Gemfields (LSE:GEMA) Change In Inventory: £-3.71 Mil (TTM As of Dec. 2016)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Gemfields Change In Inventory?

Gemfields LSE:GEMA Change In Inventory is £-3.71 Mil as of Dec. 2016. The stock has 4 warning signs investors should review.

Gemfields's change in inventory for the quarter that ended in Dec. 2016 was £0.08 Mil. It means Gemfields's inventory declined by £0.08 Mil from Jun. 2016 to Dec. 2016 .

Gemfields's change in inventory for the fiscal year that ended in Jun. 2016 was £-4.98 Mil. It means Gemfields's inventory increased by £4.98 Mil from Jun. 2015 to Jun. 2016 .

Gemfields's Total Inventories for the quarter that ended in Dec. 2016 was £89.58 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gemfields's Days Inventory for the quarter that ended in Dec. 2016 was 453.56.

Inventory Turnover measures how fast the company turns over its inventory within a year. Gemfields's Inventory Turnover for the quarter that ended in Dec. 2016 was 0.40.

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. Gemfields's Inventory-to-Revenue for the quarter that ended in Dec. 2016 was 2.06.

Gemfields  (LSE:GEMA) Change In Inventory Explanation

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

Gemfields's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=84.195/33.878*365 / 2
=453.56

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

Gemfields's Inventory Turnover for the quarter that ended in Dec. 2016 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=33.878 / 84.195
=0.40

3. 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.

Gemfields's Inventory to Revenue for the quarter that ended in Dec. 2016 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=84.195 / 40.888
=2.06

* 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.

Gemfields Change In Inventory Related Terms

Gemfields Change In Inventory Historical Data

* Premium members only.

The historical data trend for Gemfields's Change In Inventory 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.

Gemfields Change In Inventory Chart

Gemfields Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.10 -8.67 -2.30 -11.76 -4.98

Gemfields Semi-Annual Data
Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16
Change In Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -8.09 -3.63 -1.12 -3.80 0.08

Gemfields Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2016 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-3.71 Mil.

* 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.

Frequently Asked Questions Learn more about Change In Inventory →
What does a Change In Inventory of £-3.71 Mil mean?
Gemfields (LSE:GEMA) has a Change In Inventory of £-3.71 Mil as of Dec. 2016. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Gemfields and its competitors.
Is Gemfields' Change In Inventory too high?
Gemfields' current Change In Inventory is £-3.71 Mil.
How does Gemfields' Change In Inventory compare to competitors?
Gemfields' Change In Inventory of £-3.71 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Change In Inventory for a Metals & Mining company?
A good Change In Inventory depends on the Metals & Mining industry context. However, Change In Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Change In Inventory mean?
A high Change In Inventory can signal that a stock is expensive relative to its fundamentals. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Gemfields and its competitors. Gemfields's current Change In Inventory is £-3.71 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gemfields stock overvalued right now?
Gemfields (LSE:GEMA) has a current Change In Inventory of £-3.71 Mil. The current Change In Inventory is £-3.71 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Change In Inventory calculated?
Change In Inventory is calculated from a company's financial statements. For Gemfields (LSE:GEMA), the current Change In Inventory is £-3.71 Mil as of Dec. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Gemfields Business Description

Address St Julian’s Avenue, Royal Chambers, PO Box 186, Saint Peter Port, GGY, W1S 2HR
Gemfields PLC is a supplier of colored gemstones specializing in emeralds and amethysts from Zambia and rubies from Mozambique. The company's assets include Kagem emerald mine, Montepuez ruby mine, Kariba amethyst mine, Faberge, and it also has emerald, sapphire and ruby exploration projects at Colombia, Ethiopia, Sri Lanka, and Madagascar. Its segments consist of Zambia, Mozambique, United Kingdom, Faberge, and others. The company earns the majority of the revenue from the sale of rough and cut and polished gemstones as well as wholesale and retail sales of the gemstones and jewelry in the Faberge business.