Thunderstruck Resources (TSXV:AWE) Inventory Turnover : 0.00 (As of Sep. 2024)

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What is Thunderstruck 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. Thunderstruck Resources's Cost of Goods Sold for the three months ended in Sep. 2024 was C$0.00 Mil. Thunderstruck Resources's Average Total Inventories for the quarter that ended in Sep. 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.

Thunderstruck Resources Inventory Turnover Historical Data

The historical data trend for Thunderstruck 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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Thunderstruck Resources Inventory Turnover Chart

Thunderstruck Resources Annual Data

Trend

Nov13

Nov14

Nov15

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Nov17

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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Thunderstruck Resources Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Thunderstruck Resources Inventory Turnover Calculation

Thunderstruck Resources'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 )
=	0.001	/ (	(0	+	0)	/	1 )
=	0.001	/	0
=	N/A

Thunderstruck Resources's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

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

Thunderstruck Resources (TSXV:AWE) 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.

Thunderstruck Resources's Days Inventory for the three months ended in Sep. 2024 is calculated as:

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

Thunderstruck Resources's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

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

Thunderstruck Resources Inventory Turnover Related Terms

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Thunderstruck Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Thunderstruck Resources Ltd (TSXV:AWE) » Definitions » Inventory Turnover

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THURF:USA

Address

409 Granville Street, Suite 1500, Vancouver, BC, CAN, V6C 1T2

Website

https://www.thunderstruck.ca

Thunderstruck Resources Ltd is a mining exploration company. It is involved in the business of acquisition and exploration of mineral properties. Its projects portfolio includes Nakoro VMS, Korokayiu VMS, Liwa creek gold and Rama Creek located on the main island of Fiji. The company focuses on the exploration of Zinc, Copper, Silver, and Gold.

Executives

Bryce Bradley	10% Security Holder, Director, Senior Officer
Eric Roth	Director
Robert Jules Christl	Senior Officer
Brien Lundin	10% Security Holder, Director

Thunderstruck Resources Headlines

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