GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Placer Creek Mining Co (OTCPK:PRCK) » Definitions » Inventory Turnover

Placer Creek Mining Co (Placer Creek Mining Co) Inventory Turnover : 0.00 (As of . 20)


View and export this data going back to 2002. Start your Free Trial

What is Placer Creek Mining Co 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. Placer Creek Mining Co's Cost of Goods Sold for the six months ended in . 20 was $0.00 Mil. Placer Creek Mining Co'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.


Placer Creek Mining Co Inventory Turnover Historical Data

The historical data trend for Placer Creek Mining Co'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.

Placer Creek Mining Co Inventory Turnover Chart

Placer Creek Mining Co Annual Data
Trend
Inventory Turnover

Placer Creek Mining Co Semi-Annual Data
Inventory Turnover

Placer Creek Mining Co Inventory Turnover Calculation

Placer Creek Mining Co'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

Placer Creek Mining Co'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

* 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.


Placer Creek Mining Co  (OTCPK:PRCK) 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.

Placer Creek Mining Co's Days Inventory for the six 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 / 2
=

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.

Placer Creek Mining Co'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 /
=

* 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.


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.


Placer Creek Mining Co Inventory Turnover Related Terms

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


Placer Creek Mining Co (Placer Creek Mining Co) Business Description

Traded in Other Exchanges
N/A
Address
Website

Placer Creek Mining Co (Placer Creek Mining Co) Headlines

No Headlines