XXIX Metal (TSXV:XXIX) Inventory Turnover: 0.00 (As of Apr. 2026)

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TSXV:XXIX XXIX Metal Corp TSXV:XXIX
35 GF Score
Price C$0.11
! 2 Warning Signs
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What is XXIX Metal Inventory Turnover?

XXIX Metal TSXV:XXIX -4.35% 35 Inventory Turnover is 0.00 as of Apr. 2026. GuruFocus rates TSXV:XXIX with a GF Score™ of 35/100. The stock has 2 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. XXIX Metal's Cost of Goods Sold for the three months ended in Apr. 2026 was C$0.01 Mil. XXIX Metal's Average Total Inventories for the quarter that ended in Apr. 2026 was C$0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. XXIX Metal's Days Inventory for the three months ended in Apr. 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.

XXIX Metal  (TSXV:XXIX) 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.

XXIX Metal's Days Inventory for the three months ended in Apr. 2026 is calculated as:

Days Inventory =Average Total Inventories (Q: Apr. 2026 )/Cost of Goods Sold (Q: Apr. 2026 )*Days in Period
=0/0.012*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.

XXIX Metal's Inventory to Revenue for the quarter that ended in Apr. 2026 is calculated as

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

XXIX Metal Inventory Turnover Related Terms

XXIX Metal Inventory Turnover Historical Data

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The historical data trend for XXIX Metal'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.

XXIX Metal Inventory Turnover Chart

XXIX Metal Annual Data
Trend Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Inventory Turnover
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

XXIX Metal Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.00 0.00 0.00 0.00 0.00
TSXV:XXIX
35GF Score
XXIX Metal Corp TSXV:XXIX
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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XXIX Metal Inventory Turnover Calculation

XXIX Metal's Inventory Turnover for the fiscal year that ended in Oct. 2025 is calculated as

Inventory Turnover (A: Oct. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Oct. 2025 ) / ((Total Inventories (A: Oct. 2024 ) + Total Inventories (A: Oct. 2025 )) / count )
=0.044 / ((0 + 0) / 1 )
=0.044 / 0
=N/A

XXIX Metal's Inventory Turnover for the quarter that ended in Apr. 2026 is calculated as

Inventory Turnover (Q: Apr. 2026 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Apr. 2026 ) / ((Total Inventories (Q: Jan. 2026 ) + Total Inventories (Q: Apr. 2026 )) / count )
=0.012 / ((0 + 0) / 1 )
=0.012 / 0
=N/A

* 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 0.00 mean?
XXIX Metal (TSXV:XXIX) has a Inventory Turnover of 0.00 as of Apr. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on XXIX Metal and its competitors.
Is XXIX Metal's Inventory Turnover too high?
XXIX Metal's current Inventory Turnover is 0.00. Overall, XXIX Metal has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does XXIX Metal's Inventory Turnover compare to SCCO and FCX?
XXIX Metal's 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 XXIX Metal and its competitors. XXIX Metal'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 XXIX Metal stock overvalued right now?
XXIX Metal (TSXV:XXIX) has a current Inventory Turnover of 0.00. The current Inventory Turnover is 0.00. XXIX Metal's overall GF Score™ is 35/100 with 2 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 XXIX Metal (TSXV:XXIX), the current Inventory Turnover is 0.00 as of Apr. 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.

XXIX Metal Business Description

Other Exchanges QCCUF:USA5LW0:Germany
Address 141 Adelaide Street West, Suite 1102, Toronto, ON, CAN, M5H 3L5
XXIX Metal Corp is engaged in the business activity of the exploration, development, and production of exploration and evaluation assets in Canada. The company is advancing its Cooke-Robitaille Property, Opemiska Property, Roger Property, and Thierry projects.
35GF Score

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Inventory Turnover is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$0.11
Price