GORO (Gold Resource) Inventory Turnover: 2.93 (As of Mar. 2026)

What is Gold Resource Inventory Turnover?

Gold Resource GORO +3.25% 46 Inventory Turnover is 2.93 as of Mar. 2026. GuruFocus rates GORO with a GF Score™ of 46/100 and a GF Value™ of $0.40 (Significantly Overvalued). The stock has 2 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. Gold Resource's Cost of Goods Sold for the three months ended in Mar. 2026 was $24.9 Mil. Gold Resource's Average Total Inventories for the quarter that ended in Mar. 2026 was $8.5 Mil. Gold Resource's Inventory Turnover for the quarter that ended in Mar. 2026 was 2.93.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Gold Resource's Days Inventory for the three months ended in Mar. 2026 was 31.10.

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. Gold Resource's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.19.

Gold Resource (AMEX:GORO) 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.

Gold Resource'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
	=	8.4865	/	24.898	*	365 / 4
	=	31.10

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.

Gold Resource'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 )
	=	8.4865	/	43.943
	=	0.19

* 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.

Gold Resource Inventory Turnover Related Terms

Gold Resource Inventory Turnover Historical Data

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The historical data trend for Gold Resource's Inventory Turnover can be seen below:

Gold Resource Inventory Turnover Chart

Gold Resource Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

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8.69

9.13

9.03

10.62

9.62

Gold Resource 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															2.07	2.38	2.68	3.22	2.93

46GF Score

Gold Resource Corp GORO

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

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Gold Resource Inventory Turnover Calculation

Gold Resource'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 )
=	72.979	/ (	(6.94	+	8.234)	/	2 )
=	72.979	/	7.587
=	9.62

Gold Resource'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 )
=	24.898	/ (	(8.234	+	8.739)	/	2 )
=	24.898	/	8.4865
=	2.93

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 2.93 mean?

Gold Resource (GORO) has a Inventory Turnover of 2.93 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Gold Resource and its competitors.

Is Gold Resource's Inventory Turnover too high?

Gold Resource's current Inventory Turnover is 2.93. Overall, Gold Resource has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Gold Resource's Inventory Turnover compare to LODE and THMG?

Gold Resource's Inventory Turnover of 2.93 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 Gold Resource and its competitors. Gold Resource's current Inventory Turnover is 2.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Gold Resource stock overvalued right now?

Based on GuruFocus' analysis, Gold Resource (GORO) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.40, compared to a current price of $1.27 — trading 217.5% above its estimated fair value. The current Inventory Turnover is 2.93. Gold Resource's overall GF Score™ is 46/100 with 2 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 Gold Resource (GORO), the current Inventory Turnover is 2.93 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.

Is Gold Resource (GORO) Overvalued in 2026?

Based on GuruFocus' analysis, Gold Resource stock appears to be overvalued. The current stock price of $1.27 is trading 217.5% above its estimated GF Value™ of $0.40. GuruFocus considers Gold Resource to be Significantly Overvalued.

Key valuation signals for GORO:

Inventory Turnover: 2.93
GF Value™: $0.40 vs. price of $1.27 (217.5% above fair value)
GF Score™: 46/100 with 2 warning signs

No single metric tells the full story. See the GORO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Gold Resource Business Description

Industry Basic Materials Metals & Mining

Comparable Companies LODE THMG ACRG GRML SRGZ RITE DYNR GLNS PDIV NMEX LSE:FRES JSE:VAL ISX:AMMN HL JSE:IMP LIM:BUENAVC1 JSE:SSW TSX:TFPM TSX:CGG JSE:NPH

Other Exchanges 0IYS:UK GIH:Germany

Address 7900 East Union Avenue, Suite 320, Denver, CO, USA, 80237

Website https://www.goldresourcecorp.com

Gold Resource Corp is a producer of metal concentrates that contain gold, silver, copper, lead, and zinc in Oaxaca, Mexico. . It targets low capital expenditure projects with the potential for generating high returns on capital. The company's two pipeline projects are; Don David Gold at Oaxaca, Mexico, and Back Forty at Michigan, United States of America. The Company has two reporting segments, based on geographic regions. Oaxaca, Mexico represents the Companies only operating segment with a production stage property. The Companies other reporting segment is Michigan, U.S.A., with an exploration stage property.

46GF Score

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$1.27

Price

$0.40

GF Value

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