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Jupiter Mines (ASX:JMS) Total Inventories : A$0.00 Mil (As of Aug. 2023)


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What is Jupiter Mines Total Inventories?

Jupiter Mines's total inventories for the quarter that ended in Aug. 2023 was A$0.00 Mil. Jupiter Mines's average total inventories from the quarter that ended in Feb. 2023 to the quarter that ended in Aug. 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. Jupiter Mines's Net-Net Working Capital per share for the quarter that ended in Aug. 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.


Jupiter Mines Total Inventories Historical Data

The historical data trend for Jupiter Mines'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.

Jupiter Mines Total Inventories Chart

Jupiter Mines Annual Data
Trend Aug17 Feb19 Feb20 Feb21 Feb22 Feb23 Jun24
Total Inventories
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Jupiter Mines Semi-Annual Data
Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Jun24
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Jupiter Mines 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.


Jupiter Mines  (ASX:JMS) 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.

Jupiter Mines's Net-Net Working Capital Per Share for the quarter that ended in Aug. 2023 is

Net-Net Working Capital Per Share (Q: Aug. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(27.11+0.75 * 4.364+0.5 * 0-80.482
-0-0)/1958.99
=-0.03

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

Jupiter Mines's Days Inventory for the six months ended in Aug. 2023 is calculated as:

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

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

Jupiter Mines's Inventory Turnover for the quarter that ended in Aug. 2023 is calculated as

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

Jupiter Mines's Inventory to Revenue for the quarter that ended in Aug. 2023 is calculated as

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


Jupiter Mines Total Inventories Related Terms

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Jupiter Mines Business Description

Traded in Other Exchanges
Address
220 St Georges Terrace, Level 8, Perth, WA, AUS, 6000
Jupiter Mines Ltd is a mining explorer and producer focusing on iron ore and manganese exploration and development projects in Western Australia and South Africa. Its core assets are Tshipi Solar Project.

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