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JEWL (Adamas One) Total Inventories : $1.33 Mil (As of Jun. 2024)


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What is Adamas One Total Inventories?

Adamas One's total inventories for the quarter that ended in Jun. 2024 was $1.33 Mil. Adamas One's average total inventories from the quarter that ended in Mar. 2024 to the quarter that ended in Jun. 2024 was $1.41 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Adamas One's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was $-0.33.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Adamas One's Days Inventory for the three months ended in Jun. 2024 was 799.71.

Inventory Turnover measures how fast the company turns over its inventory within a year. Adamas One's Inventory Turnover for the quarter that ended in Jun. 2024 was 0.11.

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. Adamas One's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 7.84.


Adamas One Total Inventories Historical Data

The historical data trend for Adamas One'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.

Adamas One Total Inventories Chart

Adamas One Annual Data
Trend Sep20 Sep21 Sep22 Sep23
Total Inventories
0.05 0.09 0.06 1.56

Adamas One Quarterly Data
Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.15 1.56 1.46 1.49 1.33

Adamas One 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.


Adamas One  (OTCPK:JEWL) 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.

Adamas One's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 is

Net-Net Working Capital Per Share (Q: Jun. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.016+0.75 * 0.015+0.5 * 1.334-13.022
-0-0)/37.892
=-0.33

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

Adamas One's Days Inventory for the three months ended in Jun. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2024 )/Cost of Goods Sold (Q: Jun. 2024 )*Days in Period
=1.411/0.161*365 / 4
=799.71

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

Adamas One's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2024 ) / Average Total Inventories (Q: Jun. 2024 )
=0.161 / 1.411
=0.11

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.

Adamas One's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2024 ) / Revenue (Q: Jun. 2024 )
=1.411 / 0.18
=7.84

* 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.


Adamas One Total Inventories Related Terms

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Adamas One Business Description

Traded in Other Exchanges
N/A
Address
17767 N. Perimeter Drive, Suite B115, Scottsdale, AZ, USA, 85255
Adamas One Corp is a high-tech diamond company that uses its proprietary technology to produce high-quality, single-crystal diamonds and diamond materials through a CVD process, which it refers to as Diamond Technology. It operates as a Lab-Grown Diamond manufacturer that produces single-crystal diamonds for gemstone and industrial applications. The company produces chemical vapor deposition (CVD) gem-sized Lab-Grown Diamond crystals using processes pioneered by Apollo Diamond. The company's controlled manufacturing processes enable it to produce High-Quality, High Purity, High Volume, single-crystal colorless, near-colorless, and fancy-colored diamonds to suit a variety of industrial and gemstone applications.
Executives
John Grdina director, officer: President and CEO 8340 E. RAINTREE DR. UNIT D, SCOTTSDALE AZ 85260
Gerald A Mcguire officer: Chief Operating Officer SCIO DIAMOND TECHNOLOGY CORPORATION, 411 UNIVERSITY RIDGE, STE D, GREENVILLE SC 29601
Alan B. Menkes director 1160 DAIRY ASHFORD RD, STE 160, HOUSTON TX 77079
Paul Vassilakos director 180 MADISON AVENUE, 17TH FLOOR, NEW YORK NY 10016
Thierry J Chaunu director 17767 NORTH PERIMETER DRIVE, SUITE B115, SCOTTSDALE AZ 85255
George C Chien director 17767 NORTH PERIMETER DRIVE, SUITE B115, SCOTTSDALE AZ 85225
Steven Staehr officer: Chief Financial Officer 9449 SCIENCE CENTER DRIVE, NEW HOPE MN 55428
Pubco, Llc 10 percent owner 10645 N. TATUM BLVD., PHOENIX AZ 85028