AURQF (Aurelius Minerals) Inventory Turnover: 0.00 (As of Sep. 2022)

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What is Aurelius Minerals Inventory Turnover?

Aurelius Minerals AURQF +50.00% Inventory Turnover is 0.00 as of Sep. 2022.

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. Aurelius Minerals's Cost of Goods Sold for the three months ended in Sep. 2022 was $0.04 Mil. Aurelius Minerals's Average Total Inventories for the quarter that ended in Sep. 2022 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aurelius Minerals's Days Inventory for the three months ended in Sep. 2022 was 0.00.

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.

Aurelius Minerals (OTCPK:AURQF) 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.

Aurelius Minerals's Days Inventory for the three months ended in Sep. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2022 )	/	Cost of Goods Sold (Q: Sep. 2022 )	*	Days in Period
	=	0	/	0.043	*	365 / 4
	=	0.00

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.

Aurelius Minerals's Inventory to Revenue for the quarter that ended in Sep. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2022 )	/	Revenue (Q: Sep. 2022 )
	=	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.

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.

Aurelius Minerals Inventory Turnover Related Terms

Aurelius Minerals Inventory Turnover Historical Data

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The historical data trend for Aurelius Minerals's Inventory Turnover can be seen below:

Aurelius Minerals Inventory Turnover Chart

Aurelius Minerals Annual Data

Trend

Mar12

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Dec21

Inventory Turnover

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0.00

Aurelius Minerals Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Inventory Turnover	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

Aurelius Minerals Inventory Turnover Calculation

Aurelius Minerals's Inventory Turnover for the fiscal year that ended in Dec. 2021 is calculated as

	Inventory Turnover (A: Dec. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2021 )	/ (	(Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Dec. 2021 ))	/	count )
=	0.176	/ (	(0	+	0)	/	1 )
=	0.176	/	0
=	N/A

Aurelius Minerals's Inventory Turnover for the quarter that ended in Sep. 2022 is calculated as

	Inventory Turnover (Q: Sep. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2022 )	/ (	(Total Inventories (Q: Jun. 2022 )	+	Total Inventories (Q: Sep. 2022 ))	/	count )
=	0.043	/ (	(0	+	0)	/	1 )
=	0.043	/	0
=	N/A

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.00 mean?

Aurelius Minerals (AURQF) has a Inventory Turnover of 0.00 as of Sep. 2022. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Aurelius Minerals and its competitors.

Is Aurelius Minerals' Inventory Turnover too high?

Aurelius Minerals' current Inventory Turnover is 0.00.

How does Aurelius Minerals' Inventory Turnover compare to NEM?

Aurelius Minerals' Inventory Turnover of 0.00 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 Aurelius Minerals and its competitors. Aurelius Minerals's current Inventory Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Aurelius Minerals stock overvalued right now?

Aurelius Minerals (AURQF) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. 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 Aurelius Minerals (AURQF), the current Inventory Turnover is 0.00 as of Sep. 2022. 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.

Aurelius Minerals Business Description

Industry Basic Materials Metals & Mining

Comparable Companies XCNQ:OZLI TSXV:KES TSXV:DNO TSXV:AML TSXV:GCN TSXV:BGF TSXV:SXL TSXV:ROVR TSXV:AORO TSXV:CQR SHSE:601899 NEM TSX:ABX TSX:FNV TSX:AEM TSX:WPM ASX:NCM SHSE:600547 JSE:GFI JSE:ANG

Address 110 Yonge Street, Suite 1900, Toronto, ON, CAN, M5C 1T4

Website https://www.aureliusminerals.com

Aurelius Minerals Inc is a gold exploration company which holds the Aureus Gold Properties, including Aureus East and West and the Forest Hill Gold Project located in Nova Scotia. The company also holds a gold project in the Abitibi Greenstone Belt in Ontario, Canada; the 968- hectare Mikwam Property, in the Burntbush area on the Casa Berardi trend.