Yamana Gold (Yamana Gold) Inventory Turnover : 1.63 (As of Dec. 2022)

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What is Yamana 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. Yamana Gold's Cost of Goods Sold for the three months ended in Dec. 2022 was $336 Mil. Yamana Gold's Average Total Inventories for the quarter that ended in Dec. 2022 was $206 Mil. Yamana Gold's Inventory Turnover for the quarter that ended in Dec. 2022 was 1.63.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Yamana Gold's Days Inventory for the three months ended in Dec. 2022 was 55.82.

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. Yamana Gold's Inventory-to-Revenue for the quarter that ended in Dec. 2022 was 0.45.

Yamana Gold Inventory Turnover Historical Data

The historical data trend for Yamana 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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Yamana Gold Inventory Turnover Chart

Yamana Gold Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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8.41

7.98

7.07

7.37

6.61

Yamana Gold Quarterly Data
	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Inventory Turnover	Get a 7-Day Free Trial															1.91	1.63	1.58	1.59	1.63

Yamana Gold Inventory Turnover Calculation

Yamana 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 )
=	1244.9	/ (	(167.2	+	209.2)	/	2 )
=	1244.9	/	188.2
=	6.61

Yamana Gold's Inventory Turnover for the quarter that ended in Dec. 2022 is calculated as

	Inventory Turnover (Q: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2022 )	/ (	(Total Inventories (Q: Sep. 2022 )	+	Total Inventories (Q: Dec. 2022 ))	/	count )
=	336.2	/ (	(202.1	+	209.2)	/	2 )
=	336.2	/	205.65
=	1.63

Yamana Gold (NYSE:AUY) 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.

Yamana Gold's Days Inventory for the three months ended in Dec. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2022 )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
	=	205.65	/	336.2	*	365 / 4
	=	55.82

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.

Yamana Gold's Inventory to Revenue for the quarter that ended in Dec. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2022 )	/	Revenue (Q: Dec. 2022 )
	=	205.65	/	457.3
	=	0.45

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.

Yamana Gold Inventory Turnover Related Terms

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Yamana Gold (Yamana Gold) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Yamana Gold Inc (NYSE:AUY) » Definitions » Inventory Turnover

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Address

200 Bay Street, Suite 2200, Royal Bank Plaza, North Tower, Toronto, ON, CAN, M5J 2J3

Website

https://www.yamana.com

Yamana Gold Inc is a Canadian-based precious metals producer with gold and silver production, development stage properties, exploration properties, and land positions throughout the Americas, including Canada, Brazil, Chile, and Argentina. The company's segment includes Canadian Malartic; Jacobina; Cerro Moro; El Penon; Minera Florida and Corporate and other. It generates maximum revenue from the Canadian Malartic segment.