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Avocet Mining (Avocet Mining) Total Inventories : $0.00 Mil (As of Jun. 2018)


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What is Avocet Mining Total Inventories?

Avocet Mining's total inventories for the quarter that ended in Jun. 2018 was $0.00 Mil. Avocet Mining's average total inventories from the quarter that ended in Dec. 2017 to the quarter that ended in Jun. 2018 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Avocet Mining's Net-Net Working Capital per share for the quarter that ended in Jun. 2018 was $-72.45.

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.


Avocet Mining Total Inventories Historical Data

The historical data trend for Avocet Mining'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.

Avocet Mining Total Inventories Chart

Avocet Mining Annual Data
Trend Mar08 Mar09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.92 41.00 17.27 15.37 -

Avocet Mining Semi-Annual Data
Mar08 Sep08 Mar09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.76 15.37 10.61 - -

Avocet Mining 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.


Avocet Mining  (OTCPK:AVVGY) 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.

Avocet Mining's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2018 is

Net-Net Working Capital Per Share (Q: Jun. 2018 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.832+0.75 * 0+0.5 * 0-32.117
-0-0)/0.418
=-72.45

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

Avocet Mining's Days Inventory for the six months ended in Jun. 2018 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2018 )/Cost of Goods Sold (Q: Jun. 2018 )*Days in Period
=0/0*365 / 2
=

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

Avocet Mining's Inventory Turnover for the quarter that ended in Jun. 2018 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2018 ) / Average Total Inventories (Q: Jun. 2018 )
=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.

Avocet Mining's Inventory to Revenue for the quarter that ended in Jun. 2018 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2018 ) / Revenue (Q: Jun. 2018 )
=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.


Avocet Mining Total Inventories Related Terms

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Avocet Mining (Avocet Mining) Business Description

Traded in Other Exchanges
N/A
Address
15 Old Bailey, 5th Floor, London, GBR, EC4M 7EF
Avocet Mining PLC is a West African gold mining and exploration company. It focuses on the evaluation and development of gold and other mineral resources.

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