Mako Mining (TSXV:MKO) Change In Inventory : C$-9.54 Mil (TTM As of Mar. 2024)

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What is Mako Mining Change In Inventory?

Mako Mining's change in inventory for the quarter that ended in Mar. 2024 was C$-1.76 Mil. It means Mako Mining's inventory increased by C$1.76 Mil from Dec. 2023 to Mar. 2024 .

Mako Mining's change in inventory for the fiscal year that ended in Dec. 2023 was C$-13.55 Mil. It means Mako Mining's inventory increased by C$13.55 Mil from Dec. 2022 to Dec. 2023 .

Mako Mining's Total Inventories for the quarter that ended in Mar. 2024 was C$21.89 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mako Mining's Days Inventory for the quarter that ended in Mar. 2024 was 134.04.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mako Mining's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.68.

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. Mako Mining's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.78.

Mako Mining Change In Inventory Historical Data

The historical data trend for Mako 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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Mako Mining Change In Inventory Chart

Mako Mining Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Dec20

Dec21

Dec22

Dec23

Change In Inventory

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-2.27

0.25

-5.19

4.79

-13.55

Mako Mining Quarterly Data
	Apr19	Jul19	Oct19	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															-5.93	1.88	-3.88	-5.78	-1.76

Mako 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-9.54 Mil.

Mako Mining (TSXV:MKO) Change In Inventory Explanation

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

Mako 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
	=	20.2325	/	13.774	*	365 / 4
	=	134.04

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

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

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	13.774	/	20.2325
	=	0.68

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.

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

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	20.2325	/	26.004
	=	0.78

Mako Mining Change In Inventory Related Terms

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Mako Mining (TSXV:MKO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Mako Mining Corp (TSXV:MKO) » Definitions » Change In Inventory

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MAKOF:USA GQR0:Germany

Address

838 West Hastings Street, Suite 700, Vancouver, BC, CAN, V6C 0A6

Website

https://www.makominingcorp.com

Mako Mining Corp is a gold mining, development, and exploration firm. It's developing its high-grade San Albino gold project in Nueva Segovia, Nicaragua. Its primary objective is to bring San Albino into production quickly and efficiently while continuing the exploration of prospective targets in Nicaragua.

Executives

Jesse Munoz

Director or Senior Officer of 10% Security Holder

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