Atlantic Gold (ASX:AGB) Change In Inventory : A$-4.1 Mil (TTM As of Mar. 2019)

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What is Atlantic Gold Change In Inventory?

Atlantic Gold's change in inventory for the quarter that ended in Mar. 2019 was A$-2.6 Mil. It means Atlantic Gold's inventory increased by A$2.6 Mil from Dec. 2018 to Mar. 2019 .

Atlantic Gold's change in inventory for the fiscal year that ended in Dec. 2018 was A$-3.3 Mil. It means Atlantic Gold's inventory increased by A$3.3 Mil from Dec. 2017 to Dec. 2018 .

Atlantic Gold's Total Inventories for the quarter that ended in Mar. 2019 was A$16.9 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Atlantic Gold's Days Inventory for the quarter that ended in Mar. 2019 was 62.76.

Inventory Turnover measures how fast the company turns over its inventory within a year. Atlantic Gold's Inventory Turnover for the quarter that ended in Mar. 2019 was 1.45.

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. Atlantic Gold's Inventory-to-Revenue for the quarter that ended in Mar. 2019 was 0.47.

Atlantic Gold Change In Inventory Historical Data

The historical data trend for Atlantic 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.

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Atlantic Gold Change In Inventory Chart

Atlantic Gold Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Change In Inventory

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-0.21

-5.46

-3.28

Atlantic Gold Quarterly Data
	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19
Change In Inventory	Get a 7-Day Free Trial															-1.72	0.26	-0.01	-1.75	-2.58

Atlantic 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 Mar. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was A$-4.1 Mil.

Atlantic Gold (ASX:AGB) Change In Inventory Explanation

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

Atlantic 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
	=	15.0375	/	21.864	*	365 / 4
	=	62.76

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

Atlantic Gold's Inventory Turnover for the quarter that ended in Mar. 2019 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	21.864	/	15.0375
	=	1.45

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.

Atlantic Gold's Inventory to Revenue for the quarter that ended in Mar. 2019 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	15.0375	/	32.094
	=	0.47

Atlantic Gold Change In Inventory Related Terms

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Atlantic Gold (ASX:AGB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Atlantic Gold Corp (ASX:AGB) » Definitions » Change In Inventory

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Address

595 Burrard Street, Suite 3083, P.O. Box 49298, Three Bentall Centre, Vancouver, BC, CAN, V7X 1L3

Website

http://www.atlanticgoldcorporation.com

Atlantic Gold Corp is engaged in the acquisition, exploration, and development of mineral properties. The company explores for gold. It holds interests in the Moose River Consolidated Project comprising the Touquoy and the Beaver Dam gold deposits; the Cochrane Hill gold deposit; and the Fifteen Mile Stream deposit. All the business activity is primarily functioned through the region of Canada.

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