Silver X Mining (FRA:AGX) Change In Inventory : €0.28 Mil (TTM As of Mar. 2024)

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What is Silver X Mining Change In Inventory?

Silver X Mining's change in inventory for the quarter that ended in Mar. 2024 was €0.09 Mil. It means Silver X Mining's inventory declined by €0.09 Mil from Dec. 2023 to Mar. 2024 .

Silver X Mining's change in inventory for the fiscal year that ended in Dec. 2023 was €0.61 Mil. It means Silver X Mining's inventory declined by €0.61 Mil from Dec. 2022 to Dec. 2023 .

Silver X Mining's Total Inventories for the quarter that ended in Mar. 2024 was €0.47 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Silver X Mining's Days Inventory for the quarter that ended in Mar. 2024 was 10.70.

Inventory Turnover measures how fast the company turns over its inventory within a year. Silver X Mining's Inventory Turnover for the quarter that ended in Mar. 2024 was 8.53.

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. Silver X Mining's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.12.

Silver X Mining Change In Inventory Historical Data

The historical data trend for Silver X 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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Silver X Mining Change In Inventory Chart

Silver X Mining Annual Data

Trend

Feb20

Feb21

Dec22

Dec23

Change In Inventory

-0.89

0.61

Silver X Mining Quarterly Data
	May20	Aug20	Feb21	May21	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial									0.43	-0.10	0.16	0.13	0.09

Silver X 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.28 Mil.

Silver X Mining (FRA:AGX) Change In Inventory Explanation

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

Silver X 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
	=	0.515	/	4.391	*	365 / 4
	=	10.70

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

Silver X Mining's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	4.391	/	0.515
	=	8.53

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.

Silver X Mining's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.515	/	4.397
	=	0.12

Silver X Mining Change In Inventory Related Terms

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Silver X Mining (FRA:AGX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Silver X Mining Corp (FRA:AGX) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

AGXPF:USA AGX:Germany AGX:Canada

Address

800 West Pender Street, Suite 1430, Vancouver, BC, CAN, V6C 2V6

Website

https://www.silverx-mining.com

Silver X Mining Corp is a Canadian silver mining company with assets in Peru and Ecuador. The Company operates in two reportable operating segments, the exploration and development of mineral properties. The company's flagship asset is the Nueva Recuperada silver lead zinc project located in Huancavelica, Peru. The firm offers diverse commodity exposure, including silver, gold, lead, and zinc opportunities. It also holds interest in the Coriorcco gold project.