African Eagle Resources (LSE:AFE) Total Inventories: £0.00 Mil (As of Jun. 2014)

What is African Eagle Resources Total Inventories?

African Eagle Resources LSE:AFE Total Inventories is £0.00 Mil as of Jun. 2014. The stock has 2 warning signs investors should review.

African Eagle Resources's total inventories for the quarter that ended in Jun. 2014 was £0.00 Mil. African Eagle Resources's average total inventories from the quarter that ended in Dec. 2013 to the quarter that ended in Jun. 2014 was £0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. African Eagle Resources's Net-Net Working Capital per share for the quarter that ended in Jun. 2014 was £0.00.

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.

African Eagle Resources (LSE:AFE) 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.

African Eagle Resources's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2014 is

	Net-Net Working Capital Per Share (Q: Jun. 2014 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.894	+	0.75 * 0.036	+	0.5 * 0	-	0.073
-	0	-	0)	/	871.160
=	0.00

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

African Eagle Resources's Days Inventory for the six months ended in Jun. 2014 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2014 )	/	Cost of Goods Sold (Q: Jun. 2014 )	*	Days in Period
	=	0	/	0	*	365 / 2
	=

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

African Eagle Resources's Inventory Turnover for the quarter that ended in Jun. 2014 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2014 )	/	Average Total Inventories (Q: Jun. 2014 )
	=	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.

African Eagle Resources's Inventory to Revenue for the quarter that ended in Jun. 2014 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2014 )	/	Revenue (Q: Jun. 2014 )
	=	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.

African Eagle Resources Total Inventories Related Terms

African Eagle Resources Total Inventories Historical Data

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The historical data trend for African Eagle Resources's Total Inventories can be seen below:

African Eagle Resources Total Inventories Chart

African Eagle Resources Annual Data

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African Eagle Resources Semi-Annual Data
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Total Inventories	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

African Eagle 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 £0.00 Mil mean?

African Eagle Resources (LSE:AFE) has a Total Inventories of £0.00 Mil as of Jun. 2014. The total amount of inventory as recorded on a company's balance sheet. View historical data for African Eagle Resources and its competitors.

Is African Eagle Resources' Total Inventories too high?

African Eagle Resources' current Total Inventories is £0.00 Mil.

How does African Eagle Resources' Total Inventories compare to competitors?

African Eagle Resources' 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 African Eagle Resources and its competitors. African Eagle Resources'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 African Eagle Resources stock overvalued right now?

African Eagle Resources (LSE:AFE) has a current Total Inventories of £0.00 Mil. The current Total Inventories is £0.00 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 African Eagle Resources (LSE:AFE), the current Total Inventories is £0.00 Mil as of Jun. 2014. 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.

African Eagle Resources Business Description

Industry Basic Materials Metals & Mining

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Website http://www.africaneagle.co.uk

African Eagle Resources PLC was incorporated on January 19, 2000. The Company is engaged in the exploration and development of nickel. The Company's Investing Policy is to seek opportunities in the natural resources, infrastructure and services sectors located in all geographic regions. It has 10% free carried interest in the Dutwa nickel project in Tanzania. It also has a shareholding of 14.4% in Elephant Copper Ltd a BVI registered company, with interests in copper projects in Zambia.