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Zinc One Resources (Zinc One Resources) Inventory Turnover : 0.00 (As of Nov. 2023)


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What is Zinc One Resources 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. Zinc One Resources's Cost of Goods Sold for the three months ended in Nov. 2023 was $0.00 Mil. Zinc One Resources's Average Total Inventories for the quarter that ended in Nov. 2023 was $0.00 Mil.

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.


Zinc One Resources Inventory Turnover Historical Data

The historical data trend for Zinc One Resources'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.

* Premium members only.

Zinc One Resources Inventory Turnover Chart

Zinc One Resources Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Inventory Turnover
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Zinc One Resources Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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Zinc One Resources Inventory Turnover Calculation

Zinc One Resources's Inventory Turnover for the fiscal year that ended in Feb. 2023 is calculated as

Inventory Turnover (A: Feb. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Feb. 2023 ) / ((Total Inventories (A: Feb. 2022 ) + Total Inventories (A: Feb. 2023 )) / count )
=0.004 / ((0 + 0) / 1 )
=0.004 / 0
=N/A

Zinc One Resources's Inventory Turnover for the quarter that ended in Nov. 2023 is calculated as

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

* 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.


Zinc One Resources  (OTCPK:ZZZOF) 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.

Zinc One Resources's Days Inventory for the three months ended in Nov. 2023 is calculated as:

Days Inventory =Average Total Inventories (Q: Nov. 2023 )/Cost of Goods Sold (Q: Nov. 2023 )*Days in Period
=0/0*365 / 4
=

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.

Zinc One Resources's Inventory to Revenue for the quarter that ended in Nov. 2023 is calculated as

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

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.


Zinc One Resources Inventory Turnover Related Terms

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Zinc One Resources (Zinc One Resources) Business Description

Traded in Other Exchanges
Address
200 - 550 Denman Street, Vancouver, BC, CAN, V6G3H1
Zinc One Resources Inc is a Canada-based company that operates in a single segment of acquisition and exploration of interests in mineral properties. The company operates in two geographical segments: Canada, and Africa.

Zinc One Resources (Zinc One Resources) Headlines

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