California Gold Mining (California Gold Mining) Total Inventories : $0.50 Mil (As of May. 2021)

California Gold Mining Total Inventories Chart

California Gold Mining Annual Data
	Trend	Aug11	Aug12	Aug13	Aug14	Aug15	Aug16	Aug17	Aug18	Aug19	Aug20
Total Inventories		Get a 7-Day Free Trial					-	-	-	-	0.50

California Gold Mining Quarterly Data
	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21
Total Inventories	Get a 7-Day Free Trial															-	0.50	0.50	0.50	0.50

California Gold 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.

California Gold Mining  (OTCPK:CFGMF) 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.

California Gold Mining's Net-Net Working Capital Per Share for the quarter that ended in May. 2021 is

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

California Gold Mining's Days Inventory for the three months ended in May. 2021 is calculated as:

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

California Gold Mining's Inventory Turnover for the quarter that ended in May. 2021 is calculated as

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.

California Gold Mining's Inventory to Revenue for the quarter that ended in May. 2021 is calculated as

* 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.

California Gold Mining Total Inventories Related Terms

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

California Gold Mining (California Gold Mining) Business Description