AC/DC Battery Metals (TSXV:ACDC) Inventory Turnover : 0.00 (As of Jul. 2024)

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What is AC/DC 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. AC/DC Battery Metals's Cost of Goods Sold for the three months ended in Jul. 2024 was C$0.00 Mil. AC/DC Battery Metals's Average Total Inventories for the quarter that ended in Jul. 2024 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.

AC/DC Battery Metals Inventory Turnover Historical Data

The historical data trend for AC/DC 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.

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AC/DC Battery Metals Inventory Turnover Chart

AC/DC Battery Metals Annual Data

Trend

Jul24

Inventory Turnover

AC/DC Battery Metals Quarterly Data
	Apr24	Jul24
Inventory Turnover	-	-

AC/DC Battery Metals Inventory Turnover Calculation

AC/DC Battery Metals's Inventory Turnover for the fiscal year that ended in Jul. 2024 is calculated as

	Inventory Turnover (A: Jul. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jul. 2024 )	/ (	(Total Inventories (A: . 20 )	+	Total Inventories (A: Jul. 2024 ))	/	count )
=	0	/ (	(	+	0)	/	1 )
=	0	/	0
=	N/A

AC/DC Battery Metals's Inventory Turnover for the quarter that ended in Jul. 2024 is calculated as

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

AC/DC Battery Metals (TSXV:ACDC) 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.

AC/DC Battery Metals's Days Inventory for the three months ended in Jul. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jul. 2024 )	/	Cost of Goods Sold (Q: Jul. 2024 )	*	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.

AC/DC Battery Metals's Inventory to Revenue for the quarter that ended in Jul. 2024 is calculated as

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

AC/DC Battery Metals Inventory Turnover Related Terms

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AC/DC Battery Metals Business Description

Industry

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Address

3028 Quadra Court, Coquitlam, BC, CAN, V3B 5X6

Website

https://gridbatterymetals.com

AC/DC Battery Metals Inc is a company focused on nickel and lithium, it is also focused on exploration for high value battery metals required for the electric vehicle market. Among its portfolio, our Lithium projects hold significant importance as Lithium is a critical element in the manufacturing of electric vehicle batteries and energy storage systems. Its project is very well situated in central British Columbia with access via high-speed logging roads, secondary forestry roads, rails lines, and hydroelectric power that crisscrosses this region of British Columbia.