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Diamond Discoveries International (Diamond Discoveries International) Total Inventories : $0.00 Mil (As of Sep. 2011)


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What is Diamond Discoveries International Total Inventories?

Diamond Discoveries International's total inventories for the quarter that ended in Sep. 2011 was $0.00 Mil. Diamond Discoveries International's average total inventories from the quarter that ended in Jun. 2011 to the quarter that ended in Sep. 2011 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Diamond Discoveries International's Net-Net Working Capital per share for the quarter that ended in Sep. 2011 was $-0.00.

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.


Diamond Discoveries International Total Inventories Historical Data

The historical data trend for Diamond Discoveries 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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Diamond Discoveries International Total Inventories Chart

Diamond Discoveries International Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10
Total Inventories
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Diamond Discoveries International Quarterly Data
Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
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Diamond Discoveries 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.


Diamond Discoveries International  (OTCPK:DMDD) 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.

Diamond Discoveries International's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2011 is

Net-Net Working Capital Per Share (Q: Sep. 2011 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.011+0.75 * 0+0.5 * 0-2.088
-0-0)/448.304
=-0.00

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

Diamond Discoveries International's Days Inventory for the three months ended in Sep. 2011 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2011 )/Cost of Goods Sold (Q: Sep. 2011 )*Days in Period
=0/0*365 / 4
=

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

Diamond Discoveries International's Inventory Turnover for the quarter that ended in Sep. 2011 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2011 ) / Average Total Inventories (Q: Sep. 2011 )
=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.

Diamond Discoveries International's Inventory to Revenue for the quarter that ended in Sep. 2011 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2011 ) / Revenue (Q: Sep. 2011 )
=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.


Diamond Discoveries International Total Inventories Related Terms

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Diamond Discoveries International (Diamond Discoveries International) Business Description

Traded in Other Exchanges
N/A
Address
45 Rockefeller Plaza, Suite 2000, New York, NY, USA, 10111
Diamond Discoveries International Corp is a mineral exploration company. It is engaged in activities related to the exploration of mineral resources in Canada.

Diamond Discoveries International (Diamond Discoveries International) Headlines

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