Northern Graphite (FRA:0NG) Inventory Turnover : 0.85 (As of Sep. 2024)

View and export this data going back to 2011. Start your Free Trial

What is Northern Graphite Inventory Turnover?

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. Northern Graphite's Cost of Goods Sold for the three months ended in Sep. 2024 was €4.89 Mil. Northern Graphite's Average Total Inventories for the quarter that ended in Sep. 2024 was €5.78 Mil. Northern Graphite's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.85.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Northern Graphite's Days Inventory for the three months ended in Sep. 2024 was 107.73.

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. Northern Graphite's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 1.29.

Northern Graphite Inventory Turnover Historical Data

The historical data trend for Northern Graphite'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.

* Premium members only.

Northern Graphite Inventory Turnover Chart

Northern Graphite Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

0.49

0.85

Northern Graphite Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Inventory Turnover	Get a 7-Day Free Trial															0.19	0.20	0.40	0.48	0.85

Northern Graphite Inventory Turnover Calculation

Northern Graphite's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	10.369	/ (	(12.692	+	11.708)	/	2 )
=	10.369	/	12.2
=	0.85

Northern Graphite's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

	Inventory Turnover (Q: Sep. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Sep. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Sep. 2024 ))	/	count )
=	4.892	/ (	(6.055	+	5.496)	/	2 )
=	4.892	/	5.7755
=	0.85

Northern Graphite (FRA:0NG) 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.

Northern Graphite'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
	=	5.7755	/	4.892	*	365 / 4
	=	107.73

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.

Northern Graphite's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	5.7755	/	4.462
	=	1.29

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.

Northern Graphite Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Northern Graphite's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

Northern Graphite Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Northern Graphite Corp (FRA:0NG) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

NGPHF:USA NGC:Canada

Address

1000 Innovation Drive, Suite 500, Ottawa, ON, CAN, K2K 3E7

Website

https://www.northerngraphite.com

Northern Graphite Corp is a Canada-based exploration stage company engaged in the exploration and development of mineral resource properties. The company is focused on producing natural graphite and upgrading it into high-value products critical to the green economy including anode material for lithium-ion batteries/EVs, fuel cells, and graphene, as well as advanced industrial technologies. Its exploration and development activities are focused on the Bissett Creek Property in Ontario, Canada, and Okanjande in Namibia.

Northern Graphite Headlines

No Headlines