Amark Preci

NASDAQ AMRK

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Amark Preci Days in Inventory 2 year CAGR for the quarter ending March 31, 2024: 0.66%

Amark Preci Days in Inventory 2 year CAGR is 0.66% for the quarter ending March 31, 2024, a -98.76% change year over year. The days in inventory ratio measures the average number of days it takes for a company to sell its inventory. It is calculated by dividing 365 by the ratio of cost of revenue to the average of inventory and other current assets. This ratio indicates the efficiency of inventory management and the company's ability to convert inventory into sales within a specific period. A lower number of days in inventory is generally preferable. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.
  • Amark Preci Days in Inventory for the quarter ending March 31, 2023 was 117.91, a 48.56% change year over year.
  • Amark Preci Days in Inventory for the quarter ending March 31, 2022 was 79.37, a 57.63% change year over year.
  • Amark Preci Days in Inventory for the quarter ending March 31, 2021 was 50.35, a -36.16% change year over year.
  • Amark Preci Days in Inventory for the quarter ending March 31, 2020 was 78.87, a 28.76% change year over year.
NASDAQ: AMRK

Amark Preci

CEO Mr. Gregory N. Roberts
IPO Date March 17, 2014
Location United States
Headquarters 2121 Rosecrans Avenue, El Segundo, CA, United States, 90245
Employees 413
Sector Financial Services
Industry Capital markets
Description

A-Mark Precious Metals, Inc., together with its subsidiaries, operates as a precious metals trading company. It operates through three segments: Wholesale Sales & Ancillary Services, Direct-to-Consumer, and Secured Lending. The Wholesale Sales & Ancillary Services segment sells gold, silver, platinum, and palladium in the form of bars, plates, powders, wafers, grains, ingots, and coins. This segment also offers various ancillary services, including financing, storage, consignment, logistics, and various customized financial programs; and designs and produces minted silver products. The Direct-to-Consumer segment provides access to an array of gold, silver, copper, platinum, and palladium products primarily through its websites. It operates various company-owned websites targeting specific niches within the precious metals retail market. This segment also operates as a direct retailer of precious metals to the investor community and markets its precious metal products on television, radio, and the internet, as well as through customer service outreach. The Secured Lending segment originates and acquires commercial loans secured by bullion and numismatic coins; and serves coin and precious metal dealers, investors, and collectors. It serves customers, including financial institutions, bullion retailers, industrial manufacturers and fabricators, sovereign mints, refiners, coin and metal dealers, investors, collectors, and e-commerce and other retail customers. The company has operations in the United States, rest of North America, Europe, the Asia Pacific, Africa, and Australia. A-Mark Precious Metals, Inc. was founded in 1965 and is headquartered in El Segundo, California.

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StockViz Staff

September 19, 2024

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