Northern Minerals and Exploration (Northern Minerals and Exploration) Change In Inventory : $0.00 Mil (TTM As of Jan. 2024)

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What is Northern Minerals and Exploration Change In Inventory?

Northern Minerals and Exploration's change in inventory for the quarter that ended in Jan. 2024 was $0.00 Mil. It means Northern Minerals and Exploration's inventory stayed the same from Oct. 2023 to Jan. 2024 .

Northern Minerals and Exploration's change in inventory for the fiscal year that ended in Jul. 2023 was $0.00 Mil. It means Northern Minerals and Exploration's inventory stayed the same from Jul. 2022 to Jul. 2023 .

Northern Minerals and Exploration's Total Inventories for the quarter that ended in Jan. 2024 was $0.00 Mil.

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.

Northern Minerals and Exploration Change In Inventory Historical Data

The historical data trend for Northern Minerals and Exploration'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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Northern Minerals and Exploration Change In Inventory Chart

Northern Minerals and Exploration Annual Data

Trend

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Change In Inventory

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Northern Minerals and Exploration Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Northern Minerals and Exploration 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

Northern Minerals and Exploration (OTCPK:NMEX) Change In Inventory Explanation

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

Northern Minerals and Exploration'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	*	365 / 4
	=	N/A

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

Northern Minerals and Exploration's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0	/	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.

Northern Minerals and Exploration's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

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

Northern Minerals and Exploration Change In Inventory Related Terms

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Northern Minerals and Exploration (Northern Minerals and Exploration) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Northern Minerals and Exploration Ltd (OTCPK:NMEX) » Definitions » Change In Inventory

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Address

881 West State Road, Pleasant Grove, UT, USA, 84062

Website

http://www.northernmineralsexploration.com

Northern Minerals and Exploration Ltd is an emerging natural resource company operating in oil and gas production in central Texas and exploration for gold and silver in northern Nevada.