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Gold Lakes (Gold Lakes) Total Inventories : $0.00 Mil (As of Apr. 2017)


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What is Gold Lakes Total Inventories?

Gold Lakes's total inventories for the quarter that ended in Apr. 2017 was $0.00 Mil. Gold Lakes's average total inventories from the quarter that ended in Jan. 2017 to the quarter that ended in Apr. 2017 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Gold Lakes's Net-Net Working Capital per share for the quarter that ended in Apr. 2017 was $-1.06.

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.


Gold Lakes Total Inventories Historical Data

The historical data trend for Gold Lakes'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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Gold Lakes Total Inventories Chart

Gold Lakes Annual Data
Trend Jul08 Jul09 Jul10 Jul11 Jul12 Jul13 Jul14 Jul15 Jul16
Total Inventories
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Gold Lakes Quarterly Data
Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17
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Gold Lakes 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.


Gold Lakes  (GREY:GLLK) 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.

Gold Lakes's Net-Net Working Capital Per Share for the quarter that ended in Apr. 2017 is

Net-Net Working Capital Per Share (Q: Apr. 2017 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.012+0.75 * 0+0.5 * 0-0.878
-0.01-0)/0.82256
=-1.06

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

Gold Lakes's Days Inventory for the three months ended in Apr. 2017 is calculated as:

Days Inventory=Average Total Inventories (Q: Apr. 2017 )/Cost of Goods Sold (Q: Apr. 2017 )*Days in Period
=0/0*365 / 4
=

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

Gold Lakes's Inventory Turnover for the quarter that ended in Apr. 2017 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Apr. 2017 ) / Average Total Inventories (Q: Apr. 2017 )
=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.

Gold Lakes's Inventory to Revenue for the quarter that ended in Apr. 2017 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Apr. 2017 ) / Revenue (Q: Apr. 2017 )
=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.


Gold Lakes Total Inventories Related Terms

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Gold Lakes (Gold Lakes) Business Description

Traded in Other Exchanges
N/A
Address
3401 Enterprise Parkway, Suite 340, Beachwood, OH, USA, 42122
Gold Lakes Corp is involved in the business of mining and developing precious metals, mainly Gold. Its projects include The Big Monty property located in the north of Kirkland Lake and east of Timmins in Ontario and The Ponderosa property located in townships of Frecheville, Stoughton, and the Mistaken islands of Ontario, Canada.

Gold Lakes (Gold Lakes) Headlines

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