Abra Mining & Industrial (PHS:AR) Total Inventories: ₱6.22 Mil (As of Sep. 2020)


What is Abra Mining & Industrial Total Inventories?

Abra Mining & Industrial PHS:AR Total Inventories is ₱6.22 Mil as of Sep. 2020.

Abra Mining & Industrial's total inventories for the quarter that ended in Sep. 2020 was ₱6.22 Mil. Abra Mining & Industrial's average total inventories from the quarter that ended in Jun. 2020 to the quarter that ended in Sep. 2020 was ₱6.26 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Abra Mining & Industrial's Net-Net Working Capital per share for the quarter that ended in Sep. 2020 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. Abra Mining & Industrial's Inventory Turnover for the quarter that ended in Sep. 2020 was 0.00.

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.

Abra Mining & Industrial  (PHS:AR) 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.

Abra Mining & Industrial's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2020 is

Net-Net Working Capital Per Share (Q: Sep. 2020 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.362+0.75 * 0+0.5 * 6.219-62.012
-0-0)/199294.584
=-0.00

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

Abra Mining & Industrial's Days Inventory for the three months ended in Sep. 2020 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2020 )/Cost of Goods Sold (Q: Sep. 2020 )*Days in Period
=6.259/0*365 / 4
=

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

Abra Mining & Industrial's Inventory Turnover for the quarter that ended in Sep. 2020 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2020 ) / Average Total Inventories (Q: Sep. 2020 )
=0 / 6.259
=0.00

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.

Abra Mining & Industrial's Inventory to Revenue for the quarter that ended in Sep. 2020 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2020 ) / Revenue (Q: Sep. 2020 )
=6.259 / 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.

Abra Mining & Industrial Total Inventories Related Terms

Abra Mining & Industrial Total Inventories Historical Data

* Premium members only.

The historical data trend for Abra Mining & Industrial'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.

Abra Mining & Industrial Total Inventories Chart

Abra Mining & Industrial Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.49 7.24 7.02 6.99 5.26

Abra Mining & Industrial Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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 6.50 5.26 6.34 6.30 6.22

Abra Mining & Industrial 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 ₱6.22 Mil mean?
Abra Mining & Industrial (PHS:AR) has a Total Inventories of ₱6.22 Mil as of Sep. 2020. The total amount of inventory as recorded on a company's balance sheet. View historical data for Abra Mining & Industrial and its competitors.
Is Abra Mining & Industrial's Total Inventories too high?
Abra Mining & Industrial's current Total Inventories is ₱6.22 Mil.
How does Abra Mining & Industrial's Total Inventories compare to competitors?
Abra Mining & Industrial's Total Inventories of ₱6.22 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 Abra Mining & Industrial and its competitors. Abra Mining & Industrial's current Total Inventories is ₱6.22 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Abra Mining & Industrial stock overvalued right now?
Abra Mining & Industrial (PHS:AR) has a current Total Inventories of ₱6.22 Mil. The current Total Inventories is ₱6.22 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 Abra Mining & Industrial (PHS:AR), the current Total Inventories is ₱6.22 Mil as of Sep. 2020. 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.

Abra Mining & Industrial Business Description

Address 103 West Avenue, Jabel Business Center, Brgy. Bungad, Quezon, QUE, PHL, 1104
Abra Mining & Industrial Corp is a Philippines-based mineral exploration company. The principal business activities of the company are exploration, development, exploitation, manufacture and sale of cement and metal concentrate, building materials, and other minerals. In addition, it is also involved in the processing and manufacture of non-metals for industrial and commercial purposes. The firm's projects include Capcapo Copper-Gold, Bucay Iron Sand, Baticang Limestone, Patok Gold- Copper, and SanVig iron sand project.