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MTAL (MAC Copper) Inventory Turnover : 0.00 (As of Jun. 2024)


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What is MAC Copper 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. MAC Copper's Cost of Goods Sold for the three months ended in Jun. 2024 was $0.00 Mil. MAC Copper's Average Total Inventories for the quarter that ended in Jun. 2024 was $22.11 Mil. MAC Copper's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.00.

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.


MAC Copper Inventory Turnover Historical Data

The historical data trend for MAC Copper'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.

MAC Copper Inventory Turnover Chart

MAC Copper Annual Data
Trend Dec21 Dec22 Dec23
Inventory Turnover
- - 6.56

MAC Copper Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Jun24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

MAC Copper Inventory Turnover Calculation

MAC Copper's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

Inventory Turnover (A: Dec. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2023 ) / ((Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count )
=141.166 / ((0 + 21.528) / 1 )
=141.166 / 21.528
=6.56

MAC Copper's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover (Q: Jun. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2024 ) / ((Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Jun. 2024 )) / count )
=0 / ((21.528 + 22.683) / 2 )
=0 / 22.1055
=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.


MAC Copper  (NYSE:MTAL) 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.

MAC Copper's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=22.1055/0*365 / 4
=

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.

MAC Copper's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=22.1055 / 0
=

* 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.


MAC Copper Inventory Turnover Related Terms

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MAC Copper Business Description

Traded in Other Exchanges
Address
44 Esplanade, 3rd Floor, Saint Helier, JEY, JE4 9WG
MAC Copper Ltd is a company focused on operating and acquiring metals and mining businesses in high-quality, stable jurisdictions that are critical in the electrification and decarbonization of the global economy.
Executives
Patrice E Merrin director 92 BIRCH AVENUE, TORONTO A6 M4V1C8
Rhett Bennett director 425 HOUSTON STREET, SUITE 400, FORT WORTH TX 76102
Michael Mcmullen director, officer: Chief Executive Officer P O BOX 1523, WEST PERTH C3 6872
Green Mountain Metals Llc 10 percent owner 425 HOUSTON STREET, FORT WORTH TX 76102
Charles D Mcconnell director 425 HOUSTON STREET, SUITE 400, FORT WORTH TX 76102
Rasmus Kristoffer Gerdeman director 425 HOUSTON STREET, SUITE 400, FORT WORTH TX 76102
Neville Joseph Power director 425 HOUSTON STREET, SUITE 400, FORT WORTH TX 76102
Dan Vujcic officer: Chief Development Officer 425 HOUSTON STREET, SUITE 400, FORT WORTH TX 76102
Marthinus J Crouse officer: Chief Financial Officer 425 HOUSTON STREET, SUITE 400, FORT WORTH TX 76102