Abasca Resources (TSXV:ABA) Inventory Turnover : 0.00 (As of Jan. 2025)

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What is Abasca Resources 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. Abasca Resources's Cost of Goods Sold for the three months ended in Jan. 2025 was C$0.00 Mil. Abasca Resources's Average Total Inventories for the quarter that ended in Jan. 2025 was C$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.

Abasca Resources Inventory Turnover Historical Data

The historical data trend for Abasca Resources'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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Abasca Resources Inventory Turnover Chart

Abasca Resources Annual Data

Trend

Apr21

Apr22

Apr23

Apr24

Inventory Turnover

Abasca Resources Quarterly Data
	Apr21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25
Inventory Turnover	Get a 7-Day Free Trial									-	-	-	-	-

Abasca Resources Inventory Turnover Calculation

Abasca Resources's Inventory Turnover for the fiscal year that ended in Apr. 2024 is calculated as

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

Abasca Resources's Inventory Turnover for the quarter that ended in Jan. 2025 is calculated as

	Inventory Turnover (Q: Jan. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jan. 2025 )	/ (	(Total Inventories (Q: Oct. 2024 )	+	Total Inventories (Q: Jan. 2025 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Abasca Resources (TSXV:ABA) 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.

Abasca Resources's Days Inventory for the three months ended in Jan. 2025 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jan. 2025 )	/	Cost of Goods Sold (Q: Jan. 2025 )	*	Days in Period
	=	0	/	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.

Abasca Resources's Inventory to Revenue for the quarter that ended in Jan. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jan. 2025 )	/	Revenue (Q: Jan. 2025 )
	=	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.

Abasca Resources Inventory Turnover Related Terms

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Abasca Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Abasca Resources Inc (TSXV:ABA) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

311 4th Avenue North, Suite 208, Saskatoon, SK, CAN, S7K 2L8

Website

https://www.abasca.ca

Abasca Resources Inc is an exploration stage company focused on the acquisition, exploration and development of mineral property interests in Saskatchewan, Canada.

Abasca Resources Headlines

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