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Evolution Mining (Evolution Mining) Change In Inventory : $0 Mil (TTM As of Dec. 2023)


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What is Evolution Mining Change In Inventory?

Evolution Mining's change in inventory for the quarter that ended in Dec. 2023 was $0 Mil. It means Evolution Mining's inventory stayed the same from Jun. 2023 to Dec. 2023 .

Evolution Mining's change in inventory for the fiscal year that ended in Jun. 2023 was $0 Mil. It means Evolution Mining's inventory stayed the same from Jun. 2022 to Jun. 2023 .

Evolution Mining's Total Inventories for the quarter that ended in Dec. 2023 was $219 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Evolution Mining's Days Inventory for the quarter that ended in Dec. 2023 was 80.31.

Inventory Turnover measures how fast the company turns over its inventory within a year. Evolution Mining's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.27.

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. Evolution Mining's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.24.


Evolution Mining Change In Inventory Historical Data

The historical data trend for Evolution Mining'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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Evolution Mining Change In Inventory Chart

Evolution Mining Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Change In Inventory
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Evolution Mining Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Evolution Mining 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 Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0 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.


Evolution Mining  (OTCPK:CAHPF) Change In Inventory Explanation

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

Evolution Mining's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=221.2465/502.768*365 / 2
=80.31

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

Evolution Mining's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

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.

Evolution Mining's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

* 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.


Evolution Mining Change In Inventory Related Terms

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Evolution Mining (Evolution Mining) Business Description

Traded in Other Exchanges
Address
175 Liverpool Street, Level 24, Sydney, NSW, AUS, 2000
Evolution Mining is an Australian-based gold miner. It sold around 650,000 ounces of gold in fiscal 2023 from five wholly owned mines in Australia and Canada. Formed in 2011 via the merger of Conquest Mining and Catalpa Resources and the purchase of Newcrest Mining's Mt Rawdon and Cracow mines, Evolution has acquired more mines and sold the generally less attractive, higher-cost mines. Cowal and Mungari were bought in 2015, with an initial interest in Glencore's Ernest Henry mine following in 2016, Red Lake in Canada in 2020, and the rest of Ernest Henry in 2022. It has also agreed to buy an 80% stake in the Northparkes copper and gold mine in New South Wales, likely effective January 2024. It had roughly 13 years of gold reserves at end fiscal 2023.