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NB (NioCorp Developments) Total Inventories : $0.00 Mil (As of Sep. 2024)


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What is NioCorp Developments Total Inventories?

NioCorp Developments's total inventories for the quarter that ended in Sep. 2024 was $0.00 Mil. NioCorp Developments's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. NioCorp Developments's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-0.41.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Inventory Turnover measures how fast the company turns over its inventory within a year.

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.


NioCorp Developments Total Inventories Historical Data

The historical data trend for NioCorp Developments's Total Inventories 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.

NioCorp Developments Total Inventories Chart

NioCorp Developments Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Total Inventories
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NioCorp Developments Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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NioCorp Developments Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


NioCorp Developments  (NAS:NB) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

NioCorp Developments's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

Net-Net Working Capital Per Share (Q: Sep. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.15+0.75 * 0+0.5 * 0-14.439
-0-1.503)/38.7202
=-0.41

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

NioCorp Developments'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
=

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

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

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

4. 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.

NioCorp Developments'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
=

* 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

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


NioCorp Developments Total Inventories Related Terms

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NioCorp Developments Business Description

Traded in Other Exchanges
N/A
Address
7000 South Yosemite Street, Suite 115, Centennial, CO, USA, 80112
NioCorp Developments Ltd is engaged in exploration and development of mineral deposits in North America, specifically, the Elk Creek Niobium/Scandium/Titanium property.
Executives
Dean C Kehler director C/O TRIMARAN CAPITAL PARTNERS, 622 THIRD AVENUE, 35TH FLOOR, NEW YORK NY 10017
Michael G Maselli director 1325 AVENUE OF THE AMERICAS, 25TH FLOOR, NEW YORK NY 10019
Peter Robert Oliver director 7000 S YOSEMITE STREET, SUITE 115, CENTENNIAL CO 80112
Nilsa Guerrero-mahon director 7000 S. YOSEMITE STREET, SUITE 115, CENTENNIAL CO 80112
Klamas Fernanda Reda Fenga Viana director 7000 S YOSEMITE ST, SUITE 115, CENTENNIAL CO 80112
Mark A. Smith director, officer: President, CEO & Chairman 5619 DENVER TECH CENTER PARKWAY, SUITE 1000, GREENWOOD VILLAGE CO 80111
Anna Castner Wightman director C/O NIOCORP DEVELOPMENTS LTD., 7000 YOSEMITE STREET, SUITE 115, CENTENNIAL CO 80112
Ashburn John F. Jr. officer: VP, Gen. Counsel & Corp. Sec. 5619 DENVER TECH CENTER PARKWAY, SUITE 1000, GREENWOOD VILLAGE CO 80111
Joseph A Carrabba director CLEVELAND CLIFFS INC, 1100 SUPERIOR AVENUE, CLEVELAND OH 44114
Michael James Morris director 545 12TH STREET, PASO ROBLES CA 93445
Beling David Coates director 897 QUAIL RUN DRIVE, GRAND JUNCTION CO 81505
Neal S. Shah officer: Chief Financial Officer C/O NIOCORP DEVELOPMENTS LTD., 7000 YOSEMITE STREET, SUITE 115, CENTENNIAL CO 80112
James T. Sims officer: VP - External Affairs C/O NIOCORP DEVELOPMENTS LTD., 7000 YOSEMITE STREET, SUITE 115, CENTENNIAL CO 80112
Scott Honan officer: VP - Business Development C/O NIOCORP DEVELOPMENTS LTD., 7000 YOSEMITE STREET, SUITE 115, CENTENNIAL CO 80112
Joe D Cecil director