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Advantex Marketing International (Advantex Marketing International) Total Inventories : $0.00 Mil (As of Dec. 2023)


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What is Advantex Marketing International Total Inventories?

Advantex Marketing International's total inventories for the quarter that ended in Dec. 2023 was $0.00 Mil. Advantex Marketing International's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 2023 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Advantex Marketing International's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was $-0.04.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Advantex Marketing International's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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. Advantex Marketing International's Inventory-to-Revenue for the quarter that ended in Dec. 2023 was 0.00.


Advantex Marketing International Total Inventories Historical Data

The historical data trend for Advantex Marketing International'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.

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Advantex Marketing International Total Inventories Chart

Advantex Marketing International Annual Data
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Advantex Marketing International Quarterly Data
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Advantex Marketing International 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.


Advantex Marketing International  (OTCPK:ATXMF) 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.

Advantex Marketing International'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)
=(0.116+0.75 * 4.258+0.5 * 0-14.653
-0-0)/265.39
=-0.04

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

Advantex Marketing International's Days Inventory for the three 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
=0/0.144*365 / 4
=0.00

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

Advantex Marketing International'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 )
=0.144 / 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.

Advantex Marketing International'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 / 0.644
=0.00

* 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.


Advantex Marketing International Total Inventories Related Terms

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Advantex Marketing International (Advantex Marketing International) Business Description

Traded in Other Exchanges
Address
100 King Street West, Suite 1600, Toronto, ON, CAN, M5X 1G5
Advantex Marketing International Inc is a Canada-based company operating in the marketing services industry. The reportable segments include the Merchant Cash Advance (MCA) program, and the Aeroplan program.

Advantex Marketing International (Advantex Marketing International) Headlines