Panoro Minerals (Panoro Minerals) Inventory Turnover : 0.00 (As of Dec. 2023)

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What is Panoro Minerals 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. Panoro Minerals's Cost of Goods Sold for the three months ended in Dec. 2023 was $0.04 Mil. Panoro Minerals's Average Total Inventories for the quarter that ended in Dec. 2023 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Panoro Minerals's Days Inventory for the three months ended in Dec. 2023 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.

Panoro Minerals Inventory Turnover Historical Data

The historical data trend for Panoro Minerals'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.

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Panoro Minerals Inventory Turnover Chart

Panoro Minerals Annual Data

Trend

Dec14

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Dec23

Inventory Turnover

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Panoro Minerals Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Panoro Minerals Inventory Turnover Calculation

Panoro Minerals'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 )
=	0.093	/ (	(0	+	0)	/	1 )
=	0.093	/	0
=	N/A

Panoro Minerals's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	0.042	/ (	(0	+	0)	/	1 )
=	0.042	/	0
=	N/A

Panoro Minerals (OTCPK:POROF) 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.

Panoro Minerals's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	0	/	0.042	*	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.

Panoro Minerals's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	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.

Panoro Minerals Inventory Turnover Related Terms

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Panoro Minerals (Panoro Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Panoro Minerals Ltd (OTCPK:POROF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

PML:Peru PZM:Germany PML:Canada

Address

505 Burrard Street, Suite 480, One Bentall Centre, Vancouver, BC, CAN, V7X 1M3

Website

https://www.panoro.com

Panoro Minerals Ltd is a Canada-based exploration stage company engaged in the exploration and acquisition of mineral properties. The organization has one operating segment, Mineral exploration. The company's projects include Antilla, Cotabambas, and others. All of the company's exploration and evaluation assets are located in Peru.

Panoro Minerals (Panoro Minerals) Headlines

From GuruFocus

Panoro Minerals Announces Receipt of Early Deposit Payment from Wheaton Precious Metals for the Cotabambas Project, Peru

By GlobeNewswire GlobeNewswire • 04-01-2020

Panoro Minerals Ltd. to Webcast Live at VirtualInvestorConferences.com October 22nd

By PRNewswire PRNewswire • 10-19-2020

Panoro Minerals Announces Exploration Plans for Humamantata Copper Project, Peru

By GlobeNewswire GlobeNewswire • 01-20-2020