Alderon Iron Ore (Alderon Iron Ore) Total Inventories : $0.00 Mil (As of Sep. 2019)

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What is Alderon Iron Ore Total Inventories?

Alderon Iron Ore's total inventories for the quarter that ended in Sep. 2019 was $0.00 Mil. Alderon Iron Ore's average total inventories from the quarter that ended in Jun. 2019 to the quarter that ended in Sep. 2019 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Alderon Iron Ore's Net-Net Working Capital per share for the quarter that ended in Sep. 2019 was $-0.19.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Alderon Iron Ore's Days Inventory for the three months ended in Sep. 2019 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.

Alderon Iron Ore Total Inventories Historical Data

The historical data trend for Alderon Iron Ore'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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Alderon Iron Ore Total Inventories Chart

Alderon Iron Ore Annual Data

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Total Inventories

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Alderon Iron Ore Quarterly Data
	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19
Total Inventories	Get a 7-Day Free Trial															-	-	-	-	-

Alderon Iron Ore 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.

Alderon Iron Ore (OTCPK:AXXDF) 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.

Alderon Iron Ore's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2019 is

	Net-Net Working Capital Per Share (Q: Sep. 2019 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(2.37	+	0.75 * 0.02	+	0.5 * 0	-	20.942
-	0	-	8.323)	/	139.353
=	-0.19

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

Alderon Iron Ore's Days Inventory for the three months ended in Sep. 2019 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2019 )	/	Cost of Goods Sold (Q: Sep. 2019 )	*	Days in Period
	=	0	/	0.011	*	365 / 4
	=	0.00

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

Alderon Iron Ore's Inventory Turnover for the quarter that ended in Sep. 2019 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2019 )	/	Average Total Inventories (Q: Sep. 2019 )
	=	0.011	/	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.

Alderon Iron Ore's Inventory to Revenue for the quarter that ended in Sep. 2019 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2019 )	/	Revenue (Q: Sep. 2019 )
	=	0	/	0
	=

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.

Alderon Iron Ore Total Inventories Related Terms

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Alderon Iron Ore (Alderon Iron Ore) Business Description

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GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Alderon Iron Ore Corp (OTCPK:AXXDF) » Definitions » Total Inventories

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Address

1140 West Pender Street, Suite 1240, Vancouver, BC, CAN, V6E 4G1

Website

https://www.alderonironore.com

Alderon Iron Ore Corp is a Canada based development-stage company. It is conducting iron ore evaluation activities related entirely to its Canadian properties located in western Labrador in the province of Newfoundland and Labrador. The company's operating segment is the acquisition, exploration, and evaluation of mineral resources. Its flagship project is the Kami Iron Ore project located in the Labrador Trough.

Alderon Iron Ore (Alderon Iron Ore) Headlines

From GuruFocus

Mr. John Baker Resigns from the Board of Alderon

By GlobeNewswire GlobeNewswire • 12-16-2019

Alderon Announces Results of its Updated Feasibility Study Demonstrating US$1.7 Billion NPV at 8% discount rate and 24.6% IRR (Pre-Tax) for the Premium-Quality Kami Iron Ore Project

By GlobeNewswire GlobeNewswire • 09-26-2018

Alderon Signs Energy Infrastructure MOU with Envest Corp. for the Premium-Quality Kami Iron Ore Project

By GlobeNewswire GlobeNewswire • 02-27-2019

Altius to Increase Shareholdings in Alderon

By GlobeNewswire GlobeNewswire • 03-22-2018