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LKMNF (Lucky Minerals) Total Inventories : $0.00 Mil (As of Apr. 2024)


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What is Lucky Minerals Total Inventories?

Lucky Minerals's total inventories for the quarter that ended in Apr. 2024 was $0.00 Mil. Lucky Minerals's average total inventories from the quarter that ended in Jan. 2024 to the quarter that ended in Apr. 2024 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Lucky Minerals's Net-Net Working Capital per share for the quarter that ended in Apr. 2024 was $-0.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Lucky Minerals's Days Inventory for the three months ended in Apr. 2024 was 0.00.

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.


Lucky Minerals Total Inventories Historical Data

The historical data trend for Lucky Minerals'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.

Lucky Minerals Total Inventories Chart

Lucky Minerals Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Oct20 Oct21 Oct22 Oct23
Total Inventories
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Lucky Minerals Quarterly Data
Mar19 Jun19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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Lucky Minerals 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.


Lucky Minerals  (OTCPK:LKMNF) 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.

Lucky Minerals's Net-Net Working Capital Per Share for the quarter that ended in Apr. 2024 is

Net-Net Working Capital Per Share (Q: Apr. 2024 )
=(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 * 0-2.472
-0-0)/202.254
=-0.01

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

Lucky Minerals's Days Inventory for the three months ended in Apr. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Apr. 2024 )/Cost of Goods Sold (Q: Apr. 2024 )*Days in Period
=0/0.001*365 / 4
=0.00

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

Lucky Minerals's Inventory Turnover for the quarter that ended in Apr. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Apr. 2024 ) / Average Total Inventories (Q: Apr. 2024 )
=0.001 / 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.

Lucky Minerals's Inventory to Revenue for the quarter that ended in Apr. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Apr. 2024 ) / Revenue (Q: Apr. 2024 )
=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.


Lucky Minerals Total Inventories Related Terms

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Lucky Minerals Business Description

Traded in Other Exchanges
N/A
Address
789 West Pender Street, Suite 1010, Vancouver, BC, CAN, V6C 1H2
Lucky Minerals Inc is engaged in the business of acquiring and exploring large-scale mineral systems in some districts. It owns an interest in the Fortuna Project in Ecuador that is a royalty-free exploration property and has the potential for the discovery of epithermal gold and copper, moly, gold porphyry type mineralization, as others found in the Andean Cordillera.