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Atalaya Mining Copper (LSE:ATYM) Inventory Turnover : 1.36 (As of Dec. 2024)


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What is Atalaya Mining Copper Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Atalaya Mining Copper's Cost of Goods Sold for the three months ended in Dec. 2024 was £51.9 Mil. Atalaya Mining Copper's Average Total Inventories for the quarter that ended in Dec. 2024 was £38.1 Mil. Atalaya Mining Copper's Inventory Turnover for the quarter that ended in Dec. 2024 was 1.36.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Atalaya Mining Copper's Days Inventory for the three months ended in Dec. 2024 was 67.02.

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. Atalaya Mining Copper's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.59.


Atalaya Mining Copper Inventory Turnover Historical Data

The historical data trend for Atalaya Mining Copper's Inventory Turnover 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.

Atalaya Mining Copper Inventory Turnover Chart

Atalaya Mining Copper Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.51 8.99 10.23 7.84 6.62

Atalaya Mining Copper Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Inventory Turnover 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 2.11 1.92 1.92 1.92 1.36

Atalaya Mining Copper Inventory Turnover Calculation

Atalaya Mining Copper's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Inventory Turnover (A: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2024 ) / ((Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count )
=229.764 / ((28.7 + 40.72) / 2 )
=229.764 / 34.71
=6.62

Atalaya Mining Copper's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover (Q: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2024 ) / ((Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count )
=51.862 / ((35.463 + 40.72) / 2 )
=51.862 / 38.0915
=1.36

* 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.


Atalaya Mining Copper  (LSE:ATYM) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Atalaya Mining Copper'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
=38.0915/51.862*365 / 4
=67.02

2. 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.

Atalaya Mining Copper's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=38.0915 / 64.483
=0.59

* 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.


Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.


Atalaya Mining Copper Inventory Turnover Related Terms

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Atalaya Mining Copper Business Description

Traded in Other Exchanges
Address
1 Lambousa Street, Nicosia, CYP, 1095
Atalaya Mining Copper SA, formerly Atalaya Mining PLC is a European mining and development company. The plan is to evaluate and prioritize metal production opportunities in several jurisdictions throughout the belts of base and precious metal mineralization in Spain, elsewhere in European and Latin America. The Group currently owns four mining projects, namely, Proyecto Riotinto, Proyecto Touro, Proyecto Masa Valverde and Proyecto Ossa Morena. In addition, the company has an earn-in agreement to acquire three investigation permits at Proyecto Riotinto Este. The Group operates in Switzerland, Cyprus and Spain.

Atalaya Mining Copper Headlines

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