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Stakeholder Gold (TSXV:SRC) Inventory-to-Revenue : 6.57 (As of Mar. 2024)


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What is Stakeholder Gold Inventory-to-Revenue?

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. Stakeholder Gold's Average Total Inventories for the quarter that ended in Mar. 2024 was C$1.11 Mil. Stakeholder Gold's Revenue for the three months ended in Mar. 2024 was C$0.17 Mil. Stakeholder Gold's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 6.57.

Stakeholder Gold's Inventory-to-Revenue for the quarter that ended in Mar. 2024 increased from Dec. 2023 (4.47) to Dec. 2023 (6.57)

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Stakeholder Gold's Days Inventory for the three months ended in Mar. 2024 was 2,896.54.

Inventory Turnover measures how fast the company turns over its inventory within a year. Stakeholder Gold's Inventory Turnover for the quarter that ended in Mar. 2024 was 0.03.


Stakeholder Gold Inventory-to-Revenue Historical Data

The historical data trend for Stakeholder Gold's Inventory-to-Revenue 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.

Stakeholder Gold Inventory-to-Revenue Chart

Stakeholder Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Inventory-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.05 0.22 0.80

Stakeholder Gold Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Inventory-to-Revenue 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 3.92 2.03 3.87 4.47 6.57

Competitive Comparison of Stakeholder Gold's Inventory-to-Revenue

For the Gold subindustry, Stakeholder Gold's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Stakeholder Gold's Inventory-to-Revenue Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Stakeholder Gold's Inventory-to-Revenue distribution charts can be found below:

* The bar in red indicates where Stakeholder Gold's Inventory-to-Revenue falls into.



Stakeholder Gold Inventory-to-Revenue Calculation

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.

Stakeholder Gold's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Inventory-to-Revenue (A: Dec. 2023 )
=Average Total Inventories / Revenue
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Revenue (A: Dec. 2023 )
=( (0.748 + 1.085) / 2 ) / 1.146
=0.9165 / 1.146
=0.80

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

Inventory-to-Revenue (Q: Mar. 2024 )
=Average Total Inventories / Revenue
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Revenue (Q: Mar. 2024 )
=( (1.085 + 1.137) / 2 ) / 0.169
=1.111 / 0.169
=6.57

* 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.


Stakeholder Gold  (TSXV:SRC) Inventory-to-Revenue Explanation

An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:

1. investment in inventory is growing more rapidly than revenue
2. revenue are dropping
No matter which situation is causing the problem, an increase in the Inventory-to-Revenue may signal an oncoming cash flow problem.

Likewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:

1. investment in inventory is shrinking in relation to revenue
2. revenue are increasing
No matter which situation is causing the reduction in the Inventory-to-Revenue, either one suggests that business's inventory levels and its cash flow are effectively managed.

More Related Terms:

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

Stakeholder Gold's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2024 )/Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=1.111/0.035*365 / 4
=2,896.54

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

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

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2024 ) / Average Total Inventories (Q: Mar. 2024 )
=0.035 / 1.111
=0.03

* 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.


Stakeholder Gold Inventory-to-Revenue Related Terms

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Stakeholder Gold (TSXV:SRC) Business Description

Traded in Other Exchanges
Address
607 - 130 Queens Quay East, Toronto, ON, CAN, M5A 3Y5
Stakeholder Gold Corp is a mineral exploration company. Principally, it is engaged in the identification, acquisition, and exploration of properties for the mining of precious and base metals in Canada. It is engaged in the exploration and evaluation of properties for the mining of precious and base metals and the extraction of exotic quartzite. The company's project consists of the Ballarat gold project which is located in the White Gold District of the Yukon Territory and the VMC Blue Quartzite Project located in Minas Gerais, Brazil.
Executives
Christopher James Berlet Senior Officer