ARMN (Aris Mining) Total Inventories : $45.7 Mil (As of Dec. 2024)

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What is Aris Mining Total Inventories?

Aris Mining's total inventories for the quarter that ended in Dec. 2024 was $45.7 Mil. Aris Mining's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was $45.9 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Aris Mining's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-5.18.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aris Mining's Days Inventory for the three months ended in Dec. 2024 was 45.20.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aris Mining's Inventory Turnover for the quarter that ended in Dec. 2024 was 2.02.

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. Aris Mining's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.30.

Aris Mining Total Inventories Historical Data

The historical data trend for Aris Mining's Total Inventories 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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Aris Mining Total Inventories Chart

Aris Mining Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Inventories

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30.37

22.41

26.63

38.86

45.68

Aris Mining Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Inventories	Get a 7-Day Free Trial															38.86	41.19	44.76	46.17	45.68

Aris Mining Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Aris Mining (AMEX:ARMN) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

Aris Mining's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is

	Net-Net Working Capital Per Share (Q: Dec. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(252.535	+	0.75 * 47.232	+	0.5 * 45.679	-	911.397
-	0	-	284.536)	/	171.034
=	-5.18

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

Aris Mining'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
	=	45.9255	/	92.719	*	365 / 4
	=	45.20

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

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

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2024 )	/	Average Total Inventories (Q: Dec. 2024 )
	=	92.719	/	45.9255
	=	2.02

4. 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.

Aris Mining'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 )
	=	45.9255	/	151.076
	=	0.30

Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.

Aris Mining Total Inventories Related Terms

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Aris Mining Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

ZP1:Germany ZP1:Germany ARIS:Canada

Address

1021 W Hastings Street, Suite 2400, Vancouver, BC, CAN, V6E 0C3

Website

https://www.aris-mining.com

Aris Mining Corp is engaged in the acquisition, exploration, development, and operation of gold properties in Colombia, Guyana, and Canada. It owns and operates its Segovia Operations, Soto Norte Project and Marmato Mine in Colombia, the Toroparu Project in Guyana, and the Juby Project in Ontario, Canada. The company generates revenue from the sale of gold and silver.

Executives

Mmcap International Inc. Spc	10 percent owner	C/O MOURANT GOVERNANCE SVCS (CAYMAN) LTD, 94 SOLARIS AVE., CAMANA BAY, PO BOX 1348, GRAND CAYMAN E9 KY1-1108
Mm Asset Management Inc.	10 percent owner	161 BAY STREET, TD TRUST TOWER SUITE 2240, TORONTO A6 M5J 2S1