Endeavour Inventory Turnover vs Change To Inventory Analysis

EXK Stock  USD 4.21  0.07  1.69%   
Endeavour Silver financial indicator trend analysis is much more than just examining Endeavour Silver Corp latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Endeavour Silver Corp is a good investment. Please check the relationship between Endeavour Silver Inventory Turnover and its Change To Inventory accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Endeavour Silver Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.

Inventory Turnover vs Change To Inventory

Inventory Turnover vs Change To Inventory Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Endeavour Silver Corp Inventory Turnover account and Change To Inventory. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Endeavour Silver's Inventory Turnover and Change To Inventory is 0.86. Overlapping area represents the amount of variation of Inventory Turnover that can explain the historical movement of Change To Inventory in the same time period over historical financial statements of Endeavour Silver Corp, assuming nothing else is changed. The correlation between historical values of Endeavour Silver's Inventory Turnover and Change To Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory Turnover of Endeavour Silver Corp are associated (or correlated) with its Change To Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Change To Inventory has no effect on the direction of Inventory Turnover i.e., Endeavour Silver's Inventory Turnover and Change To Inventory go up and down completely randomly.

Correlation Coefficient

0.86
Relationship DirectionPositive 
Relationship StrengthStrong

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.

Change To Inventory

The increase or decrease in the amount of inventory a company has over a certain period.
Most indicators from Endeavour Silver's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Endeavour Silver Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Endeavour Silver Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
At this time, Endeavour Silver's Sales General And Administrative To Revenue is quite stable compared to the past year. Enterprise Value Over EBITDA is expected to rise to 7.76 this year, although the value of Issuance Of Capital Stock will most likely fall to about 41.6 M.
 2021 2022 2023 2024 (projected)
Interest Expense985K1.3M822K875.8K
Depreciation And Amortization24.5M25.4M29.4M20.9M

Endeavour Silver fundamental ratios Correlations

0.220.770.990.96-0.110.860.210.960.66-0.230.24-0.260.620.650.660.76-0.030.870.440.140.660.15-0.040.820.75
0.220.630.130.30.330.04-0.020.23-0.11-0.01-0.070.31-0.010.230.21-0.04-0.110.480.060.920.080.24-0.010.05-0.08
0.770.630.720.790.150.760.10.780.55-0.10.04-0.020.590.40.410.61-0.360.820.240.520.670.36-0.290.680.59
0.990.130.720.94-0.190.860.250.940.72-0.210.28-0.310.680.570.610.8-0.010.790.460.040.710.15-0.090.850.76
0.960.30.790.940.140.82-0.030.990.64-0.29-0.01-0.230.490.690.570.72-0.140.90.210.250.54-0.010.090.810.66
-0.110.330.15-0.190.14-0.02-0.940.14-0.03-0.17-0.940.15-0.410.14-0.22-0.15-0.370.17-0.840.43-0.36-0.520.35-0.04-0.21
0.860.040.760.860.82-0.020.060.860.82-0.150.03-0.140.80.350.380.82-0.30.680.24-0.090.840.13-0.390.850.85
0.21-0.020.10.25-0.03-0.940.06-0.050.010.180.97-0.10.45-0.050.30.180.30.010.91-0.140.420.67-0.380.080.21
0.960.230.780.940.990.140.86-0.050.69-0.27-0.02-0.260.530.650.550.75-0.160.870.190.180.57-0.010.050.840.69
0.66-0.110.550.720.64-0.030.820.010.69-0.260.01-0.510.75-0.010.080.84-0.160.350.05-0.190.71-0.07-0.320.90.72
-0.23-0.01-0.1-0.21-0.29-0.17-0.150.18-0.27-0.260.120.310.17-0.27-0.08-0.35-0.17-0.250.08-0.170.150.46-0.42-0.36-0.39
0.24-0.070.040.28-0.01-0.940.030.97-0.020.010.12-0.20.380.040.410.180.490.040.93-0.140.340.6-0.240.080.25
-0.260.31-0.02-0.31-0.230.15-0.14-0.1-0.26-0.510.31-0.2-0.150.01-0.02-0.56-0.23-0.03-0.030.2-0.030.01-0.26-0.52-0.28
0.62-0.010.590.680.49-0.410.80.450.530.750.170.38-0.15-0.080.130.75-0.260.310.45-0.270.980.42-0.760.730.65
0.650.230.40.570.690.140.35-0.050.65-0.01-0.270.040.01-0.080.810.20.170.850.290.340.0-0.080.490.250.38
0.660.210.410.610.57-0.220.380.30.550.08-0.080.41-0.020.130.810.20.430.720.640.260.190.20.250.220.46
0.76-0.040.610.80.72-0.150.820.180.750.84-0.350.18-0.560.750.20.2-0.140.50.26-0.170.720.16-0.280.980.81
-0.03-0.11-0.36-0.01-0.14-0.37-0.30.3-0.16-0.16-0.170.49-0.23-0.260.170.43-0.14-0.090.430.02-0.28-0.110.38-0.170.1
0.870.480.820.790.90.170.680.010.870.35-0.250.04-0.030.310.850.720.5-0.090.30.480.390.130.150.570.6
0.440.060.240.460.21-0.840.240.910.190.050.080.93-0.030.450.290.640.260.430.3-0.040.460.59-0.260.180.41
0.140.920.520.040.250.43-0.09-0.140.18-0.19-0.17-0.140.2-0.270.340.26-0.170.020.48-0.04-0.170.080.27-0.06-0.11
0.660.080.670.710.54-0.360.840.420.570.710.150.34-0.030.980.00.190.72-0.280.390.46-0.170.41-0.770.720.69
0.150.240.360.15-0.01-0.520.130.67-0.01-0.070.460.60.010.42-0.080.20.16-0.110.130.590.080.41-0.460.060.12
-0.04-0.01-0.29-0.090.090.35-0.39-0.380.05-0.32-0.42-0.24-0.26-0.760.490.25-0.280.380.15-0.260.27-0.77-0.46-0.22-0.27
0.820.050.680.850.81-0.040.850.080.840.9-0.360.08-0.520.730.250.220.98-0.170.570.18-0.060.720.06-0.220.79
0.75-0.080.590.760.66-0.210.850.210.690.72-0.390.25-0.280.650.380.460.810.10.60.41-0.110.690.12-0.270.79
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Endeavour Silver Account Relationship Matchups

