LKAI (LKA Gold) Total Inventories: $0.00 Mil (As of Sep. 2019)


LKAI LKA Gold Inc LKAI
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What is LKA Gold Total Inventories?

LKA Gold LKAI 12 Total Inventories is $0.00 Mil as of Sep. 2019. GuruFocus rates LKAI with a GF Score™ of 12/100.

LKA Gold's total inventories for the quarter that ended in Sep. 2019 was $0.00 Mil. LKA Gold's average total inventories from the quarter that ended in Jun. 2019 to the quarter that ended in Sep. 2019 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. LKA Gold's Net-Net Working Capital per share for the quarter that ended in Sep. 2019 was $-0.03.

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.

LKA Gold  (OTCPK:LKAI) 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.

LKA Gold's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2019 is

Net-Net Working Capital Per Share (Q: Sep. 2019 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0+0.75 * 0+0.5 * 0-0.838
-0-0)/27.698
=-0.03

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

LKA Gold's Days Inventory for the three months ended in Sep. 2019 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2019 )/Cost of Goods Sold (Q: Sep. 2019 )*Days in Period
=0/0*365 / 4
=

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

LKA Gold's Inventory Turnover for the quarter that ended in Sep. 2019 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2019 ) / Average Total Inventories (Q: Sep. 2019 )
=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.

LKA Gold's Inventory to Revenue for the quarter that ended in Sep. 2019 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2019 ) / Revenue (Q: Sep. 2019 )
=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.

LKA Gold Total Inventories Related Terms

LKA Gold Total Inventories Historical Data

* Premium members only.

The historical data trend for LKA Gold'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.

LKA Gold Total Inventories Chart

LKA Gold Annual Data
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LKA Gold Quarterly Data
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LKAI
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LKA Gold Inc LKAI
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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LKA Gold 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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $0.00 Mil mean?
LKA Gold (LKAI) has a Total Inventories of $0.00 Mil as of Sep. 2019. The total amount of inventory as recorded on a company's balance sheet. View historical data for LKA Gold and its competitors.
Is LKA Gold's Total Inventories too high?
LKA Gold's current Total Inventories is $0.00 Mil. Overall, LKA Gold has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does LKA Gold's Total Inventories compare to IMII and GLNS?
LKA Gold's Total Inventories of $0.00 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Metals & Mining company?
A good Total Inventories depends on the Metals & Mining industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for LKA Gold and its competitors. LKA Gold's current Total Inventories is $0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LKA Gold stock overvalued right now?
LKA Gold (LKAI) has a current Total Inventories of $0.00 Mil. The current Total Inventories is $0.00 Mil. LKA Gold's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For LKA Gold (LKAI), the current Total Inventories is $0.00 Mil as of Sep. 2019. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

LKA Gold Business Description

Address 3724 47th Street Ct. N.W., Gig Harbor, WA, USA, 98335
LKA Gold Inc is a gold mining and exploration company located in Gig Harbor, WA. The company's primary asset is a high-grade gold-producing property known as the Golden Wonder mine located in Colorado.
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