GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ascot Resources Ltd (OTCPK:AOTVF) » Definitions » Inventory-to-Revenue

Ascot Resources (Ascot Resources) Inventory-to-Revenue : 0.00 (As of Mar. 2024)


View and export this data going back to 1987. Start your Free Trial

What is Ascot Resources Inventory-to-Revenue?

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. Ascot Resources's Average Total Inventories for the quarter that ended in Mar. 2024 was $2.65 Mil. Ascot Resources's Revenue for the three months ended in Mar. 2024 was $0.00 Mil.

Ascot Resources's Inventory-to-Revenue for the quarter that ended in Mar. 2024 stayed the same from Dec. 2023 (0.00) to Dec. 2023 (0.00)

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ascot Resources's Days Inventory for the three months ended in Mar. 2024 was 3,505.85.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ascot Resources's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.03.


Ascot Resources Inventory-to-Revenue Historical Data

The historical data trend for Ascot Resources's Inventory-to-Revenue 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.

Ascot Resources Inventory-to-Revenue Chart

Ascot Resources Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Ascot Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Ascot Resources's Inventory-to-Revenue

For the Other Industrial Metals & Mining subindustry, Ascot Resources's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ascot Resources's Inventory-to-Revenue Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Ascot Resources's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Ascot Resources's Inventory-to-Revenue falls into.



Ascot Resources Inventory-to-Revenue Calculation

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.

Ascot Resources's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (0 + 0.569) / 1 ) / 0
=0.569 / 0
=N/A

Ascot Resources's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (0.569 + 4.733) / 2 ) / 0
=2.651 / 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.


Ascot Resources  (OTCPK:AOTVF) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Ascot Resources's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=2.651/0.069*365 / 4
=3,505.85

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

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

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=0.069 / 2.651
=0.03

* 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.


Ascot Resources Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of Ascot Resources's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Ascot Resources (Ascot Resources) Business Description

Traded in Other Exchanges
Address
1095 West Pender Street, Suite 1050, Vancouver, BC, CAN, V6E 2M6
Ascot Resources Ltd is a development and exploration company. It is a focused gold and silver explorer with a portfolio of advanced and grassroots projects in the Golden Triangle region of British Columbia. It holds an interest in Premier Gold Project and Red Mountain Project. The company also has two other properties; Swamp Point, an aggregate project located in British Columbia on the Portland Canal, and Mt. Margaret, a porphyry copper-molybdenum-gold-silver deposit located in Washington State, USA.

Ascot Resources (Ascot Resources) Headlines

From GuruFocus

Ascot Reports 2022 Annual Results

By GlobeNewswire GlobeNewswire 03-24-2023

Ascot Publishes 2022 Sustainability Report

By GlobeNewswire GlobeNewswire 03-24-2023

Ascot Resources Reports 2021 First Quarter Financial Results

By GlobeNewswire GlobeNewswire 05-13-2021

Ascot Reports Third Quarter 2022 Results

By GlobeNewswire GlobeNewswire 11-10-2022