Dynacor Group (TSX:DNG) Inventory Turnover : 1.99 (As of Mar. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Dynacor Group 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. Dynacor Group's Cost of Goods Sold for the three months ended in Mar. 2024 was C$79.3 Mil. Dynacor Group's Average Total Inventories for the quarter that ended in Mar. 2024 was C$39.9 Mil. Dynacor Group's Inventory Turnover for the quarter that ended in Mar. 2024 was 1.99.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Dynacor Group's Days Inventory for the three months ended in Mar. 2024 was 45.92.

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. Dynacor Group's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.44.

Dynacor Group Inventory Turnover Historical Data

The historical data trend for Dynacor Group'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.

Dynacor Group Inventory Turnover Chart

Dynacor Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

Get a 7-Day Free Trial

7.28

5.46

11.99

11.41

9.06

Dynacor Group Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Inventory Turnover	Get a 7-Day Free Trial															3.31	3.70	3.21	2.29	1.99

Dynacor Group Inventory Turnover Calculation

Dynacor Group's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	295.138	/ (	(22.343	+	42.831)	/	2 )
=	295.138	/	32.587
=	9.06

Dynacor Group'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: Dec. 2023 )	+	Total Inventories (Q: Mar. 2024 ))	/	count )
=	79.3	/ (	(42.831	+	36.982)	/	2 )
=	79.3	/	39.9065
=	1.99

Dynacor Group (TSX:DNG) 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.

Dynacor Group'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
	=	39.9065	/	79.3	*	365 / 4
	=	45.92

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.

Dynacor Group'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 )
	=	39.9065	/	91.683
	=	0.44

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.

Dynacor Group Inventory Turnover Related Terms

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

Dynacor Group (TSX:DNG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Dynacor Group Inc (TSX:DNG) » Definitions » Inventory Turnover

Comparable Companies

Traded in Other Exchanges

DNGDF:USA OA5:Germany

Address

625 Rene-Levesque Boulevard West, Suite 1200, Montreal, QC, CAN, H3B 1R2

Website

https://www.dynacor.com

Dynacor Group Inc is a dividend-paying gold production Corporation. It is engaged in production activity through its government-approved ore processing operations. The company's operating segment is the mining sector, which is comprised of the exploration, evaluation, and processing of mineral resources. It produces and explores various properties in Peru such as Tumipampa and Anta. The company currently operates the plant in Veta Dorada. The firm generates revenue from the sales of precious metals derived from the ore processing operation.

Executives

Jean Martineau

Director, Senior Officer

Dynacor Group (TSX:DNG) Headlines

No Headlines