Denison Mines (TSX:DML) Inventory Turnover: 0.11 (As of Mar. 2026)

What is Denison Mines Inventory Turnover?

Denison Mines TSX:DML +3.91% 62 Inventory Turnover is 0.11 as of Mar. 2026. GuruFocus rates TSX:DML with a GF Score™ of 62/100 and a GF Value™ of C$2.65 (Significantly Overvalued). The stock has 8 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. Denison Mines's Cost of Goods Sold for the three months ended in Mar. 2026 was C$1.46 Mil. Denison Mines's Average Total Inventories for the quarter that ended in Mar. 2026 was C$12.69 Mil. Denison Mines's Inventory Turnover for the quarter that ended in Mar. 2026 was 0.11.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Denison Mines's Days Inventory for the three months ended in Mar. 2026 was 793.73.

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. Denison Mines's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 11.47.

Denison Mines (TSX:DML) 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.

Denison Mines'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
	=	12.691	/	1.459	*	365 / 4
	=	793.73

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.

Denison Mines'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 )
	=	12.691	/	1.106
	=	11.47

* 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.

Denison Mines Inventory Turnover Related Terms

Denison Mines Inventory Turnover Historical Data

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The historical data trend for Denison Mines's Inventory Turnover can be seen below:

Denison Mines Inventory Turnover Chart

Denison Mines Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

Inventory Turnover

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3.90

1.67

1.18

0.00

Denison Mines 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															0.00	0.00	0.00	0.00	0.11

62GF Score

Denison Mines Corp TSX:DML

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Denison Mines Inventory Turnover Calculation

Denison Mines'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 )
=	0	/ (	(3.746	+	12.267)	/	2 )
=	0	/	8.0065
=	0.00

Denison Mines'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 )
=	1.459	/ (	(12.267	+	13.115)	/	2 )
=	1.459	/	12.691
=	0.11

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.11 mean?

Denison Mines (TSX:DML) has a Inventory Turnover of 0.11 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Denison Mines and its competitors.

Is Denison Mines' Inventory Turnover too high?

Denison Mines' current Inventory Turnover is 0.11. Overall, Denison Mines has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Denison Mines' Inventory Turnover compare to UEC and LEU?

Denison Mines' Inventory Turnover of 0.11 can be compared against companies in the Other Energy Sources 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 an Other Energy Sources company?

A good Inventory Turnover depends on the Other Energy Sources 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 Denison Mines and its competitors. Denison Mines's current Inventory Turnover is 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Denison Mines stock overvalued right now?

Based on GuruFocus' analysis, Denison Mines (TSX:DML) is currently considered Significantly Overvalued. The stock's GF Value™ is C$2.65, compared to a current price of C$4.52 — trading 70.6% above its estimated fair value. The current Inventory Turnover is 0.11. Denison Mines' overall GF Score™ is 62/100 with 8 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 Denison Mines (TSX:DML), the current Inventory Turnover is 0.11 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 Denison Mines (TSX:DML) Overvalued in 2026?

Based on GuruFocus' analysis, Denison Mines stock appears to be overvalued. The current stock price of C$4.52 is trading 70.6% above its estimated GF Value™ of C$2.65. GuruFocus considers Denison Mines to be Significantly Overvalued.

Key valuation signals for TSX:DML:

Inventory Turnover: 0.11
GF Value™: C$2.65 vs. price of C$4.52 (70.6% above fair value)
GF Score™: 62/100 with 8 warning signs

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

Denison Mines Business Description

Industry Energy Other Energy Sources

Comparable Companies TSX:EFR TSX:ISO TSX:URE TSX:U.U TSX:URC TSXV:EU TSXV:SASK TSX:MGA TSX:LAM TSXV:AEC TSX:CCO SZSE:001280 XKAZ:KZAP TSX:NXE UEC LEU ASX:PDN HKSE:01164 LSE:YCA ASX:DYL

Other Exchanges DNN:USA 0URY:UK IUQ:Germany

Address 40 University Avenue, Suite 1100, Toronto, ON, CAN, M5J 1T1

Website https://www.denisonmines.com

Denison Mines Corp is engaged in uranium mining-related activities, including the acquisition, exploration, development, and mining of uranium-bearing properties, as well as the processing, sale, and investment in uranium. The company's key properties include Wheeler River, Waterbury Lake, McClean Lake, Midwest, and others. It operates through two segments: the Mining segment and the Corporate and Other segment. The majority of the company's revenue is generated from the Mining segment, which includes activities related to exploration, evaluation, and development, mining, milling (including toll milling), and the sale of mineral concentrates.

62GF Score

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C$4.52

Price

C$2.65

GF Value

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