Hillgrove Resources (ASX:HGO) Inventory Turnover: -0.15 (As of Dec. 2025)

What is Hillgrove Resources Inventory Turnover?

Hillgrove Resources ASX:HGO +5.26% Inventory Turnover is -0.15 as of Dec. 2025. The stock has 7 warning signs investors should review.

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Hillgrove Resources's Cost of Goods Sold for the six months ended in Dec. 2025 was A$-1.0 Mil. Hillgrove Resources's Average Total Inventories for the quarter that ended in Dec. 2025 was A$6.9 Mil. Hillgrove Resources's Inventory Turnover for the quarter that ended in Dec. 2025 was -0.15.

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

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. Hillgrove Resources's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 0.08.

Hillgrove Resources (ASX:HGO) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

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

Hillgrove Resources's Days Inventory for the six months ended in Dec. 2025 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2025 )	/	Cost of Goods Sold (Q: Dec. 2025 )	*	Days in Period
	=	6.8785	/	-1.007	*	365 / 2
	=

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.

Hillgrove Resources's Inventory to Revenue for the quarter that ended in Dec. 2025 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2025 )	/	Revenue (Q: Dec. 2025 )
	=	6.8785	/	86.283
	=	0.08

* 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

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Hillgrove Resources Inventory Turnover Related Terms

Hillgrove Resources Inventory Turnover Historical Data

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The historical data trend for Hillgrove Resources's Inventory Turnover can be seen below:

Hillgrove Resources Inventory Turnover Chart

Hillgrove Resources Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

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0.00

2.81

-0.44

0.09

Hillgrove Resources Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24	Jun25	Dec25
Inventory Turnover	Get a 7-Day Free Trial															1.94	-0.29	-0.12	0.25	-0.15

Hillgrove Resources Inventory Turnover Calculation

Hillgrove Resources's Inventory Turnover for the fiscal year that ended in Dec. 2025 is calculated as

	Inventory Turnover (A: Dec. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2025 )	/ (	(Total Inventories (A: Dec. 2024 )	+	Total Inventories (A: Dec. 2025 ))	/	count )
=	0.68600000000001	/ (	(7.33	+	7.518)	/	2 )
=	0.68600000000001	/	7.424
=	0.09

Hillgrove Resources's Inventory Turnover for the quarter that ended in Dec. 2025 is calculated as

	Inventory Turnover (Q: Dec. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2025 )	/ (	(Total Inventories (Q: Jun. 2025 )	+	Total Inventories (Q: Dec. 2025 ))	/	count )
=	-1.007	/ (	(6.239	+	7.518)	/	2 )
=	-1.007	/	6.8785
=	-0.15

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of -0.15 mean?

Hillgrove Resources (ASX:HGO) has a Inventory Turnover of -0.15 as of Dec. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Hillgrove Resources and its competitors.

Is Hillgrove Resources' Inventory Turnover too high?

Hillgrove Resources' current Inventory Turnover is -0.15.

How does Hillgrove Resources' Inventory Turnover compare to SCCO and FCX?

Hillgrove Resources' Inventory Turnover of -0.15 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 Inventory Turnover for a Metals & Mining company?

A good Inventory Turnover depends on the Metals & Mining industry context. However, Inventory Turnover 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 Inventory Turnover mean?

A high Inventory Turnover can signal that a stock is expensive relative to its fundamentals. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Hillgrove Resources and its competitors. Hillgrove Resources's current Inventory Turnover is -0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Hillgrove Resources stock overvalued right now?

Hillgrove Resources (ASX:HGO) has a current Inventory Turnover of -0.15. The current Inventory Turnover is -0.15. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is Inventory Turnover calculated?

Inventory Turnover is calculated from a company's financial statements. For Hillgrove Resources (ASX:HGO), the current Inventory Turnover is -0.15 as of Dec. 2025. 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.

Hillgrove Resources Business Description

Industry Basic Materials Metals & Mining

Comparable Companies ASX:AR1 ASX:CVV ASX:CYM ASX:GRX ASX:TNC ASX:QML ASX:ALM ASX:RRR ASX:SLM ASX:CPO SCCO FCX LSE:ANTO LIM:CVERDEC1 TSX:FM TSX:LUN SHSE:600362 WAR:KGH SZSE:301511 SZSE:000630

Other Exchanges HLGVF:USA HIN:Germany

Address 5-7 King William Road, Ground Floor, Unley, SA, AUS, 5061

Website https://www.hillgroveresources.com.au

Hillgrove Resources Ltd is a mineral exploration company located in the Adelaide Hills. It has completed open-pit mining at Kanmantoo. The group commenced development of an underground mine and completed the transition to underground copper production. Its Kanmantoo Copper Mine, located in South Australia's Tier 1 mining jurisdiction, has ramped up to an annual copper production rate of approximately 12,000 tonnes. It is also testing the next suite of potential targets.