GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » La Imperial Resources Inc (XCNQ:LAI.X) » Definitions » Inventory Turnover

La Imperial Resources (XCNQ:LAI.X) Inventory Turnover : 0.00 (As of Feb. 2024)


View and export this data going back to 2007. Start your Free Trial

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


La Imperial Resources Inventory Turnover Historical Data

The historical data trend for La Imperial 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.

* Premium members only.

La Imperial Resources Inventory Turnover Chart

La Imperial Resources Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

La Imperial Resources Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

La Imperial Resources Inventory Turnover Calculation

La Imperial Resources's Inventory Turnover for the fiscal year that ended in Aug. 2023 is calculated as

Inventory Turnover (A: Aug. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Aug. 2023 ) / ((Total Inventories (A: Aug. 2022 ) + Total Inventories (A: Aug. 2023 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

La Imperial Resources's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

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

* 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.


La Imperial Resources  (XCNQ:LAI.X) 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.

La Imperial Resources's Days Inventory for the three months ended in Feb. 2024 is calculated as:

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

La Imperial Resources's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Feb. 2024 ) / Revenue (Q: Feb. 2024 )
=0 / 0
=

* 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.


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.


La Imperial Resources Inventory Turnover Related Terms

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


La Imperial Resources (XCNQ:LAI.X) Business Description

Traded in Other Exchanges
N/A
Address
666 Burrard Street, Suite 600, Vancouver, BC, CAN, V6C 2X8
Website
La Imperial Resources Inc is a Canada-based mineral resource company. Principally, it is engaged in the acquisition, exploration, and development of mineral properties. The company holds an interest in La Kathrina which consists of mining concessions in the state of Chichuahua, Mexico.

La Imperial Resources (XCNQ:LAI.X) Headlines

No Headlines