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. Premium Resources's Average Total Inventories for the quarter that ended in Dec. 2024 was C$1.20 Mil. Premium Resources's Revenue for the
three
months ended in Dec. 2024 was C$0.00 Mil.
Premium Resources's Inventory-to-Revenue for the quarter that ended in Dec. 2024
stayed the same
from Sep. 2024 (0.00) to Sep. 2024 (0.00)
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Premium Resources's Days Inventory for the
three
months ended in Dec. 2024 was 222.48.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Premium Resources's Inventory Turnover for the quarter that ended in Dec. 2024 was 0.41.
Premium Resources Inventory-to-Revenue Historical Data
The historical data trend for Premium Resources'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.
Competitive Comparison of Premium Resources's Inventory-to-Revenue
For the Other Industrial Metals & Mining subindustry, Premium Resources'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.
Premium Resources's Inventory-to-Revenue Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Premium Resources's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where Premium Resources's Inventory-to-Revenue falls into.
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.
Premium Resources's Inventory-to-Revenue for the fiscal year that ended in Dec. 2024 is calculated as
* 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.
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.
Premium Resources's Days Inventory for the
three
months ended in Dec. 2024 is calculated as:
* 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 Resources Inventory-to-Revenue Related Terms
Thank you for viewing the detailed overview of Premium Resources's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
Premium Resources Ltd is a mineral exploration and development company focused on discovering and advancing high-quality copper- nickel-cobalt-platinum element metals (Cu- Ni-Co-PGE) resources. The principal assets of the company are the Selebi and Selebi North nickel-copper-cobalt ("Ni-Cu-Co") mines (the "Selebi Mines") in Botswana and related infrastructure (together, the "Selebi Assets"), as well as the nickel, copper, cobalt, platinum-group elements ("Ni-Cu-Co-PGE") Selkirk mine (the "Selkirk Mine") in Botswana. It manages a global portfolio, including the 100% owned Maniitsoq project in Greenland and the Post-Creek and Halcyon projects in Northern Ontario, Canada.
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