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Gold Mountain Mining (TSX:GMTN) Inventory-to-Revenue : 1.35 (As of Jul. 2024)


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What is Gold Mountain Mining 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. Gold Mountain Mining's Average Total Inventories for the quarter that ended in Jul. 2024 was C$0.14 Mil. Gold Mountain Mining's Revenue for the three months ended in Jul. 2024 was C$0.11 Mil. Gold Mountain Mining's Inventory-to-Revenue for the quarter that ended in Jul. 2024 was 1.35.

Gold Mountain Mining's Inventory-to-Revenue for the quarter that ended in Jul. 2024 increased from Apr. 2024 (0.18) to Apr. 2024 (1.35)

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. Gold Mountain Mining's Days Inventory for the three months ended in Jul. 2024 was 10.18.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gold Mountain Mining's Inventory Turnover for the quarter that ended in Jul. 2024 was 8.96.


Gold Mountain Mining Inventory-to-Revenue Historical Data

The historical data trend for Gold Mountain Mining'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.

Gold Mountain Mining Inventory-to-Revenue Chart

Gold Mountain Mining Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Inventory-to-Revenue
Get a 7-Day Free Trial - - - - 0.01

Gold Mountain Mining Quarterly Data
Jan19 Jan20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 0.13 0.18 0.55 0.18 1.35

Competitive Comparison of Gold Mountain Mining's Inventory-to-Revenue

For the Gold subindustry, Gold Mountain Mining'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.


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

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

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



Gold Mountain Mining 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.

Gold Mountain Mining's Inventory-to-Revenue for the fiscal year that ended in Jan. 2024 is calculated as

Inventory-to-Revenue (A: Jan. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Jan. 2023 ) + Total Inventories (A: Jan. 2024 )) / count ) / Revenue (A: Jan. 2024 )
=( (0.035 + 0.147) / 2 ) / 8.576
=0.091 / 8.576
=0.01

Gold Mountain Mining's Inventory-to-Revenue for the quarter that ended in Jul. 2024 is calculated as

Inventory-to-Revenue (Q: Jul. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Apr. 2024 ) + Total Inventories (Q: Jul. 2024 )) / count ) / Revenue (Q: Jul. 2024 )
=( (0.164 + 0.12) / 2 ) / 0.105
=0.142 / 0.105
=1.35

* 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.


Gold Mountain Mining  (TSX:GMTN) 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.

Gold Mountain Mining's Days Inventory for the three months ended in Jul. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jul. 2024 )/Cost of Goods Sold (Q: Jul. 2024 )*Days in Period
=0.142/1.273*365 / 4
=10.18

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

Gold Mountain Mining's Inventory Turnover for the quarter that ended in Jul. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jul. 2024 ) / Average Total Inventories (Q: Jul. 2024 )
=1.273 / 0.142
=8.96

* 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.


Gold Mountain Mining Inventory-to-Revenue Related Terms

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Gold Mountain Mining Business Description

Traded in Other Exchanges
Address
1285 West Pender Street, Suite 1000, Vancouver, BC, CAN, V6E 4B1
Gold Mountain Mining Corp is a gold and silver exploration and development company. It focuses on the expansion of the resource at the Elk Gold Project, a past-producing mine located 57 km from Merritt in South Central British Columbia. It operates in a single segment, being the production of crushed ore and mineral exploration and development of resources.
Executives
Nhwelmen Construction Gp Ltd. 10% Security Holder
Kevin Smith Senior Officer
Alex Bayer Senior Officer
Grant Carlson Senior Officer
Howard Jones Director
Gerald George Carlson Director
Ronald Woo Director, Senior Officer
Braydon David Hobbs Senior Officer
Keith Charles Minty Director
Blake Albert Steele Director

Gold Mountain Mining Headlines

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