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Golden Minerals Co (Golden Minerals Co) Inventory-to-Revenue : 1.89 (As of Dec. 2023)


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What is Golden Minerals Co Inventory-to-Revenue?

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. Golden Minerals Co's Average Total Inventories for the quarter that ended in Dec. 2023 was $0.57 Mil. Golden Minerals Co's Revenue for the three months ended in Dec. 2023 was $0.30 Mil. Golden Minerals Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 1.89.

Golden Minerals Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 increased from Sep. 2023 (0.31) to Sep. 2023 (1.89)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Golden Minerals Co's Days Inventory for the three months ended in Dec. 2023 was 40.36.

Inventory Turnover measures how fast the company turns over its inventory within a year. Golden Minerals Co's Inventory Turnover for the quarter that ended in Dec. 2023 was 2.26.


Golden Minerals Co Inventory-to-Revenue Historical Data

The historical data trend for Golden Minerals Co's Inventory-to-Revenue 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.

Golden Minerals Co Inventory-to-Revenue Chart

Golden Minerals Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.05 0.04 0.06 0.09

Golden Minerals Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Inventory-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.34 0.34 0.28 0.31 1.89

Competitive Comparison of Golden Minerals Co's Inventory-to-Revenue

For the Other Precious Metals & Mining subindustry, Golden Minerals Co's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Golden Minerals Co's Inventory-to-Revenue Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Golden Minerals Co's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Golden Minerals Co's Inventory-to-Revenue falls into.



Golden Minerals Co Inventory-to-Revenue Calculation

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.

Golden Minerals Co's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (1.371 + 0.83) / 2 ) / 12.002
=1.1005 / 12.002
=0.09

Golden Minerals Co's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (0.305 + 0.83) / 2 ) / 0.3
=0.5675 / 0.3
=1.89

* 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.


Golden Minerals Co  (AMEX:AUMN) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Golden Minerals Co's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=0.5675/1.283*365 / 4
=40.36

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

Golden Minerals Co's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=1.283 / 0.5675
=2.26

* 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.


Golden Minerals Co Inventory-to-Revenue Related Terms

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Golden Minerals Co (Golden Minerals Co) Business Description

Traded in Other Exchanges
Address
350 Indiana Street, Suite 650, Golden, CO, USA, 80401
Golden Minerals Co is an exploration stage company engaged in the mining, construction, and exploration of precious metals and mineral properties. It owns and operates Velardena and Chicago precious metals mining properties and associated oxide and sulfide processing plants in the State of Durango, Mexico, the El Quevar exploration property in the province of Salta, Argentina, and a diversified portfolio of precious metals and other mineral exploration properties located in or near historical precious metals producing regions of Mexico. The company's business is structured into two divisions, Mexico operations, and Corporate Exploration and Other.
Executives
Pablo Castanos officer: Executive Vice President 350 INDIANA STREET, SUITE 650, GOLDEN CO 80401
Andrew Pullar director LANDMARK SQUARE, 1ST FL., 64 EARTH CLOSE, WEST BAY BEACH SOUTH, P.O. BOX 10795, GRAND CAYMAN E9 KY1-1007
William Durand Eppler director 165 GILPIN STREET, DENVER CO 80218
David Watkins director 1717 SASAMAT STREET, VANCOUVER A1 V6R 4S3
John Galassini officer: Chief Operating Officer 350 INDIANA STREET, SUITE 650, GOLDEN CO 80401
Julie Weedman officer: Senior VP and CFO 350 INDIANA STREET, SUITE 650, GOLDEN CO 80401
Robert P Vogels officer: VP, Principal Acct Officer 1700 LINCOLN STREET, SUITE 3050, DENVER CO 80203
Sentient Global Resources Fund Iii, Lp 10 percent owner P O BOX 10795, HARBOUR CENTER, GEORGETOWN E9 KY1-1007
Warren Rehn officer: SVP Exploration/Chief Geol. 350 INDIANA STREET, SUITE 800, GOLDEN CO 80401
Jeffrey G Clevenger director, officer: Chief Executive Officer 1700 LINCOLN STREET, SUITE 3050, DENVER CO 80203
Deborah J Friedman officer: Sr VP, Gen. Coun. & Corp. Secy 1700 LINCOLN STREET, SUITE 3050, DENVER CO 80203
Sentient Gp Iv, Lp other: General Partner P O BOX 10795, GRANDY CAYMAN KY1-1007 E9 00000
Sentient Global Resources Fund Iv, L.p. 10 percent owner LANDMARK SQUARE, 64 EARTH CLOSE, WEST BAY BEACH SOUTH, GEORGE TOWN, GRAND CAYMAN E9 KY1-1107
Sentient Executive Gp Iv, Ltd 10 percent owner P O BOX 10795, GRAND CAYMAN E9 KY1-1007
Michael Thomas Mason director 142 STRATFORD AVE, GARDEN CITY NY 11530