Gold Mountain Mining (Gold Mountain Mining) Change In Inventory : $-0.08 Mil (TTM As of Jan. 2024)

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What is Gold Mountain Mining Change In Inventory?

Gold Mountain Mining's change in inventory for the quarter that ended in Jan. 2024 was $0.13 Mil. It means Gold Mountain Mining's inventory declined by $0.13 Mil from Oct. 2023 to Jan. 2024 .

Gold Mountain Mining's change in inventory for the fiscal year that ended in Jan. 2024 was $-0.08 Mil. It means Gold Mountain Mining's inventory increased by $0.08 Mil from Jan. 2023 to Jan. 2024 .

Gold Mountain Mining's Total Inventories for the quarter that ended in Jan. 2024 was $0.11 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gold Mountain Mining's Days Inventory for the quarter that ended in Jan. 2024 was 9.24.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gold Mountain Mining's Inventory Turnover for the quarter that ended in Jan. 2024 was 9.87.

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. Gold Mountain Mining's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.54.

Gold Mountain Mining Change In Inventory Historical Data

The historical data trend for Gold Mountain Mining's Change In Inventory 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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Gold Mountain Mining Change In Inventory Chart

Gold Mountain Mining Annual Data

Trend

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Change In Inventory

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-0.03

-0.08

Gold Mountain Mining Quarterly Data
	Jan19	Jan20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Change In Inventory	Get a 7-Day Free Trial										0.16	-0.17	0.20	-0.23	0.13

Gold Mountain Mining Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.08 Mil.

Gold Mountain Mining (OTCPK:GMTNF) Change In Inventory Explanation

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

Gold Mountain Mining's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.171	/	1.688	*	365 / 4
	=	9.24

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

Gold Mountain Mining's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1.688	/	0.171
	=	9.87

3. 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.

Gold Mountain Mining's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.171	/	0.316
	=	0.54

Gold Mountain Mining Change In Inventory Related Terms

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Gold Mountain Mining (Gold Mountain Mining) Business Description

Industry

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5XFA:Germany GMTN:Canada

Address

1285 West Pender Street, Suite 1000, Vancouver, BC, CAN, V6E 4B1

Website

https://www.gold-mountain.ca

Gold Mountain Mining Corp is a gold and silver exploration and development company. It focuses on the expansion of the resource at the Elk Gold Project, a past-producing mine located 57 km from Merritt in South Central British Columbia. It operates in a single segment, being the production of crushed ore and mineral exploration and development of resources.