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Galleon Gold (Galleon Gold) Inventory Turnover : 0.00 (As of Feb. 2024)


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What is Galleon Gold 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. Galleon Gold's Cost of Goods Sold for the three months ended in Feb. 2024 was $0.00 Mil. Galleon Gold's Average Total Inventories for the quarter that ended in Feb. 2024 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Galleon Gold's Days Inventory for the three months ended in Feb. 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.


Galleon Gold Inventory Turnover Historical Data

The historical data trend for Galleon 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.

* Premium members only.

Galleon Gold Inventory Turnover Chart

Galleon Gold Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Galleon Gold Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 - - 0.02 0.02 -

Galleon Gold Inventory Turnover Calculation

Galleon Gold's Inventory Turnover for the fiscal year that ended in Nov. 2023 is calculated as

Inventory Turnover (A: Nov. 2023 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Nov. 2023 ) / ((Total Inventories (A: Nov. 2022 ) + Total Inventories (A: Nov. 2023 )) / count )
=0.023 / ((0 + 0) / 1 )
=0.023 / 0
=N/A

Galleon Gold's Inventory Turnover for the quarter that ended in Feb. 2024 is calculated as

Inventory Turnover (Q: Feb. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Feb. 2024 ) / ((Total Inventories (Q: Nov. 2023 ) + Total Inventories (Q: Feb. 2024 )) / count )
=0.004 / ((0 + 0) / 1 )
=0.004 / 0
=N/A

* 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.


Galleon Gold  (OTCPK:PNCKF) 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.

Galleon Gold's Days Inventory for the three months ended in Feb. 2024 is calculated as:

Days Inventory =Average Total Inventories (Q: Feb. 2024 )/Cost of Goods Sold (Q: Feb. 2024 )*Days in Period
=0/0.004*365 / 4
=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.

Galleon Gold's Inventory to Revenue for the quarter that ended in Feb. 2024 is calculated as

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

* 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.


Galleon Gold Inventory Turnover Related Terms

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Galleon Gold (Galleon Gold) Business Description

Traded in Other Exchanges
Address
161 Bay Street, 27th Floor, Suite 2700, PO Box 508, TD Canada Trust Tower, Toronto, ON, CAN, M5J 2S1
Galleon Gold Corp is principally engaged in the business of acquiring, exploring, and developing mineral properties in Canada and the United States, those containing gold, silver, platinum group elements (PGEs), copper, nickel, and associated base and precious metals. Its projects include West Cache Gold, Ontario, Neal, Idaho, USA, Chester, New Brunswick, and Other properties in Canada. Its properties are located in two geographical areas, Canada, and the United States of America, and the majority of the revenue comes from Canada.
Executives
J Jay Jaski director, officer: Chairman, CEO 95 WELLINGTON STREET W SUITE 900, PO BOX 28, TORONTO A6 M5J 2N7
Harry Jeffrey Blum director 20 EGLINTON AVE W STE 2100, PO BOX 2014, TORONTO A6 M4R 1K8
William Stearns Vaughan director 5655 SOUTH YOSEMITE STREET, SUITE 200, GREENWOOD VILLAGE CO 80111
James A Richardson officer: Chief Financial Officer 228 WALMER ROAD, TORONTO A6 M5R 3R7
Hull Consulting Services Ltd. officer: Chief Operation Officer 5511 WICKLOW DRIVE, OTTAWA A6 K4M 1C4
David Robert Mcpherson director 75 OCTOBER DRIVE, ST CATHERINES A6 Z2N 6J4
Robert David Russell director 5655 SOUTH YOSEMITE STREET, SUITE 200, GREENWOOD VILLAGE CO 80111
Rodney Alan Blakestad director 1602 W. PLACITA SIN NIEVE, SAHUARITA AZ 85629
Gerald G Carlson director
Robert Angrisano director, 10 percent owner, officer: President
Monty D Moore director, 10 percent owner, officer: Chairman & CEO
Edward H Waale director
Michael W Sharon director
Stuart Havenstrite director 8111 MASO DRIVE, SANDY UT 84093
Nevada Star Resource Corp director 161 BAY STREET, 27TH FLOOR, PO BOX 508, TORONTO A6 M5J 2S1

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