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Monument Mining (Monument Mining) Inventory-to-Revenue : 1.48 (As of Dec. 2023)


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What is Monument Mining 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. Monument Mining's Average Total Inventories for the quarter that ended in Dec. 2023 was $16.22 Mil. Monument Mining's Revenue for the three months ended in Dec. 2023 was $11.00 Mil. Monument Mining's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.48.

Monument Mining's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (1.83) to Sep. 2023 (1.48)

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.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Monument Mining's Days Inventory for the three months ended in Dec. 2023 was 237.70.

Inventory Turnover measures how fast the company turns over its inventory within a year. Monument Mining's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.38.


Monument Mining Inventory-to-Revenue Historical Data

The historical data trend for Monument Mining'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.

Monument Mining Inventory-to-Revenue Chart

Monument Mining Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 0.57 0.61 0.94 0.93

Monument Mining Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.12 3.96 3.32 1.83 1.48

Competitive Comparison of Monument Mining's Inventory-to-Revenue

For the Gold subindustry, Monument Mining'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.


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

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

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



Monument Mining 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.

Monument Mining's Inventory-to-Revenue for the fiscal year that ended in Jun. 2023 is calculated as

Inventory-to-Revenue (A: Jun. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Jun. 2022 ) + Total Inventories (A: Jun. 2023 )) / count ) / Revenue (A: Jun. 2023 )
=( (12.743 + 10.197) / 2 ) / 12.386
=11.47 / 12.386
=0.93

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

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (15.073 + 17.374) / 2 ) / 10.997
=16.2235 / 10.997
=1.48

* 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.


Monument Mining  (OTCPK:MMTMF) 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.

Monument Mining's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=16.2235/6.228*365 / 4
=237.70

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

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

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=6.228 / 16.2235
=0.38

* 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.


Monument Mining Inventory-to-Revenue Related Terms

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Monument Mining (Monument Mining) Business Description

Traded in Other Exchanges
Address
1100 Melville Street, Suite 1580, Vancouver, BC, CAN, V6E 4A6
Monument Mining Ltd is a gold exploration company engaged in gold producing and mining asset developer that owns and operates the Selinsing gold mine in Malaysia. The Selinsing gold portfolio comprises of Selinsing, Buffalo Reef, Felda Land and Famehub properties in Pahang State, Malaysia and the Murchison Gold Projects comprising Burnakura, Gabanintha and Tuckanarra properties in Western Australia.

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