Eldorado Gold (MEX:EGO N) Inventory Turnover: 0.78 (As of Mar. 2026)

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MEX:EGO N Eldorado Gold Corp MEX:EGO N
92 GF Score
Price MXN338.00
GF Value MXN352.71
! 2 Warning Signs
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What is Eldorado Gold Inventory Turnover?

Eldorado Gold MEX:EGO N 92 Inventory Turnover is 0.78 as of Mar. 2026. GuruFocus rates MEX:EGO N with a GF Score™ of 92/100 and a GF Value™ of MXN352.71. 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. Eldorado Gold's Cost of Goods Sold for the three months ended in Mar. 2026 was MXN4,368 Mil. Eldorado Gold's Average Total Inventories for the quarter that ended in Mar. 2026 was MXN5,625 Mil. Eldorado Gold's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.78.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Eldorado Gold's Days Inventory for the three months ended in Mar. 2026 was 117.53.

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. Eldorado Gold's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.59.


Eldorado Gold  (MEX:EGO N) 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.

Eldorado Gold'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
=5625.4005/4367.646*365 / 4
=117.53

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.

Eldorado Gold'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 )
=5625.4005 / 9601.114
=0.59

* 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.


Eldorado Gold Inventory Turnover Related Terms


Eldorado Gold Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Eldorado 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.

Eldorado Gold Inventory Turnover Chart

Eldorado Gold Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.86 3.62 3.19 3.46 3.02

Eldorado Gold 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.74 0.77 0.77 0.92 0.78
MEX:EGO N
92GF Score
Eldorado Gold Corp MEX:EGO N
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Eldorado Gold Inventory Turnover Calculation

Eldorado Gold'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 )
=16856.649 / ((5818.636 + 5350.664) / 2 )
=16856.649 / 5584.65
=3.02

Eldorado Gold'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 )
=4367.646 / ((5350.664 + 5900.137) / 2 )
=4367.646 / 5625.4005
=0.78

* 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 0.78 mean?
Eldorado Gold (MEX:EGO N) has a Inventory Turnover of 0.78 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Eldorado Gold and its competitors.
Is Eldorado Gold's Inventory Turnover too high?
Eldorado Gold's current Inventory Turnover is 0.78. Overall, Eldorado Gold has a GF Score™ of 92/100, reflecting its overall financial health beyond just this single metric.
How does Eldorado Gold's Inventory Turnover compare to NEM and AU?
Eldorado Gold's Inventory Turnover of 0.78 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 Eldorado Gold and its competitors. Eldorado Gold's current Inventory Turnover is 0.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eldorado Gold stock overvalued right now?
Eldorado Gold (MEX:EGO N) has a current Inventory Turnover of 0.78. The stock's GF Value™ is MXN352.71, compared to a current price of MXN338.00 — trading 4.2% below its estimated fair value. The current Inventory Turnover is 0.78. Eldorado Gold's overall GF Score™ is 92/100 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 Eldorado Gold (MEX:EGO N), the current Inventory Turnover is 0.78 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 Eldorado Gold (MEX:EGO N) Overvalued in 2026?

Based on GuruFocus' analysis, Eldorado Gold stock appears to be undervalued. The current stock price of MXN338.00 is trading 4.2% below its estimated GF Value™ of MXN352.71.

Key valuation signals for MEX:EGO N:

  • Inventory Turnover: 0.78
  • GF Value™: MXN352.71 vs. price of MXN338.00 (4.2% below fair value)
  • GF Score™: 92/100 with 2 warning signs

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


Eldorado Gold Business Description

Address 550 Burrard Street, Suite 1188, Vancouver, BC, CAN, V6C 2B5
Eldorado Gold Corp is a gold and base metals producer with mining, development, and exploration operations in Turkey, Canada, and Greece. It has a portfolio of high-quality assets and long-term partnerships with local communities. Some of its projects include Kisladag, Efemcukuru, Skouries; Perama Hill, and Certej projects. It has three geographical segments: The Turkiye reporting segment includes the Kisladag and the Efemcukuru mines and exploration activities in Turkiye. The Canada reporting segment that derives maximum revenue, includes Lamaque and exploration activities in Canada. The Greece reporting segment includes the Olympias mine, the Skouries and Perama Hill projects and exploration activities in Greece.
92GF Score

Get the complete analysis for MEX:EGO N

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

MXN338.00
Price
MXN352.71
GF Value