ORZCF (Orezone Gold) Inventory Turnover: 1.03 (As of Mar. 2026)

What is Orezone Gold Inventory Turnover?

Orezone Gold ORZCF -0.80% 28 Inventory Turnover is 1.03 as of Mar. 2026. GuruFocus rates ORZCF with a GF Score™ of 28/100 and a GF Value™ of $0.85 (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. Orezone Gold's Cost of Goods Sold for the three months ended in Mar. 2026 was $89.5 Mil. Orezone Gold's Average Total Inventories for the quarter that ended in Mar. 2026 was $86.6 Mil. Orezone Gold's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Orezone Gold's Days Inventory for the three months ended in Mar. 2026 was 88.30.

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. Orezone Gold's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.47.

Orezone Gold (OTCPK:ORZCF) 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.

Orezone 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
	=	86.583	/	89.475	*	365 / 4
	=	88.30

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.

Orezone 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 )
	=	86.583	/	185.938
	=	0.47

* 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.

Orezone Gold Inventory Turnover Related Terms

Orezone Gold Inventory Turnover Historical Data

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

Orezone Gold Inventory Turnover Chart

Orezone Gold Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

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0.00

4.09

13.21

12.53

5.57

Orezone 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															3.25	3.68	2.29	1.57	1.03

28GF Score

Orezone Gold Corp ORZCF

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

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Orezone Gold Inventory Turnover Calculation

Orezone 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 )
=	206.675	/ (	(12.793	+	61.398)	/	2 )
=	206.675	/	37.0955
=	5.57

Orezone 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 )
=	89.475	/ (	(61.398	+	111.768)	/	2 )
=	89.475	/	86.583
=	1.03

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 1.03 mean?

Orezone Gold (ORZCF) has a Inventory Turnover of 1.03 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Orezone Gold and its competitors.

Is Orezone Gold's Inventory Turnover too high?

Orezone Gold's current Inventory Turnover is 1.03. Overall, Orezone Gold has a GF Score™ of 28/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Orezone Gold's Inventory Turnover compare to NEM and AU?

Orezone Gold's Inventory Turnover of 1.03 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 Orezone Gold and its competitors. Orezone Gold's current Inventory Turnover is 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Orezone Gold stock overvalued right now?

Based on GuruFocus' analysis, Orezone Gold (ORZCF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.85, compared to a current price of $1.62 — trading 90% above its estimated fair value. The current Inventory Turnover is 1.03. Orezone Gold's overall GF Score™ is 28/100 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 Orezone Gold (ORZCF), the current Inventory Turnover is 1.03 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 Orezone Gold (ORZCF) Overvalued in 2026?

Based on GuruFocus' analysis, Orezone Gold stock appears to be overvalued. The current stock price of $1.62 is trading 90% above its estimated GF Value™ of $0.85. GuruFocus considers Orezone Gold to be Significantly Overvalued.

Key valuation signals for ORZCF:

Inventory Turnover: 1.03
GF Value™: $0.85 vs. price of $1.62 (90% above fair value)
GF Score™: 28/100 with 2 warning signs

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

Orezone Gold Business Description

Industry Basic Materials Metals & Mining

Comparable Companies TSXV:OMG TSX:HMMC TSX:RIO TSX:CNL TSX:IAU TSXV:ODV TSXV:GRZ TSX:FF TSX:SGD TSX:ATX NEM SHSE:601899 TSX:AEM TSX:ABX TSX:WPM TSX:FNV AU HKSE:02259 JSE:GFI TSX:K

Other Exchanges OEX0:Germany ORE:Canada ORE:Australia

Address 505 Burrard Street, Suite 450, Vancouver, BC, CAN, V7X 1M3

Website https://www.orezone.com

Orezone Gold Corp is a Canada-based gold mining company mainly engaged in the exploration and evaluation, and development of gold. The company operates the open pit Bombore Gold Mine in Burkina Faso. The company operates in the business segment of acquisition, exploration, and potential development of precious metal properties.

28GF Score

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$1.62

Price

$0.85

GF Value

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