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AVVAA World Health Care Products (AVVAA World Health Care Products) Total Inventories : $0.00 Mil (As of May. 2007)


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What is AVVAA World Health Care Products Total Inventories?

AVVAA World Health Care Products's total inventories for the quarter that ended in May. 2007 was $0.00 Mil. AVVAA World Health Care Products's average total inventories from the quarter that ended in May. 2006 to the quarter that ended in May. 2007 was $0.18 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. AVVAA World Health Care Products's Net-Net Working Capital per share for the quarter that ended in May. 2007 was $-3.49.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. AVVAA World Health Care Products's Days Inventory for the six months ended in May. 2007 was 72.18.

Inventory Turnover measures how fast the company turns over its inventory within a year. AVVAA World Health Care Products's Inventory Turnover for the quarter that ended in May. 2007 was 2.53.

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. AVVAA World Health Care Products's Inventory-to-Revenue for the quarter that ended in May. 2007 was 1.83.


AVVAA World Health Care Products Total Inventories Historical Data

The historical data trend for AVVAA World Health Care Products's Total Inventories 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.

AVVAA World Health Care Products Total Inventories Chart

AVVAA World Health Care Products Annual Data
Trend May00 May01 May02 May03 May04 May05 May06 May07
Total Inventories
Get a 7-Day Free Trial - - 0.22 0.35 -

AVVAA World Health Care Products Semi-Annual Data
May00 May01 May02 May03 May04 May05 May06 May07
Total Inventories Get a 7-Day Free Trial - - 0.22 0.35 -

AVVAA World Health Care Products Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.


AVVAA World Health Care Products  (OTCPK:AVVH) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

AVVAA World Health Care Products's Net-Net Working Capital Per Share for the quarter that ended in May. 2007 is

Net-Net Working Capital Per Share (Q: May. 2007 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.009+0.75 * 0.028+0.5 * 0-14.552
-0-0)/4.16618
=-3.49

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

AVVAA World Health Care Products's Days Inventory for the six months ended in May. 2007 is calculated as:

Days Inventory=Average Total Inventories (Q: May. 2007 )/Cost of Goods Sold (Q: May. 2007 )*Days in Period
=0.176/0.445*365 / 2
=72.18

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

AVVAA World Health Care Products's Inventory Turnover for the quarter that ended in May. 2007 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: May. 2007 ) / Average Total Inventories (Q: May. 2007 )
=0.445 / 0.176
=2.53

4. 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.

AVVAA World Health Care Products's Inventory to Revenue for the quarter that ended in May. 2007 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: May. 2007 ) / Revenue (Q: May. 2007 )
=0.176 / 0.096
=1.83

* 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.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


AVVAA World Health Care Products Total Inventories Related Terms

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AVVAA World Health Care Products (AVVAA World Health Care Products) Business Description

Traded in Other Exchanges
N/A
Address
1001 West Loop South, Suite 803, Houston, TX, USA, 77027
AVVAA World Health Care Products Inc operates through its wholly-owned subsidiary, GoldQuest Capital, Inc. The company is a real estate lending company that specializes in the syndication of first lien, and asset-backed real estate mortgages in the residential, commercial, and industrial sectors.
Executives
Mark E Alden director, officer: V.P. Research and Development PO BOX 204, BRYN ATHYN PA 19009
James W Haney officer: V. P. MFG/Dist. Consultant 21 ERINDALE DR, MARLTON NJ 08053
Barbara Smith officer: Executive VP Sales & Marketing PO BOX 370, FALKLAND BC A1 V0E 1W0
John Stewart Farley director, 10 percent owner, officer: President and CEO PO BOX 335, 3018 SCHAEFFER ROAD, FAULKLAND A1 V0E 1W0
Farley Lorie Dale Campbell 10 percent owner, officer: V.P. Animal Care Products PO BOX 335, 3018 SCHAEFFER ROAD, FAULKLAND A1 V0E 1W0
Ronald James Reynolds officer: V.P. Manufacturing Dist./Can 9015 RUSSET DRIVE, COLDSTREAM A1 V1B 2B7
Charles Tait Austin director, officer: CFO and Secretary 13503 SUMNE LANE, VERNON, BRITISH COLUMBIA, A1 00000

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