Torex Gold Resources (TSX:TXG) Change In Inventory : C$-9 Mil (TTM As of Sep. 2024)

View and export this data going back to 2010. Start your Free Trial

What is Torex Gold Resources Change In Inventory?

Torex Gold Resources's change in inventory for the quarter that ended in Sep. 2024 was C$3 Mil. It means Torex Gold Resources's inventory declined by C$3 Mil from Jun. 2024 to Sep. 2024 .

Torex Gold Resources's change in inventory for the fiscal year that ended in Dec. 2023 was C$-17 Mil. It means Torex Gold Resources's inventory increased by C$17 Mil from Dec. 2022 to Dec. 2023 .

Torex Gold Resources's Total Inventories for the quarter that ended in Sep. 2024 was C$180 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Torex Gold Resources's Days Inventory for the quarter that ended in Sep. 2024 was 71.06.

Inventory Turnover measures how fast the company turns over its inventory within a year. Torex Gold Resources's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.28.

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. Torex Gold Resources's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.42.

Torex Gold Resources Change In Inventory Historical Data

The historical data trend for Torex Gold Resources'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.

* Premium members only.

Torex Gold Resources Change In Inventory Chart

Torex Gold Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

Get a 7-Day Free Trial

-52.94

9.35

-20.10

2.45

-16.77

Torex Gold Resources 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															-15.83	-4.16	-5.41	-3.02	3.39

Torex Gold Resources 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$-9 Mil.

Torex Gold Resources (TSX:TXG) Change In Inventory Explanation

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

Torex Gold Resources's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	179.436	/	230.417	*	365 / 4
	=	71.06

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

Torex Gold Resources's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	230.417	/	179.436
	=	1.28

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.

Torex Gold Resources's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	179.436	/	424.938
	=	0.42

Torex Gold Resources Change In Inventory Related Terms

Thank you for viewing the detailed overview of Torex Gold Resources's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

Torex Gold Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Torex Gold Resources Inc (TSX:TXG) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

TORXF:USA TXG1:Mexico 0VL5:UK 73GN:Germany 73GN:Germany

Address

130 King Street West, Suite 740, Exchange Tower, Toronto, ON, CAN, M5X 2A2

Website

https://www.torexgold.com

Torex Gold Resources Inc is an intermediate producer of gold and other precious metals, engaged in the exploration, development, and exploration of its wholly owned Morelos Gold Property. The property consists of 29,000 hectares in the Guerrero Gold Belt, located 180 kilometres southwest of Mexico City and approximately 50 kilometres southwest of Iguala. Within this property, the company has two assets: the El Limon-Guajes Mine, an open pit gold deposit located north of the Balsas river, and the Media Luna Project.

Executives

Caroline Donally	Director
Rodrigo Sandoval Navarro	Director
David Stefanuto	Senior Officer
Faysal Abhem Rodriguez Valenzuela	Senior Officer
Jay C. Kellerman	Director
Jennifer Jeene Hooper	Director
Daniel James Thomas Rollins	Senior Officer
Angela Mary Robson	Senior Officer
Jody Lynne Mary Kuzenko	Senior Officer
Rosalie C. Moore	Director
Roy Stephen Slack	Director
Richard Allan Howes	Director
Andrew Peter Snowden	Senior Officer
Robin Anne Bienenstock	Director
Harold Bernard Loyer	Director or Senior Officer of 10% Security Holder