Continental Coal (ASX:CCC) Total Inventories: A$1.17 Mil (As of Jun. 2014)


What is Continental Coal Total Inventories?

Continental Coal ASX:CCC Total Inventories is A$1.17 Mil as of Jun. 2014. The stock has 4 warning signs investors should review.

Continental Coal's total inventories for the quarter that ended in Jun. 2014 was A$1.17 Mil. Continental Coal's average total inventories from the quarter that ended in Dec. 2013 to the quarter that ended in Jun. 2014 was A$2.18 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Continental Coal's Net-Net Working Capital per share for the quarter that ended in Jun. 2014 was A$-0.06.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Continental Coal's Days Inventory for the six months ended in Jun. 2014 was 13.07.

Inventory Turnover measures how fast the company turns over its inventory within a year. Continental Coal's Inventory Turnover for the quarter that ended in Jun. 2014 was 13.96.

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. Continental Coal's Inventory-to-Revenue for the quarter that ended in Jun. 2014 was 0.07.

Continental Coal  (ASX:CCC) 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.

Continental Coal's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2014 is

Net-Net Working Capital Per Share (Q: Jun. 2014 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3.619+0.75 * 2.996+0.5 * 1.166-157.003
-0--10.779)/2294.440
=-0.06

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

Continental Coal's Days Inventory for the six months ended in Jun. 2014 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2014 )/Cost of Goods Sold (Q: Jun. 2014 )*Days in Period
=2.178/30.41*365 / 2
=13.07

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

Continental Coal's Inventory Turnover for the quarter that ended in Jun. 2014 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2014 ) / Average Total Inventories (Q: Jun. 2014 )
=30.41 / 2.178
=13.96

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.

Continental Coal's Inventory to Revenue for the quarter that ended in Jun. 2014 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2014 ) / Revenue (Q: Jun. 2014 )
=2.178 / 30.109
=0.07

* 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.

Continental Coal Total Inventories Related Terms

Continental Coal Total Inventories Historical Data

* Premium members only.

The historical data trend for Continental Coal'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.

Continental Coal Total Inventories Chart

Continental Coal Annual Data
Trend Jun11 Jun12 Jun13 Jun14
Total Inventories
4.96 4.16 4.86 1.17

Continental Coal Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14
Total Inventories Get a 7-Day Free Trial 4.16 2.78 4.86 3.19 1.17

Continental Coal 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$1.17 Mil mean?
Continental Coal (ASX:CCC) has a Total Inventories of A$1.17 Mil as of Jun. 2014. The total amount of inventory as recorded on a company's balance sheet. View historical data for Continental Coal and its competitors.
Is Continental Coal's Total Inventories too high?
Continental Coal's current Total Inventories is A$1.17 Mil.
How does Continental Coal's Total Inventories compare to competitors?
Continental Coal's Total Inventories of A$1.17 Mil can be compared against companies in the Steel 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 Steel company?
A good Total Inventories depends on the Steel 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 Continental Coal and its competitors. Continental Coal's current Total Inventories is A$1.17 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Continental Coal stock overvalued right now?
Continental Coal (ASX:CCC) has a current Total Inventories of A$1.17 Mil. The current Total Inventories is A$1.17 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 Continental Coal (ASX:CCC), the current Total Inventories is A$1.17 Mil as of Jun. 2014. 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.

Continental Coal Business Description

Address 9th Floor, Fredman Towers, 13 Fredman Drive, Sandton, ZAF, 2196
Continental Coal Ltd is a coal exploration and development company. It is engaged in producing, development and exploration of coal in its projects located in South Africa's coal fields. Its three main operating mines are Vlakvarkfontein, Ferreira and Penumbra mine. Its development projects include De Wittekrans development project; and exploration projects, such as Vaalbank, Leiden and Knapdaar in South Africa, as well as Kweneng and Serowe exploration projects in Botswana.