GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » American International Ventures Inc (OTCPK:AIVN) » Definitions » Total Inventories

American International Ventures (American International Ventures) Total Inventories : $0.00 Mil (As of Aug. 2018)


View and export this data going back to . Start your Free Trial

What is American International Ventures Total Inventories?

American International Ventures's total inventories for the quarter that ended in Aug. 2018 was $0.00 Mil. American International Ventures's average total inventories from the quarter that ended in May. 2018 to the quarter that ended in Aug. 2018 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. American International Ventures's Net-Net Working Capital per share for the quarter that ended in Aug. 2018 was $0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. American International Ventures's Days Inventory for the three months ended in Aug. 2018 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.


American International Ventures Total Inventories Historical Data

The historical data trend for American International Ventures'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.

American International Ventures Total Inventories Chart

American International Ventures Annual Data
Trend May09 May10 May11 May12 May13 May14 May15 May16 May17 May18
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 - - - -

American International Ventures Quarterly Data
Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Feb18 May18 Aug18
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 - - - - -

American International Ventures 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.


American International Ventures  (OTCPK:AIVN) 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.

American International Ventures's Net-Net Working Capital Per Share for the quarter that ended in Aug. 2018 is

Net-Net Working Capital Per Share (Q: Aug. 2018 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.003+0.75 * 0+0.5 * 0-0.148
-0--0.191)/360.4
=0.00

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

American International Ventures's Days Inventory for the three months ended in Aug. 2018 is calculated as:

Days Inventory=Average Total Inventories (Q: Aug. 2018 )/Cost of Goods Sold (Q: Aug. 2018 )*Days in Period
=0/0.009*365 / 4
=0.00

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

American International Ventures's Inventory Turnover for the quarter that ended in Aug. 2018 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Aug. 2018 ) / Average Total Inventories (Q: Aug. 2018 )
=0.009 / 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.

American International Ventures's Inventory to Revenue for the quarter that ended in Aug. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Aug. 2018 ) / Revenue (Q: Aug. 2018 )
=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.


American International Ventures Total Inventories Related Terms

Thank you for viewing the detailed overview of American International Ventures's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


American International Ventures (American International Ventures) Business Description

Traded in Other Exchanges
N/A
Address
15105 Kestrelglen Way, Lithia, FL, USA, 33547
American International Ventures Inc is an exploration-stage company. It is primarily focused on planning, developing and operating past producing precious metal properties and mines. The company principally explores for gold and silver properties. It holds interests in the Mother Lode Project, which is under construction located in Baja, Mexico. Further, in addition to its mining claims in Nevada, the group also leases certain mining claims in the Baja California, Mexico. Geographically all the business activity primarily functions through the region of Mexico.
Executives
James K Duff officer: President and CEO 3882 PLAYER DR, COEUR D ALENE ID 83815