Exploration Ltd (ASX:M24) » Definitions » Inventory Turnover

Mamba Exploration (ASX:M24) Inventory Turnover : 0.00 (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Mamba Exploration Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Mamba Exploration's Cost of Goods Sold for the six months ended in Dec. 2023 was A$0.00 Mil. Mamba Exploration's Average Total Inventories for the quarter that ended in Dec. 2023 was A$0.00 Mil.

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

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. Mamba Exploration's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.


Mamba Exploration Inventory Turnover Historical Data

The historical data trend for Mamba Exploration's Inventory Turnover 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.

Mamba Exploration Inventory Turnover Chart

Mamba Exploration Annual Data
Trend Sep20 Jun22 Jun23 Jun24
Inventory Turnover
- - - -

Mamba Exploration Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Inventory Turnover Get a 7-Day Free Trial - - - - -

Mamba Exploration Inventory Turnover Calculation

Mamba Exploration's Inventory Turnover for the fiscal year that ended in Jun. 2024 is calculated as

Inventory Turnover (A: Jun. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Jun. 2024 ) / ((Total Inventories (A: Jun. 2023 ) + Total Inventories (A: Jun. 2024 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

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

Inventory Turnover (Q: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2023 ) / ((Total Inventories (Q: Jun. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

* 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.


Mamba Exploration  (ASX:M24) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Mamba Exploration's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=0/0*365 / 2
=

2. 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.

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

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=0 / 0.014
=0.00

* 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.


Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


Mamba Exploration Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Mamba Exploration's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Mamba Exploration Business Description

Traded in Other Exchanges
N/A
Address
25 Richardson Street, Level 2, Perth, WA, AUS, 6005
Mamba Exploration Ltd is engaged in the exploration of nickel, copper, and gold. The company operates in a two geographical segment, Australia and Canada. The company has focus on its mineral exploration assets in the Ashburton/Gascoyne, Kimberley, Darling Range, Hyden, and Great Southern regions of Western Australia. company has one reportable business segment, being the exploration for nickel, copper, gold and uranium. The projects includes Hyden REE Project, Kimberley Project, Ashburton Project and Calyerup Creek Project.

Mamba Exploration Headlines

No Headlines