KYN Capital Group (KYN Capital Group) Total Inventories : $0.07 Mil (As of Sep. 2010)

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What is KYN Capital Group Total Inventories?

KYN Capital Group's total inventories for the quarter that ended in Sep. 2010 was $0.07 Mil. KYN Capital Group's average total inventories from the quarter that ended in Jun. 2010 to the quarter that ended in Sep. 2010 was $0.07 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. KYN Capital Group's Net-Net Working Capital per share for the quarter that ended in Sep. 2010 was $-710.24.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. KYN Capital Group's Days Inventory for the three months ended in Sep. 2010 was 14.59.

Inventory Turnover measures how fast the company turns over its inventory within a year. KYN Capital Group's Inventory Turnover for the quarter that ended in Sep. 2010 was 6.25.

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. KYN Capital Group's Inventory-to-Revenue for the quarter that ended in Sep. 2010 was 0.04.

KYN Capital Group Total Inventories Historical Data

The historical data trend for KYN Capital Group'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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KYN Capital Group Total Inventories Chart

KYN Capital Group Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Total Inventories

0.04

0.03

0.13

0.08

0.07

KYN Capital Group Quarterly Data
	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10
Total Inventories	Get a 7-Day Free Trial														0.08	0.07	0.08	0.07	0.07

KYN Capital Group 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.

KYN Capital Group (OTCPK:KYNC) 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.

KYN Capital Group's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2010 is

	Net-Net Working Capital Per Share (Q: Sep. 2010 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.083	+	0.75 * 0.097	+	0.5 * 0.065	-	8.498
-	0	-	0)	/	0.0117
=	-710.24

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

KYN Capital Group's Days Inventory for the three months ended in Sep. 2010 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2010 )	/	Cost of Goods Sold (Q: Sep. 2010 )	*	Days in Period
	=	0.067	/	0.419	*	365 / 4
	=	14.59

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

KYN Capital Group's Inventory Turnover for the quarter that ended in Sep. 2010 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2010 )	/	Average Total Inventories (Q: Sep. 2010 )
	=	0.419	/	0.067
	=	6.25

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.

KYN Capital Group's Inventory to Revenue for the quarter that ended in Sep. 2010 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2010 )	/	Revenue (Q: Sep. 2010 )
	=	0.067	/	1.779
	=	0.04

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.

KYN Capital Group Total Inventories Related Terms

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KYN Capital Group (KYN Capital Group) Business Description

Industry

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Traded in Other Exchanges

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Address

800 E College Parkway, Carson City, NV, USA, 89706

Website

https://www.kyncap.com

KYN Capital Group Inc through its wholly-owned subsidiary is involved in real estate acquisitions and asset-based lending. It specializes in acquiring real estate under market value, and the equity that is available for being taken out as capital to be re-invested into, asset-based lending. The company provides asset-based loans for companies and individuals that provide adequate, and suitable collateral for a loan.