Austral Gold (TSXV:AGLD) Inventory Turnover : 2.14 (As of Dec. 2024)

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What is Austral 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. Austral Gold's Cost of Goods Sold for the six months ended in Dec. 2024 was C$24.95 Mil. Austral Gold's Average Total Inventories for the quarter that ended in Dec. 2024 was C$11.66 Mil. Austral Gold's Inventory Turnover for the quarter that ended in Dec. 2024 was 2.14.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Austral Gold's Days Inventory for the six months ended in Dec. 2024 was 85.28.

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. Austral Gold's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.46.

Austral Gold Inventory Turnover Historical Data

The historical data trend for Austral 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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Austral Gold Inventory Turnover Chart

Austral Gold Annual Data

Trend

Jun15

Jun16

Jun17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Inventory Turnover

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2.67

3.15

4.17

5.03

3.36

Austral Gold Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Inventory Turnover	Get a 7-Day Free Trial															2.67	1.65	3.35	1.43	2.14

Austral Gold Inventory Turnover Calculation

Austral 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 )
=	42.731	/ (	(13.012	+	12.401)	/	2 )
=	42.731	/	12.7065
=	3.36

Austral Gold's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

	Inventory Turnover (Q: Dec. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2024 )	/ (	(Total Inventories (Q: Jun. 2024 )	+	Total Inventories (Q: Dec. 2024 ))	/	count )
=	24.952	/ (	(10.919	+	12.401)	/	2 )
=	24.952	/	11.66
=	2.14

Austral Gold (TSXV:AGLD) 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.

Austral Gold's Days Inventory for the six months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	11.66	/	24.952	*	365 / 2
	=	85.28

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.

Austral Gold's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	11.66	/	25.24
	=	0.46

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.

Austral Gold Inventory Turnover Related Terms

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Austral Gold Business Description

Industry

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AGLDF:USA AGD:Australia

Address

126 Phillip Street, Level 5, Sydney, NSW, AUS, 2000

Website

https://www.australgold.com

Austral Gold Ltd is a precious metals mining and exploration company. It is engaged in the exploration and evaluation of mineral properties, gold, and silver production. The company has two operating segments, Guanaco/Amancaya which is based in Chile, and Casposo which is based in Argentina. The company generates the majority of its revenue from the Guanaco/Amancaya segment, particularly from Gold sales. The company exploration project includes Triassic Choiyoi Belt, Indio Belt, Deseado Massif.

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