Copper Mountain Mining (Copper Mountain Mining) Inventory-to-Revenue : 0.41 (As of Mar. 2023)

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What is Copper Mountain Mining 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. Copper Mountain Mining's Average Total Inventories for the quarter that ended in Mar. 2023 was $29.7 Mil. Copper Mountain Mining's Revenue for the three months ended in Mar. 2023 was $73.4 Mil. Copper Mountain Mining's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.41.

Copper Mountain Mining's Inventory-to-Revenue for the quarter that ended in Mar. 2023 declined from Dec. 2022 (0.47) to Dec. 2022 (0.41)

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. Copper Mountain Mining's Days Inventory for the three months ended in Mar. 2023 was 46.21.

Inventory Turnover measures how fast the company turns over its inventory within a year. Copper Mountain Mining's Inventory Turnover for the quarter that ended in Mar. 2023 was 1.97.

Copper Mountain Mining Inventory-to-Revenue Historical Data

The historical data trend for Copper Mountain Mining'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.

* Premium members only.

Copper Mountain Mining Inventory-to-Revenue Chart

Copper Mountain Mining Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory-to-Revenue

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0.22

0.16

0.11

0.06

0.12

Copper Mountain Mining Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Inventory-to-Revenue	Get a 7-Day Free Trial															0.35	0.56	0.68	0.47	0.41

Competitive Comparison of Copper Mountain Mining's Inventory-to-Revenue

For the Copper subindustry, Copper Mountain Mining'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.

Copper Mountain Mining's Inventory-to-Revenue Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Copper Mountain Mining's Inventory-to-Revenue falls into.

Copper Mountain Mining Inventory-to-Revenue Calculation

Copper Mountain Mining's Inventory-to-Revenue for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory-to-Revenue (A: Dec. 2022 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )	/	Revenue (A: Dec. 2022 )
=	( (25.496	+	28.302)	/	2 )	/	221.912
=	26.899					/	221.912
=	0.12

Copper Mountain Mining's Inventory-to-Revenue for the quarter that ended in Mar. 2023 is calculated as

	Inventory-to-Revenue (Q: Mar. 2023 )
=	Average Total Inventories					/	Revenue
=	( (Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Mar. 2023 ))	/	count )	/	Revenue (Q: Mar. 2023 )
=	( (28.302	+	31.139)	/	2 )	/	73.447
=	29.7205					/	73.447
=	0.40

Copper Mountain Mining (OTCPK:CPPMF) 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:

More Related Terms:

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

Copper Mountain Mining's Days Inventory for the three months ended in Mar. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2023 )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
	=	29.7205	/	58.693	*	365 / 4
	=	46.21

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

Copper Mountain Mining's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2023 )	/	Average Total Inventories (Q: Mar. 2023 )
	=	58.693	/	29.7205
	=	1.97

Copper Mountain Mining Inventory-to-Revenue Related Terms

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Copper Mountain Mining (Copper Mountain Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Copper Mountain Mining Corp (OTCPK:CPPMF) » Definitions » Inventory-to-Revenue

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Traded in Other Exchanges

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Address

700 West Pender Street, Suite 1700, Vancouver, BC, CAN, V6C 1G8

Website

https://www.CuMtn.com.

Copper Mountain Mining Corp is a copper producer, developer and explorer. Copper Mountain's flagship asset is the Copper Mountain mine located in southern British Columbia near the town of Princeton. The Copper Mountain mine produces over 90 million pounds of copper equivalent per year with a large resource that remains open laterally and at depth. The company also has the development stage Eva Copper Project in Queensland, Australia. The Company is engaged in mining, exploration and development of mineral properties, and has an operating mine in Canada.