Regenx Tech (XCNQ:RGX) Inventory Turnover : 0.00 (As of Mar. 2024)

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What is Regenx Tech 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. Regenx Tech's Cost of Goods Sold for the three months ended in Mar. 2024 was C$0.40 Mil. Regenx Tech's Average Total Inventories for the quarter that ended in Mar. 2024 was C$0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Regenx Tech's Days Inventory for the three months ended in Mar. 2024 was 0.00.

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.

Regenx Tech Inventory Turnover Historical Data

The historical data trend for Regenx Tech'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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Regenx Tech Inventory Turnover Chart

Regenx Tech Annual Data

Trend

Dec14

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Dec21

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Dec23

Inventory Turnover

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Regenx Tech Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Regenx Tech Inventory Turnover Calculation

Regenx Tech'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 )
=	1.291	/ (	(0	+	0)	/	1 )
=	1.291	/	0
=	N/A

Regenx Tech's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	0.399	/ (	(0	+	0)	/	1 )
=	0.399	/	0
=	N/A

Regenx Tech (XCNQ:RGX) 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.

Regenx Tech's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	0	/	0.399	*	365 / 4
	=	0.00

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.

Regenx Tech's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

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

Regenx Tech Inventory Turnover Related Terms

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Regenx Tech (XCNQ:RGX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Regenx Tech Corp (XCNQ:RGX) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

RGXTF:USA J64:Germany

Address

250 2nd Street South West, Suite 1000, Livingston Place West, Calgary, AB, CAN, T2P 0C1

Website

https://www.regenx.tech

Regenx Tech Corp is positioned for growth in the catalytic converter and mining sectors through the development and commercialization of its proprietary, environmentally friendly processing technologies for the recovery of precious metals. Its focus is the extraction of platinum and palladium from diesel catalytic converters. It solves smelter problems and recovers the majority of the precious metals from retired catalytic converters. The Company has two operating segments, exploration and development of mineral properties in Spain and mineral extraction through the use of its proprietary equipment in North America.

Executives

Harvey Ernest Edward Granatier

Director

Regenx Tech (XCNQ:RGX) Headlines

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