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Kagara (Kagara) Total Inventories : $43.3 Mil (As of Dec. 2011)


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What is Kagara Total Inventories?

Kagara's total inventories for the quarter that ended in Dec. 2011 was $43.3 Mil. Kagara's average total inventories from the quarter that ended in Jun. 2011 to the quarter that ended in Dec. 2011 was $50.0 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Kagara's Net-Net Working Capital per share for the quarter that ended in Dec. 2011 was $-0.32.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Kagara's Days Inventory for the six months ended in Dec. 2011 was 61.85.

Inventory Turnover measures how fast the company turns over its inventory within a year. Kagara's Inventory Turnover for the quarter that ended in Dec. 2011 was 2.95.

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. Kagara's Inventory-to-Revenue for the quarter that ended in Dec. 2011 was 49.47.


Kagara Total Inventories Historical Data

The historical data trend for Kagara'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.

Kagara Total Inventories Chart

Kagara Annual Data
Trend Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.82 23.20 26.07 21.61 56.75

Kagara Semi-Annual Data
Jun02 Dec02 Jun03 Dec03 Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 25.62 21.61 38.08 56.75 43.28

Kagara 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.


Kagara  (GREY:KGRZF) 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.

Kagara's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2011 is

Net-Net Working Capital Per Share (Q: Dec. 2011 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(37.285+0.75 * 0+0.5 * 43.28-285.328
-0-0)/712.242
=-0.32

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

Kagara's Days Inventory for the six months ended in Dec. 2011 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2011 )/Cost of Goods Sold (Q: Dec. 2011 )*Days in Period
=50.014/147.571*365 / 2
=61.85

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

Kagara's Inventory Turnover for the quarter that ended in Dec. 2011 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2011 ) / Average Total Inventories (Q: Dec. 2011 )
=147.571 / 50.014
=2.95

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.

Kagara's Inventory to Revenue for the quarter that ended in Dec. 2011 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2011 ) / Revenue (Q: Dec. 2011 )
=50.014 / 1.011
=49.47

* 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.


Kagara Total Inventories Related Terms

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Kagara (Kagara) Business Description

Traded in Other Exchanges
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Address
Kagara Ltd is an Australian resources company. The Company is engaged in the diversified production of metals including copper, zinc-lead and nickel. Its portfolio includes Admiral Bay zinc-lead-silver-barite deposit in Western Australia.

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