Endeavour Silver fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets163.7M210.6M294.0M399.4M474.8M498.5M
Total Current Liabilities24.8M34.6M40.6M52.7M58.2M61.2M
Total Stockholder Equity122.8M159.1M237.4M315.9M384.4M403.6M
Net Debt(13.3M)(50.3M)(91.8M)(67.8M)(25.8M)(27.0M)
Accounts Payable19.8M18.3M22.1M29.7M43.8M46.0M
Cash23.4M61.1M103.3M83.4M35.3M36.6M
Non Current Assets Total100.4M105.6M132.3M253.1M374.0M392.7M
Non Currrent Assets Other2.7M3.6M8.4M17.0M56.8M59.7M
Other Assets9.8M16.3M9.4M565K649.8K617.3K
Cash And Short Term Investments23.4M65.9M114.5M92.0M40.4M41.4M
Net Receivables23.0M20.2M14.6M4.4M6.6M6.3M
Common Stock Shares Outstanding135.4M154.0M170.7M185.3M197.8M207.7M
Liabilities And Stockholders Equity163.7M210.6M294.0M399.4M474.8M498.5M
Non Current Liabilities Total16.1M17.0M16.1M30.8M30.2M18.9M
Inventory13.6M16.6M27.5M19.2M27.3M15.6M
Other Current Assets3.3M2.3M5.1M30.7M26.5M27.8M
Other Stockholder Equity11.5M9.7M6.3M6.1M4.5M4.3M
Total Liab40.9M51.5M56.6M83.5M88.5M92.9M
Total Current Assets63.3M105.0M161.8M146.3M100.8M73.6M
Short Term Debt3.1M3.8M4.3M6.3M4.3M6.6M
Common Stock482.2M517.7M585.4M657.9M719.0M754.9M
Other Current Liab1.9M9.4M9.9M10.1M2.4M3.8M
Retained Earnings(370.9M)(368.3M)(354.3M)(348.1M)(339.2M)(322.2M)
Other Liab9.1M10.0M8.9M21.5M24.7M26.0M
Net Tangible Assets121.8M158.6M237.4M315.9M363.3M381.4M
Common Stock Total Equity450.7M459.1M482.2M517.7M595.4M322.5M
Short Term Investments69K4.8M11.2M8.6M5.1M5.5M
Capital Surpluse11.5M9.7M6.3M6.1M5.5M6.8M
Long Term Debt Total7.0M7.0M7.2M9.3M10.7M11.2M

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When determining whether Endeavour Silver Corp is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Endeavour Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Endeavour Silver Corp Stock. Highlighted below are key reports to facilitate an investment decision about Endeavour Silver Corp Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Endeavour Silver Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
Is Metals & Mining 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 Endeavour Silver. If investors know Endeavour 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 Endeavour Silver listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.73)
Earnings Share
(0.13)
Revenue Per Share
0.977
Quarterly Revenue Growth
0.081
Return On Assets
0.0101
The market value of Endeavour Silver Corp is measured differently than its book value, which is the value of Endeavour that is recorded on the company's balance sheet. Investors also form their own opinion of Endeavour Silver's value that differs from its market value or its book value, called intrinsic value, which is Endeavour Silver's 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 Endeavour Silver's market value can be influenced by many factors that don't directly affect Endeavour Silver's 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 Endeavour Silver's value and its price as these two are different measures arrived at by different means. Investors typically determine if Endeavour Silver is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Endeavour Silver's 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.