Southstone Minerals (TSXV:SML) Inventory Turnover: 50.73 (As of Feb. 2026)


What is Southstone Minerals Inventory Turnover?

Southstone Minerals TSXV:SML Inventory Turnover is 50.73 as of Feb. 2026. The stock has 4 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. Southstone Minerals's Cost of Goods Sold for the three months ended in Feb. 2026 was C$4.46 Mil. Southstone Minerals's Average Total Inventories for the quarter that ended in Feb. 2026 was C$0.09 Mil. Southstone Minerals's Inventory Turnover for the quarter that ended in Feb. 2026 was 50.73.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Southstone Minerals's Days Inventory for the three months ended in Feb. 2026 was 1.80.

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. Southstone Minerals's Inventory-to-Revenue for the quarter that ended in Feb. 2026 was 0.02.

Southstone Minerals  (TSXV:SML) 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.

Southstone Minerals's Days Inventory for the three months ended in Feb. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Feb. 2026 )/Cost of Goods Sold (Q: Feb. 2026 )*Days in Period
=0.088/4.464*365 / 4
=1.80

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.

Southstone Minerals's Inventory to Revenue for the quarter that ended in Feb. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Feb. 2026 ) / Revenue (Q: Feb. 2026 )
=0.088 / 4.994
=0.02

* 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.

Southstone Minerals Inventory Turnover Related Terms

Southstone Minerals Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Southstone Minerals'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.

Southstone Minerals Inventory Turnover Chart

Southstone Minerals Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.57 8.96 6.75 1,707.00 26.30

Southstone Minerals Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Inventory Turnover Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.98 4.18 5.01 18.82 50.73

Southstone Minerals Inventory Turnover Calculation

Southstone Minerals's Inventory Turnover for the fiscal year that ended in Aug. 2025 is calculated as

Inventory Turnover (A: Aug. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Aug. 2025 ) / ((Total Inventories (A: Aug. 2024 ) + Total Inventories (A: Aug. 2025 )) / count )
=3.077 / ((0.001 + 0.233) / 2 )
=3.077 / 0.117
=26.30

Southstone Minerals's Inventory Turnover for the quarter that ended in Feb. 2026 is calculated as

Inventory Turnover (Q: Feb. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Feb. 2026 ) / ((Total Inventories (Q: Nov. 2025 ) + Total Inventories (Q: Feb. 2026 )) / count )
=4.464 / ((0.007 + 0.169) / 2 )
=4.464 / 0.088
=50.73

* 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.

Frequently Asked Questions Learn more about Inventory Turnover →
What does a Inventory Turnover of 50.73 mean?
Southstone Minerals (TSXV:SML) has a Inventory Turnover of 50.73 as of Feb. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Southstone Minerals and its competitors.
Is Southstone Minerals' Inventory Turnover too high?
Southstone Minerals' current Inventory Turnover is 50.73.
How does Southstone Minerals' Inventory Turnover compare to competitors?
Southstone Minerals' Inventory Turnover of 50.73 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 Southstone Minerals and its competitors. Southstone Minerals's current Inventory Turnover is 50.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southstone Minerals stock overvalued right now?
Southstone Minerals (TSXV:SML) has a current Inventory Turnover of 50.73. The current Inventory Turnover is 50.73. 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 Southstone Minerals (TSXV:SML), the current Inventory Turnover is 50.73 as of Feb. 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.

Southstone Minerals Business Description

Address 2751 Graham Street, Victoria, BC, CAN, V8T 3Z1
Southstone Minerals Ltd is a Canadian junior mining company engaged in the acquisition, exploration, evaluation, development, and mining of mineral properties. It holds the majority interest in the Oena Diamond Mine, an alluvial diamond property located in the Northern Cape Province, South Africa, that produces diamonds of varying sizes and characteristics, including occasional larger stones. The company generates revenue from the sale of diamonds.