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Starcore International Mines (TSX:SAM) Inventory-to-Revenue : 0.33 (As of Jan. 2023)


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What is Starcore International Mines 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. Starcore International Mines's Average Total Inventories for the quarter that ended in Jan. 2023 was C$2.01 Mil. Starcore International Mines's Revenue for the three months ended in Jan. 2023 was C$6.16 Mil. Starcore International Mines's Inventory-to-Revenue for the quarter that ended in Jan. 2023 was 0.33.

Starcore International Mines's Inventory-to-Revenue for the quarter that ended in Jan. 2023 declined from Oct. 2022 (0.41) to Oct. 2022 (0.33)

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. Starcore International Mines's Days Inventory for the three months ended in Jan. 2023 was 27.25.

Inventory Turnover measures how fast the company turns over its inventory within a year. Starcore International Mines's Inventory Turnover for the quarter that ended in Jan. 2023 was 3.35.


Starcore International Mines Inventory-to-Revenue Historical Data

The historical data trend for Starcore International Mines'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.

Starcore International Mines Inventory-to-Revenue Chart

Starcore International Mines Annual Data
Trend Jul12 Jul13 Jul14 Jul15 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.08 0.06 0.06 0.07

Starcore International Mines Quarterly Data
Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23
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 0.33 0.23 0.22 0.41 0.33

Competitive Comparison of Starcore International Mines's Inventory-to-Revenue

For the Other Industrial Metals & Mining subindustry, Starcore International Mines'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.


Starcore International Mines's Inventory-to-Revenue Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Starcore International Mines's Inventory-to-Revenue falls into.



Starcore International Mines 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.

Starcore International Mines's Inventory-to-Revenue for the fiscal year that ended in Apr. 2022 is calculated as

Inventory-to-Revenue (A: Apr. 2022 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Apr. 2021 ) + Total Inventories (A: Apr. 2022 )) / count ) / Revenue (A: Apr. 2022 )
=( (1.781 + 1.535) / 2 ) / 25.679
=1.658 / 25.679
=0.06

Starcore International Mines's Inventory-to-Revenue for the quarter that ended in Jan. 2023 is calculated as

Inventory-to-Revenue (Q: Jan. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Oct. 2022 ) + Total Inventories (Q: Jan. 2023 )) / count ) / Revenue (Q: Jan. 2023 )
=( (2.445 + 1.565) / 2 ) / 6.162
=2.005 / 6.162
=0.33

* 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.


Starcore International Mines  (TSX:SAM) 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.

Starcore International Mines's Days Inventory for the three months ended in Jan. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Jan. 2023 )/Cost of Goods Sold (Q: Jan. 2023 )*Days in Period
=2.005/6.715*365 / 4
=27.25

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

Starcore International Mines's Inventory Turnover for the quarter that ended in Jan. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jan. 2023 ) / Average Total Inventories (Q: Jan. 2023 )
=6.715 / 2.005
=3.35

* 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.


Starcore International Mines Inventory-to-Revenue Related Terms

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Starcore International Mines (TSX:SAM) Business Description

Traded in Other Exchanges
Address
580 Hornby Street, Suite 750 Box 113, Vancouver, BC, CAN, V6C 3B6
Starcore International Mines Ltd is in the business of exploration, development, and production of minerals. It has got products in various stages The San Martin being the primary source of operating cash flows. In Mexico, the business holds an interest in the silver and gold processing plant. Some of its projects include San Martin, El Creston, and Toiyabe among others. The majority of the organization's revenue comes from Bernal, Mexico.