GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Zinco Mining Corp (TSXV:ZIM.H) » Definitions » Inventory Turnover

Zinco Mining (TSXV:ZIM.H) Inventory Turnover : 0.00 (As of Jun. 2017)


View and export this data going back to 1983. Start your Free Trial

What is Zinco Mining 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. Zinco Mining's Cost of Goods Sold for the three months ended in Jun. 2017 was C$0.00 Mil. Zinco Mining's Average Total Inventories for the quarter that ended in Jun. 2017 was C$0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

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.


Zinco Mining Inventory Turnover Historical Data

The historical data trend for Zinco Mining'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.

* Premium members only.

Zinco Mining Inventory Turnover Chart

Zinco Mining Annual Data
Trend Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Zinco Mining Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 - - - - -

Zinco Mining Inventory Turnover Calculation

Zinco Mining's Inventory Turnover for the fiscal year that ended in Sep. 2016 is calculated as

Inventory Turnover (A: Sep. 2016 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Sep. 2016 ) / ((Total Inventories (A: Sep. 2015 ) + Total Inventories (A: Sep. 2016 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 0
=N/A

Zinco Mining's Inventory Turnover for the quarter that ended in Jun. 2017 is calculated as

Inventory Turnover (Q: Jun. 2017 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (Q: Jun. 2017 ) / ((Total Inventories (Q: Mar. 2017 ) + Total Inventories (Q: Jun. 2017 )) / count )
=0 / ((0 + 0) / 1 )
=0 / 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.


Zinco Mining  (TSXV:ZIM.H) 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.

Zinco Mining's Days Inventory for the three months ended in Jun. 2017 is calculated as:

Days Inventory =Average Total Inventories (Q: Jun. 2017 )/Cost of Goods Sold (Q: Jun. 2017 )*Days in Period
=0/0*365 / 4
=

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.

Zinco Mining's Inventory to Revenue for the quarter that ended in Jun. 2017 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2017 ) / Revenue (Q: Jun. 2017 )
=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.


Zinco Mining Inventory Turnover Related Terms

Thank you for viewing the detailed overview of Zinco Mining's Inventory Turnover provided by GuruFocus.com. Please click on the following links to see related term pages.


Zinco Mining (TSXV:ZIM.H) Business Description

Traded in Other Exchanges
N/A
Address
16055 Fraser Highway, Suite 825, 205, Surrey, BC, CAN, V4N 0G2
Zinco Mining Corp is an exploration-stage company. The company is engaged in the acquisition, exploration, and development of its mineral interests. The firm is in the process of exploring its exploration and evaluation assets. It is engaged in the discovery and development of volcanogenic massive sulfide (VMS) deposits in Mexico. The firm, through its subsidiary, Minera Croesus S.A. de C.V., owns approximately seven mining concessions that define the VMS Project.

Zinco Mining (TSXV:ZIM.H) Headlines

No Headlines