Golden Goliath Resources (FRA:GGZA) Inventory Turnover: (As of May. 2026)

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What is Golden Goliath Resources 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. Golden Goliath Resources's Cost of Goods Sold for the three months ended in May. 2026 was €0.00 Mil. Golden Goliath Resources's Average Total Inventories for the quarter that ended in May. 2026 was €0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Golden Goliath Resources's Days Inventory for the three months ended in May. 2026 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.

Golden Goliath Resources  (FRA:GGZA) 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.

Golden Goliath Resources's Days Inventory for the three months ended in May. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: May. 2026 )/Cost of Goods Sold (Q: May. 2026 )*Days in Period
=0/0.003*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.

Golden Goliath Resources's Inventory to Revenue for the quarter that ended in May. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: May. 2026 ) / Revenue (Q: May. 2026 )
=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.

Golden Goliath Resources Inventory Turnover Related Terms

Golden Goliath Resources Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Golden Goliath Resources'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.

Golden Goliath Resources Inventory Turnover Chart

Golden Goliath Resources Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Inventory Turnover
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Golden Goliath Resources Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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Golden Goliath Resources Inventory Turnover Calculation

Golden Goliath Resources's Inventory Turnover for the fiscal year that ended in Aug. 2025 is calculated as

Inventory Turnover (A: Aug. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Aug. 2025 ) / ((Total Inventories (A: Aug. 2024 ) + Total Inventories (A: Aug. 2025 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Golden Goliath Resources's Inventory Turnover for the quarter that ended in May. 2026 is calculated as

Inventory Turnover (Q: May. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: May. 2026 ) / ((Total Inventories (Q: Feb. 2026 ) + Total Inventories (Q: May. 2026 )) / count )
=0.003 / ((0 + 0) / 1 )
=0.003 / 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.

Golden Goliath Resources Business Description

Other Exchanges GGZA:GermanyGNG:Canada
Address 688 West Hastings Street, Suite 920, Vancouver, BC, CAN, V6B 1P1
Golden Goliath Resources Ltd is an exploration stage company. Its principal business activity is the acquisition and exploration of resource properties. It has properties in Ontario, Canada namely KWAI property and SLF property in the Red Lake District, the Wish Ore property in townships of Wishat and Palmer and in Mexico namely San Timoteo and NSR Royalties.