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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. New Found Gold's Average Total Inventories for the quarter that ended in Sep. 2024 was C$0.00 Mil. New Found Gold's Revenue for the three months ended in Sep. 2024 was C$0.00 Mil.
New Found Gold's Inventory-to-Revenue for the quarter that ended in Sep. 2024 stayed the same from Jun. 2024 (0.00) to Jun. 2024 (0.00)
Days Inventory indicates the number of days of goods in sales that a company has in the inventory. New Found Gold's Days Inventory for the three months ended in Sep. 2024 was 0.00.
Inventory Turnover measures how fast the company turns over its inventory within a year.
The historical data trend for New Found Gold's Inventory-to-Revenue 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.
New Found Gold Annual Data | |||||||||||
Trend | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||
Inventory-to-Revenue | - | - | - | - | - |
New Found Gold Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Inventory-to-Revenue | Get a 7-Day Free Trial | - | - | - | - | - |
For the Gold subindustry, New Found Gold's Inventory-to-Revenue, along with its competitors' market caps and Inventory-to-Revenue 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.
For the Metals & Mining industry and Basic Materials sector, New Found Gold's Inventory-to-Revenue distribution charts can be found below:
* The bar in red indicates where New Found Gold's Inventory-to-Revenue falls into.
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.
New Found Gold's Inventory-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as
Inventory-to-Revenue (A: Dec. 2023 ) | |||||||
= | Average Total Inventories | / | Revenue | ||||
= | ( (Total Inventories (A: Dec. 2022 ) | + | Total Inventories (A: Dec. 2023 )) | / | count ) | / | Revenue (A: Dec. 2023 ) |
= | ( (0 | + | 0) | / | 1 ) | / | 0 |
= | 0 | / | 0 | ||||
= | N/A |
New Found Gold's Inventory-to-Revenue for the quarter that ended in Sep. 2024 is calculated as
Inventory-to-Revenue (Q: Sep. 2024 ) | |||||||
= | Average Total Inventories | / | Revenue | ||||
= | ( (Total Inventories (Q: Jun. 2024 ) | + | Total Inventories (Q: Sep. 2024 )) | / | count ) | / | Revenue (Q: Sep. 2024 ) |
= | ( (0 | + | 0) | / | 1 ) | / | 0 |
= | 0 | / | 0 | ||||
= |
* 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.
New Found Gold (TSXV:NFG) Inventory-to-Revenue Explanation
An increase in Inventory-to-Revenue from one quarter to the next indicates that one of the following is happening:
1. investment in inventory is growing more rapidly than revenueLikewise, a decrease in the Inventory-to-Revenue from one quarter to next indicates that one of these is occurring:
1. investment in inventory is shrinking in relation to revenueMore Related Terms:
1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.
New Found Gold's Days Inventory for the three months ended in Sep. 2024 is calculated as:
Days Inventory | = | Average Total Inventories (Q: Sep. 2024 ) | / | Cost of Goods Sold (Q: Sep. 2024 ) | * | Days in Period |
= | 0 | / | 0.196 | * | 365 / 4 | |
= | 0.00 |
2. Inventory Turnover measures how fast the company turns over its inventory within a year.
New Found Gold's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as
Inventory Turnover | = | Cost of Goods Sold (Q: Sep. 2024 ) | / | Average Total Inventories (Q: Sep. 2024 ) |
= | 0.196 | / | 0 | |
= |
* 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.
Thank you for viewing the detailed overview of New Found Gold's Inventory-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.
2176423 Ontario Ltd. | 10% Security Holder | |
Eric Sprott | 10% Security Holder | |
Sprott Mining Inc. | 10% Security Holder | |
Raymond Wesley Threlkeld | Director | |
Denis Roland Laviolette | Director, Senior Officer | |
Craig A. Roberts | Director, Senior Officer | |
Melissa Render | Senior Officer | |
Quinton Todd Hennigh | Director |
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