Snow Lake Resources (Snow Lake Resources) Change In Inventory : $0.00 Mil (TTM As of Dec. 2023)

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What is Snow Lake Resources Change In Inventory?

Snow Lake Resources's change in inventory for the quarter that ended in Dec. 2023 was $0.00 Mil. It means Snow Lake Resources's inventory stayed the same from Jun. 2023 to Dec. 2023 .

Snow Lake Resources's change in inventory for the fiscal year that ended in Jun. 2023 was $0.00 Mil. It means Snow Lake Resources's inventory stayed the same from Jun. 2022 to Jun. 2023 .

Snow Lake Resources's Total Inventories for the quarter that ended in Dec. 2023 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Snow Lake Resources's Days Inventory for the quarter that ended in Dec. 2023 was 0.00.

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.

Snow Lake Resources Change In Inventory Historical Data

The historical data trend for Snow Lake Resources's Change In Inventory 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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Snow Lake Resources Change In Inventory Chart

Snow Lake Resources Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Change In Inventory

Snow Lake Resources Semi-Annual Data
	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial					-	-	-	-	-

Snow Lake Resources Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.00 Mil.

Snow Lake Resources (NAS:LITM) Change In Inventory Explanation

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

Snow Lake Resources's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0	/	0.012	*	365 / 2
	=	0.00

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

Snow Lake Resources's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.012	/	0
	=	N/A

3. 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.

Snow Lake Resources's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	0
	=	N/A

Snow Lake Resources Change In Inventory Related Terms

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Snow Lake Resources (Snow Lake Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Snow Lake Resources Ltd (NAS:LITM) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

360 Main Street, 30th Floor, Winnipeg, MB, CAN, R3C 4G1

Website

https://www.snowlakelithium.com

Snow Lake Resources Ltd is an exploration stage mining company engaged in lithium exploration in the province of Manitoba, Canada. Its primary focus is currently conducting exploration for lithium at Thompson Brothers Lithium Project.