Sociedad Minera Corona (LIM:MINCORC1) Inventory Turnover: 11.12 (As of Dec. 2024)

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LIM:MINCORC1 Sociedad Minera Corona SA LIM:MINCORC1
46 GF Score
Price S/.40.50
GF Value S/.13.70
! 4 Warning Signs
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What is Sociedad Minera Corona Inventory Turnover?

Sociedad Minera Corona LIM:MINCORC1 46 Inventory Turnover is 11.12 as of Dec. 2024. GuruFocus rates LIM:MINCORC1 with a GF Score™ of 46/100 and a GF Value™ of S/.13.70. 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. Sociedad Minera Corona's Cost of Goods Sold for the six months ended in Dec. 2024 was S/.388.9 Mil. Sociedad Minera Corona's Average Total Inventories for the quarter that ended in Dec. 2024 was S/.35.0 Mil. Sociedad Minera Corona's Inventory Turnover for the quarter that ended in Dec. 2024 was 11.12.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Sociedad Minera Corona's Days Inventory for the six months ended in Dec. 2024 was 16.41.

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. Sociedad Minera Corona's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.08.


Sociedad Minera Corona  (LIM:MINCORC1) 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.

Sociedad Minera Corona's Days Inventory for the six months ended in Dec. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=34.976/388.901*365 / 2
=16.41

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.

Sociedad Minera Corona's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2024 ) / Revenue (Q: Dec. 2024 )
=34.976 / 426.703
=0.08

* 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.


Sociedad Minera Corona Inventory Turnover Related Terms


Sociedad Minera Corona Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Sociedad Minera Corona'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.

Sociedad Minera Corona Inventory Turnover Chart

Sociedad Minera Corona Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only 6.42 7.43 7.30 7.56 11.12

Sociedad Minera Corona Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Inventory Turnover Get a 7-Day Free Trial Premium Member Only 6.42 7.43 7.30 7.56 11.12
LIM:MINCORC1
46GF Score
Sociedad Minera Corona SA LIM:MINCORC1
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Sociedad Minera Corona Inventory Turnover Calculation

Sociedad Minera Corona's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Inventory Turnover (A: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2024 ) / ((Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count )
=388.901 / ((41.79 + 28.162) / 2 )
=388.901 / 34.976
=11.12

Sociedad Minera Corona's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover (Q: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Dec. 2024 ) / ((Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Dec. 2024 )) / count )
=388.901 / ((41.79 + 28.162) / 2 )
=388.901 / 34.976
=11.12

* 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 11.12 mean?
Sociedad Minera Corona (LIM:MINCORC1) has a Inventory Turnover of 11.12 as of Dec. 2024. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Sociedad Minera Corona and its competitors.
Is Sociedad Minera Corona's Inventory Turnover too high?
Sociedad Minera Corona's current Inventory Turnover is 11.12. Overall, Sociedad Minera Corona has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Sociedad Minera Corona's Inventory Turnover compare to competitors?
Sociedad Minera Corona's Inventory Turnover of 11.12 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 Sociedad Minera Corona and its competitors. Sociedad Minera Corona's current Inventory Turnover is 11.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sociedad Minera Corona stock overvalued right now?
Sociedad Minera Corona (LIM:MINCORC1) has a current Inventory Turnover of 11.12. The stock's GF Value™ is S/.13.70, compared to a current price of S/.40.50 — trading 195.6% above its estimated fair value. The current Inventory Turnover is 11.12. Sociedad Minera Corona's overall GF Score™ is 46/100 with 4 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 Sociedad Minera Corona (LIM:MINCORC1), the current Inventory Turnover is 11.12 as of Dec. 2024. 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 Sociedad Minera Corona (LIM:MINCORC1) Overvalued in 2026?

Based on GuruFocus' analysis, Sociedad Minera Corona stock appears to be overvalued. The current stock price of S/.40.50 is trading 195.6% above its estimated GF Value™ of S/.13.70.

Key valuation signals for LIM:MINCORC1:

  • Inventory Turnover: 11.12
  • GF Value™: S/.13.70 vs. price of S/.40.50 (195.6% above fair value)
  • GF Score™: 46/100 with 4 warning signs

No single metric tells the full story. See the LIM:MINCORC1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Sociedad Minera Corona Business Description

Other Exchanges MINCORI1:Peru
Address Av. Pedro de Osma Nro. 450, Barranco, Lima, PER
Sociedad Minera Corona SA explores and extracts minerals to produce copper concentrates, silver, lead, and zinc. The company has two production unit namely Yauricocha, located in the department of Lima province of Yauyos and Carolina, located in the department of Cajamarca province of Hualgayoc.
46GF Score

Get the complete analysis for LIM:MINCORC1

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

S/.40.50
Price
S/.13.70
GF Value