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Andes Gold (Andes Gold) Change In Inventory : $-0.06 Mil (TTM As of Dec. 2003)


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What is Andes Gold Change In Inventory?

Andes Gold's change in inventory for the quarter that ended in Dec. 2003 was $-0.04 Mil. It means Andes Gold's inventory increased by $0.04 Mil from Sep. 2003 to Dec. 2003 .

Andes Gold's change in inventory for the fiscal year that ended in Dec. 2003 was $-0.06 Mil. It means Andes Gold's inventory increased by $0.06 Mil from Dec. 2002 to Dec. 2003 .

Andes Gold's Total Inventories for the quarter that ended in Dec. 2003 was $0.34 Mil.

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

Inventory Turnover measures how fast the company turns over its inventory within a year. Andes Gold's Inventory Turnover for the quarter that ended in Dec. 2003 was -5.11.

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.


Andes Gold Change In Inventory Historical Data

The historical data trend for Andes Gold'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.

* Premium members only.

Andes Gold Change In Inventory Chart

Andes Gold Annual Data
Trend Dec94 Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.01 0.03 -0.06 0.01 -0.06

Andes Gold Quarterly Data
Mar98 Jun98 Sep98 Dec98 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03
Change In Inventory 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 0.01 - -0.07 0.05 -0.04

Andes Gold 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. 2003 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.06 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.


Andes Gold  (OTCPK:AGCZ) Change In Inventory Explanation

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

Andes Gold's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.379/-1.935*365 / 4
=N/A

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

Andes Gold's Inventory Turnover for the quarter that ended in Dec. 2003 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.

Andes Gold's Inventory to Revenue for the quarter that ended in Dec. 2003 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.


Andes Gold Change In Inventory Related Terms

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Andes Gold (Andes Gold) Business Description

Traded in Other Exchanges
N/A
Address
1200 N. Federal Highway, Suite 200, Boca Raton, FL, USA, 33432
Andes Gold Corp is the operator of leased properties which it mines for mineral resources, specifically, gold. The company develops and produces gold assets in Ecuador and South America.

Andes Gold (Andes Gold) Headlines