GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hamelin Gold Ltd (ASX:HMG) » Definitions » Total Inventories

Hamelin Gold (ASX:HMG) Total Inventories : A$0.00 Mil (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Hamelin Gold Total Inventories?

Hamelin Gold's total inventories for the quarter that ended in Dec. 2023 was A$0.00 Mil. Hamelin Gold'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. Hamelin Gold's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was A$0.03.

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.

Hamelin Gold Total Inventories Historical Data

The historical data trend for Hamelin 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.

* Premium members only.

Hamelin Gold Total Inventories Chart

Hamelin Gold Annual Data
Trend Jun21 Jun22 Jun23
Total Inventories
- - -

Hamelin Gold Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Total Inventories - - - - -

Hamelin 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.

Hamelin Gold  (ASX:HMG) 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.

Hamelin Gold'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)
=(5.243+0.75 * 0.14+0.5 * 0-0.336
-0-0)/157.5
=0.03

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

Hamelin Gold'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.

Hamelin Gold'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.

Hamelin Gold'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.

Hamelin Gold Total Inventories Related Terms

Thank you for viewing the detailed overview of Hamelin Gold's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Hamelin Gold (ASX:HMG) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hamelin Gold Ltd (ASX:HMG) » Definitions » Total Inventories
Comparable Companies
ASX:OZM ASX:GMN ASX:GMR ASX:GPR ASX:CTO ASX:ICL ASX:MZZ ASX:MRZ ASX:WCN ASX:TMB SHSE:601899 NEM TSX:ABX TSX:FNV TSX:AEM TSX:WPM MIC:PLZL ASX:NCM SHSE:600547 JSE:GFI
Traded in Other Exchanges
N/A
Address
1 Alvan Street, Suite 2, Subiaco, WA, AUS, 6008
Website
https://www.hamelingold.com.au
Hamelin Gold Ltd is a mineral resources exploration company to execute an exploration program at the West Tanami Gold Project in Western Australia. The company operates in one segment which is a mineral exploration and resource development in Australia.