Central Rand Gold (LSE:CRND) Change In Inventory : £0.01 Mil (TTM As of Jun. 2017)

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What is Central Rand Gold Change In Inventory?

Central Rand Gold's change in inventory for the quarter that ended in Jun. 2017 was £-0.03 Mil. It means Central Rand Gold's inventory increased by £0.03 Mil from Dec. 2016 to Jun. 2017 .

Central Rand Gold's change in inventory for the fiscal year that ended in Dec. 2016 was £0.07 Mil. It means Central Rand Gold's inventory declined by £0.07 Mil from Dec. 2015 to Dec. 2016 .

Central Rand Gold's Total Inventories for the quarter that ended in Jun. 2017 was £0.05 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Central Rand Gold's Days Inventory for the quarter that ended in Jun. 2017 was 5.75.

Inventory Turnover measures how fast the company turns over its inventory within a year. Central Rand Gold's Inventory Turnover for the quarter that ended in Jun. 2017 was 31.76.

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. Central Rand Gold's Inventory-to-Revenue for the quarter that ended in Jun. 2017 was 0.02.

Central Rand Gold Change In Inventory Historical Data

The historical data trend for Central Rand 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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Central Rand Gold Change In Inventory Chart

Central Rand Gold Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Change In Inventory

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0.29

0.23

0.08

-0.03

0.07

Central Rand Gold Semi-Annual Data
	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17
Change In Inventory	Get a 7-Day Free Trial												-0.02	-0.01	0.03	0.04	-0.03

Central Rand 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 Jun. 2017 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.01 Mil.

Central Rand Gold (LSE:CRND) Change In Inventory Explanation

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

Central Rand 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
	=	0.037	/	1.175	*	365 / 2
	=	5.75

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

Central Rand Gold's Inventory Turnover for the quarter that ended in Jun. 2017 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.175	/	0.037
	=	31.76

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.

Central Rand Gold's Inventory to Revenue for the quarter that ended in Jun. 2017 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.037	/	2.072
	=	0.02

Central Rand Gold Change In Inventory Related Terms

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Central Rand Gold (LSE:CRND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Central Rand Gold Ltd (LSE:CRND) » Definitions » Change In Inventory

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Address

Trafalgar Court, 2nd Floor, East Wing, Admiral Park, St Peter Port, GGY, GY13HU

Website

http://www.centralrandgold.com

Central Rand Gold Ltd is a gold exploration and production group. It is engaged in a gold mining and exploration project that aims to bring profitable and sustainable gold mining back to the City of Johannesburg. The company plans to extract all profitable gold from its resource base using appropriate mining, processing, and environmentally friendly technologies. Central Rand Gold's current portfolio is the Consolidated Main Reef (CMR) operations which have been split into CMR West and CMR East and the Crown Mines development. CMR West is Central Rand Gold's first mining target area. It comprises an operational underground and opencast gold mine that utilizes conventional opencast stopping and extraction methods.

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