Aris Mining (TSX:ARIS) Change In Inventory : C$-20.5 Mil (TTM As of Sep. 2024)

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What is Aris Mining Change In Inventory?

Aris Mining's change in inventory for the quarter that ended in Sep. 2024 was C$-2.2 Mil. It means Aris Mining's inventory increased by C$2.2 Mil from Jun. 2024 to Sep. 2024 .

Aris Mining's change in inventory for the fiscal year that ended in Dec. 2023 was C$-8.2 Mil. It means Aris Mining's inventory increased by C$8.2 Mil from Dec. 2022 to Dec. 2023 .

Aris Mining's Total Inventories for the quarter that ended in Sep. 2024 was C$62.5 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aris Mining's Days Inventory for the quarter that ended in Sep. 2024 was 45.23.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aris Mining's Inventory Turnover for the quarter that ended in Sep. 2024 was 2.02.

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. Aris Mining's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.34.

Aris Mining Change In Inventory Historical Data

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

Aris Mining Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-10.54

-7.72

-2.61

-5.55

-8.16

Aris 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															-5.14	-5.46	-3.38	-9.46	-2.23

Aris 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 C$-20.5 Mil.

Aris Mining (TSX:ARIS) Change In Inventory Explanation

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

Aris 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
	=	61.9435	/	124.978	*	365 / 4
	=	45.23

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	124.978	/	61.9435
	=	2.02

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	61.9435	/	182.496
	=	0.34

Aris Mining Change In Inventory Related Terms

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Aris Mining Business Description

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ARMN:USA ZP1:Germany

Address

425 Hornby Street, Vancouver, BC, CAN, V6C 2Y2

Website

https://www.aris-mining.com

Aris Mining Corp is engaged in the acquisition, exploration, development and operation of gold properties in Colombia, Guyana and Canada. It owns and operates its Segovia Operations, Soto Norte Project and Marmato Mine in Colombia, Toroparu Project in Guyana and the Juby Project in Ontario, Canada. The company generates revenue from the sale of gold and silver.