Alphamin Resources (JSE:APH) Change In Inventory : R-233 Mil (TTM As of Mar. 2024)

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What is Alphamin Resources Change In Inventory?

Alphamin Resources's change in inventory for the quarter that ended in Mar. 2024 was R71 Mil. It means Alphamin Resources's inventory declined by R71 Mil from Dec. 2023 to Mar. 2024 .

Alphamin Resources's change in inventory for the fiscal year that ended in Dec. 2023 was R-317 Mil. It means Alphamin Resources's inventory increased by R317 Mil from Dec. 2022 to Dec. 2023 .

Alphamin Resources's Total Inventories for the quarter that ended in Mar. 2024 was R717 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Alphamin Resources's Days Inventory for the quarter that ended in Mar. 2024 was 58.52.

Inventory Turnover measures how fast the company turns over its inventory within a year. Alphamin Resources's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.56.

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. Alphamin Resources's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.36.

Alphamin Resources Change In Inventory Historical Data

The historical data trend for Alphamin Resources'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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Alphamin Resources Change In Inventory Chart

Alphamin Resources Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-353.15

87.64

18.91

-71.54

-316.66

Alphamin Resources Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Change In Inventory	Get a 7-Day Free Trial															-13.88	-29.28	-58.74	-215.69	70.85

Alphamin Resources 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was R-233 Mil.

Alphamin Resources (JSE:APH) Change In Inventory Explanation

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

Alphamin Resources's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	748.089	/	1166.509	*	365 / 4
	=	58.52

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

Alphamin Resources's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	1166.509	/	748.089
	=	1.56

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.

Alphamin Resources's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	748.089	/	2060.253
	=	0.36

Alphamin Resources Change In Inventory Related Terms

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Alphamin Resources (JSE:APH) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alphamin Resources Corp (JSE:APH) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

AFMJF:USA 21L:Germany AFM:Canada

Address

C/o Adansonia Management Services Limited, Suite 1, Perrieri Office Suites, C2-302, Level 3, La Croisette, Office Block C, Grand Baie, MUS, 30517

Website

https://www.alphaminresources.com

Alphamin Resources Corp is engaged in the business of production and sale of tin concentrate from the Bisie Tin mine in the Democratic Republic of the Congo (DRC). The company considers its business to consist of one reportable operating segment, the production and sale of tin from its Bisie tin mine.