Atlas Consolidated Mining & Development (PHS:AT) Total Inventories : ₱980 Mil (As of Mar. 2024)

View and export this data going back to 1970. Start your Free Trial

What is Atlas Consolidated Mining & Development Total Inventories?

Atlas Consolidated Mining & Development's total inventories for the quarter that ended in Mar. 2024 was ₱980 Mil. Atlas Consolidated Mining & Development's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 was ₱995 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Atlas Consolidated Mining & Development's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was ₱-5.49.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Atlas Consolidated Mining & Development's Days Inventory for the three months ended in Mar. 2024 was 22.06.

Inventory Turnover measures how fast the company turns over its inventory within a year. Atlas Consolidated Mining & Development's Inventory Turnover for the quarter that ended in Mar. 2024 was 4.14.

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. Atlas Consolidated Mining & Development's Inventory-to-Revenue for the quarter that ended in Mar. 2024 was 0.19.

Atlas Consolidated Mining & Development Total Inventories Historical Data

The historical data trend for Atlas Consolidated Mining & Development'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.

Atlas Consolidated Mining & Development Total Inventories Chart

Atlas Consolidated Mining & Development Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Inventories

Get a 7-Day Free Trial

1,452.71

1,146.83

1,590.25

1,053.63

1,011.04

Atlas Consolidated Mining & Development Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Inventories	Get a 7-Day Free Trial															944.24	1,006.42	1,035.57	1,011.04	979.65

Atlas Consolidated Mining & Development 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.

Atlas Consolidated Mining & Development (PHS:AT) 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.

Atlas Consolidated Mining & Development's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2024 is

	Net-Net Working Capital Per Share (Q: Mar. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(2676.171	+	0.75 * 526.175	+	0.5 * 979.65	-	23093.361
-	0	-	0)	/	3557.55
=	-5.49

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

Atlas Consolidated Mining & Development's Days Inventory for the three months ended in Mar. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2024 )	/	Cost of Goods Sold (Q: Mar. 2024 )	*	Days in Period
	=	995.345	/	4117.383	*	365 / 4
	=	22.06

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

Atlas Consolidated Mining & Development's Inventory Turnover for the quarter that ended in Mar. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Mar. 2024 )	/	Average Total Inventories (Q: Mar. 2024 )
	=	4117.383	/	995.345
	=	4.14

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.

Atlas Consolidated Mining & Development's Inventory to Revenue for the quarter that ended in Mar. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2024 )	/	Revenue (Q: Mar. 2024 )
	=	995.345	/	5359.93
	=	0.19

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.

Atlas Consolidated Mining & Development Total Inventories Related Terms

Thank you for viewing the detailed overview of Atlas Consolidated Mining & Development's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Atlas Consolidated Mining & Development (PHS:AT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Atlas Consolidated Mining & Development Corp (PHS:AT) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

Palm Coast Avenue Corner Pacific Drive, 5th Floor, Five E-Com Center, Mall of Asia Complex, Metro Manila, Pasay, RIZ, PHL, 1300

Website

https://www.atlasmining.com.ph

Atlas Consolidated Mining & Development Corp is engaged in metallic mineral mining and exploration and produces copper concentrate, magnetite iron ore concentrate, and others. The company operates in two segments Mining and Non-Mining. Its mining segment is engaged in exploration and mining operations and the non-mining segment is engaged in services, bulk water supply or acts as holding company. The company generates a majority of its revenue from the Mining Segment. It is also engaged in the development and commercial production of other marketable by-products such as pyrite, magnetite, and molybdenum.