Santacruz Silver Mining (Santacruz Silver Mining) Change In Inventory : $3.4 Mil (TTM As of Mar. 2024)

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What is Santacruz Silver Mining Change In Inventory?

Santacruz Silver Mining's change in inventory for the quarter that ended in Mar. 2024 was $4.4 Mil. It means Santacruz Silver Mining's inventory declined by $4.4 Mil from Dec. 2023 to Mar. 2024 .

Santacruz Silver Mining's change in inventory for the fiscal year that ended in Dec. 2023 was $-3.6 Mil. It means Santacruz Silver Mining's inventory increased by $3.6 Mil from Dec. 2022 to Dec. 2023 .

Santacruz Silver Mining's Total Inventories for the quarter that ended in Mar. 2024 was $28.6 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Santacruz Silver Mining's Days Inventory for the quarter that ended in Mar. 2024 was 53.91.

Inventory Turnover measures how fast the company turns over its inventory within a year. Santacruz Silver Mining's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.69.

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. Santacruz Silver Mining's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.59.

Santacruz Silver Mining Change In Inventory Historical Data

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

Santacruz Silver Mining Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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0.82

-0.28

0.15

59.80

-3.55

Santacruz Silver Mining 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															-2.57	-0.47	9.20	-9.71	4.41

Santacruz Silver 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 $3.4 Mil.

Santacruz Silver Mining (OTCPK:SZSMF) Change In Inventory Explanation

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

Santacruz Silver 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
	=	30.798	/	52.126	*	365 / 4
	=	53.91

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	52.126	/	30.798
	=	1.69

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	30.798	/	52.589
	=	0.59

Santacruz Silver Mining Change In Inventory Related Terms

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Santacruz Silver Mining (Santacruz Silver Mining) Business Description

Industry

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Traded in Other Exchanges

1SZ:Germany SCZ:Canada

Address

1140 West Pender Street, Suite 480, Vancouver, BC, CAN

Website

https://www.santacruzsilver.com

Santacruz Silver Mining Ltd is engaged in the operation, acquisition, exploration, and development of mineral properties in Latin America, with a primary focus on silver and zinc, including lead and copper. The company has one producing project, the Zimapan Mine, and two exploration properties in its mineral property portfolio, the La Pechuga Property, and the Santa Gorgonia Prospect. The company earns the majority of its revenue from Zinc and Silver. The company's reportable operating segments are the Bolivar mine and processing plant, the Porco mine and processing plant, the Caballo Blanco Group, San Lucas, Zimapan, and Corporate and Other activities.