KLDCF (Kenorland Minerals) Inventory Turnover : 0.00 (As of Dec. 2024)

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What is Kenorland Minerals 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. Kenorland Minerals's Cost of Goods Sold for the three months ended in Dec. 2024 was $0.02 Mil. Kenorland Minerals's Average Total Inventories for the quarter that ended in Dec. 2024 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kenorland Minerals's Days Inventory for the three months ended in Dec. 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. Kenorland Minerals's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.00.

Kenorland Minerals Inventory Turnover Historical Data

The historical data trend for Kenorland Minerals'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.

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Kenorland Minerals Inventory Turnover Chart

Kenorland Minerals Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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Kenorland Minerals Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Kenorland Minerals Inventory Turnover Calculation

Kenorland Minerals's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

	Inventory Turnover (A: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2024 )	/ (	(Total Inventories (A: Dec. 2023 )	+	Total Inventories (A: Dec. 2024 ))	/	count )
=	0.066	/ (	(0	+	0)	/	1 )
=	0.066	/	0
=	N/A

Kenorland Minerals's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Sep. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	0.016	/ (	(0	+	0)	/	1 )
=	0.016	/	0
=	N/A

Kenorland Minerals (OTCPK:KLDCF) 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.

Kenorland Minerals'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	/	0.016	*	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.

Kenorland Minerals's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	0	/	0.589
	=	0.00

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.

Kenorland Minerals Inventory Turnover Related Terms

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Kenorland Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Kenorland Minerals Ltd (OTCPK:KLDCF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

3WQ0:Germany KLD:Canada

Address

1570-1111 West Georgia Street, Vancouver, BC, CAN, V6E 4M3

Website

https://www.kenorlandminerals.com

Kenorland Minerals Ltd operates as a mineral exploration company. It has one operating segment, which is the exploration of mineral properties. The company focuses on the identification, acquisition, and exploration of mineral properties. Kenorland Minerals serves customers around the world. Its projects include the Frotet project, Healy project, and Tanacross project, among others.