TORXF (Torex Gold Resources) Inventory Turnover: 1.22 (As of Mar. 2026)

What is Torex Gold Resources Inventory Turnover?

Torex Gold Resources TORXF +5.31% 90 Inventory Turnover is 1.22 as of Mar. 2026. GuruFocus rates TORXF with a GF Score™ of 90/100 and a GF Value™ of $32.16 (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. Torex Gold Resources's Cost of Goods Sold for the three months ended in Mar. 2026 was $227 Mil. Torex Gold Resources's Average Total Inventories for the quarter that ended in Mar. 2026 was $187 Mil. Torex Gold Resources's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.22.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Torex Gold Resources's Days Inventory for the three months ended in Mar. 2026 was 75.07.

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. Torex Gold Resources's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.35.

Torex Gold Resources (OTCPK:TORXF) 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.

Torex Gold Resources'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
	=	186.5	/	226.7	*	365 / 4
	=	75.07

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.

Torex Gold Resources'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 )
	=	186.5	/	539.3
	=	0.35

* 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.

Torex Gold Resources Inventory Turnover Related Terms

Torex Gold Resources Inventory Turnover Historical Data

* Premium members only.

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

Torex Gold Resources Inventory Turnover Chart

Torex Gold Resources Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

Get a 7-Day Free Trial

4.50

4.64

4.86

4.68

3.93

Torex Gold Resources 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															0.62	0.89	1.09	1.13	1.22

90GF Score

Torex Gold Resources Inc TORXF

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

View Full Analysis

Torex Gold Resources Inventory Turnover Calculation

Torex Gold Resources'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 )
=	668.7	/ (	(150.1	+	190.5)	/	2 )
=	668.7	/	170.3
=	3.93

Torex Gold Resources'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 )
=	226.7	/ (	(190.5	+	182.5)	/	2 )
=	226.7	/	186.5
=	1.22

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 1.22 mean?

Torex Gold Resources (TORXF) has a Inventory Turnover of 1.22 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Torex Gold Resources and its competitors.

Is Torex Gold Resources' Inventory Turnover too high?

Torex Gold Resources' current Inventory Turnover is 1.22. Overall, Torex Gold Resources has a GF Score™ of 90/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Torex Gold Resources' Inventory Turnover compare to NEM and AU?

Torex Gold Resources' Inventory Turnover of 1.22 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 Torex Gold Resources and its competitors. Torex Gold Resources's current Inventory Turnover is 1.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Torex Gold Resources stock overvalued right now?

Based on GuruFocus' analysis, Torex Gold Resources (TORXF) is currently considered Significantly Overvalued. The stock's GF Value™ is $32.16, compared to a current price of $42.02 — trading 30.7% above its estimated fair value. The current Inventory Turnover is 1.22. Torex Gold Resources' overall GF Score™ is 90/100 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 Torex Gold Resources (TORXF), the current Inventory Turnover is 1.22 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 Torex Gold Resources (TORXF) Overvalued in 2026?

Based on GuruFocus' analysis, Torex Gold Resources stock appears to be overvalued. The current stock price of $42.02 is trading 30.7% above its estimated GF Value™ of $32.16. GuruFocus considers Torex Gold Resources to be Significantly Overvalued.

Key valuation signals for TORXF:

Inventory Turnover: 1.22
GF Value™: $32.16 vs. price of $42.02 (30.7% above fair value)
GF Score™: 90/100 with 2 warning signs

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

Torex Gold Resources Business Description

Industry Basic Materials Metals & Mining

Comparable Companies TSX:KNT TSX:OLA TSX:CG TSX:ARIS TSX:MAU TSX:AAUC TSX:SEA TSX:NG TSX:FVI TSX:WDO NEM SHSE:601899 TSX:AEM TSX:ABX TSX:WPM TSX:FNV AU HKSE:02259 JSE:GFI TSX:K

Other Exchanges TXG1N:Mexico 0VL5:UK 73GN:Germany TXG:Canada

Address 130 King Street West, Suite 740, Exchange Tower, Toronto, ON, CAN, M5X 2A2

Website https://www.torexgold.com

Torex Gold Resources Inc is a Canadian mining company engaged in the exploration, development, and production of gold, copper, and silver from its flagship Morelos Complex in Guerrero, Mexico. It also owns the Los Reyes gold-silver project in Sinaloa, Mexico, and has acquired a portfolio of early-stage exploration properties, including the Batopilas and Guigui projects in Chihuahua, Mexico, and the Gryphon and Medicine Springs projects in Nevada, USA. The majority of the company's revenue is generated from the sale of gold, followed by silver and copper.

90GF Score

Get the complete analysis for TORXF

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

$42.02

Price

$32.16

GF Value

View TORXF Analysis

See Inventory Turnover data for all stocks →