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G2 Goldfields (TSX:GTWO) Total Inventories : C$0.00 Mil (As of Feb. 2025)


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What is G2 Goldfields Total Inventories?

G2 Goldfields's total inventories for the quarter that ended in Feb. 2025 was C$0.00 Mil. G2 Goldfields's average total inventories from the quarter that ended in Nov. 2024 to the quarter that ended in Feb. 2025 was C$0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. G2 Goldfields's Net-Net Working Capital per share for the quarter that ended in Feb. 2025 was C$0.12.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. G2 Goldfields's Days Inventory for the three months ended in Feb. 2025 was 0.00.

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. G2 Goldfields's Inventory-to-Revenue for the quarter that ended in Feb. 2025 was 0.00.


G2 Goldfields Total Inventories Historical Data

The historical data trend for G2 Goldfields'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.

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G2 Goldfields Total Inventories Chart

G2 Goldfields Annual Data
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G2 Goldfields Quarterly Data
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G2 Goldfields 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.


G2 Goldfields  (TSX:GTWO) 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.

G2 Goldfields's Net-Net Working Capital Per Share for the quarter that ended in Feb. 2025 is

Net-Net Working Capital Per Share (Q: Feb. 2025 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(32.547+0.75 * 0.06+0.5 * 0-3.345
-0-0)/240.487
=0.12

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

G2 Goldfields's Days Inventory for the three months ended in Feb. 2025 is calculated as:

Days Inventory=Average Total Inventories (Q: Feb. 2025 )/Cost of Goods Sold (Q: Feb. 2025 )*Days in Period
=0/0.004*365 / 4
=0.00

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

G2 Goldfields's Inventory Turnover for the quarter that ended in Feb. 2025 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Feb. 2025 ) / Average Total Inventories (Q: Feb. 2025 )
=0.004 / 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.

G2 Goldfields's Inventory to Revenue for the quarter that ended in Feb. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Feb. 2025 ) / Revenue (Q: Feb. 2025 )
=0 / 0.162
=0.00

* 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.


G2 Goldfields Total Inventories Related Terms

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G2 Goldfields Business Description

Traded in Other Exchanges
Address
141 Adelaide Street West, Suite 1101, Toronto, ON, CAN, M5H 3L5
G2 Goldfields Inc is a Canada-based company engaged in the business of acquiring and exploring mineral properties. The company's project portfolio includes Sandy Lake Gold Project in Canada, Aremu / Oko Gold Project in Guyana, and Peters Mine in Guyana.
Executives
Anglogold Ashanti Holdings Plc 10% Security Holder
Patrick John Sheridan 10% Security Holder, Director, Senior Officer
Daniel Joseph Noone Director, Senior Officer
Stephen William Canning Stow Director
Bruce Rosenberg Director
Torben Michalsen Senior Officer
Paul Murphy Senior Officer
Peter James Mullens Director

G2 Goldfields Headlines

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