Inca One Gold (FRA:SU92) Inventory Turnover : 1.60 (As of Jan. 2024)

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What is Inca One Gold 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. Inca One Gold's Cost of Goods Sold for the three months ended in Jan. 2024 was €10.16 Mil. Inca One Gold's Average Total Inventories for the quarter that ended in Jan. 2024 was €6.34 Mil. Inca One Gold's Inventory Turnover for the quarter that ended in Jan. 2024 was 1.60.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Inca One Gold's Days Inventory for the three months ended in Jan. 2024 was 56.97.

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. Inca One Gold's Inventory-to-Revenue for the quarter that ended in Jan. 2024 was 0.57.

Inca One Gold Inventory Turnover Historical Data

The historical data trend for Inca One Gold'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.

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Inca One Gold Inventory Turnover Chart

Inca One Gold Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Inventory Turnover

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10.18

6.99

5.86

7.26

5.35

Inca One Gold Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Inventory Turnover	Get a 7-Day Free Trial															1.75	1.36	1.81	1.52	1.60

Inca One Gold Inventory Turnover Calculation

Inca One Gold's Inventory Turnover for the fiscal year that ended in Apr. 2023 is calculated as

	Inventory Turnover (A: Apr. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Apr. 2023 )	/ (	(Total Inventories (A: Apr. 2022 )	+	Total Inventories (A: Apr. 2023 ))	/	count )
=	34.781	/ (	(7.569	+	5.426)	/	2 )
=	34.781	/	6.4975
=	5.35

Inca One Gold's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

	Inventory Turnover (Q: Jan. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jan. 2024 )	/ (	(Total Inventories (Q: Oct. 2023 )	+	Total Inventories (Q: Jan. 2024 ))	/	count )
=	10.159	/ (	(6.073	+	6.611)	/	2 )
=	10.159	/	6.342
=	1.60

Inca One Gold (FRA:SU92) 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.

Inca One Gold's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jan. 2024 )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
	=	6.342	/	10.159	*	365 / 4
	=	56.97

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.

Inca One Gold's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jan. 2024 )	/	Revenue (Q: Jan. 2024 )
	=	6.342	/	11.102
	=	0.57

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.

Inca One Gold Inventory Turnover Related Terms

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Inca One Gold (FRA:SU92) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Inca One Gold Corp (FRA:SU92) » Definitions » Inventory Turnover

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INCAF:USA SU92:Germany INCA:Canada

Address

1140 West Pender Street, Suite 850, Vancouver, BC, CAN, V6E 4G1

Website

https://www.incaone.com

Inca One Gold Corp is a mineral resource company and mineral processing company. It is engaged in the business of developing gold-bearing mineral processing operations in Peru. Its activities consist of the production of gold and silver from the processing of purchased minerals. It provides its service basically to small-scale miners. It's Chala One milling facility located in Chala, Southern Peru. The Koricancha ore processing facility located in Peru. The company operates through a gold milling facility and generates revenue from the same.

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