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Steppe Gold's change in inventory for the quarter that ended in Mar. 2026 was C$-8.8 Mil. It means Steppe Gold's inventory
increased by C$8.8 Mil
from Dec. 2025 to Mar. 2026 .
Steppe Gold's change in inventory for the fiscal year that ended in Dec. 2025 was C$-5.0 Mil. It means Steppe Gold's inventory
increased by C$5.0 Mil
from Dec. 2024 to Dec. 2025 .
Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
Steppe Gold's Days Inventory for the quarter that ended in Mar. 2026 was 248.96.
Inventory Turnover measures how fast the company turns over its inventory within a year.
Steppe Gold's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.37.
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.
Steppe Gold's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.75.
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.
Steppe Gold's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as
* 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.
Steppe Gold Change In Inventory Related Terms
Steppe Gold Change In Inventory Historical Data
* Premium members only.
The historical data trend for Steppe Gold'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.
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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-5.0 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.
What does a Change In Inventory of C$-5.0 Mil mean?
Steppe Gold (TSX:STGO) has a Change In Inventory of C$-5.0 Mil as of Mar. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Steppe Gold and its competitors.
Is Steppe Gold's Change In Inventory too high?
Steppe Gold's current Change In Inventory is C$-5.0 Mil. Overall, Steppe Gold has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Steppe Gold's Change In Inventory compare to NEM and AU?
Steppe Gold's Change In Inventory of C$-5.0 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 Steppe Gold and its competitors. Steppe Gold's current Change In Inventory is C$-5.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steppe Gold stock overvalued right now?
Based on GuruFocus' analysis, Steppe Gold (TSX:STGO) is currently considered Fairly Valued. The stock's GF Value™ is C$1.10, compared to a current price of C$1.21 — trading 10% above its estimated fair value. The current Change In Inventory is C$-5.0 Mil. Steppe Gold's overall GF Score™ is 78/100 with 3 warning signs to review. 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 Steppe Gold (TSX:STGO), the current Change In Inventory is C$-5.0 Mil as of Mar. 2026. 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.
Is Steppe Gold (TSX:STGO) Overvalued in 2026?
Based on GuruFocus' analysis, Steppe Gold stock appears to be overvalued.
The current stock price of C$1.21 is trading 10% above its estimated GF Value™ of C$1.10.
GuruFocus considers Steppe Gold to be Fairly Valued.
Key valuation signals for TSX:STGO:
Change In Inventory: C$-5.0 Mil
GF Value™: C$1.10 vs. price of C$1.21 (10% above fair value)
No single metric tells the full story. See the TSX:STGO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Steppe Gold Ltd is engaged in operating, developing, exploring, and acquiring precious metal projects in Mongolia. The company's commercially producing mine is the Altan Tsagaan Ovoo Property (the ATO Project, or ATO Gold Mine), located in Eastern Mongolia. In addition, it owns the Boroo and Ulaanbulag mines (together as the Boroo Project), and holds interest rights in the Uudam Khundii (UK) project in Mongolia. The company derives its revenue from the sale of gold and silver to banks in Mongolia at London Metal Exchange-based spot rates. A majority of its revenue is generated from the sale of gold.
78GF Score
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Change In Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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