Atlantic Gold NL (ASX:ATVCD) Total Inventories: A$0.00 Mil (As of Dec. 2013)


What is Atlantic Gold NL Total Inventories?

Atlantic Gold NL ASX:ATVCD Total Inventories is A$0.00 Mil as of Dec. 2013. The stock has 3 warning signs investors should review.

Atlantic Gold NL's total inventories for the quarter that ended in Dec. 2013 was A$0.00 Mil. Atlantic Gold NL's average total inventories from the quarter that ended in Jun. 2013 to the quarter that ended in Dec. 2013 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. Atlantic Gold NL's Net-Net Working Capital per share for the quarter that ended in Dec. 2013 was A$0.00.

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.

Atlantic Gold NL  (ASX:ATVCD) 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.

Atlantic Gold NL's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2013 is

Net-Net Working Capital Per Share (Q: Dec. 2013 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.509+0.75 * 0+0.5 * 0-1.6
-0-0)/818.450
=0.00

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

Atlantic Gold NL's Days Inventory for the six months ended in Dec. 2013 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2013 )/Cost of Goods Sold (Q: Dec. 2013 )*Days in Period
=0/0*365 / 2
=

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

Atlantic Gold NL's Inventory Turnover for the quarter that ended in Dec. 2013 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2013 ) / Average Total Inventories (Q: Dec. 2013 )
=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.

Atlantic Gold NL's Inventory to Revenue for the quarter that ended in Dec. 2013 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2013 ) / Revenue (Q: Dec. 2013 )
=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.

Atlantic Gold NL Total Inventories Related Terms

Atlantic Gold NL Total Inventories Historical Data

* Premium members only.

The historical data trend for Atlantic Gold NL'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.

Atlantic Gold NL Total Inventories Chart

Atlantic Gold NL Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Atlantic Gold NL Semi-Annual Data
Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13
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 0.00 0.00

Atlantic Gold NL 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 A$0.00 Mil mean?
Atlantic Gold NL (ASX:ATVCD) has a Total Inventories of A$0.00 Mil as of Dec. 2013. The total amount of inventory as recorded on a company's balance sheet. View historical data for Atlantic Gold NL and its competitors.
Is Atlantic Gold NL's Total Inventories too high?
Atlantic Gold NL's current Total Inventories is A$0.00 Mil.
How does Atlantic Gold NL's Total Inventories compare to competitors?
Atlantic Gold NL's Total Inventories of A$0.00 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 Atlantic Gold NL and its competitors. Atlantic Gold NL's current Total Inventories is A$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 Atlantic Gold NL stock overvalued right now?
Atlantic Gold NL (ASX:ATVCD) has a current Total Inventories of A$0.00 Mil. The current Total Inventories is A$0.00 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 Atlantic Gold NL (ASX:ATVCD), the current Total Inventories is A$0.00 Mil as of Dec. 2013. 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.

Atlantic Gold NL Business Description

Atlantic Gold NL (ATV, former Diamond Ventures NL) is primarily involved in the exploration of gold and diamonds in Australia and Canada. Current focus is on the development of the Touquoy project in Canada.