Andean Precious Metals (Andean Precious Metals) Change In Inventory : $1.5 Mil (TTM As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Andean Precious Metals Change In Inventory?

Andean Precious Metals's change in inventory for the quarter that ended in Dec. 2023 was $6.1 Mil. It means Andean Precious Metals's inventory declined by $6.1 Mil from Sep. 2023 to Dec. 2023 .

Andean Precious Metals's change in inventory for the fiscal year that ended in Dec. 2023 was $1.5 Mil. It means Andean Precious Metals's inventory declined by $1.5 Mil from Dec. 2022 to Dec. 2023 .

Andean Precious Metals's Total Inventories for the quarter that ended in Dec. 2023 was $68.4 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Andean Precious Metals's Days Inventory for the quarter that ended in Dec. 2023 was 90.02.

Inventory Turnover measures how fast the company turns over its inventory within a year. Andean Precious Metals's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.01.

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. Andean Precious Metals's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.88.

Andean Precious Metals Change In Inventory Historical Data

The historical data trend for Andean Precious Metals'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.

Andean Precious Metals Change In Inventory Chart

Andean Precious Metals Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Change In Inventory

-0.58

1.94

-2.98

1.45

Andean Precious Metals Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Change In Inventory	Get a 7-Day Free Trial											0.48	0.03	-11.83	7.11	6.15

Andean Precious Metals 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 quarterly data reported by the company within the most recent 12 months, which was $1.5 Mil.

Andean Precious Metals (OTCPK:ANPMF) Change In Inventory Explanation

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

Andean Precious Metals's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	43.126	/	43.715	*	365 / 4
	=	90.02

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

Andean Precious Metals's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	43.715	/	43.126
	=	1.01

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.

Andean Precious Metals's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	43.126	/	48.821
	=	0.88

Andean Precious Metals Change In Inventory Related Terms

Thank you for viewing the detailed overview of Andean Precious Metals's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Andean Precious Metals (Andean Precious Metals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Andean Precious Metals Corp (OTCPK:ANPMF) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

APM:Canada

Address

Ignacio L. Vallarta, No. 811 Sur, Col. El Mirador Centro, Monterrey, NL, MEX, 64070

Website

https://www.andeanpm.com

Andean Precious Metals Corp is a Canadian-listed, growth-focused precious metals producer operating in Bolivia and the United States. The Company is engaged in the exploration, exploitation, treatment, refining and commercialization of dore bars containing silver and gold, which it extracts from its mining rights and through purchased third-party material.

Andean Precious Metals (Andean Precious Metals) Headlines

From GuruFocus

Andean Precious Metals to Webcast Live at VirtualInvestorConferences.com on November 11

By PRNewswire PRNewswire • 11-04-2021