Discovery Minerals (Discovery Minerals) Inventory Turnover : 0.00 (As of . 20)

View and export this data going back to 2006. Start your Free Trial

What is Discovery Minerals Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Discovery Minerals's Cost of Goods Sold for the three months ended in . 20 was $0.00 Mil. Discovery Minerals's Average Total Inventories for the quarter that ended in . 20 was $0.00 Mil.

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

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.

Discovery Minerals Inventory Turnover Historical Data

The historical data trend for Discovery Minerals's Inventory Turnover 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.

Discovery Minerals Inventory Turnover Chart

Discovery Minerals Annual Data

Trend

Inventory Turnover

Discovery Minerals Quarterly Data

Inventory Turnover

Discovery Minerals Inventory Turnover Calculation

Discovery Minerals's Inventory Turnover for the fiscal year that ended in . 20 is calculated as

	Inventory Turnover (A: . 20 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: . 20 )	/ (	(Total Inventories (A: . 20 )	+	Total Inventories (A: . 20 ))	/	count )
=		/ (	(	+	)	/	1 )
=		/	0
=	N/A

Discovery Minerals's Inventory Turnover for the quarter that ended in . 20 is calculated as

	Inventory Turnover (Q: . 20 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: . 20 )	/ (	(Total Inventories (Q: . 20 )	+	Total Inventories (Q: . 20 ))	/	count )
=		/ (	(	+	)	/	1 )
=		/	0
=	N/A

Discovery Minerals (OTCPK:DSCR) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Discovery Minerals's Days Inventory for the three months ended in . 20 is calculated as:

Days Inventory	=	Average Total Inventories (Q: . 20 )	/	Cost of Goods Sold (Q: . 20 )	*	Days in Period
	=	0	/		*	365 / 4
	=

2. 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.

Discovery Minerals's Inventory to Revenue for the quarter that ended in . 20 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: . 20 )	/	Revenue (Q: . 20 )
	=	0	/
	=

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Discovery Minerals Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Discovery Minerals's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Discovery Minerals (Discovery Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Discovery Minerals Ltd (OTCPK:DSCR) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

429 W. Plumb Lane, Reno, NV, USA, 89509

Website

https://www.discoveryminerals.com

Discovery Minerals Ltd is a United States-based acquisition and development company. The company targets natural resource properties through its subsidiaries. The properties fall within two primary channels, precious metals such as gold, silver, and precious metals, and industrial hemp.