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MMEX Resources (MMEX Resources) Change In Inventory : $0.00 Mil (TTM As of Jan. 2024)


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What is MMEX Resources Change In Inventory?

MMEX Resources's change in inventory for the quarter that ended in Jan. 2024 was $0.00 Mil. It means MMEX Resources's inventory stayed the same from Oct. 2023 to Jan. 2024 .

MMEX Resources's change in inventory for the fiscal year that ended in Apr. 2023 was $0.00 Mil. It means MMEX Resources's inventory stayed the same from Apr. 2022 to Apr. 2023 .

MMEX Resources's Total Inventories for the quarter that ended in Jan. 2024 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MMEX Resources's Days Inventory for the quarter that ended in Jan. 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.

MMEX Resources Change In Inventory Historical Data

The historical data trend for MMEX Resources'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.

* Premium members only.

MMEX Resources Change In Inventory Chart

MMEX Resources Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Change In Inventory
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MMEX Resources Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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MMEX Resources 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 Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.00 Mil.

* 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.

MMEX Resources  (OTCPK:MMEX) Change In Inventory Explanation

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

MMEX Resources's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0/0.009*365 / 4
=0.00

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

MMEX Resources's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=0.009 / 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.

MMEX Resources's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=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.

MMEX Resources Change In Inventory Related Terms

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MMEX Resources (MMEX Resources) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » MMEX Resources Corp (OTCPK:MMEX) » Definitions » Change In Inventory
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Traded in Other Exchanges
N/A
Address
3600 Dickinson, Fort Stockton, TX, USA, 78735
Website
https://www.mmexresources.com
MMEX Resources Corp is a resource development company. Principally, it is engaged in the exploration, extraction, refining, and distribution of oil, gas, petroleum products and electric power projects in Texas, Peru, and other countries in Latin America. The company intends to build crude oil refining facilities in the Permian Basin in West Texas. It also focuses on operations of around 10,000 BPD distillation units that will produce a non-transportation grade diesel for sale in the local market for drilling frac fluids, along with naphtha and residual fuel oil to be sold to other refiners.
Executives
Nabil Katabi 10 percent owner 3616 FAR WEST BLVD., #117, AUSTIN TX 78731
Jack Walton Hanks director, officer: President, CEO 3616 FAR WEST BLVD #117-321, AUSTIN TX 78731
Bruce Lemons director 7 NORTHRIDGE LANE, SANDY UT 84092
Matthew K Szot officer: Chief Financial Officer 802 NORTH DOUTY STREET, HANFORD CA 93230
Tydus Richards director, officer: Chairman of the Board 23 CORPORATE PLAZA, SUITE 280, NEWPORT BEACH CA 92660
Baugues John Paul Jr director, 10 percent owner, officer: Chief Executive Officer 3203 THIRD AVE NORTH, BILLINGS MN 59101