Strategic Resources (FRA:UI8) Inventory Turnover: 0.00 (As of Mar. 2023)

What is Strategic Resources Inventory Turnover?

Strategic Resources FRA:UI8 -5.56% 35 Inventory Turnover is 0.00 as of Mar. 2023. GuruFocus rates FRA:UI8 with a GF Score™ of 35/100.

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. Strategic Resources's Cost of Goods Sold for the three months ended in Mar. 2023 was €0.00 Mil. Strategic Resources's Average Total Inventories for the quarter that ended in Mar. 2023 was €0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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.

Strategic Resources (FRA:UI8) 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.

Strategic Resources's Days Inventory for the three months ended in Mar. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2023 )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
	=	0	/	0	*	365 / 4
	=

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.

Strategic Resources's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2023 )	/	Revenue (Q: Mar. 2023 )
	=	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.

Strategic Resources Inventory Turnover Related Terms

Strategic Resources Inventory Turnover Historical Data

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The historical data trend for Strategic Resources's Inventory Turnover can be seen below:

Strategic Resources Inventory Turnover Chart

Strategic Resources Annual Data

Trend

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Inventory Turnover

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Strategic Resources Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Inventory Turnover	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

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Strategic Resources Inc FRA:UI8

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

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Strategic Resources Inventory Turnover Calculation

Strategic Resources's Inventory Turnover for the fiscal year that ended in Dec. 2021 is calculated as

	Inventory Turnover (A: Dec. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2021 )	/ (	(Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Dec. 2021 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Strategic Resources's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

	Inventory Turnover (Q: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2023 )	/ (	(Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Mar. 2023 ))	/	count )
=	0	/ (	(0	+	0)	/	1 )
=	0	/	0
=	N/A

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.00 mean?

Strategic Resources (FRA:UI8) has a Inventory Turnover of 0.00 as of Mar. 2023. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Strategic Resources and its competitors.

Is Strategic Resources' Inventory Turnover too high?

Strategic Resources' current Inventory Turnover is 0.00. Overall, Strategic Resources has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.

How does Strategic Resources' Inventory Turnover compare to competitors?

Strategic Resources' Inventory Turnover of 0.00 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 Strategic Resources and its competitors. Strategic Resources's current Inventory Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Strategic Resources stock overvalued right now?

Strategic Resources (FRA:UI8) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. Strategic Resources' overall GF Score™ is 35/100. 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 Strategic Resources (FRA:UI8), the current Inventory Turnover is 0.00 as of Mar. 2023. 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.

Strategic Resources Business Description

Industry Basic Materials Metals & Mining

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Address 1155 Metcalfe Street, Suite 1539, Montreal, QC, CAN, H3B 2V6

Website https://www.strategic-res.com

Strategic Resources Inc is a mineral exploration and development company engaged in the acquisition, exploration, and development of vanadium, metallic iron, and critical minerals. The company has assets in two mining jurisdictions, including the BlackRock Vanadium-Titanium-Iron Project in Chibougamau, Quebec, where it is developing a mining property and pellet plant in Saguenay, Quebec. The company also holds the Mustavaara vanadium project in Finland. Strategic Resources supplies metallic iron for foundry and steel producers in North America and Europe.

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