GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Santacruz Silver Mining Ltd (TSXV:SCZ) » Definitions » Change In Inventory

Santacruz Silver Mining (TSXV:SCZ) Change In Inventory : C$-4.7 Mil (TTM As of Dec. 2023)


View and export this data going back to 2011. Start your Free Trial

What is Santacruz Silver Mining Change In Inventory?

Santacruz Silver Mining's change in inventory for the quarter that ended in Dec. 2023 was C$-13.0 Mil. It means Santacruz Silver Mining's inventory increased by C$13.0 Mil from Sep. 2023 to Dec. 2023 .

Santacruz Silver Mining's change in inventory for the fiscal year that ended in Dec. 2023 was C$-4.8 Mil. It means Santacruz Silver Mining's inventory increased by C$4.8 Mil from Dec. 2022 to Dec. 2023 .

Santacruz Silver Mining's Total Inventories for the quarter that ended in Dec. 2023 was C$44.3 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Santacruz Silver Mining's Days Inventory for the quarter that ended in Dec. 2023 was 48.47.

Inventory Turnover measures how fast the company turns over its inventory within a year. Santacruz Silver Mining's Inventory Turnover for the quarter that ended in Dec. 2023 was 1.88.

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. Santacruz Silver Mining's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.52.


Santacruz Silver Mining Change In Inventory Historical Data

The historical data trend for Santacruz Silver 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.

* Premium members only.

Santacruz Silver Mining Change In Inventory Chart

Santacruz Silver Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.07 -0.36 0.20 81.23 -4.76

Santacruz Silver Mining Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 72.96 -3.52 -0.63 12.45 -13.02

Santacruz Silver 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-4.7 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.


Santacruz Silver Mining  (TSXV:SCZ) Change In Inventory Explanation

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

Santacruz Silver 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
=39.9545/75.219*365 / 4
=48.47

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

Santacruz Silver Mining's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

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.

Santacruz Silver Mining's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

* 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.


Santacruz Silver Mining Change In Inventory Related Terms

Thank you for viewing the detailed overview of Santacruz Silver Mining's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


Santacruz Silver Mining (TSXV:SCZ) Business Description

Traded in Other Exchanges
Address
1140 West Pender Street, Suite 480, Vancouver, BC, CAN
Santacruz Silver Mining Ltd is engaged in the operation, acquisition, exploration, and development of mineral properties in Latin America, with a primary focus on silver and zinc, including lead and copper. The company has one producing project, the Zimapan Mine, and two exploration properties in its mineral property portfolio, the La Pechuga Property, and the Santa Gorgonia Prospect. The company earns the majority of its revenue from Zinc and Silver. The company's reportable operating segments are the Bolivar mine and processing plant, the Porco mine and processing plant, the Caballo Blanco Group, San Lucas, Zimapan, and Corporate and Other activities.
Executives
W. Barry Girling Director

Santacruz Silver Mining (TSXV:SCZ) Headlines

From GuruFocus

Top 5 1st Quarter Trades of HERSHEY TRUST CO

By GuruFocus Research GuruFocus Editor 05-14-2022

Eagle Bay Advisors LLC Buys 4, Sells 1 in 3rd Quarter

By GuruFocus Research GuruFocus Editor 11-23-2022