Avanti Gold (XCNQ:AGC) Inventory-to-Revenue : 0.00 (As of Apr. 2024)

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What is Avanti 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. Avanti Gold's Average Total Inventories for the quarter that ended in Apr. 2024 was C$0.00 Mil. Avanti Gold's Revenue for the three months ended in Apr. 2024 was C$0.00 Mil.

Avanti Gold's Inventory-to-Revenue for the quarter that ended in Apr. 2024 stayed the same from Jan. 2024 (0.00) to Jan. 2024 (0.00)

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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

Avanti Gold Inventory-to-Revenue Historical Data

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

Avanti Gold Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Inventory-to-Revenue

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Avanti Gold Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Inventory-to-Revenue	Get a 7-Day Free Trial															-	-	-	-	-

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

For the Gold subindustry, Avanti 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.

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

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

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

Avanti Gold Inventory-to-Revenue Calculation

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

	Inventory-to-Revenue (A: Apr. 2024 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Apr. 2023 )	+	Total Inventories (A: Apr. 2024 ))	/	count )	/	Revenue (A: Apr. 2024 )
=	( (0	+	0)	/	1 )	/	0
=	0					/	0
=	N/A

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

	Inventory-to-Revenue (Q: Apr. 2024 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Jan. 2024 )	+	Total Inventories (Q: Apr. 2024 ))	/	count )	/	Revenue (Q: Apr. 2024 )
=	( (0	+	0)	/	1 )	/	0
=	0					/	0
=

Avanti Gold (XCNQ:AGC) 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.

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

Days Inventory	=	Average Total Inventories (Q: Apr. 2024 )	/	Cost of Goods Sold (Q: Apr. 2024 )	*	Days in Period
	=	0	/	0	*	365 / 4
	=

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

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

Inventory Turnover	=	Cost of Goods Sold (Q: Apr. 2024 )	/	Average Total Inventories (Q: Apr. 2024 )
	=	0	/	0
	=

Avanti Gold Inventory-to-Revenue Related Terms

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Avanti Gold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Avanti Gold Corp (XCNQ:AGC) » Definitions » Inventory-to-Revenue

Comparable Companies

Traded in Other Exchanges

AVTGF:USA X370:Germany

Address

1055 West Hastings Street, Suite 2380, Vancouver, BC, CAN, V6E 2E9

Website

https://www.avantigoldcorp.com

Avanti Gold Corp is a mineral exploration company working on a Tier-1 gold opportunity in the Democratic Republic of the Congo, located in the Fizi territory of South Kivu province. The Misisi Gold Project has a contained Inferred Mineral Resource of 3 million ounces of gold. The Project is comprised of three contiguous 30-year mining leases, covering 133 square kilometers of prospective exploration ground along the 55-kilometer-long Kibara Gold Belt.

Executives

The K2 Principal Fund L.p.

10% Security Holder