LZG International (LZG International) Change In Inventory : $-0.30 Mil (TTM As of Feb. 2023)

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What is LZG International Change In Inventory?

LZG International's change in inventory for the quarter that ended in Feb. 2023 was $0.00 Mil. It means LZG International's inventory stayed the same from Nov. 2022 to Feb. 2023 .

LZG International's change in inventory for the fiscal year that ended in May. 2022 was $0.00 Mil. It means LZG International's inventory stayed the same from May. 2021 to May. 2022 .

LZG International's Total Inventories for the quarter that ended in Feb. 2023 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. LZG International's Days Inventory for the quarter that ended in Feb. 2023 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. LZG International's Inventory-to-Revenue for the quarter that ended in Feb. 2023 was 0.00.

LZG International Change In Inventory Historical Data

The historical data trend for LZG International'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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LZG International Change In Inventory Chart

LZG International Annual Data

Trend

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Change In Inventory

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LZG International Quarterly Data
	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23
Change In Inventory	Get a 7-Day Free Trial															-	-	-0.30	-	-

LZG International 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 Feb. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.30 Mil.

LZG International (OTCPK:LZGI) Change In Inventory Explanation

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

LZG International'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	/	1.803	*	365 / 4
	=	0.00

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

LZG International's Inventory Turnover for the quarter that ended in Feb. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.803	/	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.

LZG International's Inventory to Revenue for the quarter that ended in Feb. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0	/	9.563
	=	0.00

LZG International Change In Inventory Related Terms

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LZG International (LZG International) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » LZG International Inc (OTCPK:LZGI) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

135 West 41st Street, Suite 5-104, New York, NY, USA, 10036

Website

https://www.fatbrain.ai

LZG International Inc is a AI Solutions company empowering 500M-strong star enterprises of tomorrow (aka mSMEs) to grow, innovate, and drive the majority of the global economy.

Executives

Michael T. Moe	director	C/O NEXT INNOVATION CORP., 2965 WOODSIDE ROAD, WOODSIDE CA 94062
Peter Benjamin Ritz	director, 10 percent owner, officer: Chief Executive Officer	2157 SOUTH LINCOLN STREET, SALT LAKE CITY UT 84106
Rajarshi Das	10 percent owner, other: CDS & MD of Al App	7 WAMPUS AVENUE, ARMONK NY 10504
Shawn R. Carey	officer: Chief Operating Officer	1156 N NEW STREET, WEST CHESTER PA 19382
First Equity Holdings Corp	10 percent owner	2157 S LINCOLN ST, SALT LAKE CITY UT 84106
Greg L Popp	director, officer: President	455 EAST 400 SOUTH, SUITE #5, SALT LAKE CITY UT 84111