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Eldorado Gold (TSX:ELD) Inventory-to-Revenue : 0.63 (As of Dec. 2024)


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What is Eldorado 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. Eldorado Gold's Average Total Inventories for the quarter that ended in Dec. 2024 was C$395 Mil. Eldorado Gold's Revenue for the three months ended in Dec. 2024 was C$626 Mil. Eldorado Gold's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.63.

Eldorado Gold's Inventory-to-Revenue for the quarter that ended in Dec. 2024 declined from Sep. 2024 (0.85) to Sep. 2024 (0.63)

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. Eldorado Gold's Days Inventory for the three months ended in Dec. 2024 was 103.12.

Inventory Turnover measures how fast the company turns over its inventory within a year. Eldorado Gold's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.88.


Eldorado Gold Inventory-to-Revenue Historical Data

The historical data trend for Eldorado 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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Eldorado Gold Inventory-to-Revenue Chart

Eldorado Gold Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.16 0.18 0.21 0.22 0.19

Eldorado Gold Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.78 0.96 0.88 0.85 0.63

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

For the Gold subindustry, Eldorado 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.


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

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

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


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Eldorado 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.

Eldorado Gold's Inventory-to-Revenue for the fiscal year that ended in Dec. 2024 is calculated as

Inventory-to-Revenue (A: Dec. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Revenue (A: Dec. 2024 )
=( (316.47 + 397.484) / 2 ) / 1885.643
=356.977 / 1885.643
=0.19

Eldorado Gold's Inventory-to-Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue (Q: Dec. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Revenue (Q: Dec. 2024 )
=( (393.343 + 397.484) / 2 ) / 626.496
=395.4135 / 626.496
=0.63

* 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.


Eldorado Gold  (TSX:ELD) 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.

Eldorado Gold's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=395.4135/349.899*365 / 4
=103.12

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

Eldorado Gold's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=349.899 / 395.4135
=0.88

* 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.


Eldorado Gold Inventory-to-Revenue Related Terms

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Eldorado Gold Business Description

Traded in Other Exchanges
Address
550 Burrard Street, Suite 1188, Vancouver, BC, CAN, V6C 2B5
Eldorado Gold Corp is a gold and base metals producer with mining, development, and exploration operations in Turkey, Canada, and Greece. It has a portfolio of high-quality assets and long-term partnerships with local communities. Some of its projects include Kisladag, Efemcukuru, Skouries; Perama Hill, and Certej projects.
Executives
Nicolae Stanca Senior Officer
Graham Magnus Morrison Senior Officer
Mehmet Yilmaz Senior Officer
George Raymond Burns Director, Senior Officer
Frank Hamilton Herbert Senior Officer
Jaime Heather Awmack Senior Officer
Per Niklas Frank Senior Officer
Ryan Swedburg Senior Officer
Christine Tamiko Ohta Senior Officer
Claire Mary Chamberlain Senior Officer
Lynette Gould Senior Officer
Peter Jonathan Lind Senior Officer
Karen Christine Aram Senior Officer
Paul Anthony Ferneyhough Senior Officer
Simon Oswald Hille Senior Officer

Eldorado Gold Headlines