Southstone Minerals (TSXV:SML) Change In Inventory: C$0.24 Mil (TTM As of May. 2026)

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 Southstone Minerals Change In Inventory?

Southstone Minerals TSXV:SML +20.00% Change In Inventory is C$0.24 Mil as of May. 2026. The stock has 5 warning signs investors should review.

Southstone Minerals's change in inventory for the quarter that ended in May. 2026 was C$-0.08 Mil. It means Southstone Minerals's inventory increased by C$0.08 Mil from Feb. 2026 to May. 2026 .

Southstone Minerals's change in inventory for the fiscal year that ended in Aug. 2025 was C$-0.23 Mil. It means Southstone Minerals's inventory increased by C$0.23 Mil from Aug. 2024 to Aug. 2025 .

Southstone Minerals's Total Inventories for the quarter that ended in May. 2026 was C$0.25 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Southstone Minerals's Days Inventory for the quarter that ended in May. 2026 was 3.59.

Inventory Turnover measures how fast the company turns over its inventory within a year. Southstone Minerals's Inventory Turnover for the quarter that ended in May. 2026 was 25.41.

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. Southstone Minerals's Inventory-to-Revenue for the quarter that ended in May. 2026 was 0.03.

Southstone Minerals  (TSXV:SML) Change In Inventory Explanation

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

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

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=0.2075/5.273*365 / 4
=3.59

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

Southstone Minerals's Inventory Turnover for the quarter that ended in May. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold / Average Total Inventories
=5.273 / 0.2075
=25.41

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.

Southstone Minerals's Inventory to Revenue for the quarter that ended in May. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories / Revenue
=0.2075 / 6.497
=0.03

* 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.

Southstone Minerals Change In Inventory Related Terms

Southstone Minerals Change In Inventory Historical Data

* Premium members only.

The historical data trend for Southstone Minerals'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.

Southstone Minerals Change In Inventory Chart

Southstone Minerals Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 -0.17 0.18 -0.00 -0.23

Southstone Minerals Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 -0.46 0.25 0.23 -0.16 -0.08

Southstone Minerals 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 May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.24 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 C$0.24 Mil mean?
Southstone Minerals (TSXV:SML) has a Change In Inventory of C$0.24 Mil as of May. 2026. Change in Inventory is the difference between current-period inventory and past-period inventory. View historical data for Southstone Minerals and its competitors.
Is Southstone Minerals' Change In Inventory too high?
Southstone Minerals' current Change In Inventory is C$0.24 Mil.
How does Southstone Minerals' Change In Inventory compare to competitors?
Southstone Minerals' Change In Inventory of C$0.24 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 Southstone Minerals and its competitors. Southstone Minerals's current Change In Inventory is C$0.24 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southstone Minerals stock overvalued right now?
Based on GuruFocus' analysis, Southstone Minerals (TSXV:SML) is currently considered Modestly Undervalued. The stock's GF Value™ is C$0.08, compared to a current price of C$0.06 — trading 25% below its estimated fair value. The current Change In Inventory is C$0.24 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 Southstone Minerals (TSXV:SML), the current Change In Inventory is C$0.24 Mil as of May. 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.

Southstone Minerals Business Description

Address 2751 Graham Street, Victoria, BC, CAN, V8T 3Z1
Southstone Minerals Ltd is a Canadian junior mining company engaged in the acquisition, exploration, evaluation, development, and mining of mineral properties. It holds the majority interest in the Oena Diamond Mine, an alluvial diamond property located in the Northern Cape Province, South Africa, that produces diamonds of varying sizes and characteristics, including occasional larger stones. The company generates revenue from the sale of diamonds.