ASPI (ASP Isotopes) Total Inventories : $0.09 Mil (As of Sep. 2024)

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What is ASP Isotopes Total Inventories?

ASP Isotopes's total inventories for the quarter that ended in Sep. 2024 was $0.09 Mil. ASP Isotopes's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was $0.04 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. ASP Isotopes's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $0.10.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ASP Isotopes's Days Inventory for the three months ended in Sep. 2024 was 4.88.

Inventory Turnover measures how fast the company turns over its inventory within a year. ASP Isotopes's Inventory Turnover for the quarter that ended in Sep. 2024 was 18.68.

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. ASP Isotopes's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.04.

ASP Isotopes Total Inventories Historical Data

The historical data trend for ASP Isotopes'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.

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ASP Isotopes Total Inventories Chart

ASP Isotopes Annual Data

Trend

Dec21

Dec22

Dec23

Total Inventories

ASP Isotopes Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Inventories	Get a 7-Day Free Trial							-	-	-	-	0.09

ASP Isotopes 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.

ASP Isotopes (NAS:ASPI) 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.

ASP Isotopes's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

	Net-Net Working Capital Per Share (Q: Sep. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(51.572	+	0.75 * 0.56	+	0.5 * 0.085	-	42.114
-	0	-	3.316)	/	68.4091
=	0.10

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

ASP Isotopes's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2024 )	/	Cost of Goods Sold (Q: Sep. 2024 )	*	Days in Period
	=	0.0425	/	0.794	*	365 / 4
	=	4.88

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

ASP Isotopes's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2024 )	/	Average Total Inventories (Q: Sep. 2024 )
	=	0.794	/	0.0425
	=	18.68

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.

ASP Isotopes's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2024 )	/	Revenue (Q: Sep. 2024 )
	=	0.0425	/	1.088
	=	0.04

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.

ASP Isotopes Total Inventories Related Terms

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ASP Isotopes Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » ASP Isotopes Inc (NAS:ASPI) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

1101 Pennsylvania Avenue NW, Suite 300, Washington, DC, USA, 20004

Website

https://www.aspisotopes.com

ASP Isotopes Inc is a pre-commercial stage advanced materials company dedicated to the development of technology and processes that, if successful, will allow for the production of isotopes that may be used in several industries. The company utilizes technology developed in South Africa over the past 20 years to enrich isotopes of elements or molecules with low atomic masses.

Executives

Ak Jensen Investment Management Ltd	10 percent owner	1 CORNHILL, LONDON X0 EC3V 3ND
Todd Wider	director	4848 LEMMON AVENUE, SUITE 517, DALLAS TX 75219
Duncan Moore	director	C/O ASP ISOTOPES INC., 433 PLAZA REAL, SUITE 275, BOCA RATON FL 33432
Joshua Jay Donfeld	director	C/O ASP ISOTOPES INC., 433 PLAZA REAL, SUITE 275, BOCA RATON FL 90210
Sergey Vasnetsov	director	C/O ASP ISOTOPES INC., 433 PLAZA REAL, SUITE 275, BOCA RATON FL 33432
Paul Elliot Mann	director, 10 percent owner, officer: Chief Executive Officer	C/O ASP ISOTOPES INC., 433 PLAZA REAL, SUITE 275, BOCA RATON FL 33432
Einar Ronander	10 percent owner, other: Chief Scientific Adviser	C/O ASP ISOTOPES INC., 433 PLAZA REAL, SUITE 275, BOCA RATON FL 33432
Robert Ainscow	officer: Chief Financial Officer	C/O ASP ISOTOPES INC., 433 PLAZA REAL, SUITE 275, BOCA RATON FL 33432
Hendrik Strydom	director, 10 percent owner	C/O ASP ISOTOPES INC., 433 PLAZA REAL, SUITE 275, BOCA RATON FL 33432