East Star Resources (LSE:EST) Inventory Turnover : 0.00 (As of Jun. 2024)

View and export this data going back to 2021. Start your Free Trial

What is East Star Resources 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. East Star Resources's Cost of Goods Sold for the six months ended in Jun. 2024 was £0.09 Mil. East Star Resources's Average Total Inventories for the quarter that ended in Jun. 2024 was £0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. East Star Resources's Days Inventory for the six months ended in Jun. 2024 was 0.00.

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.

East Star Resources Inventory Turnover Historical Data

The historical data trend for East Star Resources'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.

* Premium members only.

East Star Resources Inventory Turnover Chart

East Star Resources Annual Data

Trend

Nov21

Dec22

Dec23

Inventory Turnover

East Star Resources Semi-Annual Data
	May21	Nov21	May22	Dec22	Jun23	Dec23	Jun24
Inventory Turnover	Get a 7-Day Free Trial			-	-	-	-	-

East Star Resources Inventory Turnover Calculation

East Star Resources's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	0.055	/ (	(0	+	0)	/	1 )
=	0.055	/	0
=	N/A

East Star Resources's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

	Inventory Turnover (Q: Jun. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2024 )	/ (	(Total Inventories (Q: Dec. 2023 )	+	Total Inventories (Q: Jun. 2024 ))	/	count )
=	0.09	/ (	(0	+	0)	/	1 )
=	0.09	/	0
=	N/A

East Star Resources (LSE:EST) 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.

East Star Resources's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	0	/	0.09	*	365 / 2
	=	0.00

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.

East Star Resources's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	0	/	0
	=

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.

East Star Resources Inventory Turnover Related Terms

Thank you for viewing the detailed overview of East Star Resources's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.

East Star Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » East Star Resources PLC (LSE:EST) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

5MM:Germany

Address

25 Eccleston Place, Eccleston Yards, London, GBR, SW1W 9NF

Website

https://www.eaststarplc.com

East Star Resources PLC is exploring gold, copper, and rare earths in Kazakhstan. The principal activity of the Company is of identifying potential companies, businesses or asset/(s) that have operations in the natural resources exploration, development, and production sector.

East Star Resources Headlines

No Headlines