Serabi Gold (STU:B9O2) Change In Inventory : €-3.44 Mil (TTM As of Mar. 2024)

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What is Serabi Gold Change In Inventory?

Serabi Gold's change in inventory for the quarter that ended in Mar. 2024 was €-1.16 Mil. It means Serabi Gold's inventory increased by €1.16 Mil from Dec. 2023 to Mar. 2024 .

Serabi Gold's change in inventory for the fiscal year that ended in Dec. 2023 was €-2.60 Mil. It means Serabi Gold's inventory increased by €2.60 Mil from Dec. 2022 to Dec. 2023 .

Serabi Gold's Total Inventories for the quarter that ended in Mar. 2024 was €12.88 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Serabi Gold's Days Inventory for the quarter that ended in Mar. 2024 was 83.60.

Inventory Turnover measures how fast the company turns over its inventory within a year. Serabi Gold's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.09.

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. Serabi Gold's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.66.

Serabi Gold Change In Inventory Historical Data

The historical data trend for Serabi 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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Serabi Gold Change In Inventory Chart

Serabi Gold Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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1.93

-1.52

-0.29

-1.36

-2.60

Serabi Gold Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-0.33	0.32	-0.65	-1.96	-1.16

Serabi 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €-3.44 Mil.

Serabi Gold (STU:B9O2) Change In Inventory Explanation

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

Serabi 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
	=	12.308	/	13.434	*	365 / 4
	=	83.60

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

Serabi Gold's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	13.434	/	12.308
	=	1.09

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.

Serabi Gold's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	12.308	/	18.626
	=	0.66

Serabi Gold Change In Inventory Related Terms

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Serabi Gold (STU:B9O2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Serabi Gold PLC (STU:B9O2) » Definitions » Change In Inventory

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Traded in Other Exchanges

SRBIF:USA SRB:UK SBI:Canada

Address

Cobham Park Road, The Long Barn, Downside, Surrey, GBR, KT11 3NE

Website

https://www.serabigold.com

Serabi Gold PLC is a gold exploration and production company. It is involved in the evaluation and development of gold deposits in Brazil. The Group has only one business activity namely the conduct of gold mining and exploration in Brazil. The company has two geographical segments namely Brazil and the UK. It generates maximum revenue from the Brazil region. The company projects include Palito, Sao Chico Gold Mines, Coringa, Jardim do Ouro and Tapajos Regional Exploration. It derives its majority revenue from the sale of gold.

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