Hemlo Mining (FRA:MU4) Inventory Turnover: 1.94 (As of Mar. 2026)

What is Hemlo Mining Inventory Turnover?

Hemlo Mining FRA:MU4 -3.51% 35 Inventory Turnover is 1.94 as of Mar. 2026. GuruFocus rates FRA:MU4 with a GF Score™ of 35/100. The stock has 3 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. Hemlo Mining's Cost of Goods Sold for the three months ended in Mar. 2026 was €97.9 Mil. Hemlo Mining's Average Total Inventories for the quarter that ended in Mar. 2026 was €50.5 Mil. Hemlo Mining's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.94.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Hemlo Mining's Days Inventory for the three months ended in Mar. 2026 was 47.11.

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. Hemlo Mining's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.31.

Hemlo Mining (FRA:MU4) 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.

Hemlo Mining's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2026 )	/	Cost of Goods Sold (Q: Mar. 2026 )	*	Days in Period
	=	50.5215	/	97.856	*	365 / 4
	=	47.11

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.

Hemlo Mining's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2026 )	/	Revenue (Q: Mar. 2026 )
	=	50.5215	/	161.119
	=	0.31

* 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.

Hemlo Mining Inventory Turnover Related Terms

Hemlo Mining Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Hemlo Mining's Inventory Turnover can be seen below:

Hemlo Mining Inventory Turnover Chart

Hemlo Mining Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

Get a 7-Day Free Trial

-100.22

8.50

0.00

Hemlo Mining Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
Inventory Turnover	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	1.94

35GF Score

Hemlo Mining Corp FRA:MU4

Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Hemlo Mining Inventory Turnover Calculation

Hemlo Mining'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	/ (	(0	+	50.552)	/	1 )
=	0	/	50.552
=	0.00

Hemlo Mining's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

	Inventory Turnover (Q: Mar. 2026 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2026 )	/ (	(Total Inventories (Q: Dec. 2025 )	+	Total Inventories (Q: Mar. 2026 ))	/	count )
=	97.856	/ (	(50.552	+	50.491)	/	2 )
=	97.856	/	50.5215
=	1.94

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 1.94 mean?

Hemlo Mining (FRA:MU4) has a Inventory Turnover of 1.94 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Hemlo Mining and its competitors.

Is Hemlo Mining's Inventory Turnover too high?

Hemlo Mining's current Inventory Turnover is 1.94. Overall, Hemlo Mining has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.

How does Hemlo Mining's Inventory Turnover compare to NEM and AU?

Hemlo Mining's Inventory Turnover of 1.94 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 Hemlo Mining and its competitors. Hemlo Mining's current Inventory Turnover is 1.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Hemlo Mining stock overvalued right now?

Hemlo Mining (FRA:MU4) has a current Inventory Turnover of 1.94. The current Inventory Turnover is 1.94. Hemlo Mining's overall GF Score™ is 35/100 with 3 warning signs to review. 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 Hemlo Mining (FRA:MU4), the current Inventory Turnover is 1.94 as of Mar. 2026. 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.

Hemlo Mining Business Description

Industry Basic Materials Metals & Mining

Comparable Companies TSX:CNL TSX:IAU TSX:ORE TSXV:OMG TSX:RIO TSX:SGD TSXV:ODV TSX:SXGC TSXV:GRZ TSX:FF NEM SHSE:601899 TSX:AEM TSX:ABX TSX:WPM TSX:FNV AU HKSE:02259 JSE:GFI TSX:K

Other Exchanges HMMCF:USA 0URG:UK HMMC:Canada

Address 390 Bay Street, Suite 1720, Toronto, ON, CAN, M5H 2Y2

Website https://www.hemlomining.com

Hemlo Mining Corp is a Canadian gold producer focused on the production and sale of gold, as well as related activities such as mine development and exploration. It owns the Hemlo Mine, which is a long-life, fully integrated gold mining operation located east of the town of Marathon in northwestern Ontario, Canada, along the Trans-Canada Highway and just north of Lake Superior. The Hemlo Mine produces gold from both underground and open-pit operations.

35GF Score

Get the complete analysis for FRA:MU4

Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€3.30

Price

View FRA:MU4 Analysis

See Inventory Turnover data for all stocks →