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Great Western Minerals Group (Great Western Minerals Group) Inventory-to-Revenue : 0.64 (As of Sep. 2014)


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What is Great Western Minerals Group 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. Great Western Minerals Group's Average Total Inventories for the quarter that ended in Sep. 2014 was $3.58 Mil. Great Western Minerals Group's Revenue for the three months ended in Sep. 2014 was $5.56 Mil. Great Western Minerals Group's Inventory-to-Revenue for the quarter that ended in Sep. 2014 was 0.64.

Great Western Minerals Group's Inventory-to-Revenue for the quarter that ended in Sep. 2014 declined from Jun. 2014 (0.81) to Jun. 2014 (0.64)

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.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Great Western Minerals Group's Days Inventory for the three months ended in Sep. 2014 was 73.20.

Inventory Turnover measures how fast the company turns over its inventory within a year. Great Western Minerals Group's Inventory Turnover for the quarter that ended in Sep. 2014 was 1.25.


Great Western Minerals Group Inventory-to-Revenue Historical Data

The historical data trend for Great Western Minerals Group'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.

Great Western Minerals Group Inventory-to-Revenue Chart

Great Western Minerals Group Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.19 0.14 0.21 0.28 0.25

Great Western Minerals Group Quarterly Data
Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14
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 1.16 0.79 0.64 0.81 0.64

Competitive Comparison of Great Western Minerals Group's Inventory-to-Revenue

For the Other Industrial Metals & Mining subindustry, Great Western Minerals Group'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.


Great Western Minerals Group's Inventory-to-Revenue Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Great Western Minerals Group's Inventory-to-Revenue falls into.



Great Western Minerals Group 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.

Great Western Minerals Group's Inventory-to-Revenue for the fiscal year that ended in Dec. 2013 is calculated as

Inventory-to-Revenue (A: Dec. 2013 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2012 ) + Total Inventories (A: Dec. 2013 )) / count ) / Revenue (A: Dec. 2013 )
=( (4.243 + 3.873) / 2 ) / 16.341
=4.058 / 16.341
=0.25

Great Western Minerals Group's Inventory-to-Revenue for the quarter that ended in Sep. 2014 is calculated as

Inventory-to-Revenue (Q: Sep. 2014 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Jun. 2014 ) + Total Inventories (Q: Sep. 2014 )) / count ) / Revenue (Q: Sep. 2014 )
=( (3.938 + 3.213) / 2 ) / 5.555
=3.5755 / 5.555
=0.64

* 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.


Great Western Minerals Group  (OTCPK:GWMGF) 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.

Great Western Minerals Group's Days Inventory for the three months ended in Sep. 2014 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2014 )/Cost of Goods Sold (Q: Sep. 2014 )*Days in Period
=3.5755/4.457*365 / 4
=73.20

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

Great Western Minerals Group's Inventory Turnover for the quarter that ended in Sep. 2014 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2014 ) / Average Total Inventories (Q: Sep. 2014 )
=4.457 / 3.5755
=1.25

* 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.


Great Western Minerals Group Inventory-to-Revenue Related Terms

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Great Western Minerals Group (Great Western Minerals Group) Business Description

Traded in Other Exchanges
N/A
Address
Unit 201B, 2121 Airport Drive, Saskatoon, SK, CAN, S7L 6W5
Great Western Minerals Group Ltd is a Canadian-based exploration and development company, which is engaged in the exploration and development of its rare earth elements (REE) property, and the manufacturing and marketing of products containing REE. The company operates as an integrated rare earth processor which manufactures specialty alloys used in the magnet, battery, defense and aerospace industries. It holds an interest in the Steenkampskraal monazite mine, located approximately 350 kilometers northwest of Cape Town, South Africa. Further, the group also holds an interest in Hoidas Lake rare earth mineral property in Canada.

Great Western Minerals Group (Great Western Minerals Group) Headlines

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