Trevali Mining (Trevali Mining) Inventory Turnover : 1.43 (As of Jun. 2022)

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What is Trevali Mining 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. Trevali Mining's Cost of Goods Sold for the three months ended in Jun. 2022 was $52.7 Mil. Trevali Mining's Average Total Inventories for the quarter that ended in Jun. 2022 was $36.8 Mil. Trevali Mining's Inventory Turnover for the quarter that ended in Jun. 2022 was 1.43.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Trevali Mining's Days Inventory for the three months ended in Jun. 2022 was 63.60.

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. Trevali Mining's Inventory-to-Revenue for the quarter that ended in Jun. 2022 was 0.71.

Trevali Mining Inventory Turnover Historical Data

The historical data trend for Trevali Mining'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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Trevali Mining Inventory Turnover Chart

Trevali Mining Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Inventory Turnover

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6.63

5.01

6.60

4.35

6.58

Trevali Mining Quarterly Data
	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Inventory Turnover	Get a 7-Day Free Trial															1.76	1.71	0.85	2.05	1.43

Trevali Mining Inventory Turnover Calculation

Trevali Mining's Inventory Turnover for the fiscal year that ended in Dec. 2021 is calculated as

	Inventory Turnover (A: Dec. 2021 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2021 )	/ (	(Total Inventories (A: Dec. 2020 )	+	Total Inventories (A: Dec. 2021 ))	/	count )
=	252.939	/ (	(41.529	+	35.339)	/	2 )
=	252.939	/	38.434
=	6.58

Trevali Mining's Inventory Turnover for the quarter that ended in Jun. 2022 is calculated as

	Inventory Turnover (Q: Jun. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jun. 2022 )	/ (	(Total Inventories (Q: Mar. 2022 )	+	Total Inventories (Q: Jun. 2022 ))	/	count )
=	52.729	/ (	(38.28	+	35.226)	/	2 )
=	52.729	/	36.753
=	1.43

Trevali Mining (OTCPK:TREVQ) 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.

Trevali Mining's Days Inventory for the three months ended in Jun. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2022 )	/	Cost of Goods Sold (Q: Jun. 2022 )	*	Days in Period
	=	36.753	/	52.729	*	365 / 4
	=	63.60

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.

Trevali Mining's Inventory to Revenue for the quarter that ended in Jun. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2022 )	/	Revenue (Q: Jun. 2022 )
	=	36.753	/	52.04
	=	0.71

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.

Trevali Mining Inventory Turnover Related Terms

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Trevali Mining (Trevali Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Trevali Mining Corp (OTCPK:TREVQ) » Definitions » Inventory Turnover

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Address

999 West Hastings Street, Suite 1900, Vancouver, BC, CAN, V6C 2W2

Website

http://www.trevali.com

Trevali Mining Corp is a natural resource company engaged in the acquisition, exploration, development and production of mineral properties. Its operating segments are Perkoa mine (Burkina Faso), Rosh Pinah mine (Namibia) and Caribou mine (Canada). and Corporate and others. The company produces zinc concentrate from the Perkoa mine in Burkina Faso, and zinc and lead-silver concentrate from the Rosh Pinah mine in Namibia, the Caribou mine in New Brunswick and the Santander mine in Peru. Its revenue consists of zinc and lead-silver concentrate sales.