PLBLF (Altus Copper) Total Inventories: $0.01 Mil (As of Jun. 2023)

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What is Altus Copper Total Inventories?

Altus Copper PLBLF Total Inventories is $0.01 Mil as of Jun. 2023.

Altus Copper's total inventories for the quarter that ended in Jun. 2023 was $0.01 Mil. Altus Copper's average total inventories from the quarter that ended in Mar. 2023 to the quarter that ended in Jun. 2023 was $0.02 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Altus Copper's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was $-0.04.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Altus Copper's Days Inventory for the three months ended in Jun. 2023 was 18.48.

Inventory Turnover measures how fast the company turns over its inventory within a year. Altus Copper's Inventory Turnover for the quarter that ended in Jun. 2023 was 4.94.

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. Altus Copper's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.22.


Altus Copper  (OTCPK:PLBLF) 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.

Altus Copper's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2023 is

Net-Net Working Capital Per Share (Q: Jun. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.136+0.75 * 0.01+0.5 * 0.007-0.221
-0-0)/2.108
=-0.04

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

Altus Copper's Days Inventory for the three months ended in Jun. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2023 )/Cost of Goods Sold (Q: Jun. 2023 )*Days in Period
=0.016/0.079*365 / 4
=18.48

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

Altus Copper's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2023 ) / Average Total Inventories (Q: Jun. 2023 )
=0.079 / 0.016
=4.94

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.

Altus Copper's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=0.016 / 0.072
=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.


Altus Copper Total Inventories Related Terms


Altus Copper Total Inventories Historical Data

* Premium members only.

The historical data trend for Altus Copper'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.

Altus Copper Total Inventories Chart

Altus Copper Annual Data
Trend Dec20 Dec21 Dec22
Total Inventories
0.05 0.07 0.08

Altus Copper Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.11 0.12 0.08 0.03 0.01

Altus Copper 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 $0.01 Mil mean?
Altus Copper (PLBLF) has a Total Inventories of $0.01 Mil as of Jun. 2023. The total amount of inventory as recorded on a company's balance sheet. View historical data for Altus Copper and its competitors.
Is Altus Copper's Total Inventories too high?
Altus Copper's current Total Inventories is $0.01 Mil.
How does Altus Copper's Total Inventories compare to TTCFQ and BSFC?
Altus Copper's Total Inventories of $0.01 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Total Inventories depends on the Consumer Packaged Goods 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 Altus Copper and its competitors. Altus Copper's current Total Inventories is $0.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altus Copper stock overvalued right now?
Altus Copper (PLBLF) has a current Total Inventories of $0.01 Mil. The current Total Inventories is $0.01 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 Altus Copper (PLBLF), the current Total Inventories is $0.01 Mil as of Jun. 2023. 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.

Altus Copper Business Description

Address 1095 W Pender Street, Suite 750, Vancouver, BC, CAN, V6E 2M6
Altus Copper Corp formerly Plantable Health Inc offers a lifestyle change program that uses the foundations of behavioral psychology, neuroscience, and nutritional science to transform health and wellness and promote healthy weight loss by facilitating, supporting, and empowering customers through the introduction to and adoption of a plant-centric diet. The meal plans offered by the company include The Reboot, The Quickstart and A La Carte.