WDOFF (Wesdome Gold Mines) Inventory Turnover: 2.72 (As of Mar. 2026)


WDOFF Wesdome Gold Mines Ltd WDOFF
96 GF Score
Price $18.46
GF Value $22.22
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Wesdome Gold Mines Inventory Turnover?

Wesdome Gold Mines WDOFF +6.44% 96 Inventory Turnover is 2.72 as of Mar. 2026. GuruFocus rates WDOFF with a GF Score™ of 96/100 and a GF Value™ of $22.22 (Modestly Undervalued). The stock has 1 warning sign 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. Wesdome Gold Mines's Cost of Goods Sold for the three months ended in Mar. 2026 was $76.5 Mil. Wesdome Gold Mines's Average Total Inventories for the quarter that ended in Mar. 2026 was $28.1 Mil. Wesdome Gold Mines's Inventory Turnover for the quarter that ended in Mar. 2026 was 2.72.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Wesdome Gold Mines's Days Inventory for the three months ended in Mar. 2026 was 33.53.

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. Wesdome Gold Mines's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.13.


Wesdome Gold Mines  (OTCPK:WDOFF) 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.

Wesdome Gold Mines'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
=28.113/76.515*365 / 4
=33.53

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.

Wesdome Gold Mines'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 )
=28.113 / 218.508
=0.13

* 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.


Wesdome Gold Mines Inventory Turnover Related Terms


Wesdome Gold Mines Inventory Turnover Historical Data

* Premium members only.

The historical data trend for Wesdome Gold Mines'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.

Wesdome Gold Mines Inventory Turnover Chart

Wesdome Gold Mines Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Inventory Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.59 10.42 11.84 9.72 9.29

Wesdome Gold Mines 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 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 2.45 2.15 1.89 2.39 2.72
WDOFF
96GF Score
Wesdome Gold Mines Ltd WDOFF
Inventory Turnover is just one metric. See GF Score™, valuation, warning signs, and more.
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Wesdome Gold Mines Inventory Turnover Calculation

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

Inventory Turnover (A: Dec. 2025 )
=Cost of Goods Sold / Average Total Inventories
=Cost of Goods Sold (A: Dec. 2025 ) / ((Total Inventories (A: Dec. 2024 ) + Total Inventories (A: Dec. 2025 )) / count )
=250.131 / ((24.759 + 29.084) / 2 )
=250.131 / 26.9215
=9.29

Wesdome Gold Mines'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 )
=76.515 / ((29.084 + 27.142) / 2 )
=76.515 / 28.113
=2.72

* 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 2.72 mean?
Wesdome Gold Mines (WDOFF) has a Inventory Turnover of 2.72 as of Mar. 2026. Inventory turnover equals current-period cost of goods sold divided by average two-period total inventories. View historical data on Wesdome Gold Mines and its competitors.
Is Wesdome Gold Mines' Inventory Turnover too high?
Wesdome Gold Mines' current Inventory Turnover is 2.72. Overall, Wesdome Gold Mines has a GF Score™ of 96/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Wesdome Gold Mines' Inventory Turnover compare to NEM and AU?
Wesdome Gold Mines' Inventory Turnover of 2.72 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 Wesdome Gold Mines and its competitors. Wesdome Gold Mines's current Inventory Turnover is 2.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wesdome Gold Mines stock overvalued right now?
Based on GuruFocus' analysis, Wesdome Gold Mines (WDOFF) is currently considered Modestly Undervalued. The stock's GF Value™ is $22.22, compared to a current price of $18.46 — trading 16.9% below its estimated fair value. The current Inventory Turnover is 2.72. Wesdome Gold Mines' overall GF Score™ is 96/100 with 1 warning sign 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 Wesdome Gold Mines (WDOFF), the current Inventory Turnover is 2.72 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 Wesdome Gold Mines (WDOFF) Overvalued in 2026?

Based on GuruFocus' analysis, Wesdome Gold Mines stock appears to be undervalued. The current stock price of $18.46 is trading 16.9% below its estimated GF Value™ of $22.22. GuruFocus considers Wesdome Gold Mines to be Modestly Undervalued.

Key valuation signals for WDOFF:

  • Inventory Turnover: 2.72
  • GF Value™: $22.22 vs. price of $18.46 (16.9% below fair value)
  • GF Score™: 96/100 with 1 warning sign

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


Wesdome Gold Mines Business Description

Address 220 Bay Street, Suite 1200, Toronto, ON, CAN, M5J 2W4
Wesdome Gold Mines Ltd is a gold producer engaged in mining-related activities including exploration, processing, and reclamation. The company produces gold at the Eagle River Complex located near Wawa, Ontario from the Eagle River Underground, Kiena Complex, and Mishi Open Pit gold mines. The activities of the group function through Canada and it derives revenue from the sale of gold and silver bullion. The company operates in one segment which is the gold mining and related activities industry including exploration, extraction, processing and decommissioning.
96GF Score

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

$18.46
Price
$22.22
GF Value