SWYDF (Stornoway Diamond) Change In Inventory: $-4.8 Mil (TTM As of Jun. 2019)


What is Stornoway Diamond Change In Inventory?

Stornoway Diamond SWYDF Change In Inventory is $-4.8 Mil as of Jun. 2019.

Stornoway Diamond's change in inventory for the quarter that ended in Jun. 2019 was $3.8 Mil. It means Stornoway Diamond's inventory declined by $3.8 Mil from Mar. 2019 to Jun. 2019 .

Stornoway Diamond's change in inventory for the fiscal year that ended in Dec. 2018 was $-4.2 Mil. It means Stornoway Diamond's inventory increased by $4.2 Mil from Dec. 2017 to Dec. 2018 .

Stornoway Diamond's Total Inventories for the quarter that ended in Jun. 2019 was $43.6 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Stornoway Diamond's Days Inventory for the quarter that ended in Jun. 2019 was 73.69.

Inventory Turnover measures how fast the company turns over its inventory within a year. Stornoway Diamond's Inventory Turnover for the quarter that ended in Jun. 2019 was 1.24.

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. Stornoway Diamond's Inventory-to-Revenue for the quarter that ended in Jun. 2019 was 0.33.

Stornoway Diamond  (OTCPK:SWYDF) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=46.972/58.168*365 / 4
=73.69

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

Stornoway Diamond's Inventory Turnover for the quarter that ended in Jun. 2019 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=58.168 / 46.972
=1.24

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.

Stornoway Diamond's Inventory to Revenue for the quarter that ended in Jun. 2019 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=46.972 / 142.547
=0.33

* 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.

Stornoway Diamond Change In Inventory Related Terms

Stornoway Diamond Change In Inventory Historical Data

* Premium members only.

The historical data trend for Stornoway Diamond'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.

Stornoway Diamond Change In Inventory Chart

Stornoway Diamond Annual Data
Trend Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15 Dec16 Dec17 Dec18
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.83 0.00 -29.90 -1.32 -4.22

Stornoway Diamond Quarterly Data
Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 9.58 -1.92 -8.09 1.39 3.82

Stornoway Diamond 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 Jun. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $-4.8 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 $-4.8 Mil mean?
Stornoway Diamond (SWYDF) has a Change In Inventory of $-4.8 Mil as of Jun. 2019. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Stornoway Diamond and its competitors.
Is Stornoway Diamond's Change In Inventory too high?
Stornoway Diamond's current Change In Inventory is $-4.8 Mil.
How does Stornoway Diamond's Change In Inventory compare to DYNR and CTDT?
Stornoway Diamond's Change In Inventory of $-4.8 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 Stornoway Diamond and its competitors. Stornoway Diamond's current Change In Inventory is $-4.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stornoway Diamond stock overvalued right now?
Stornoway Diamond (SWYDF) has a current Change In Inventory of $-4.8 Mil. The current Change In Inventory is $-4.8 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 Stornoway Diamond (SWYDF), the current Change In Inventory is $-4.8 Mil as of Jun. 2019. 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.

Stornoway Diamond Business Description

Address 1111 St. Charles Street West, Tour Ouest, Suite 400, Longueuil, QC, CAN, J4K 5G4
Stornoway Diamond Corp is a leading Canadian diamond exploration and producing company. Its principal business is the development of its flagship asset, the fully-owned Renard Mine, located in Quebec, Canada. The company intends to grow its business through the exploration and development of its mines. Stornoway also holds interests in a portfolio of exploration assets across Canada through owned properties and joint ventures. These properties and joint ventures include projects such as Adamantin, Qilalugaq and Pikoo.