BMXI (Brookmount Explorations) Inventory Turnover: 0.00 (As of Nov. 2009)

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What is Brookmount Explorations Inventory Turnover?

Brookmount Explorations BMXI +7.11% Inventory Turnover is 0.00 as of Nov. 2009.

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. Brookmount Explorations's Cost of Goods Sold for the six months ended in Nov. 2009 was $0.00 Mil. Brookmount Explorations's Average Total Inventories for the quarter that ended in Nov. 2009 was $0.00 Mil.

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.

Brookmount Explorations  (OTCPK:BMXI) 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.

Brookmount Explorations's Days Inventory for the six months ended in Nov. 2009 is calculated as:

Days Inventory =Average Total Inventories (Q: Nov. 2009 )/Cost of Goods Sold (Q: Nov. 2009 )*Days in Period
=0/0*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.

Brookmount Explorations's Inventory to Revenue for the quarter that ended in Nov. 2009 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Nov. 2009 ) / Revenue (Q: Nov. 2009 )
=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.

Brookmount Explorations Inventory Turnover Related Terms

Brookmount Explorations Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Brookmount Explorations's Inventory Turnover 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.

Brookmount Explorations Inventory Turnover Chart

Brookmount Explorations Annual Data
Trend Nov03 Nov04 Nov05 Nov06 Nov07 Nov08 Nov09
Inventory Turnover
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Brookmount Explorations Semi-Annual Data
Nov03 Nov04 Nov05 Nov06 Nov07 Nov08 Nov09
Inventory Turnover Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Brookmount Explorations Inventory Turnover Calculation

Brookmount Explorations's Inventory Turnover for the fiscal year that ended in Nov. 2009 is calculated as

Inventory Turnover (A: Nov. 2009 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Nov. 2009 ) / ((Total Inventories (A: Nov. 2008 ) + Total Inventories (A: Nov. 2009 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Brookmount Explorations's Inventory Turnover for the quarter that ended in Nov. 2009 is calculated as

Inventory Turnover (Q: Nov. 2009 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Nov. 2009 ) / ((Total Inventories (Q: Nov. 2008 ) + Total Inventories (Q: Nov. 2009 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

* 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 Inventory Turnover →
What does a Inventory Turnover of 0.00 mean?
Brookmount Explorations (BMXI) has a Inventory Turnover of 0.00 as of Nov. 2009. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Brookmount Explorations and its competitors.
Is Brookmount Explorations' Inventory Turnover too high?
Brookmount Explorations' current Inventory Turnover is 0.00.
How does Brookmount Explorations' Inventory Turnover compare to GLNS and MAGE?
Brookmount Explorations' 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 Brookmount Explorations and its competitors. Brookmount Explorations'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 Brookmount Explorations stock overvalued right now?
Brookmount Explorations (BMXI) 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 Brookmount Explorations (BMXI), the current Inventory Turnover is 0.00 as of Nov. 2009. 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.

Brookmount Explorations Business Description

Address 1 East Liberty, Suite 600, Reno, NV, USA, 89501
Brookmount Explorations is a United States-based company that encompasses the exploration, extraction, processing, and sale of gold bullion through locally based trading houses. The Company currently operates two individual mining sites in the North Minahasa region of Sulawesi Province, Indonesia: one at Talawaan, near the regional capital Manado. The other site is located at Ratatotock. In addition, the Company has also acquired an interest in the Moosehorn Gold Project, located southwest of Dawson City, Yukon, Canada, and two additional gold projects in the Tintina Gold Belt in Alaska. The Company operates predominantly in one industry and one geographical segment, those being gold mining and Indonesia.