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Hecla Mining Co (Hecla Mining Co) Total Inventories : $93.6 Mil (As of Dec. 2023)


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What is Hecla Mining Co Total Inventories?

Hecla Mining Co's total inventories for the quarter that ended in Dec. 2023 was $93.6 Mil. Hecla Mining Co's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $95.5 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Hecla Mining Co's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-1.40.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hecla Mining Co's Days Inventory for the three months ended in Dec. 2023 was 56.65.

Inventory Turnover measures how fast the company turns over its inventory within a year. Hecla Mining Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.61.

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. Hecla Mining Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.59.


Hecla Mining Co Total Inventories Historical Data

The historical data trend for Hecla Mining Co's Total Inventories 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.

Hecla Mining Co Total Inventories Chart

Hecla Mining Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 66.21 96.18 67.77 90.67 93.65

Hecla Mining Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Inventories 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 90.67 84.34 94.61 97.35 93.65

Hecla Mining Co Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


Hecla Mining Co  (NYSE:HL) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Hecla Mining Co's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(106.374+0.75 * 33.116+0.5 * 93.647-1043
-0.039-0)/616.112
=-1.40

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

Hecla Mining Co'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
=95.4975/153.825*365 / 4
=56.65

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

Hecla Mining Co'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 )
=153.825 / 95.4975
=1.61

4. 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.

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

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=95.4975 / 160.69
=0.59

* 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.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


Hecla Mining Co Total Inventories Related Terms

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Hecla Mining Co (Hecla Mining Co) Business Description

Traded in Other Exchanges
Address
6500 North Mineral Drive, Suite 200, Coeur d'Alene, ID, USA, 83815-9408
Hecla Mining Co produces and explores silver, gold, lead, and zinc. The operating business segments are Greens Creek, Lucky Friday, Keno Hill, Casa Berardi, and Nevada Operations. It generates maximum revenue from the Greens Creek segment. Geographically, it derives a majority of its revenue from Canada.
Executives
George R Johnson director 6500 N MINERAL DR, SUITE 200, COEUR D ALENE ID 83815
Kurt Allen officer: Vice President - Exploration 6500 N. MINERAL DR., SUITE 200, COEUR D'ALENE ID 83815
Michael L. Clary officer: Sr. VP & Chief Admin. Officer 6500 N. MINERAL DR., SUITE 200, COEUR D'ALENE ID 83815
David C Sienko officer: Vice President - Gen. Counsel 6500 N. MINERAL DRIVE, SUITE 200, COEUR D'ALENE ID 83815
Stephen F Ralbovsky director 6500 N MINERAL DR, SUITE 200, COEUR D ALENE ID 83815
Charles B Stanley director 6500 NORTH MINERAL DRIVE, COEUR D'ALENE ID 83815-9408
Theodore Crumley director 2390 N. TOWERVIEW LANE, BOISE ID 83702
Terry V Rogers director 6500 N. MINERAL DR., SUITE 200, COEUR D'ALENE ID 83815
Nethercutt George R Jr director 6500 N. MINERAL DRIVE, SUITE 200, COEUR D'ALENE ID 83815-9408
Russell Douglas Lawlar officer: Sr. VP, CFO and Treasurer 6500 N. MINERAL DR., SUITE 200, COEUR D'ALENE ID 83815
Alice Wong director 6500 N. MINERAL DR, SUITE 200, COEUR D ALENE ID 83815
Baker Phillips S Jr director, officer: President, CEO & CFO 6500 NORTH MINERAL DRIVE, SUITE 200, COEUR D 'ALENE ID 83815
Robert Denis Brown officer: Vice President - Corp. Develp. 6500 N MINERAL DR, SUITE 200, COEUR D ALENE ID 83815
Lauren M Roberts officer: Sr. Vice President & COO 6500 N MINERAL DR, SUITE 200, COEUR D ALENE ID 83815
Catherine J Boggs director 6500 N MINERAL DR., SUITE 200, COEUR D'ALENE ID 83815