Cyprium Metals (ASX:CYM) Inventory Turnover : 0.00 (As of Jun. 2023)

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What is Cyprium Metals 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. Cyprium Metals's Cost of Goods Sold for the six months ended in Jun. 2023 was A$0.00 Mil. Cyprium Metals's Average Total Inventories for the quarter that ended in Jun. 2023 was A$6.58 Mil. Cyprium Metals's Inventory Turnover for the quarter that ended in Jun. 2023 was 0.00.

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.

Cyprium Metals Inventory Turnover Historical Data

The historical data trend for Cyprium Metals'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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Cyprium Metals Inventory Turnover Chart

Cyprium Metals Annual Data

Trend

Dec13

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Dec22

Dec23

Inventory Turnover

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Cyprium Metals Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Cyprium Metals Inventory Turnover Calculation

Cyprium Metals'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 )
=	0	/ (	(6.606	+	6.442)	/	2 )
=	0	/	6.524
=	0.00

Cyprium Metals's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

	Inventory Turnover (Q: Jun. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2023 )	/ (	(Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Jun. 2023 ))	/	count )
=	0	/ (	(6.606	+	6.558)	/	2 )
=	0	/	6.582
=	0.00

Cyprium Metals (ASX:CYM) 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.

Cyprium Metals's Days Inventory for the six months ended in Jun. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2023 )	/	Cost of Goods Sold (Q: Jun. 2023 )	*	Days in Period
	=	6.582	/	0	*	365 / 2
	=

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.

Cyprium Metals's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2023 )	/	Revenue (Q: Jun. 2023 )
	=	6.582	/	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.

Cyprium Metals Inventory Turnover Related Terms

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Cyprium Metals (ASX:CYM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cyprium Metals Ltd (ASX:CYM) » Definitions » Inventory Turnover

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CYPMF:USA

Address

437 Roberts Road, Ground Floor, Subiaco, Perth, WA, AUS, 6008

Website

https://www.cypriummetals.com

Cyprium Metals Ltd is a company engaged in the business of mineral exploration. The company operates through various projects including Nifty Copper Mines; Maroochydore Copper Project; Paterson Exploration Project and Murchison Copper-Gold Project.

Cyprium Metals (ASX:CYM) Headlines

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