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Avino Silver & Gold Mines (Avino Silver & Gold Mines) Inventory-to-Revenue : 0.71 (As of Dec. 2023)


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What is Avino Silver & Gold 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. Avino Silver & Gold Mines's Average Total Inventories for the quarter that ended in Dec. 2023 was $8.85 Mil. Avino Silver & Gold Mines's Revenue for the three months ended in Dec. 2023 was $12.53 Mil. Avino Silver & Gold Mines's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.71.

Avino Silver & Gold Mines's Inventory-to-Revenue for the quarter that ended in Dec. 2023 declined from Sep. 2023 (0.72) to Sep. 2023 (0.71)

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. Avino Silver & Gold Mines's Days Inventory for the three months ended in Dec. 2023 was 81.00.

Inventory Turnover measures how fast the company turns over its inventory within a year. Avino Silver & Gold Mines's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.13.


Avino Silver & Gold Mines Inventory-to-Revenue Historical Data

The historical data trend for Avino Silver & Gold 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.

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Avino Silver & Gold Mines Inventory-to-Revenue Chart

Avino Silver & Gold Mines Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.23 0.31 0.13 0.17

Avino Silver & Gold Mines Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.46 0.71 0.89 0.72 0.71

Competitive Comparison of Avino Silver & Gold Mines's Inventory-to-Revenue

For the Other Precious Metals & Mining subindustry, Avino Silver & Gold 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.


Avino Silver & Gold Mines's Inventory-to-Revenue Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Avino Silver & Gold Mines's Inventory-to-Revenue falls into.



Avino Silver & Gold 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.

Avino Silver & Gold Mines's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (6.26 + 8.826) / 2 ) / 43.889
=7.543 / 43.889
=0.17

Avino Silver & Gold Mines's Inventory-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (Q: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Sep. 2023 ) + Total Inventories (Q: Dec. 2023 )) / count ) / Revenue (Q: Dec. 2023 )
=( (8.873 + 8.826) / 2 ) / 12.53
=8.8495 / 12.53
=0.71

* 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.


Avino Silver & Gold Mines  (AMEX:ASM) 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.

Avino Silver & Gold Mines's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=8.8495/9.969*365 / 4
=81.00

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

Avino Silver & Gold Mines's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=9.969 / 8.8495
=1.13

* 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.


Avino Silver & Gold Mines Inventory-to-Revenue Related Terms

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Avino Silver & Gold Mines (Avino Silver & Gold Mines) Business Description

Traded in Other Exchanges
Address
570 Granville Street, Suite 900, Vancouver, BC, CAN, V6C 3P1
Avino Silver & Gold Mines Ltd is a mineral resource company. It is engaged in the exploration, extraction, and processing of silver, gold, and copper and the acquisition, exploration, and advancement of mineral properties. The company generates majority of its revenues through the sale of Copper produced from its mines. Its project portfolio includes Avino; San Gonzalo; Oxide Tailings; Bralorne Gold and others.