Monument Mining (TSXV:MMY) Inventory Turnover: 1.27 (As of Mar. 2026)

What is Monument Mining Inventory Turnover?

Monument Mining TSXV:MMY 79 Inventory Turnover is 1.27 as of Mar. 2026. GuruFocus rates TSXV:MMY with a GF Score™ of 79/100 and a GF Value™ of C$1.10 (Modestly Undervalued).

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. Monument Mining's Cost of Goods Sold for the three months ended in Mar. 2026 was C$20.0 Mil. Monument Mining's Average Total Inventories for the quarter that ended in Mar. 2026 was C$15.7 Mil. Monument Mining's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.27.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Monument Mining's Days Inventory for the three months ended in Mar. 2026 was 71.90.

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. Monument Mining's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.24.

Monument Mining (TSXV:MMY) 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.

Monument Mining'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
	=	15.748	/	19.985	*	365 / 4
	=	71.90

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.

Monument Mining'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 )
	=	15.748	/	64.538
	=	0.24

* 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.

Monument Mining Inventory Turnover Related Terms

Monument Mining Inventory Turnover Historical Data

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The historical data trend for Monument Mining's Inventory Turnover can be seen below:

Monument Mining Inventory Turnover Chart

Monument Mining Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Jun25

Inventory Turnover

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1.02

1.04

0.95

2.35

2.75

Monument Mining 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															0.58	0.80	0.84	1.51	1.27

79GF Score

Monument Mining Ltd TSXV:MMY

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Monument Mining Inventory Turnover Calculation

Monument Mining's Inventory Turnover for the fiscal year that ended in Jun. 2025 is calculated as

	Inventory Turnover (A: Jun. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jun. 2025 )	/ (	(Total Inventories (A: Jun. 2024 )	+	Total Inventories (A: Jun. 2025 ))	/	count )
=	45.825	/ (	(17.483	+	15.877)	/	2 )
=	45.825	/	16.68
=	2.75

Monument Mining'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 )
=	19.985	/ (	(15.457	+	16.039)	/	2 )
=	19.985	/	15.748
=	1.27

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 1.27 mean?

Monument Mining (TSXV:MMY) has a Inventory Turnover of 1.27 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Monument Mining and its competitors.

Is Monument Mining's Inventory Turnover too high?

Monument Mining's current Inventory Turnover is 1.27. Overall, Monument Mining has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Monument Mining's Inventory Turnover compare to NEM and AU?

Monument Mining's Inventory Turnover of 1.27 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 Monument Mining and its competitors. Monument Mining's current Inventory Turnover is 1.27. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Monument Mining stock overvalued right now?

Based on GuruFocus' analysis, Monument Mining (TSXV:MMY) is currently considered Modestly Undervalued. The stock's GF Value™ is C$1.10, compared to a current price of C$0.79 — trading 28.2% below its estimated fair value. The current Inventory Turnover is 1.27. Monument Mining's overall GF Score™ is 79/100. 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 Monument Mining (TSXV:MMY), the current Inventory Turnover is 1.27 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 Monument Mining (TSXV:MMY) Overvalued in 2026?

Based on GuruFocus' analysis, Monument Mining stock appears to be undervalued. The current stock price of C$0.79 is trading 28.2% below its estimated GF Value™ of C$1.10. GuruFocus considers Monument Mining to be Modestly Undervalued.

Key valuation signals for TSXV:MMY:

Inventory Turnover: 1.27
GF Value™: C$1.10 vs. price of C$0.79 (28.2% below fair value)
GF Score™: 79/100

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

Monument Mining Business Description

Industry Basic Materials Metals & Mining

Comparable Companies TSX:GOLD TSXV:MACK TSXV:CBR TSXV:GAL TSXV:TECT TSXV:WRLG TSXV:NEXG TSX:TSK TSXV:TNGD TSX:STGO NEM SHSE:601899 TSX:AEM TSX:ABX TSX:WPM TSX:FNV AU HKSE:02259 JSE:GFI TSX:K

Other Exchanges MMTMF:USA D7Q1:Germany

Address 1100 Melville Street, Suite 1580, Vancouver, BC, CAN, V6E 4A6

Website https://www.monumentmining.com

Monument Mining Ltd is a Vancouver-based gold producer focused on the operation, acquisition, exploration, and development of precious metals, mainly gold. The Company operates through three main segments: Mine Operation (gold), Exploration and Evaluation (gold), and Corporate. Its mining operations are located in Malaysia, while its exploration and evaluation activities take place in both Malaysia and Australia. The corporate head office is the final reportable operating segment. The Selinsing gold portfolio includes the Selinsing, Buffalo Reef, Felda Land, and Famehub properties in Pahang State, Malaysia. In Western Australia, the Company manages the Murchison Gold Projects, which consist of the Burnakura, Gabanintha, and Tuckanarra properties.

79GF Score

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C$0.79

Price

C$1.10

GF Value

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