PXMFF (Philex Mining) Change In Inventory : $3.8 Mil (TTM As of Sep. 2024)

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What is Philex Mining Change In Inventory?

Philex Mining's change in inventory for the quarter that ended in Sep. 2024 was $-4.3 Mil. It means Philex Mining's inventory increased by $4.3 Mil from Jun. 2024 to Sep. 2024 .

Philex Mining's change in inventory for the fiscal year that ended in Dec. 2023 was $-1.6 Mil. It means Philex Mining's inventory increased by $1.6 Mil from Dec. 2022 to Dec. 2023 .

Philex Mining's Total Inventories for the quarter that ended in Sep. 2024 was $26.4 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Philex Mining's Days Inventory for the quarter that ended in Sep. 2024 was 76.78.

Inventory Turnover measures how fast the company turns over its inventory within a year. Philex Mining's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.19.

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. Philex Mining's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.72.

Philex Mining Change In Inventory Historical Data

The historical data trend for Philex 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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Philex Mining Change In Inventory Chart

Philex Mining Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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1.60

-6.90

-10.51

14.65

-1.60

Philex Mining Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Change In Inventory	Get a 7-Day Free Trial															-4.32	8.99	-5.99	5.03	-4.25

Philex 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 Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.8 Mil.

Philex Mining (OTCPK:PXMFF) Change In Inventory Explanation

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

Philex 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
	=	24.321	/	28.903	*	365 / 4
	=	76.78

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

Philex Mining's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	28.903	/	24.321
	=	1.19

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.

Philex Mining's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	24.321	/	33.951
	=	0.72

Philex Mining Change In Inventory Related Terms

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Philex Mining Business Description

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PX:Philippines

Address

Reliance Street Corner Sheridan Street, 2nd Floor, Launchpad, Metro Manila, Mandaluyong, PHL, 1550

Website

https://www.philexmining.com.ph

Philex Mining Corporation is a mining and energy company based in the Philippines. The company is organized across two main business groupings: the mining and metals business, and the energy and hydrocarbon business. The metals business mines copper concentrates to produce copper and by-products of gold and silver. The energy and hydrocarbon business has interests (operating and non-operating) in several oil and gas companies. The metals business's gold and copper output are largely produced by the Padcal Mine in Benguet, Philippines. Production from the Padcal Mine contributes the vast majority of the entire company's revenue.

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