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Campbell Resources (Campbell Resources) Total Inventories : $7.66 Mil (As of Sep. 2008)


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What is Campbell Resources Total Inventories?

Campbell Resources's total inventories for the quarter that ended in Sep. 2008 was $7.66 Mil. Campbell Resources's average total inventories from the quarter that ended in Jun. 2008 to the quarter that ended in Sep. 2008 was $8.75 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Campbell Resources's Net-Net Working Capital per share for the quarter that ended in Sep. 2008 was $-0.15.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Campbell Resources's Days Inventory for the three months ended in Sep. 2008 was 106.91.

Inventory Turnover measures how fast the company turns over its inventory within a year. Campbell Resources's Inventory Turnover for the quarter that ended in Sep. 2008 was 0.85.

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. Campbell Resources's Inventory-to-Revenue for the quarter that ended in Sep. 2008 was 1.53.


Campbell Resources Total Inventories Historical Data

The historical data trend for Campbell Resources'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.

Campbell Resources Total Inventories Chart

Campbell Resources Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.58 3.75 2.93 3.68 4.09

Campbell Resources Quarterly Data
Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
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 8.49 4.09 2.73 9.83 7.66

Campbell Resources 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.


Campbell Resources  (OTCPK:CBLRF) 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.

Campbell Resources's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2008 is

Net-Net Working Capital Per Share (Q: Sep. 2008 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.472+0.75 * 1.474+0.5 * 7.66-77.84
-0-0)/498.017
=-0.15

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

Campbell Resources's Days Inventory for the three months ended in Sep. 2008 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2008 )/Cost of Goods Sold (Q: Sep. 2008 )*Days in Period
=8.747/7.466*365 / 4
=106.91

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

Campbell Resources's Inventory Turnover for the quarter that ended in Sep. 2008 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2008 ) / Average Total Inventories (Q: Sep. 2008 )
=7.466 / 8.747
=0.85

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.

Campbell Resources's Inventory to Revenue for the quarter that ended in Sep. 2008 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2008 ) / Revenue (Q: Sep. 2008 )
=8.747 / 5.709
=1.53

* 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.


Campbell Resources Total Inventories Related Terms

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Campbell Resources (Campbell Resources) Business Description

Traded in Other Exchanges
N/A
Address
1155 Rue University, Suite 1405, Montreal, QC, CAN, H3B 3A7
Campbell Resources Inc is a junior mining company that operates gold and copper mines and owns a number of additional exploration properties.

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