ASCC (Aristocrat Group) Total Inventories: $0.01 Mil (As of Apr. 2016)


What is Aristocrat Group Total Inventories?

Aristocrat Group ASCC +5.15% Total Inventories is $0.01 Mil as of Apr. 2016.

Aristocrat Group's total inventories for the quarter that ended in Apr. 2016 was $0.01 Mil. Aristocrat Group's average total inventories from the quarter that ended in Jan. 2016 to the quarter that ended in Apr. 2016 was $0.02 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Aristocrat Group's Net-Net Working Capital per share for the quarter that ended in Apr. 2016 was $-0.43.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aristocrat Group's Days Inventory for the three months ended in Apr. 2016 was 82.56.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aristocrat Group's Inventory Turnover for the quarter that ended in Apr. 2016 was 1.11.

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. Aristocrat Group's Inventory-to-Revenue for the quarter that ended in Apr. 2016 was 0.66.

Aristocrat Group  (OTCPK:ASCC) 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.

Aristocrat Group's Net-Net Working Capital Per Share for the quarter that ended in Apr. 2016 is

Net-Net Working Capital Per Share (Q: Apr. 2016 )
=(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 * 0.031+0.5 * 0.009-1.647
-0.001-0)/3.769
=-0.43

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

Aristocrat Group's Days Inventory for the three months ended in Apr. 2016 is calculated as:

Days Inventory=Average Total Inventories (Q: Apr. 2016 )/Cost of Goods Sold (Q: Apr. 2016 )*Days in Period
=0.019/0.021*365 / 4
=82.56

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

Aristocrat Group's Inventory Turnover for the quarter that ended in Apr. 2016 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Apr. 2016 ) / Average Total Inventories (Q: Apr. 2016 )
=0.021 / 0.019
=1.11

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.

Aristocrat Group's Inventory to Revenue for the quarter that ended in Apr. 2016 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Apr. 2016 ) / Revenue (Q: Apr. 2016 )
=0.019 / 0.029
=0.66

* 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.

Aristocrat Group Total Inventories Related Terms

Aristocrat Group Total Inventories Historical Data

* Premium members only.

The historical data trend for Aristocrat 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.

Aristocrat Group Total Inventories Chart

Aristocrat Group Annual Data
Trend Jul12 Jul13 Jul14 Jul15
Total Inventories
0.00 0.00 0.02 0.01

Aristocrat Group Quarterly Data
Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16
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 0.03 0.01 0.05 0.03 0.01

Aristocrat 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 $0.01 Mil mean?
Aristocrat Group (ASCC) has a Total Inventories of $0.01 Mil as of Apr. 2016. The total amount of inventory as recorded on a company's balance sheet. View historical data for Aristocrat Group and its competitors.
Is Aristocrat Group's Total Inventories too high?
Aristocrat Group's current Total Inventories is $0.01 Mil.
How does Aristocrat Group's Total Inventories compare to CMHZ and THST?
Aristocrat Group's Total Inventories of $0.01 Mil can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Total Inventories depends on the Beverages - Alcoholic 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 Aristocrat Group and its competitors. Aristocrat Group's current Total Inventories is $0.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aristocrat Group stock overvalued right now?
Aristocrat Group (ASCC) has a current Total Inventories of $0.01 Mil. The current Total Inventories is $0.01 Mil. 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 Aristocrat Group (ASCC), the current Total Inventories is $0.01 Mil as of Apr. 2016. 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.

Aristocrat Group Business Description

Address 4701 Pine Circle Drive, Bellaire, TX, USA, 77401
Aristocrat Group Corp is a United States based company engaged in the distilled spirits industry. It is engaged in the business of brand management and development in the beverage and lifestyle space, with a focus on alcoholic beverage brands in the U.S. The company's principal beverage products-Merica Beer and RWB Vodka, which are manufactured and packaged through third-party partners. Its core operations encompass licensing agreements (manufacture, marketing and distribution), brand development and visual identity, retail and e-commerce distribution, and product innovation/portfolio expansion.