North Bay Resources (North Bay Resources) Inventory Turnover : 0.00 (As of Sep. 2015)

View and export this data going back to 2011. Start your Free Trial

What is North Bay Resources 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. North Bay Resources's Cost of Goods Sold for the three months ended in Sep. 2015 was $0.00 Mil. North Bay Resources's Average Total Inventories for the quarter that ended in Sep. 2015 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.

North Bay Resources Inventory Turnover Historical Data

The historical data trend for North Bay Resources'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.

North Bay Resources Inventory Turnover Chart

North Bay Resources Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Inventory Turnover

Get a 7-Day Free Trial

North Bay Resources Quarterly Data
	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15
Inventory Turnover	Get a 7-Day Free Trial															-	-	-	-	-

North Bay Resources Inventory Turnover Calculation

North Bay Resources's Inventory Turnover for the fiscal year that ended in Dec. 2014 is calculated as

	Inventory Turnover (A: Dec. 2014 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2014 )	/ (	(Total Inventories (A: Dec. 2013 )	+	Total Inventories (A: Dec. 2014 ))	/	count )
=	1.369	/ (	(0	+	0)	/	1 )
=	1.369	/	0
=	N/A

North Bay Resources's Inventory Turnover for the quarter that ended in Sep. 2015 is calculated as

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

North Bay Resources (OTCPK:NBRI) 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.

North Bay Resources's Days Inventory for the three months ended in Sep. 2015 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2015 )	/	Cost of Goods Sold (Q: Sep. 2015 )	*	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.

North Bay Resources's Inventory to Revenue for the quarter that ended in Sep. 2015 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2015 )	/	Revenue (Q: Sep. 2015 )
	=	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.

North Bay Resources Inventory Turnover Related Terms

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

North Bay Resources (North Bay Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » North Bay Resources Inc (OTCPK:NBRI) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 162, Skippack, PA, USA, 19474

Website

http://www.northbayresources.com

North Bay Resources Inc is a natural resource company. It is engaged in the exploration, acquisition, development, and mining of precious metals and other mineral properties. The company's projects include Mount Washington Project; Tulameen Platinum; Zeballos Gold; Fraser River Platinum; and; Zippa Mtn Wollastonite.

North Bay Resources (North Bay Resources) Headlines

From GuruFocus

North Bay Resources Inc. (NBRI) Reports on Significant PGM and Gold By-Product Potential at Tulameen Platinum Project

By GuruFocusNews GuruFocusNews • 12-01-2021

North Bay Resources Inc. (NBRI) Issues Update on Fraser River Platinum Project

By GuruFocusNews GuruFocusNews • 02-07-2022

North Bay Resources Inc. (NBRI) Issues Update on Tulameen Platinum Project

By Marketwired Marketwired • 08-06-2021

North Bay Resources Inc. (NBRI) Agrees To JV On Tulameen Platinum Project

By sperokesalga sperokesalga • 04-25-2023

North Bay Resources Inc. (NBRI) Reports on Tulameen Platinum Project Assays

By Don Li2 Don Li2 • 11-04-2021