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Australian Gold and Copper (ASX:AGC) Total Inventories : A$0.00 Mil (As of Dec. 2023)


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What is Australian Gold and Copper Total Inventories?

Australian Gold and Copper's total inventories for the quarter that ended in Dec. 2023 was A$0.00 Mil. Australian Gold and Copper's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Dec. 2023 was A$0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Australian Gold and Copper's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was A$0.05.

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

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.


Australian Gold and Copper Total Inventories Historical Data

The historical data trend for Australian Gold and Copper'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.

Australian Gold and Copper Total Inventories Chart

Australian Gold and Copper Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Total Inventories
- - - -

Australian Gold and Copper Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Inventories Get a 7-Day Free Trial - - - - -

Australian Gold and Copper 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.


Australian Gold and Copper  (ASX:AGC) 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.

Australian Gold and Copper's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

Net-Net Working Capital Per Share (Q: Dec. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(11.573+0.75 * 0+0.5 * 0-0.149
-0-0)/222.222
=0.05

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

Australian Gold and Copper's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2023 )/Cost of Goods Sold (Q: Dec. 2023 )*Days in Period
=0/0*365 / 2
=

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

Australian Gold and Copper's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2023 ) / Average Total Inventories (Q: Dec. 2023 )
=0 / 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.

Australian Gold and Copper's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=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.


Australian Gold and Copper Total Inventories Related Terms

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Australian Gold and Copper (ASX:AGC) Business Description

Traded in Other Exchanges
N/A
Address
55 Hampden Road, Suite 7, Nedlands, Perth, WA, AUS, 6009
Australian Gold and Copper Ltd is engaged in exploring and developing gold exploration projects with demonstrated high discovery potential. Its projects include the Moorefield project, Derriwong project, Rast project, Gundagai project, and Cargelligo project.

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