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U.S. Gold (U.S. Gold) Total Inventories : $0.00 Mil (As of Jan. 2024)


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What is U.S. Gold Total Inventories?

U.S. Gold's total inventories for the quarter that ended in Jan. 2024 was $0.00 Mil. U.S. Gold's average total inventories from the quarter that ended in Oct. 2023 to the quarter that ended in Jan. 2024 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. U.S. Gold's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was $-0.17.

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

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.


U.S. Gold Total Inventories Historical Data

The historical data trend for U.S. Gold'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.

U.S. Gold Total Inventories Chart

U.S. Gold Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Total Inventories
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U.S. Gold Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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U.S. Gold 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.


U.S. Gold  (NAS:USAU) 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.

U.S. Gold's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2024 is

Net-Net Working Capital Per Share (Q: Jan. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.637+0.75 * 0+0.5 * 0-4.187
-0-0)/9.33228
=-0.17

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

U.S. Gold's Days Inventory for the three months ended in Jan. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jan. 2024 )/Cost of Goods Sold (Q: Jan. 2024 )*Days in Period
=0/0*365 / 4
=

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

U.S. Gold's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jan. 2024 ) / Average Total Inventories (Q: Jan. 2024 )
=0 / 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.

U.S. Gold's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jan. 2024 ) / Revenue (Q: Jan. 2024 )
=0 / 0
=

* 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.


U.S. Gold Total Inventories Related Terms

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U.S. Gold (U.S. Gold) Business Description

Traded in Other Exchanges
Address
1910 East Idaho Street, Suite 102-Box 604, Elko, NV, USA, 89801
U.S. Gold Corp is an exploration and development company that owns certain mining leases and other mineral rights comprising the CK Gold Project in Wyoming, the Keystone Project in Nevada, and the Challis Gold Project in Idaho.
Executives
Ryan K Zinke director 409 W 2ND STREET, WHITEFISH MT 59932
Luke Anthony Norman director 1910 E. IDAHO STREET, SUITE 102-BOX 604, ELKO NV 89801
George M Bee officer: President 30 OLD MILL ROAD, SUITE 806, ETOBICOKE A6 M8X 0A5
Robert W Schafer director C/O U.S. GOLD CORP., 1910 EAST IDAHO STREET, SUITE 102-BOX 60, ELKO NV 89801
Michael N Waldkirch director C/O U.S. GOLD CORP., 1910 EAST IDAHO STREET, SUITE 102-BOX 60, ELKO NV 89801
Kevin A. Francis officer: VP - Exploration 553 SAGE CIRCLE, HIGHLANDS RANCH CO 80126
Eric Alexander officer: CFO, Secretary 1658 COLE BLVD., BLDG. 6, SUITE 210, LAKEWOOD CO 80401
Tara Gilfillan director C/O U.S. GOLD CORP., 1910 EAST IDAHO STREET, SUITE 102-BOX 60, ELKO NV 89801
Ted Riley Sharp officer: Chief Financial Officer 714 WHISPERWOOD COURT, NAMPA ID 83686
Edward M Karr director RAMPARTNERS, 19 BLVD GEORGES-FAVON, GENEVA V8 1204
Douglas J Newby director 120 BROADWAY, SUITE 1010, NEW YORK NY 10271
David C. Mathewson officer: Vice President of Exploration 1265 MESA DRIVE, FERNLEY NV 89408
David Rector officer: COO U.S. Gold Corp.
Robert J Delaversano officer: Principal Financial Officer 217 W. MAIN STREET, SOMERVILLE NJ 08876
Andrew J Kaplan director SUITE 200 623 RIVER ROAD, FAIR HAVEN NJ 07704