Arctic Fox Lithium (XCNQ:AFX) Inventory Turnover : 0.00 (As of Dec. 2024)

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What is Arctic Fox Lithium 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. Arctic Fox Lithium's Cost of Goods Sold for the three months ended in Dec. 2024 was C$0.00 Mil. Arctic Fox Lithium's Average Total Inventories for the quarter that ended in Dec. 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.

Arctic Fox Lithium Inventory Turnover Historical Data

The historical data trend for Arctic Fox Lithium'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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Arctic Fox Lithium Inventory Turnover Chart

Arctic Fox Lithium Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Jun24

Inventory Turnover

Arctic Fox Lithium Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Inventory Turnover	Get a 7-Day Free Trial														-	-	-	-	-

Arctic Fox Lithium Inventory Turnover Calculation

Arctic Fox Lithium's Inventory Turnover for the fiscal year that ended in Jun. 2024 is calculated as

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

Arctic Fox Lithium's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

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

Arctic Fox Lithium (XCNQ:AFX) 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.

Arctic Fox Lithium's Days Inventory for the three months ended in Dec. 2024 is calculated as:

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

Arctic Fox Lithium's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

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

Arctic Fox Lithium Inventory Turnover Related Terms

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Arctic Fox Lithium Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Arctic Fox Lithium Corp (XCNQ:AFX) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

O5K:Germany

Address

1030 West Georgia Street, Suite 905, Vancouver, BC, CAN, V6E 2Y3

Website

https://www.arcticfoxlithium.com

Arctic Fox Lithium Corp. is a junior mineral exploration company engaged in the acquisition, exploration and development of quality mineral properties in Canada. Arctic Fox is collaborating with professional and thoughtful geologists to bridge an ethical and trustworthy lens to mining. With the increase and demand for eco-friendly power over the last five years, pressure on supply of Lithium has been at its all time high. Arctic Fox has made a conscious effort to identify properties of merit in this sector. Its projects include Pontax North Lithium Project, Kana Lake Lithium Project, Delta Lake Lithium project and Spius copper property.

Executives

Harry Chew	10% Security Holder, Director, Senior Officer
Eddy Joon Yiu Siu	10% Security Holder
Sonny Chew	Director, Senior Officer

Arctic Fox Lithium Headlines

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