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African Minerals (FRA:OUV) Change In Inventory : €-14.9 Mil (TTM As of Jun. 2014)


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What is African Minerals Change In Inventory?

African Minerals's change in inventory for the quarter that ended in Jun. 2014 was €-0.9 Mil. It means African Minerals's inventory increased by €0.9 Mil from Dec. 2013 to Jun. 2014 .

African Minerals's change in inventory for the fiscal year that ended in Dec. 2013 was €-21.5 Mil. It means African Minerals's inventory increased by €21.5 Mil from Dec. 2012 to Dec. 2013 .

African Minerals's Total Inventories for the quarter that ended in Jun. 2014 was €60.7 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. African Minerals's Days Inventory for the quarter that ended in Jun. 2014 was 37.00.

Inventory Turnover measures how fast the company turns over its inventory within a year. African Minerals's Inventory Turnover for the quarter that ended in Jun. 2014 was 4.93.

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. African Minerals's Inventory-to-Revenue for the quarter that ended in Jun. 2014 was 0.20.


African Minerals Change In Inventory Historical Data

The historical data trend for African Minerals's Change In Inventory 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.

African Minerals Change In Inventory Chart

African Minerals Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Change In Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.23 -0.81 -3.51 -21.46

African Minerals Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
Change In Inventory Get a 7-Day Free Trial Premium Member Only -0.72 -2.82 -7.73 -14.02 -0.88

African Minerals Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Jun. 2014 adds up the semi-annually data reported by the company within the most recent 12 months, which was €-14.9 Mil.

* 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.


African Minerals  (FRA:OUV) Change In Inventory Explanation

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

African Minerals's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=60.1075/296.461*365 / 2
=37.00

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

African Minerals's Inventory Turnover for the quarter that ended in Jun. 2014 is calculated as

3. 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.

African Minerals's Inventory to Revenue for the quarter that ended in Jun. 2014 is calculated as

* 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.


African Minerals Change In Inventory Related Terms

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African Minerals Business Description

Traded in Other Exchanges
N/A
Address
Stratton House, 5 Stratton Street, London, GBR, W1J 8LA
African Minerals Ltd is a mineral exploration and development company. It is engaged in the development, design, construction, and operation of iron ore deposit at Tonkolili, Sierra Leone, and its related rail and port infrastructure. In addition, it is also involved in the marketing and sale of the iron ore produced from this project.

African Minerals Headlines

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