Market Cap : 8.53 B | Enterprise Value : 9.33 B | PE Ratio : 12.24 | PB Ratio : 2.26 |
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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. Gold Fields's Cost of Goods Sold for the six months ended in Dec. 2021 was $1,287 Mil. Gold Fields's Average Total Inventories for the quarter that ended in Dec. 2021 was $628 Mil. Gold Fields's Inventory Turnover for the quarter that ended in Dec. 2021 was 2.05.
Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gold Fields's Days Inventory for the six months ended in Dec. 2021 was 89.02.
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. Gold Fields's Inventory-to-Revenue for the quarter that ended in Dec. 2021 was 0.28.
The historical data trend for Gold Fields'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.
Gold Fields's Inventory Turnover for the fiscal year that ended in Dec. 2021 is calculated as
Inventory Turnover (A: Dec. 2021 ) | |||||||
= | Cost of Goods Sold | / | Average Total Inventories | ||||
= | Cost of Goods Sold (A: Dec. 2021 ) | / ( | (Total Inventories (A: Dec. 2020 ) | + | Total Inventories (A: Dec. 2021 )) | / | count ) |
= | 2487.3 | / ( | (521.6 | + | 627.6) | / | 2 ) |
= | 2487.3 | / | 574.6 | ||||
= | 4.33 |
Gold Fields's Inventory Turnover for the quarter that ended in Dec. 2021 is calculated as
Inventory Turnover (Q: Dec. 2021 ) | |||||||
= | Cost of Goods Sold | / | Average Total Inventories | ||||
= | Cost of Goods Sold (Q: Dec. 2021 ) | / ( | (Total Inventories (Q: Jun. 2021 ) | + | Total Inventories (Q: Dec. 2021 )) | / | count ) |
= | 1286.7 | / ( | (0 | + | 627.6) | / | 1 ) |
= | 1286.7 | / | 627.6 | ||||
= | 2.05 |
* 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.
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.
Gold Fields's Days Inventory for the six months ended in Dec. 2021 is calculated as:
Days Inventory | = | Average Total Inventories (Q: Dec. 2021 ) | / | Cost of Goods Sold (Q: Dec. 2021 ) | * | Days in Period |
= | 627.6 | / | 1286.7 | * | 365 / 2 | |
= | 89.02 |
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.
Gold Fields's Inventory to Revenue for the quarter that ended in Dec. 2021 is calculated as
Inventory-to-Revenue | = | Average Total Inventories (Q: Dec. 2021 ) | / | Revenue (Q: Dec. 2021 ) |
= | 627.6 | / | 2211.6 | |
= | 0.28 |
* 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.
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.
Thank you for viewing the detailed overview of Gold Fields's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.
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