Resolute Mining (Resolute Mining) Change In Inventory : $0.0 Mil (TTM As of Dec. 2023)

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What is Resolute Mining Change In Inventory?

Resolute Mining's change in inventory for the quarter that ended in Dec. 2023 was $0.0 Mil. It means Resolute Mining's inventory stayed the same from Jun. 2023 to Dec. 2023 .

Resolute Mining's change in inventory for the fiscal year that ended in Dec. 2023 was $0.0 Mil. It means Resolute Mining's inventory stayed the same from Dec. 2022 to Dec. 2023 .

Resolute Mining's Total Inventories for the quarter that ended in Dec. 2023 was $135.4 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Resolute Mining's Days Inventory for the quarter that ended in Dec. 2023 was 103.24.

Inventory Turnover measures how fast the company turns over its inventory within a year. Resolute Mining's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.77.

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. Resolute Mining's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.49.

Resolute Mining Change In Inventory Historical Data

The historical data trend for Resolute 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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Resolute Mining Change In Inventory Chart

Resolute Mining Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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16.35

21.64

Resolute Mining Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Change In Inventory	Get a 7-Day Free Trial															-	-	-	-	-

Resolute 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 $0.0 Mil.

Resolute Mining (OTCPK:RMGGF) Change In Inventory Explanation

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

Resolute 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
	=	146.4365	/	258.869	*	365 / 2
	=	103.24

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	258.869	/	146.4365
	=	1.77

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	146.4365	/	301.574
	=	0.49

Resolute Mining Change In Inventory Related Terms

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Resolute Mining (Resolute Mining) Business Description

Industry

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RSG:UK RSM:Germany RSG:Australia

Address

152 St Georges Terrace, Level 37, Central Park Tower, Perth, WA, AUS, 6000

Website

https://www.rml.com.au

Resolute Mining Ltd is an Australia-based gold producer. Its principal activities include gold mining, prospecting, and exploration of minerals. The company organizes its operations into three main business divisions, namely: Mako (Senegal), and Syama (Mali). The firm generates the majority of its revenue from the Syama (Mali) segment. Syama is a robust, long-life asset comprising an underground mine and associated sulphide processing circuit, along with satellite open pit operations which provide ore feed to a separate oxide processing circuit. Mako is a high-quality, open-pit gold mine.