CTGX Mining (CTGX Mining) Total Inventories : $0.30 Mil (As of Jan. 2005)

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What is CTGX Mining Total Inventories?

CTGX Mining's total inventories for the quarter that ended in Jan. 2005 was $0.30 Mil. CTGX Mining's average total inventories from the quarter that ended in Oct. 2004 to the quarter that ended in Jan. 2005 was $0.28 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. CTGX Mining's Net-Net Working Capital per share for the quarter that ended in Jan. 2005 was $N/A.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. CTGX Mining's Days Inventory for the three months ended in Jan. 2005 was 434.60.

Inventory Turnover measures how fast the company turns over its inventory within a year. CTGX Mining's Inventory Turnover for the quarter that ended in Jan. 2005 was 0.21.

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. CTGX Mining's Inventory-to-Revenue for the quarter that ended in Jan. 2005 was 3.27.

CTGX Mining Total Inventories Historical Data

The historical data trend for CTGX 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.

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CTGX Mining Total Inventories Chart

CTGX Mining Annual Data

Trend

Mar03

Total Inventories

CTGX Mining Quarterly Data
	Jun03	Sep03	Dec03	Mar04	Jul04	Oct04	Jan05
Total Inventories	Get a 7-Day Free Trial			-	-	0.27	0.27	0.30

CTGX 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.

CTGX Mining (OTCPK:CHCX) 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.

CTGX Mining's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2005 is

	Net-Net Working Capital Per Share (Q: Jan. 2005 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.004	+	0.75 * 0.114	+	0.5 * 0.295	-	1.122
-	0	-	0)	/	0
=	N/A

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

CTGX Mining's Days Inventory for the three months ended in Jan. 2005 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jan. 2005 )	/	Cost of Goods Sold (Q: Jan. 2005 )	*	Days in Period
	=	0.281	/	0.059	*	365 / 4
	=	434.60

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

CTGX Mining's Inventory Turnover for the quarter that ended in Jan. 2005 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jan. 2005 )	/	Average Total Inventories (Q: Jan. 2005 )
	=	0.059	/	0.281
	=	0.21

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.

CTGX Mining's Inventory to Revenue for the quarter that ended in Jan. 2005 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jan. 2005 )	/	Revenue (Q: Jan. 2005 )
	=	0.281	/	0.086
	=	3.27

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.

CTGX Mining Total Inventories Related Terms

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CTGX Mining (CTGX Mining) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » CTGX Mining Inc (OTCPK:CHCX) » Definitions » Total Inventories

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Traded in Other Exchanges

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Address

1015 G Waterwood Parkway, Suite O-2, Edmund, OK, USA, 73034

Website

http://www.ctgxmining.com

CTGX Mining Inc is an international, environmentally sensitive, minerals and resource development company. It holds mining interests in both Mexico and Columbia focused on a large reserve of rare earth elements, gold, silver lithium and other valuable ores.

Executives

Matthew Cohen

director, officer: CEO and Chairman of the Board

1702 COSTA DEL SOL, BOCA RATON FL 33432

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