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Allied Gold (TSX:AAUC) Inventory-to-Revenue : 0.50 (As of Mar. 2024)


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What is Allied Gold 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. Allied Gold's Average Total Inventories for the quarter that ended in Mar. 2024 was C$117.4 Mil. Allied Gold's Revenue for the three months ended in Mar. 2024 was C$237.0 Mil. Allied Gold's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.50.

Allied Gold's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (0.45) to Dec. 2023 (0.50)

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. Allied Gold's Days Inventory for the three months ended in Mar. 2024 was 57.60.

Inventory Turnover measures how fast the company turns over its inventory within a year. Allied Gold's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.58.


Allied Gold Inventory-to-Revenue Historical Data

The historical data trend for Allied Gold'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.

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Allied Gold Inventory-to-Revenue Chart

Allied Gold Annual Data
Trend Dec22 Dec23
Inventory-to-Revenue
0.10 0.12

Allied Gold Quarterly Data
Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Inventory-to-Revenue Get a 7-Day Free Trial 0.33 0.41 0.41 0.45 0.50

Competitive Comparison of Allied Gold's Inventory-to-Revenue

For the Gold subindustry, Allied Gold'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.


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

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

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



Allied Gold 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.

Allied Gold'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 )
=( (86.053 + 118.882) / 2 ) / 879.675
=102.4675 / 879.675
=0.12

Allied Gold'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 )
=( (118.882 + 116.008) / 2 ) / 236.971
=117.445 / 236.971
=0.50

* 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.


Allied Gold  (TSX:AAUC) 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.

Allied Gold'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
=117.445/186.05*365 / 4
=57.60

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

Allied Gold'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 )
=186.05 / 117.445
=1.58

* 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.


Allied Gold Inventory-to-Revenue Related Terms

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Allied Gold (TSX:AAUC) Business Description

Traded in Other Exchanges
Address
40 Temperance Street, Suite 3200, Bay Adelaide Centre - North Tower, Pacific Centre, Toronto, ON, CAN, M5H 0B4
Website
Allied Gold Corp is a company focused on gold mining asset transformation in Africa. Allied has three mines and several development and exploration projects in Africa where it has significant operating experience. Operations are located in Cote d'Ivoire, Mali, Ethiopia and Egypt. The company aspires to become a mid-tier next-generation gold producer in Africa.
Executives
Gerardo Fernandez-tobar Senior Officer

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