Westhaven Gold (Westhaven Gold) Inventory Turnover : 0.00 (As of Mar. 2024)

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What is Westhaven Gold 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. Westhaven Gold's Cost of Goods Sold for the three months ended in Mar. 2024 was $0.01 Mil. Westhaven Gold's Average Total Inventories for the quarter that ended in Mar. 2024 was $0.00 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Westhaven Gold's Days Inventory for the three months ended in Mar. 2024 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.

Westhaven Gold Inventory Turnover Historical Data

The historical data trend for Westhaven Gold'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.

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Westhaven Gold Inventory Turnover Chart

Westhaven Gold Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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Westhaven Gold Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

Westhaven Gold Inventory Turnover Calculation

Westhaven Gold's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	0.009	/ (	(0	+	0)	/	1 )
=	0.009	/	0
=	N/A

Westhaven Gold's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

	Inventory Turnover (Q: Mar. 2024 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2024 )	/ (	(Total Inventories (Q: Sep. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	0.007	/ (	(0	+	0)	/	1 )
=	0.007	/	0
=	N/A

Westhaven Gold (OTCPK:WTHVF) 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.

Westhaven Gold's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	0	/	0.007	*	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.

Westhaven Gold's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	0	/	0
	=

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.

Westhaven Gold Inventory Turnover Related Terms

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Westhaven Gold (Westhaven Gold) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Westhaven Gold Corp (OTCPK:WTHVF) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

1W5:Germany WHN:Canada

Address

1056-409 Granville Street, Vancouver, BC, CAN, V6C 1T2

Website

https://www.westhavengold.com

Westhaven Gold Corp is a Canada based exploration company. It is engaged the acquisition and exploration and evaluation activities. The company's properties include the Shovelnose gold property, Prospect valley gold property, Skoonka creek property and Skoonka north gold property.

Westhaven Gold (Westhaven Gold) Headlines

From GuruFocus

Westhaven Announces Voting Results From 2023 Annual General Meeting

By GlobeNewswire • 09-22-2023

Westhaven Announces Stock Option Grant

By GlobeNewswire GlobeNewswire • 04-22-2021

Westhaven Increases Size of Non-Brokered Private Placement

By GlobeNewswire GlobeNewswire • 07-28-2022

Westhaven Shareholders Approve All Motions Put Forth at AGM

By GlobeNewswire GlobeNewswire • 12-13-2019

Westhaven Drills 12.66 Metres of 39.31 g/t Gold and 133.11 g/t Silver at Shovelnose

By GlobeNewswire GlobeNewswire • 03-18-2019