Asante GoldASGOF -0.33%33 Days Inventory is 40.04 as of Mar. 2026, which is 36% below its 10-year median of 62.91. GuruFocus rates ASGOF with a GF Score™ of 33/100 and a GF Value™ of $1.02 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 681 Metals & Mining companies, Asante Gold ranks better than 74.74% on this metric.
Days Inventory is also known as Days Sales of Inventory (DSI). Asante Gold's Average Total Inventories for the
three
months ended in Mar. 2026 was $105.3 Mil. Asante Gold's Cost of Goods Sold for the
three
months ended in Mar. 2026 was $239.9 Mil.
Hence, Asante Gold's Days Inventory for the
three
months ended in Mar. 2026 was 40.04.
The historical rank and industry rank for Asante Gold's Days Inventory or its related term are showing as below:
ASGOF'
s Days Inventory Range Over the Past 10 Years
Min: 39.92 Med: 62.91 Max: 85.89
Current: 48.78
During the past 13 years, Asante Gold's highest Days Inventory was 85.89. The lowest was 39.92. And the median was 62.91.
ASGOF's Days Inventory is ranked better than 74.74% of 681
companies
in the Metals & Mining industry
Industry Median: 85.61
vs ASGOF: 48.78
Asante Gold's Days Inventory
declined
from Jan. 2025 (56.83) to Mar. 2026 (40.04).
Inventory Turnover measures how fast the company turns over its inventory within a year.
Asante Gold's Inventory Turnover for the
three
months ended in Mar. 2026 was 2.28.
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.
Asante Gold's Inventory-to-Revenue for the
three
months ended in Mar. 2026 was 0.35.
Asante Gold (OTCPK:ASGOF) Days Inventory Explanation
Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:
1. Inventory Turnover measures how fast the company turns over its inventory within a year.
Asante Gold's Inventory Turnover for the
three
months ended in Mar. 2026 is calculated as
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.
Asante Gold's Inventory to Revenue for the
three
months 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.
Be Aware
A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.
Asante Gold Days Inventory Related Terms
Asante Gold Days Inventory Historical Data
* Premium members only.
The historical data trend for Asante Gold's Days 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.
For the Gold subindustry, Asante Gold's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Asante Gold Days Inventory vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Asante Gold's Days Inventory distribution charts can be found below:
* The bar in red indicates where Asante Gold's Days Inventory falls into.
* 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.
Asante Gold (ASGOF) has a Days Inventory of 40.04 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Asante Gold and its competitors. This is 36% below median its historical median of 62.91. Over the past decade, Asante Gold's Days Inventory has ranged from 39.92 to 85.89. According to the industry distribution chart, Asante Gold ranks #172 out of 681 companies in the Metals & Mining industry, placing it in the top 25.3%.
Is Asante Gold's Days Inventory too high?
Asante Gold's current Days Inventory of 40.04 is 36% below median its 10-year median of 62.91. Over the past 10 years, this metric has ranged from a low of 39.92 to a high of 85.89. The Metals & Mining industry median Days Inventory is 85.61. Asante Gold's value of 40.04 is 53.2% below this industry median. Based on the distribution chart, Asante Gold ranks #172 out of 681 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Asante Gold has a GF Score™ of 33/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Asante Gold's Days Inventory compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Asante Gold ranks #172 out of 681 companies for Days Inventory. This puts Asante Gold in the upper half of its industry. The industry median Days Inventory is 85.61. Asante Gold's value of 40.04 is 53.2% below this benchmark. Historically, Asante Gold's own Days Inventory has ranged from 39.92 to 85.89 over the past decade. While the company's 10-year median is 62.91 vs. the industry median of 85.61, Asante Gold has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Days Inventory for a Metals & Mining company?
The median Days Inventory among Metals & Mining companies is 85.61, based on 681 companies in the industry. Companies in the top quartile (top 25%) have a Days Inventory significantly above this median, while those in the bottom quartile fall well below. However, Days Inventory should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Asante Gold's current Days Inventory of 40.04 is 53.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Days Inventory mean?
A high Days Inventory can signal that a stock is expensive relative to its fundamentals. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on Asante Gold and its competitors. For the Metals & Mining industry, the median Days Inventory is 85.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asante Gold's current Days Inventory is 40.04, which is 36% below median its own 10-year median of 62.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asante Gold stock overvalued right now?
Based on GuruFocus' analysis, Asante Gold (ASGOF) is currently considered Possible Value Trap. The stock's GF Value™ is $1.02, compared to a current price of $0.49 — trading 52.5% below its estimated fair value. The current Days Inventory is 40.04, which is 36% below median its 10-year median of 62.91 and 53.2% below the Metals & Mining industry median of 85.61. Asante Gold's overall GF Score™ is 33/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Days Inventory calculated?
Days Inventory is calculated from a company's financial statements. For Asante Gold (ASGOF), the current Days Inventory is 40.04 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 Asante Gold (ASGOF) Overvalued in 2026?
Based on GuruFocus' analysis, Asante Gold stock appears to be undervalued.
The current stock price of $0.49 is trading 52.5% below its estimated GF Value™ of $1.02.
GuruFocus considers Asante Gold to be Possible Value Trap.
Key valuation signals for ASGOF:
Days Inventory: 40.04 (36% below median its 10-year median of 62.91)
GF Value™: $1.02 vs. price of $0.49 (52.5% below fair value)
Industry Position: 53.2% below the Metals & Mining median (#172 of 681)
No single metric tells the full story. See the ASGOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asante Gold Corp business activity is the operation of its two gold mines, the Bibiani Gold Mine and the Chirano Gold Mine, in the Republic of Ghana through a holding of interest in its subsidiaries. The Company is conducting exploration activities on properties assessed to be of merit for locating additional mineral resources, and has acquired or has options to acquire mining concession rights to additional properties in Ghana, where it is actively engaged in exploration and evaluation activities. The Company reports the results of two operating segments, the Bibiani Gold Mine and the Chirano Gold Mine, which generate maximum revenue.
33GF Score
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