Faraday Copper (TSX:FDY) Inventory Turnover : 0.00 (As of Dec. 2023)

View and export this data going back to 2010. Start your Free Trial

What is Faraday 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. Faraday Copper's Cost of Goods Sold for the three months ended in Dec. 2023 was C$0.05 Mil. Faraday Copper's Average Total Inventories for the quarter that ended in Dec. 2023 was C$0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Faraday Copper's Days Inventory for the three months ended in Dec. 2023 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.

Faraday Copper Inventory Turnover Historical Data

The historical data trend for Faraday 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.

Faraday Copper Inventory Turnover Chart

Faraday Copper Annual Data

Trend

Jun14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

Faraday Copper Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Faraday Copper Inventory Turnover Calculation

Faraday 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 )
=	0.135	/ (	(0	+	0)	/	1 )
=	0.135	/	0
=	N/A

Faraday Copper'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: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	0.047	/ (	(0	+	0)	/	1 )
=	0.047	/	0
=	N/A

Faraday Copper (TSX:FDY) 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.

Faraday Copper's Days Inventory for the three 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	/	0.047	*	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.

Faraday Copper'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
	=

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.

Faraday Copper Inventory Turnover Related Terms

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

Faraday Copper (TSX:FDY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Faraday Copper Corp (TSX:FDY) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

CPPKF:USA 9CM0:Germany

Address

250 - 200 Burrard Street, Vancouver, BC, CAN, V6C 3L6

Website

https://www.faradaycopper.com

Faraday Copper Corp is engaged in the acquisition and development of mineral properties. The company is focused on advancing its flagship copper project in Arizona, The Copper Creek project is one of the undeveloped copper projects in North America with open pit and bulk underground mining potential.

Executives

Robert Graham Richardson

Senior Officer

Faraday Copper (TSX:FDY) Headlines

No Headlines