Cruz Battery Metals (Cruz Battery Metals) Inventory Turnover : 0.00 (As of Jan. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Cruz Battery Metals 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. Cruz Battery Metals's Cost of Goods Sold for the three months ended in Jan. 2024 was $0.01 Mil. Cruz Battery Metals's Average Total Inventories for the quarter that ended in Jan. 2024 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Cruz Battery Metals's Days Inventory for the three months ended in Jan. 2024 was 0.00.

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.

Cruz Battery Metals Inventory Turnover Historical Data

The historical data trend for Cruz Battery Metals'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.

Cruz Battery Metals Inventory Turnover Chart

Cruz Battery Metals Annual Data

Trend

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Jul21

Jul22

Jul23

Inventory Turnover

Get a 7-Day Free Trial

Cruz Battery Metals Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Cruz Battery Metals Inventory Turnover Calculation

Cruz Battery Metals's Inventory Turnover for the fiscal year that ended in Jul. 2023 is calculated as

	Inventory Turnover (A: Jul. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jul. 2023 )	/ (	(Total Inventories (A: Jul. 2022 )	+	Total Inventories (A: Jul. 2023 ))	/	count )
=	0.043	/ (	(0	+	0)	/	1 )
=	0.043	/	0
=	N/A

Cruz Battery Metals's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

	Inventory Turnover (Q: Jan. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jan. 2024 )	/ (	(Total Inventories (Q: Oct. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )
=	0.01	/ (	(0	+	0)	/	1 )
=	0.01	/	0
=	N/A

Cruz Battery Metals (OTCPK:BKTPF) 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.

Cruz Battery Metals's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jan. 2024 )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
	=	0	/	0.01	*	365 / 4
	=	0.00

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.

Cruz Battery Metals's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jan. 2024 )	/	Revenue (Q: Jan. 2024 )
	=	0	/	0
	=

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.

Cruz Battery Metals Inventory Turnover Related Terms

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

Cruz Battery Metals (Cruz Battery Metals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cruz Battery Metals Corp (OTCPK:BKTPF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

BR00:Germany CRUZ:Canada

Address

700 West Georgia Street, Suite 2905, Vancouver, BC, CAN, V7Y1K8

Website

https://www.cruzbatterymetals.com

Cruz Battery Metals Corp is an exploration company. Its principal business activities include acquiring and developing high-quality battery metals projects in ethical mining jurisdictions, essential for the rechargeable battery and renewable energy sectors. The projects of the company include War Eagle Cobalt, Diamond Project, Hector Cobalt Prospect, Other Cobalt Prospects, Yukon Quartz Claims, Idaho Cobal Belt Project, Idaho Star Cobalt Prospect, Nevada Clayton Valley W. Lithium Property, and Nevada Solar Lithium Project. The company operates in USA and Canada.

Cruz Battery Metals (Cruz Battery Metals) Headlines

From GuruFocus

Cruz Cobalt Completes First Phase of Exploration in Ontario Cobalt Camp

By Marketwired Marketwired • 08-15-2018

Cruz Cobalt Work Programs Now Underway in Ontario Cobalt Camp

By Marketwired Marketwired • 08-09-2018

Cruz Cobalt Engages APEX Geoscience for Ontario Cobalt Camp Work Programs

By Marketwired Marketwired • 06-27-2018

Cruz Cobalt to Begin Drill Program at the Hector Cobalt Property in Cobalt, Ontario

By Marketwired Marketwired • 11-05-2018

Cruz samples 2.0% Cobalt in rock and defines multiple cobalt soil anomalies at the Hector Cobalt Property, Cobalt Ontario

By Marketwired Marketwired • 09-18-2018

Cruz Cobalt Signs Non-Binding LOI for Cobalt-Nickel-Copper Projects In Norway

By Marketwired Marketwired • 06-04-2018