Axios Mobile Assets (Axios Mobile Assets) Total Inventories : $0.00 Mil (As of Sep. 2016)

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What is Axios Mobile Assets Total Inventories?

Axios Mobile Assets's total inventories for the quarter that ended in Sep. 2016 was $0.00 Mil. Axios Mobile Assets's average total inventories from the quarter that ended in Jun. 2016 to the quarter that ended in Sep. 2016 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Axios Mobile Assets's Net-Net Working Capital per share for the quarter that ended in Sep. 2016 was $-0.22.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Axios Mobile Assets's Days Inventory for the three months ended in Sep. 2016 was 0.00.

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

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. Axios Mobile Assets's Inventory-to-Revenue for the quarter that ended in Sep. 2016 was 0.00.

Axios Mobile Assets Total Inventories Historical Data

The historical data trend for Axios Mobile Assets'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.

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Axios Mobile Assets Total Inventories Chart

Axios Mobile Assets Annual Data

Trend

Sep08

Sep09

Sep10

Dec11

Dec12

Dec13

Dec14

Dec15

Total Inventories

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0.32

0.04

Axios Mobile Assets Quarterly Data
	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16
Total Inventories	Get a 7-Day Free Trial															0.17	-	-	-	-

Axios Mobile Assets 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.

Axios Mobile Assets (OTCPK:AXBSF) 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.

Axios Mobile Assets's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2016 is

	Net-Net Working Capital Per Share (Q: Sep. 2016 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.446	+	0.75 * 1.601	+	0.5 * 0	-	11.148
-	0	-	0)	/	42.5865
=	-0.22

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

Axios Mobile Assets's Days Inventory for the three months ended in Sep. 2016 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2016 )	/	Cost of Goods Sold (Q: Sep. 2016 )	*	Days in Period
	=	0	/	0.983	*	365 / 4
	=	0.00

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

Axios Mobile Assets's Inventory Turnover for the quarter that ended in Sep. 2016 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2016 )	/	Average Total Inventories (Q: Sep. 2016 )
	=	0.983	/	0
	=	N/A

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.

Axios Mobile Assets's Inventory to Revenue for the quarter that ended in Sep. 2016 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2016 )	/	Revenue (Q: Sep. 2016 )
	=	0	/	0.713
	=	0.00

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.

Axios Mobile Assets Total Inventories Related Terms

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Axios Mobile Assets (Axios Mobile Assets) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Axios Mobile Assets Corp (OTCPK:AXBSF) » Definitions » Total Inventories

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Address

30 Topflight Drive, Unit 7, Mississauga, ON, CAN, L5S 0A8

Website

http://www.axiosma.com

Axios Mobile Assets Corp is a Canada based logistics enabler featuring a next generation, bio-based pallet technology, which can be bundled with its proprietary cross-platform tracking and information system that helps improve the value chain in the logistics market. The company's bundled offering aims to provide lower total cost, lighter weight, sanitary pallets, and real-time data. Its segments are Pallet Rental which accounts for the majority revenues and Freight Services.

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