Lithium Americas (Argentina) (TSX:LAAC) Change In Inventory : C$0.00 Mil (TTM As of Mar. 2024)

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What is Lithium Americas (Argentina) Change In Inventory?

Lithium Americas (Argentina)'s change in inventory for the quarter that ended in Mar. 2024 was C$0.00 Mil. It means Lithium Americas (Argentina)'s inventory stayed the same from Dec. 2023 to Mar. 2024 .

Lithium Americas (Argentina)'s change in inventory for the fiscal year that ended in Dec. 2023 was C$0.00 Mil. It means Lithium Americas (Argentina)'s inventory stayed the same from Dec. 2022 to Dec. 2023 .

Lithium Americas (Argentina)'s Total Inventories for the quarter that ended in Mar. 2024 was C$0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lithium Americas (Argentina)'s Days Inventory for the quarter that ended in Mar. 2024 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.

Lithium Americas (Argentina) Change In Inventory Historical Data

The historical data trend for Lithium Americas (Argentina)'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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Lithium Americas (Argentina) Change In Inventory Chart

Lithium Americas (Argentina) Annual Data

Trend

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Dec23

Change In Inventory

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0.45

1.37

Lithium Americas (Argentina) Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
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Lithium Americas (Argentina) 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

Lithium Americas (Argentina) (TSX:LAAC) Change In Inventory Explanation

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

Lithium Americas (Argentina)'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	/	0.24	*	365 / 4
	=	0.00

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

Lithium Americas (Argentina)'s Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.24	/	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.

Lithium Americas (Argentina)'s Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

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

Lithium Americas (Argentina) Change In Inventory Related Terms

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Lithium Americas (Argentina) (TSX:LAAC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lithium Americas (Argentina) Corp (TSX:LAAC) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

LAAC:USA WUC0:Germany

Address

900 West Hastings Street, Suite 300, Vancouver, BC, CAN, V6C 1E5

Website

https://www.lithium-argentina.com

Lithium Argentina is a pure-play lithium producer. The company owns two neighboring lithium brine resources in northwest Argentina: Chauchari-Olaroz and Pastos Grandes. Chauchari-Olaroz entered production in 2023, while Pastos Grandes is still in development. Lithium Argentina plans for both resources to be fully integrated with onside downstream processing capabilities and will sell into the lithium chemical market.

Executives

Juan Diego Lopez Casanello

Director