Visible Gold Mines (TSXV:VGD) Inventory Turnover: 0.00 (As of Jan. 2026)

What is Visible Gold Mines Inventory Turnover?

Visible Gold Mines TSXV:VGD -15.38% 38 Inventory Turnover is 0.00 as of Jan. 2026. GuruFocus rates TSXV:VGD with a GF Score™ of 38/100.

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. Visible Gold Mines's Cost of Goods Sold for the three months ended in Jan. 2026 was C$0.01 Mil. Visible Gold Mines's Average Total Inventories for the quarter that ended in Jan. 2026 was C$0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Visible Gold Mines's Days Inventory for the three months ended in Jan. 2026 was 0.00.

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.

Visible Gold Mines (TSXV:VGD) 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.

Visible Gold Mines's Days Inventory for the three months ended in Jan. 2026 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jan. 2026 )	/	Cost of Goods Sold (Q: Jan. 2026 )	*	Days in Period
	=	0	/	0.005	*	365 / 4
	=	0.00

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.

Visible Gold Mines's Inventory to Revenue for the quarter that ended in Jan. 2026 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jan. 2026 )	/	Revenue (Q: Jan. 2026 )
	=	0	/	0
	=

* 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.

Visible Gold Mines Inventory Turnover Related Terms

Visible Gold Mines Inventory Turnover Historical Data

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

Visible Gold Mines Inventory Turnover Chart

Visible Gold Mines Annual Data

Trend

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Inventory Turnover

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0.00

Visible Gold Mines Quarterly Data
	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25	Apr25	Jul25	Oct25	Jan26
Inventory Turnover	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

38GF Score

Visible Gold Mines Inc TSXV:VGD

Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.

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Visible Gold Mines Inventory Turnover Calculation

Visible Gold Mines's Inventory Turnover for the fiscal year that ended in Jul. 2025 is calculated as

	Inventory Turnover (A: Jul. 2025 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Jul. 2025 )	/ (	(Total Inventories (A: Jul. 2024 )	+	Total Inventories (A: Jul. 2025 ))	/	count )
=	0.018	/ (	(0	+	0)	/	1 )
=	0.018	/	0
=	N/A

Visible Gold Mines's Inventory Turnover for the quarter that ended in Jan. 2026 is calculated as

	Inventory Turnover (Q: Jan. 2026 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Jan. 2026 )	/ (	(Total Inventories (Q: Oct. 2025 )	+	Total Inventories (Q: Jan. 2026 ))	/	count )
=	0.005	/ (	(0	+	0)	/	1 )
=	0.005	/	0
=	N/A

Frequently Asked Questions Learn more about Inventory Turnover →

What does a Inventory Turnover of 0.00 mean?

Visible Gold Mines (TSXV:VGD) has a Inventory Turnover of 0.00 as of Jan. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Visible Gold Mines and its competitors.

Is Visible Gold Mines' Inventory Turnover too high?

Visible Gold Mines' current Inventory Turnover is 0.00. Overall, Visible Gold Mines has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.

How does Visible Gold Mines' Inventory Turnover compare to NEM and AU?

Visible Gold Mines' Inventory Turnover of 0.00 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 Visible Gold Mines and its competitors. Visible Gold Mines's current Inventory Turnover is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Visible Gold Mines stock overvalued right now?

Visible Gold Mines (TSXV:VGD) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. Visible Gold Mines' overall GF Score™ is 38/100. 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 Visible Gold Mines (TSXV:VGD), the current Inventory Turnover is 0.00 as of Jan. 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.

Visible Gold Mines Business Description

Industry Basic Materials Metals & Mining

Comparable Companies XCNQ:BGLD TSXV:TES TSXV:MLO TSXV:LORD TSXV:QCX XCNQ:ELEM TSXV:VKG TSXV:GUG TSXV:TBLL TSXV:VG NEM SHSE:601899 TSX:AEM TSX:ABX TSX:WPM TSX:FNV AU HKSE:02259 JSE:GFI TSX:K

Other Exchanges VGMIF:USA 3V41:Germany

Address 147 Avenue Quebec (porte arriere), Rouyn-Noranda, QC, CAN, J9X 6M8

Website https://www.visiblegoldmines.com

Visible Gold Mines Inc is engaged in the acquisition and exploration of mineral properties with prospects for hosting gold mineral deposits in Canada. The company has a single reporting segment, being the exploration and evaluation of mineral resources. Its projects include the Cadillac Break, Lucky Break, Silidor, Stadacona, Wasa Creek, and Wasa East projects, and a minority interest in the Capricorn project, all located along the Cadillac-Larder Lake near the town of Rouyn-Noranda in the province of Quebec, Canada. Its Lithium James Bay projects include Megali, Carli, and Natali.

38GF Score

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