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Jade Art Group (Jade Art Group) Total Inventories : $0.00 Mil (As of Sep. 2010)


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What is Jade Art Group Total Inventories?

Jade Art Group's total inventories for the quarter that ended in Sep. 2010 was $0.00 Mil. Jade Art Group's average total inventories from the quarter that ended in Jun. 2010 to the quarter that ended in Sep. 2010 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Jade Art Group's Net-Net Working Capital per share for the quarter that ended in Sep. 2010 was $0.18.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Jade Art Group's Days Inventory for the three months ended in Sep. 2010 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. Jade Art Group's Inventory-to-Revenue for the quarter that ended in Sep. 2010 was 0.00.


Jade Art Group Total Inventories Historical Data

The historical data trend for Jade Art Group'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.

Jade Art Group Total Inventories Chart

Jade Art Group Annual Data
Trend Jul06 Jul07 Dec08 Dec09
Total Inventories
- - - -

Jade Art Group Quarterly Data
Oct06 Jan07 Apr07 Jul07 Oct07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
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Jade Art Group 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.


Jade Art Group  (OTCPK:JADA) 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.

Jade Art Group's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2010 is

Net-Net Working Capital Per Share (Q: Sep. 2010 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(16.271+0.75 * 0+0.5 * 0-1.937
-0-0)/79.98
=0.18

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

Jade Art Group's Days Inventory for the three months ended in Sep. 2010 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2010 )/Cost of Goods Sold (Q: Sep. 2010 )*Days in Period
=0/0.886*365 / 4
=0.00

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

Jade Art Group's Inventory Turnover for the quarter that ended in Sep. 2010 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2010 ) / Average Total Inventories (Q: Sep. 2010 )
=0.886 / 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.

Jade Art Group's Inventory to Revenue for the quarter that ended in Sep. 2010 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2010 ) / Revenue (Q: Sep. 2010 )
=0 / 2.331
=0.00

* 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.


Jade Art Group Total Inventories Related Terms

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Jade Art Group (Jade Art Group) Business Description

Traded in Other Exchanges
N/A
Address
1028 Highland Lakes Trace, Birmingham, AL, USA, 35242
Jade Art Group Inc is a development stage company.
Executives
Hui Ping Cheng director, officer: President C/O MY QUOTE ZONE, 6130 ELTON AVENUE, LAS VEGAS NV 89107

Jade Art Group (Jade Art Group) Headlines

From GuruFocus

Investment Analysis of Jade Art Group

By guruek Saj Karsan 06-14-2010