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Allegiant Gold (TSXV:AUAU) Total Inventories : C$0.00 Mil (As of Mar. 2024)


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What is Allegiant Gold Total Inventories?

Allegiant Gold's total inventories for the quarter that ended in Mar. 2024 was C$0.00 Mil. Allegiant Gold's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Mar. 2024 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. Allegiant Gold's Net-Net Working Capital per share for the quarter that ended in Mar. 2024 was C$0.04.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Allegiant Gold's Days Inventory for the three months ended in Mar. 2024 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.


Allegiant Gold Total Inventories Historical Data

The historical data trend for Allegiant Gold'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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Allegiant Gold Total Inventories Chart

Allegiant Gold Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Total Inventories
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Allegiant Gold Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Allegiant Gold 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.


Allegiant Gold  (TSXV:AUAU) 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.

Allegiant Gold'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)
=(5.166+0.75 * 0.009+0.5 * 0-1.248
-0-0)/103.896
=0.04

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

Allegiant Gold'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
=0/0.008*365 / 4
=0.00

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

Allegiant Gold'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 )
=0.008 / 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.

Allegiant Gold'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 )
=0 / 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.


Allegiant Gold Total Inventories Related Terms

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Allegiant Gold (TSXV:AUAU) Business Description

Traded in Other Exchanges
Address
1090 Hamilton Street, Vancouver, BC, CAN, V6B 2R9
Allegiant Gold Ltd is a gold exploration company. Its project profile consists of Bolo and Eastside in Nevada; Browns Canyon, West Goldfield, Overland Pass, White Horse Flats, and White Horse North. The business has one segment, being mineral exploration and evaluation. All assets of the firm are located in the USA.
Executives
Shawn Nichols Director

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