ATH Resources (LSE:5154) Total Inventories: £8.49 Mil (As of Mar. 2012)


What is ATH Resources Total Inventories?

ATH Resources LSE:5154 Total Inventories is £8.49 Mil as of Mar. 2012.

ATH Resources's total inventories for the quarter that ended in Mar. 2012 was £8.49 Mil. ATH Resources's average total inventories from the quarter that ended in Sep. 2011 to the quarter that ended in Mar. 2012 was £9.98 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. ATH Resources's Net-Net Working Capital per share for the quarter that ended in Mar. 2012 was £-1.71.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ATH Resources's Days Inventory for the six months ended in Mar. 2012 was 42.36.

Inventory Turnover measures how fast the company turns over its inventory within a year. ATH Resources's Inventory Turnover for the quarter that ended in Mar. 2012 was 4.31.

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. ATH Resources's Inventory-to-Revenue for the quarter that ended in Mar. 2012 was 0.22.

ATH Resources  (LSE:5154) 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.

ATH Resources's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2012 is

Net-Net Working Capital Per Share (Q: Mar. 2012 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.151+0.75 * 0+0.5 * 8.494-78.953
-0-0)/42.372
=-1.71

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

ATH Resources's Days Inventory for the six months ended in Mar. 2012 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2012 )/Cost of Goods Sold (Q: Mar. 2012 )*Days in Period
=9.9785/42.986*365 / 2
=42.36

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

ATH Resources's Inventory Turnover for the quarter that ended in Mar. 2012 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2012 ) / Average Total Inventories (Q: Mar. 2012 )
=42.986 / 9.9785
=4.31

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.

ATH Resources's Inventory to Revenue for the quarter that ended in Mar. 2012 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2012 ) / Revenue (Q: Mar. 2012 )
=9.9785 / 44.639
=0.22

* 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.

ATH Resources Total Inventories Related Terms

ATH Resources Total Inventories Historical Data

* Premium members only.

The historical data trend for ATH Resources'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.

ATH Resources Total Inventories Chart

ATH Resources Annual Data
Trend Sep04 Sep05 Sep06 Sep07 Sep08 Sep09 Sep10
Total Inventories
Get a 7-Day Free Trial 6.76 7.79 14.97 12.79 11.93

ATH Resources Semi-Annual Data
Mar04 Sep04 Mar06 Sep06 Mar07 Sep07 Mar08 Sep08 Mar09 Sep09 Mar10 Sep10 Mar11 Sep11 Mar12
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 14.51 11.93 10.26 11.46 8.49

ATH Resources 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 £8.49 Mil mean?
ATH Resources (LSE:5154) has a Total Inventories of £8.49 Mil as of Mar. 2012. The total amount of inventory as recorded on a company's balance sheet. View historical data for ATH Resources and its competitors.
Is ATH Resources' Total Inventories too high?
ATH Resources' current Total Inventories is £8.49 Mil.
How does ATH Resources' Total Inventories compare to competitors?
ATH Resources' Total Inventories of £8.49 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Total Inventories depends on the Oil & Gas 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 ATH Resources and its competitors. ATH Resources's current Total Inventories is £8.49 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ATH Resources stock overvalued right now?
ATH Resources (LSE:5154) has a current Total Inventories of £8.49 Mil. The current Total Inventories is £8.49 Mil. 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 ATH Resources (LSE:5154), the current Total Inventories is £8.49 Mil as of Mar. 2012. 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.