GLGDF (GoGold Resources) Days Inventory: 57.72 (As of Mar. 2026) — 54% Below Median

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

GLGDF GoGold Resources Inc GLGDF
80 GF Score
Price $2.15
GF Value $2.45
Valuation Modestly Undervalued
! 1 Warning Sign
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What is GoGold Resources Days Inventory?

GoGold Resources GLGDF -4.87% 80 Days Inventory is 57.72 as of Mar. 2026, which is 54% below its 10-year median of 124.53. GuruFocus rates GLGDF with a GF Score™ of 80/100 and a GF Value™ of $2.45 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 685 Metals & Mining companies, GoGold Resources ranks better than 52.26% on this metric.

Days Inventory is also known as Days Sales of Inventory (DSI). GoGold Resources's Average Total Inventories for the three months ended in Mar. 2026 was $6.60 Mil. GoGold Resources's Cost of Goods Sold for the three months ended in Mar. 2026 was $10.44 Mil. Hence, GoGold Resources's Days Inventory for the three months ended in Mar. 2026 was 57.72.

The historical rank and industry rank for GoGold Resources's Days Inventory or its related term are showing as below:

GLGDF' s Days Inventory Range Over the Past 10 Years
Min: 82.76   Med: 124.53   Max: 694.04
Current: 82.76

During the past 13 years, GoGold Resources's highest Days Inventory was 694.04. The lowest was 82.76. And the median was 124.53.

GLGDF's Days Inventory is ranked better than
52.26% of 685 companies
in the Metals & Mining industry
Industry Median: 86.41 vs GLGDF: 82.76

GoGold Resources's Days Inventory declined from Mar. 2025 (126.10) to Mar. 2026 (57.72).

Inventory Turnover measures how fast the company turns over its inventory within a year. GoGold Resources's Inventory Turnover for the three months ended in Mar. 2026 was 1.58.

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. GoGold Resources's Inventory-to-Revenue for the three months ended in Mar. 2026 was 0.22.


GoGold Resources  (OTCPK:GLGDF) 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.

GoGold Resources'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.

GoGold Resources'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.


GoGold Resources Days Inventory Related Terms


GoGold Resources Days Inventory Historical Data

* Premium members only.

The historical data trend for GoGold Resources'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.

GoGold Resources Days Inventory Chart

GoGold Resources Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 100.01 125.13 141.07 273.38 128.56

GoGold Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Days 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 126.10 108.10 98.18 61.91 57.72

GLGDF vs HL: Days Inventory Comparison

For the Other Precious Metals & Mining subindustry, GoGold Resources'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.


GoGold Resources Days Inventory vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, GoGold Resources's Days Inventory distribution charts can be found below:

* The bar in red indicates where GoGold Resources's Days Inventory falls into.


GLGDF
80GF Score
GoGold Resources Inc GLGDF
Days Inventory is just one metric. See GF Score™, valuation, warning signs, and more.
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GoGold Resources Days Inventory Calculation

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

GoGold Resources's Days Inventory for the fiscal year that ended in Sep. 2025 is calculated as

Days Inventory (A: Sep. 2025 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Sep. 2024 ) + Total Inventories (A: Sep. 2025 )) / count ) / Cost of Goods Sold (A: Sep. 2025 )*Days in Period
=( (21.827 + 9.139) / 2 ) / 43.959*365
=15.483 / 43.959*365
=128.56

GoGold Resources's Days Inventory for the quarter that ended in Mar. 2026 is calculated as:

Days Inventory (Q: Mar. 2026 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2025 ) + Total Inventories (Q: Mar. 2026 )) / count ) / Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=( (6.7 + 6.502) / 2 ) / 10.436*365 / 4
=6.601 / 10.436*365 / 4
=57.72

* 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 Days Inventory →
What does a Days Inventory of 57.72 mean?
GoGold Resources (GLGDF) has a Days Inventory of 57.72 as of Mar. 2026. Days inventory represents the average amount of days a company holds inventory before selling it. View historical data on GoGold Resources and its competitors. This is 54% below median its historical median of 124.53. Over the past decade, GoGold Resources' Days Inventory has ranged from 82.76 to 694.04. According to the industry distribution chart, GoGold Resources ranks #327 out of 685 companies in the Metals & Mining industry, placing it in the top 47.7%.
Is GoGold Resources' Days Inventory too high?
GoGold Resources' current Days Inventory of 57.72 is 54% below median its 10-year median of 124.53. Over the past 10 years, this metric has ranged from a low of 82.76 to a high of 694.04. The Metals & Mining industry median Days Inventory is 86.41. GoGold Resources' value of 57.72 is 33.2% below this industry median. Based on the distribution chart, GoGold Resources ranks #327 out of 685 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, GoGold Resources has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GoGold Resources' Days Inventory compare to HL?
According to the Metals & Mining industry distribution chart, GoGold Resources ranks #327 out of 685 companies for Days Inventory. This puts GoGold Resources in the upper half of its industry. The industry median Days Inventory is 86.41. GoGold Resources' value of 57.72 is 33.2% below this benchmark. Historically, GoGold Resources' own Days Inventory has ranged from 82.76 to 694.04 over the past decade. While the company's 10-year median is 124.53 vs. the industry median of 86.41, GoGold Resources 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 86.41, based on 685 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. GoGold Resources's current Days Inventory of 57.72 is 33.2% 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 GoGold Resources and its competitors. For the Metals & Mining industry, the median Days Inventory is 86.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GoGold Resources's current Days Inventory is 57.72, which is 54% below median its own 10-year median of 124.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GoGold Resources stock overvalued right now?
Based on GuruFocus' analysis, GoGold Resources (GLGDF) is currently considered Modestly Undervalued. The stock's GF Value™ is $2.45, compared to a current price of $2.15 — trading 12.2% below its estimated fair value. The current Days Inventory is 57.72, which is 54% below median its 10-year median of 124.53 and 33.2% below the Metals & Mining industry median of 86.41. GoGold Resources' overall GF Score™ is 80/100 with 1 warning sign 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 GoGold Resources (GLGDF), the current Days Inventory is 57.72 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 GoGold Resources (GLGDF) Overvalued in 2026?

Based on GuruFocus' analysis, GoGold Resources stock appears to be undervalued. The current stock price of $2.15 is trading 12.2% below its estimated GF Value™ of $2.45. GuruFocus considers GoGold Resources to be Modestly Undervalued.

Key valuation signals for GLGDF:

  • Days Inventory: 57.72 (54% below median its 10-year median of 124.53)
  • GF Value™: $2.45 vs. price of $2.15 (12.2% below fair value)
  • GF Score™: 80/100 with 1 warning sign
  • Industry Position: 33.2% below the Metals & Mining median (#327 of 685)

No single metric tells the full story. See the GLGDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GoGold Resources Business Description

Other Exchanges GGD:GermanyGGD:Canada
Address 2000 Barrington Street, Suite 1301, Cogswell Tower, Halifax, NS, CAN, B3J 3K1
GoGold Resources Inc is a Canadian-based company engaged in the identification, acquisition, exploration, development, and production of silver and gold. Its projects include the Parral Project, the Los Ricos South Project, and the Los Ricos North Project.
80GF Score

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Days Inventory is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.15
Price
$2.45
GF Value