G Mining Ventures (TSX:GMIN) Change In Inventory : C$-18.67 Mil (TTM As of Mar. 2024)

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What is G Mining Ventures Change In Inventory?

G Mining Ventures's change in inventory for the quarter that ended in Mar. 2024 was C$-9.40 Mil. It means G Mining Ventures's inventory increased by C$9.40 Mil from Dec. 2023 to Mar. 2024 .

G Mining Ventures's change in inventory for the fiscal year that ended in Dec. 2023 was C$-9.63 Mil. It means G Mining Ventures's inventory increased by C$9.63 Mil from Dec. 2022 to Dec. 2023 .

G Mining Ventures's Total Inventories for the quarter that ended in Mar. 2024 was C$24.79 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. G Mining Ventures's Days Inventory for the quarter that ended in Mar. 2024 was 26,105.59.

Inventory Turnover measures how fast the company turns over its inventory within a year. G Mining Ventures's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.00.

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.

G Mining Ventures Change In Inventory Historical Data

The historical data trend for G Mining Ventures'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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G Mining Ventures Change In Inventory Chart

G Mining Ventures Annual Data

Trend

Oct18

Oct19

Oct20

Dec22

Dec23

Change In Inventory

-9.63

G Mining Ventures Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-0.39	-2.23	-4.71	-2.33	-9.40

G Mining Ventures 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 C$-18.67 Mil.

G Mining Ventures (TSX:GMIN) Change In Inventory Explanation

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

G Mining Ventures's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	17.7375	/	0.062	*	365 / 4
	=	26,105.59

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.062	/	17.7375
	=	0.00

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	17.7375	/	0
	=	N/A

G Mining Ventures Change In Inventory Related Terms

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G Mining Ventures (TSX:GMIN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » G Mining Ventures Corp (TSX:GMIN) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

GMINF:USA 0WQ0:Germany

Address

7900 Boul. Taschereau, Building D, Suite 210, Brossard, QC, CAN, J4X 1C2

Website

https://www.gminingventures.com

G Mining Ventures Corp is a mineral exploration company engaged in the acquisition, exploration and development of precious metal projects. Its flagship asset, the permitted Tocantinzinho Project, is located in Para State, Brazil. Tocantinzinho is an open-pit gold deposit containing around 2.0 million ounces of reserves at 1.3 g/t. The deposit is open at depth and the underexplored 688km2 land package presents an additional exploration potential. It has one operating segment, the exploration and development of mineral properties.

Executives

Julie-anais Debreil

Senior Officer

G Mining Ventures (TSX:GMIN) Headlines

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