ASGOF (Asante Gold) Total Inventories: $117.4 Mil (As of Mar. 2026)


ASGOF Asante Gold Corp ASGOF
33 GF Score
Price $0.51
GF Value $1.02
Valuation Possible Value Trap
! 5 Warning Signs
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What is Asante Gold Total Inventories?

Asante Gold ASGOF +10.05% 33 Total Inventories is $117.4 Mil as of Mar. 2026. GuruFocus rates ASGOF with a GF Score™ of 33/100 and a GF Value™ of $1.02 (Possible Value Trap). The stock has 5 warning signs investors should review.

Asante Gold's total inventories for the quarter that ended in Mar. 2026 was $117.4 Mil. Asante Gold's average total inventories from the quarter that ended in Oct. 2025 to the quarter that ended in Mar. 2026 was $105.3 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Asante Gold's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was $-0.82.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Asante Gold's Days Inventory for the three months ended in Mar. 2026 was 40.04.

Inventory Turnover measures how fast the company turns over its inventory within a year. Asante Gold's Inventory Turnover for the quarter that ended in Mar. 2026 was 2.28.

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. Asante Gold's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.35.


Asante Gold  (OTCPK:ASGOF) 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.

Asante Gold's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is

Net-Net Working Capital Per Share (Q: Mar. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(67.138+0.75 * 19.487+0.5 * 117.412-872.075
-0-6.236)/902.254
=-0.82

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

Asante Gold's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=105.265/239.904*365 / 4
=40.04

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

Asante Gold's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2026 ) / Average Total Inventories (Q: Mar. 2026 )
=239.904 / 105.265
=2.28

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.

Asante Gold's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=105.265 / 300.432
=0.35

* 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.


Asante Gold Total Inventories Related Terms


Asante Gold Total Inventories Historical Data

* Premium members only.

The historical data trend for Asante 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.

Asante Gold Total Inventories Chart

Asante Gold Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 62.57 53.81

Asante Gold Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Mar26
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 79.72 81.66 66.40 93.12 117.41
ASGOF
33GF Score
Asante Gold Corp ASGOF
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Asante 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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $117.4 Mil mean?
Asante Gold (ASGOF) has a Total Inventories of $117.4 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Asante Gold and its competitors.
Is Asante Gold's Total Inventories too high?
Asante Gold's current Total Inventories is $117.4 Mil. Overall, Asante Gold has a GF Score™ of 33/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Asante Gold's Total Inventories compare to NEM and AU?
Asante Gold's Total Inventories of $117.4 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Total Inventories depends on the Metals & Mining 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 Asante Gold and its competitors. Asante Gold's current Total Inventories is $117.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asante Gold stock overvalued right now?
Based on GuruFocus' analysis, Asante Gold (ASGOF) is currently considered Possible Value Trap. The stock's GF Value™ is $1.02, compared to a current price of $0.51 — trading 50.4% below its estimated fair value. The current Total Inventories is $117.4 Mil. Asante Gold's overall GF Score™ is 33/100 with 5 warning signs to review. 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 Asante Gold (ASGOF), the current Total Inventories is $117.4 Mil as of Mar. 2026. 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.

Is Asante Gold (ASGOF) Overvalued in 2026?

Based on GuruFocus' analysis, Asante Gold stock appears to be undervalued. The current stock price of $0.51 is trading 50.4% below its estimated GF Value™ of $1.02. GuruFocus considers Asante Gold to be Possible Value Trap.

Key valuation signals for ASGOF:

  • Total Inventories: $117.4 Mil
  • GF Value™: $1.02 vs. price of $0.51 (50.4% below fair value)
  • GF Score™: 33/100 with 5 warning signs

No single metric tells the full story. See the ASGOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asante Gold Business Description

Address 800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6
Asante Gold Corp business activity is the operation of its two gold mines, the Bibiani Gold Mine and the Chirano Gold Mine, in the Republic of Ghana through a holding of interest in its subsidiaries. The Company is conducting exploration activities on properties assessed to be of merit for locating additional mineral resources, and has acquired or has options to acquire mining concession rights to additional properties in Ghana, where it is actively engaged in exploration and evaluation activities. The Company reports the results of two operating segments, the Bibiani Gold Mine and the Chirano Gold Mine, which generate maximum revenue.
33GF Score

Get the complete analysis for ASGOF

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

$0.51
Price
$1.02
GF Value