GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Aura Minerals Inc (OTCPK:ORAAF) » Definitions » Total Inventories

ORAAF (Aura Minerals) Total Inventories : $63.2 Mil (As of Sep. 2024)


View and export this data going back to 2006. Start your Free Trial

What is Aura Minerals Total Inventories?

Aura Minerals's total inventories for the quarter that ended in Sep. 2024 was $63.2 Mil. Aura Minerals's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was $59.1 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Aura Minerals's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was $-6.84.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aura Minerals's Days Inventory for the three months ended in Sep. 2024 was 64.18.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aura Minerals's Inventory Turnover for the quarter that ended in Sep. 2024 was 1.42.

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. Aura Minerals's Inventory-to-Revenue for the quarter that ended in Sep. 2024 was 0.38.


Aura Minerals Total Inventories Historical Data

The historical data trend for Aura 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.

Aura Minerals Total Inventories Chart

Aura Minerals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.54 46.54 56.55 42.97 46.71

Aura Minerals Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 59.93 46.71 51.01 54.97 63.15

Aura 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.


Aura Minerals  (OTCPK:ORAAF) 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.

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

Net-Net Working Capital Per Share (Q: Sep. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(195.979+0.75 * 2.981+0.5 * 63.151-724.584
-0-0)/72.3728
=-6.84

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

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

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=59.0595/83.976*365 / 4
=64.18

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

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

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=83.976 / 59.0595
=1.42

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.

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

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=59.0595 / 156.157
=0.38

* 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.


Aura Minerals Total Inventories Related Terms

Thank you for viewing the detailed overview of Aura Minerals's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Aura Minerals Business Description

Traded in Other Exchanges
Address
255 Giralda Ave, Suite 6W102, Coral Gables, FL, USA, 33134
Aura Minerals Inc is a mid-tier gold and copper production company focused on the development and operation of gold and base metal projects in the Americas. The company's oeprating segments are its operating assets and include the Minosa Mine, the Apoena, the Aranzazu copper-gold-silver mine in Mexico and Almas MI. In addition, the company has additional gold projects in Brazil, Almas and Matupa, one gold project in Colombia, Tolda Fria and other projects such as Borborema and Serra de Estrela. Majority of the revenue for the company is generated from its Aranzazu Mine segment.