GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » SilverCrest Metals Inc (FRA:S0C) » Definitions » Inventory-to-Revenue

SilverCrest Metals (FRA:S0C) Inventory-to-Revenue : 0.81 (As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is SilverCrest Metals 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. SilverCrest Metals's Average Total Inventories for the quarter that ended in Mar. 2024 was €47.3 Mil. SilverCrest Metals's Revenue for the three months ended in Mar. 2024 was €58.6 Mil. SilverCrest Metals's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.81.

SilverCrest Metals's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (0.79) to Dec. 2023 (0.81)

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. SilverCrest Metals's Days Inventory for the three months ended in Mar. 2024 was 179.37.

Inventory Turnover measures how fast the company turns over its inventory within a year. SilverCrest Metals's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.51.


SilverCrest Metals Inventory-to-Revenue Historical Data

The historical data trend for SilverCrest Metals'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.

SilverCrest Metals Inventory-to-Revenue Chart

SilverCrest Metals Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only - - - 0.92 0.19

SilverCrest Metals Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.72 0.73 0.72 0.79 0.81

Competitive Comparison of SilverCrest Metals's Inventory-to-Revenue

For the Other Precious Metals & Mining subindustry, SilverCrest Metals'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.


SilverCrest Metals's Inventory-to-Revenue Distribution in the Metals & Mining Industry

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

* The bar in red indicates where SilverCrest Metals's Inventory-to-Revenue falls into.



SilverCrest Metals 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.

SilverCrest Metals'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 )
=( (37.952 + 45.665) / 2 ) / 224.784
=41.8085 / 224.784
=0.19

SilverCrest Metals's Inventory-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (45.665 + 48.981) / 2 ) / 58.554
=47.323 / 58.554
=0.81

* 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.


SilverCrest Metals  (FRA:S0C) 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.

SilverCrest Metals's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=47.323/24.075*365 / 4
=179.37

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

SilverCrest Metals's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=24.075 / 47.323
=0.51

* 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.


SilverCrest Metals Inventory-to-Revenue Related Terms

Thank you for viewing the detailed overview of SilverCrest Metals's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


SilverCrest Metals (FRA:S0C) Business Description

Traded in Other Exchanges
Address
570 Granville Street, Suite 501, Vancouver, BC, CAN, V6C 3P1
SilverCrest Metals Inc involves in the exploration, development, and extraction of silver and other precious metals. The company's properties include Las Chispas, Cruz de Mayo, and other projects.

SilverCrest Metals (FRA:S0C) Headlines

No Headlines