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Allied Gold (TSX:AAUC) Inventory Turnover : 1.68 (As of Mar. 2025)


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What is Allied 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. Allied Gold's Cost of Goods Sold for the three months ended in Mar. 2025 was C$326 Mil. Allied Gold's Average Total Inventories for the quarter that ended in Mar. 2025 was C$194 Mil. Allied Gold's Inventory Turnover for the quarter that ended in Mar. 2025 was 1.68.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Allied Gold's Days Inventory for the three months ended in Mar. 2025 was 54.46.

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. Allied Gold's Inventory-to-Revenue for the quarter that ended in Mar. 2025 was 0.39.


Allied Gold Inventory Turnover Historical Data

The historical data trend for Allied 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.

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Allied Gold Inventory Turnover Chart

Allied Gold Annual Data
Trend Dec22 Dec23 Dec24
Inventory Turnover
8.53 7.19 4.11

Allied Gold Quarterly Data
Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.53 1.40 1.26 0.76 1.68

Allied Gold Inventory Turnover Calculation

Allied Gold's Inventory Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Inventory Turnover (A: Dec. 2024 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2024 ) / ((Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count )
=726.808 / ((118.882 + 234.875) / 2 )
=726.808 / 176.8785
=4.11

Allied Gold's Inventory Turnover for the quarter that ended in Mar. 2025 is calculated as

Inventory Turnover (Q: Mar. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Mar. 2025 ) / ((Total Inventories (Q: Dec. 2024 ) + Total Inventories (Q: Mar. 2025 )) / count )
=325.521 / ((234.875 + 153.667) / 2 )
=325.521 / 194.271
=1.68

* 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.


Allied Gold  (TSX:AAUC) 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.

Allied Gold's Days Inventory for the three months ended in Mar. 2025 is calculated as:

Days Inventory =Average Total Inventories (Q: Mar. 2025 )/Cost of Goods Sold (Q: Mar. 2025 )*Days in Period
=194.271/325.521*365 / 4
=54.46

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.

Allied Gold's Inventory to Revenue for the quarter that ended in Mar. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2025 ) / Revenue (Q: Mar. 2025 )
=194.271 / 497.302
=0.39

* 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.


Allied Gold Inventory Turnover Related Terms

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Allied Gold Business Description

Traded in Other Exchanges
Address
200 Bay Street, Suite 2200, Royal Bank Plaza, North Towe, Toronto, ON, CAN, M5J2J3
Allied Gold Corp is a company focused on gold mining activities in Africa. Allied has three mines and several development and exploration projects in Africa where it has operating experience. Operations are located in Cote d'Ivoire, Mali, and Ethiopia. The company expands and optimizes initiatives at existing operating mines, the development of new mines, the advancement of its exploration properties, and, targeting other consolidation opportunities with a focus on Africa.
Executives
Gwennael Rene Joseph Guillen Senior Officer
Junior John Jennings Beardsworth Director
Peter Marrone Director, Senior Officer
Gerardo Fernandez-tobar Senior Officer
Gregory Charles Winch Senior Officer
Sofia Tsakos Senior Officer
Daniel Racine Director, Senior Officer
Dirk Cornelius Swarts Maree Senior Officer
Pierre Chenard Director
Justin Michael Dibb Director

Allied Gold Headlines

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