Ten Sixty Four (ASX:X64) Total Inventories : A$32.5 Mil (As of Dec. 2022)

View and export this data going back to 2003. Start your Free Trial

What is Ten Sixty Four Total Inventories?

Ten Sixty Four's total inventories for the quarter that ended in Dec. 2022 was A$32.5 Mil. Ten Sixty Four's average total inventories from the quarter that ended in Jun. 2022 to the quarter that ended in Dec. 2022 was A$38.1 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Ten Sixty Four's Net-Net Working Capital per share for the quarter that ended in Dec. 2022 was A$0.39.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Ten Sixty Four's Days Inventory for the six months ended in Dec. 2022 was 73.89.

Inventory Turnover measures how fast the company turns over its inventory within a year. Ten Sixty Four's Inventory Turnover for the quarter that ended in Dec. 2022 was 2.47.

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. Ten Sixty Four's Inventory-to-Revenue for the quarter that ended in Dec. 2022 was 0.27.

Ten Sixty Four Total Inventories Historical Data

The historical data trend for Ten Sixty Four'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.

Ten Sixty Four Total Inventories Chart

Ten Sixty Four Annual Data

Trend

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Total Inventories

Get a 7-Day Free Trial

16.33

18.34

22.43

21.84

43.63

Ten Sixty Four Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
Total Inventories	Get a 7-Day Free Trial															17.25	21.84	24.96	43.63	32.50

Ten Sixty Four 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.

Ten Sixty Four (ASX:X64) 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.

Ten Sixty Four's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2022 is

	Net-Net Working Capital Per Share (Q: Dec. 2022 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(89.903	+	0.75 * 19.38	+	0.5 * 32.503	-	31.396
-	0	-	0)	/	227.956
=	0.39

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

Ten Sixty Four's Days Inventory for the six months ended in Dec. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2022 )	/	Cost of Goods Sold (Q: Dec. 2022 )	*	Days in Period
	=	38.0655	/	94.012	*	365 / 2
	=	73.89

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

Ten Sixty Four's Inventory Turnover for the quarter that ended in Dec. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2022 )	/	Average Total Inventories (Q: Dec. 2022 )
	=	94.012	/	38.0655
	=	2.47

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.

Ten Sixty Four's Inventory to Revenue for the quarter that ended in Dec. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2022 )	/	Revenue (Q: Dec. 2022 )
	=	38.0655	/	141.479
	=	0.27

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.

Ten Sixty Four Total Inventories Related Terms

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

Ten Sixty Four (ASX:X64) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Ten Sixty Four Ltd (ASX:X64) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

MDSMF:USA

Address

1209 Hay Street, Suite 3, Level 1, West Perth, Perth, WA, AUS, 6005

Website

https://www.x64.gold

Ten Sixty Four Ltd is an Australian based gold producer company. It is engaged in the mineral exploration, evaluation, development, and production of properties. The company's segments include Mining, Exploration, and Other. The Mining segment generates all of its revenues. Its projects include the Co-O mine, Philippines exploration, and Queensland projects. It derives revenue from the sale of gold and silver. Its geographical segments include Australia, the Philippines, and Hong Kong, of which all of the revenues are generated from Hong Kong.

Ten Sixty Four (ASX:X64) Headlines

No Headlines