Newlox Gold Ventures (FRA:NGO) Inventory Turnover: 8.80 (As of Dec. 2025)

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What is Newlox Gold Ventures Inventory Turnover?

Newlox Gold Ventures FRA:NGO Inventory Turnover is 8.80 as of Dec. 2025. The stock has 4 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. Newlox Gold Ventures's Cost of Goods Sold for the three months ended in Dec. 2025 was €0.04 Mil. Newlox Gold Ventures's Average Total Inventories for the quarter that ended in Dec. 2025 was €0.01 Mil. Newlox Gold Ventures's Inventory Turnover for the quarter that ended in Dec. 2025 was 8.80.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Newlox Gold Ventures's Days Inventory for the three months ended in Dec. 2025 was 10.37.

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. Newlox Gold Ventures's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 1.67.

Newlox Gold Ventures  (FRA:NGO) 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.

Newlox Gold Ventures's Days Inventory for the three months ended in Dec. 2025 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2025 )/Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=0.005/0.044*365 / 4
=10.37

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.

Newlox Gold Ventures's Inventory to Revenue for the quarter that ended in Dec. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=0.005 / 0.003
=1.67

* 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.

Newlox Gold Ventures Inventory Turnover Related Terms

Newlox Gold Ventures Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Newlox Gold Ventures'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.

Newlox Gold Ventures Inventory Turnover Chart

Newlox Gold Ventures Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 33.70 48.98 46.20 53.23

Newlox Gold Ventures Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.35 10.61 21.33 18.20 8.80

Newlox Gold Ventures Inventory Turnover Calculation

Newlox Gold Ventures's Inventory Turnover for the fiscal year that ended in Mar. 2025 is calculated as

Inventory Turnover (A: Mar. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Mar. 2025 ) / ((Total Inventories (A: Mar. 2024 ) + Total Inventories (A: Mar. 2025 )) / count )
=0.692 / ((0.019 + 0.007) / 2 )
=0.692 / 0.013
=53.23

Newlox Gold Ventures's Inventory Turnover for the quarter that ended in Dec. 2025 is calculated as

Inventory Turnover (Q: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2025 ) / ((Total Inventories (Q: Sep. 2025 ) + Total Inventories (Q: Dec. 2025 )) / count )
=0.044 / ((0.005 + 0.005) / 2 )
=0.044 / 0.005
=8.80

* 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 8.80 mean?
Newlox Gold Ventures (FRA:NGO) has a Inventory Turnover of 8.80 as of Dec. 2025. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Newlox Gold Ventures and its competitors.
Is Newlox Gold Ventures' Inventory Turnover too high?
Newlox Gold Ventures' current Inventory Turnover is 8.80.
How does Newlox Gold Ventures' Inventory Turnover compare to WM and RSG?
Newlox Gold Ventures' Inventory Turnover of 8.80 can be compared against companies in the Waste Management 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 Waste Management company?
A good Inventory Turnover depends on the Waste Management 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 Newlox Gold Ventures and its competitors. Newlox Gold Ventures's current Inventory Turnover is 8.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newlox Gold Ventures stock overvalued right now?
Based on GuruFocus' analysis, Newlox Gold Ventures (FRA:NGO) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.02, compared to a current price of €0.02 — trading 15% below its estimated fair value. The current Inventory Turnover is 8.80. 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 Newlox Gold Ventures (FRA:NGO), the current Inventory Turnover is 8.80 as of Dec. 2025. 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.

Newlox Gold Ventures Business Description

Other Exchanges NWLXF:USALUX:Canada
Address 355 Burrard Street, 10th Floor, Vancouver, BC, CAN, V6C 2G8
Newlox Gold Ventures Corp is a Canada based environmental reclamation and mineral recovery company and is in the business of undertaking projects for the purpose of operating tailings remediation and fold recovery in Costa Rica.