ARGC (Arion Group) Total Inventories: $0.00 Mil (As of Oct. 2023)


ARGC Arion Group Corp ARGC
39 GF Score
Price $2.50
View Full Analysis

What is Arion Group Total Inventories?

Arion Group ARGC 39 Total Inventories is $0.00 Mil as of Oct. 2023. GuruFocus rates ARGC with a GF Score™ of 39/100.

Arion Group's total inventories for the quarter that ended in Oct. 2023 was $0.00 Mil. Arion Group's average total inventories from the quarter that ended in Jul. 2023 to the quarter that ended in Oct. 2023 was $0.02 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Arion Group's Net-Net Working Capital per share for the quarter that ended in Oct. 2023 was $-0.04.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Arion Group's Days Inventory for the three months ended in Oct. 2023 was 45.63.

Inventory Turnover measures how fast the company turns over its inventory within a year. Arion Group's Inventory Turnover for the quarter that ended in Oct. 2023 was 2.00.

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. Arion Group's Inventory-to-Revenue for the quarter that ended in Oct. 2023 was 0.25.

Arion Group  (OTCPK:ARGC) 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.

Arion Group's Net-Net Working Capital Per Share for the quarter that ended in Oct. 2023 is

Net-Net Working Capital Per Share (Q: Oct. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0+0.75 * 0.13+0.5 * 0-0.396
-0-0)/7.630
=-0.04

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

Arion Group's Days Inventory for the three months ended in Oct. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Oct. 2023 )/Cost of Goods Sold (Q: Oct. 2023 )*Days in Period
=0.019/0.038*365 / 4
=45.63

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

Arion Group's Inventory Turnover for the quarter that ended in Oct. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Oct. 2023 ) / Average Total Inventories (Q: Oct. 2023 )
=0.038 / 0.019
=2.00

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.

Arion Group's Inventory to Revenue for the quarter that ended in Oct. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Oct. 2023 ) / Revenue (Q: Oct. 2023 )
=0.019 / 0.075
=0.25

* 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.

Arion Group Total Inventories Related Terms

Arion Group Total Inventories Historical Data

* Premium members only.

The historical data trend for Arion 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.

Arion Group Total Inventories Chart

Arion Group Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Total Inventories
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Arion Group Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 0.00 0.00 0.00 0.04 0.00
ARGC
39GF Score
Arion Group Corp ARGC
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Arion 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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $0.00 Mil mean?
Arion Group (ARGC) has a Total Inventories of $0.00 Mil as of Oct. 2023. The total amount of inventory as recorded on a company's balance sheet. View historical data for Arion Group and its competitors.
Is Arion Group's Total Inventories too high?
Arion Group's current Total Inventories is $0.00 Mil. Overall, Arion Group has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Arion Group's Total Inventories compare to competitors?
Arion Group's Total Inventories of $0.00 Mil can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Diversified Financial Services company?
A good Total Inventories depends on the Diversified Financial Services industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Arion Group and its competitors. Arion Group's current Total Inventories is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arion Group stock overvalued right now?
Arion Group (ARGC) has a current Total Inventories of $0.00 Mil. The current Total Inventories is $0.00 Mil. Arion Group's overall GF Score™ is 39/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Arion Group (ARGC), the current Total Inventories is $0.00 Mil as of Oct. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Arion Group Business Description

Address 11268 Rush Street, South El Monte, CA, USA, 91733
Arion Group Corp is currently a start-up company exploring various manufacturing and distribution business opportunities in the dietary ingredient and nutritional supplement industry.
39GF Score

Get the complete analysis for ARGC

Total Inventories is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.50
Price