Medinah Minerals (Medinah Minerals) Inventory Turnover : 0.00 (As of . 20)

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

What is Medinah Minerals 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. Medinah Minerals's Cost of Goods Sold for the three months ended in . 20 was $0.00 Mil. Medinah Minerals's Average Total Inventories for the quarter that ended in . 20 was $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.

Medinah Minerals Inventory Turnover Historical Data

The historical data trend for Medinah Minerals'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.

Medinah Minerals Inventory Turnover Chart

Medinah Minerals Annual Data

Trend

Inventory Turnover

Medinah Minerals Quarterly Data

Inventory Turnover

Medinah Minerals Inventory Turnover Calculation

Medinah Minerals's Inventory Turnover for the fiscal year that ended in . 20 is calculated as

	Inventory Turnover (A: . 20 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: . 20 )	/ (	(Total Inventories (A: . 20 )	+	Total Inventories (A: . 20 ))	/	count )
=		/ (	(	+	)	/	1 )
=		/	0
=	N/A

Medinah Minerals's Inventory Turnover for the quarter that ended in . 20 is calculated as

	Inventory Turnover (Q: . 20 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: . 20 )	/ (	(Total Inventories (Q: . 20 )	+	Total Inventories (Q: . 20 ))	/	count )
=		/ (	(	+	)	/	1 )
=		/	0
=	N/A

Medinah Minerals (OTCPK:MDMN) 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.

Medinah Minerals's Days Inventory for the three months ended in . 20 is calculated as:

Days Inventory	=	Average Total Inventories (Q: . 20 )	/	Cost of Goods Sold (Q: . 20 )	*	Days in Period
	=	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.

Medinah Minerals's Inventory to Revenue for the quarter that ended in . 20 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: . 20 )	/	Revenue (Q: . 20 )
	=	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.

Medinah Minerals Inventory Turnover Related Terms

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

Medinah Minerals (Medinah Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Medinah Minerals Inc (OTCPK:MDMN) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

3021 East 98th Street, Suite 140, Indianapolis, IN, USA, 46280

Website

https://www.medinah-minerals.com

Medinah Minerals Inc is a holding company. Through its subsidiaries, the company is engaged in the exploration and development of mineral properties.

Medinah Minerals (Medinah Minerals) Headlines

No Headlines