Golden Inventory Turnover from 2010 to 2024

AUMN Stock  USD 0.27  0.01  3.57%   
Golden Minerals Inventory Turnover yearly trend continues to be very stable with very little volatility. Inventory Turnover is likely to drop to 10.81. Inventory Turnover is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. View All Fundamentals
 
Inventory Turnover  
First Reported
2010-12-31
Previous Quarter
15.54457831
Current Value
10.81
Quarterly Volatility
14.5684573
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Golden Minerals financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Golden Minerals' main balance sheet or income statement drivers, such as Depreciation And Amortization of 785.6 K, Interest Expense of 30.4 K or Selling General Administrative of 9.1 M, as well as many indicators such as Price To Sales Ratio of 0.35, Dividend Yield of 0.0 or PTB Ratio of 0.82. Golden financial statements analysis is a perfect complement when working with Golden Minerals Valuation or Volatility modules.
  
Check out the analysis of Golden Minerals Correlation against competitors.
To learn how to invest in Golden Stock, please use our How to Invest in Golden Minerals guide.

Latest Golden Minerals' Inventory Turnover Growth Pattern

Below is the plot of the Inventory Turnover of Golden Minerals over the last few years. It is a ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management. Golden Minerals' Inventory Turnover historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Golden Minerals' overall financial position and show how it may be relating to other accounts over time.
Inventory Turnover10 Years Trend
Very volatile
   Inventory Turnover   
       Timeline  

Golden Inventory Turnover Regression Statistics

Arithmetic Mean15.65
Geometric Mean10.66
Coefficient Of Variation93.07
Mean Deviation8.97
Median12.98
Standard Deviation14.57
Sample Variance212.24
Range53.3331
R-Value(0.08)
Mean Square Error227.07
R-Squared0.01
Significance0.77
Slope(0.26)
Total Sum of Squares2,971

Golden Inventory Turnover History

2024 10.81
2023 15.54
2022 13.06
2021 8.85
2020 10.39
2019 15.04
2018 15.11

About Golden Minerals Financial Statements

Golden Minerals investors utilize fundamental indicators, such as Inventory Turnover, to predict how Golden Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Inventory Turnover 15.54  10.81 
When determining whether Golden Minerals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Golden Minerals' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Golden Minerals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Golden Minerals Stock:
Check out the analysis of Golden Minerals Correlation against competitors.
To learn how to invest in Golden Stock, please use our How to Invest in Golden Minerals guide.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Is Precious Metals & Minerals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Golden Minerals. If investors know Golden will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Golden Minerals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.53)
Revenue Per Share
0.23
Quarterly Revenue Growth
(0.94)
Return On Assets
(0.44)
Return On Equity
(4.95)
The market value of Golden Minerals is measured differently than its book value, which is the value of Golden that is recorded on the company's balance sheet. Investors also form their own opinion of Golden Minerals' value that differs from its market value or its book value, called intrinsic value, which is Golden Minerals' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Golden Minerals' market value can be influenced by many factors that don't directly affect Golden Minerals' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Golden Minerals' value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Minerals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Minerals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.