Fathom Nickel (Fathom Nickel) Inventory Turnover : 0.00 (As of Sep. 2023)

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What is Fathom Nickel 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. Fathom Nickel's Cost of Goods Sold for the three months ended in Sep. 2023 was $0.01 Mil. Fathom Nickel's Average Total Inventories for the quarter that ended in Sep. 2023 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Fathom Nickel's Days Inventory for the three months ended in Sep. 2023 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.

Fathom Nickel Inventory Turnover Historical Data

The historical data trend for Fathom Nickel'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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Fathom Nickel Inventory Turnover Chart

Fathom Nickel Annual Data

Trend

Dec20

Dec21

Dec22

Inventory Turnover

Fathom Nickel Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23
Inventory Turnover	Get a 7-Day Free Trial							-	-	-	-	-

Fathom Nickel Inventory Turnover Calculation

Fathom Nickel's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	0.035	/ (	(0	+	0)	/	1 )
=	0.035	/	0
=	N/A

Fathom Nickel's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

	Inventory Turnover (Q: Sep. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2023 )	/ (	(Total Inventories (Q: Mar. 2023 )	+	Total Inventories (Q: Sep. 2023 ))	/	count )
=	0.009	/ (	(0	+	0)	/	1 )
=	0.009	/	0
=	N/A

Fathom Nickel (OTCPK:FNICF) 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.

Fathom Nickel's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2023 )	/	Cost of Goods Sold (Q: Sep. 2023 )	*	Days in Period
	=	0	/	0.009	*	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.

Fathom Nickel's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

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

Fathom Nickel Inventory Turnover Related Terms

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Fathom Nickel (Fathom Nickel) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Fathom Nickel Inc (OTCPK:FNICF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

6Q5:Germany FNI:Canada

Address

521 3rd Avenue SW, Suite 730, Calgary, AB, CAN, T2P3T3

Website

https://www.fathomnickel.com

Fathom Nickel Inc is a resource development and exploration company that is targeting high-grade nickel sulfide discoveries for use in the rapidly growing global electric vehicle market.

Fathom Nickel (Fathom Nickel) Headlines

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