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Allied Gold (TSX:AAUC) Change In Inventory : C$-28.8 Mil (TTM As of Mar. 2024)


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What is Allied Gold Change In Inventory?

Allied Gold's change in inventory for the quarter that ended in Mar. 2024 was C$-4.3 Mil. It means Allied Gold's inventory increased by C$4.3 Mil from Dec. 2023 to Mar. 2024 .

Allied Gold's change in inventory for the fiscal year that ended in Dec. 2023 was C$-35.0 Mil. It means Allied Gold's inventory increased by C$35.0 Mil from Dec. 2022 to Dec. 2023 .

Allied Gold's Total Inventories for the quarter that ended in Mar. 2024 was C$116.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Allied Gold's Days Inventory for the quarter that ended in Mar. 2024 was 57.60.

Inventory Turnover measures how fast the company turns over its inventory within a year. Allied Gold's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.58.

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. Allied Gold's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.50.

Allied Gold Change In Inventory Historical Data

The historical data trend for Allied Gold'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.

* Premium members only.

Allied Gold Change In Inventory Chart

Allied Gold Annual Data
Trend Dec22 Dec23
Change In Inventory
5.40 -35.05

Allied Gold Quarterly Data
Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Change In Inventory Get a 7-Day Free Trial 37.48 11.41 -0.40 -24.16 -4.29

Allied Gold 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 C$-28.8 Mil.

* 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.

Allied Gold  (TSX:AAUC) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=117.445/186.05*365 / 4
=57.60

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

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

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=186.05 / 117.445
=1.58

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.

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

Inventory-to-Revenue=Average Total Inventories / Revenue
=117.445 / 236.971
=0.50

* 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.

Allied Gold Change In Inventory Related Terms

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Allied Gold (TSX:AAUC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Allied Gold Corp (TSX:AAUC) » Definitions » Change In Inventory
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Traded in Other Exchanges
AAUCF:USA
Address
40 Temperance Street, Suite 3200, Bay Adelaide Centre - North Tower, Pacific Centre, Toronto, ON, CAN, M5H 0B4
Website
Allied Gold Corp is a company focused on gold mining asset transformation in Africa. Allied has three mines and several development and exploration projects in Africa where it has significant operating experience. Operations are located in Cote d'Ivoire, Mali, Ethiopia and Egypt. The company aspires to become a mid-tier next-generation gold producer in Africa.
Executives
Gerardo Fernandez-tobar Senior Officer

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