Mene

Mene Inventory Turnover

The Inventory Turnover Ratio of Mene (MENE.V) as of Nov 14, 2026 is 1.65. In the previous year, Inventory Turnover Ratio was 2.30 — a change of -27.91% (lower).

Inventory Turnover

1.65

YoY

-27.91%

Last updated:

Inventory Turnover Ratio of Mene is 2024 1.65 . Inventory Turnover Ratio of Mene was 2023 2.30 . It decreases by -27.91% lower compared to the previous year.

The Mene Inventory Turnover history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Inventory Turnover
Date
Inventory Turnover
Jan 1, 2017
0.04 CAD
Jan 1, 2018
0.46 CAD
Jan 1, 2019
0.82 CAD
Jan 1, 2020
0.94 CAD
Jan 1, 2021
1.09 CAD
Jan 1, 2022
1.36 CAD
Jan 1, 2023
2.30 CAD
Jan 1, 2024
1.65 CAD
The Mene Inventory Turnover history
YEARInventory TurnoverYoY
1.65-27.91%
2.30+68.72%
1.36+24.52%
1.09+16.61%
0.94+13.90%
0.82+77.76%
0.46+1,157.35%
0.04—

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Mene Stock analysis

What does Mene do? Mene, Inc. designs, manufactures, and markets 24 karat gold and platinum investment jewelry under its brand name Mene. The company sells directly to consumers online by gram weight, offering products such as bracelets, chains, earrings, medallions, pendants, rings, personal touch, and precious objects. Its jewelry is crafted from gold sourced from Nevada, United States, and Ontario, Canada mines, with gold carrying the London Bullion Market’s Responsible Sourcing Certification. The firm serves customers across 50 U.S. states, 10 Canadian provinces, and about 60 countries without physical retail locations. Mene targets individual investors seeking tangible assets through its direct-to-consumer online model. The company generates revenue by selling gold and platinum jewelry by weight, leveraging the appeal of investment-grade materials certified for responsible sourcing. Customers purchase these products for their intrinsic value as precious metals, with no physical stores required for transactions. The firm’s revenue streams come from the sale of gold and platinum jewelry crafted from responsibly sourced materials. Its product range includes various jewelry types designed for investment purposes, sold directly to consumers through its online platform. The company’s focus on certified responsible sourcing and direct online sales supports its business model across global markets. Mene is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Mene stock

Inventory Turnover Ratio of Mene is 1.65 in 2024.

Inventory Turnover Ratio of Mene changed from 2.30 to 1.65, representing a -27.91% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Inventory Turnover Ratio Mene since 2006 – with annual values, charts, and detailed analysis.

Inventory turnover measures how many times inventory is sold and replaced during a period. Higher turnover indicates efficient inventory management.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Inventory Turnover Ratio's Mene with sector peers and the industry average to assess whether it is attractive.

To evaluate Inventory Turnover Ratio's, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Inventory Turnover Ratio.

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Profitability — Mene

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