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Intercontinental Gold And Metals (TSXV:ICAU.H) Total Inventories : C$0.61 Mil (As of Sep. 2021)


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What is Intercontinental Gold And Metals Total Inventories?

Intercontinental Gold And Metals's total inventories for the quarter that ended in Sep. 2021 was C$0.61 Mil. Intercontinental Gold And Metals's average total inventories from the quarter that ended in Jun. 2021 to the quarter that ended in Sep. 2021 was C$0.47 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Intercontinental Gold And Metals's Net-Net Working Capital per share for the quarter that ended in Sep. 2021 was C$-0.36.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Intercontinental Gold And Metals's Days Inventory for the three months ended in Sep. 2021 was 24.16.

Inventory Turnover measures how fast the company turns over its inventory within a year. Intercontinental Gold And Metals's Inventory Turnover for the quarter that ended in Sep. 2021 was 3.78.

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. Intercontinental Gold And Metals's Inventory-to-Revenue for the quarter that ended in Sep. 2021 was 0.24.


Intercontinental Gold And Metals Total Inventories Historical Data

The historical data trend for Intercontinental Gold And Metals'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.

Intercontinental Gold And Metals Total Inventories Chart

Intercontinental Gold And Metals Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Dec19 Dec20
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.43 3.16 0.78

Intercontinental Gold And Metals Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 5.57 0.78 0.82 0.34 0.61

Intercontinental Gold And Metals 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.


Intercontinental Gold And Metals  (TSXV:ICAU.H) 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.

Intercontinental Gold And Metals's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2021 is

Net-Net Working Capital Per Share (Q: Sep. 2021 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.078+0.75 * 0+0.5 * 0.607-7.824
-0-0)/20.7092
=-0.36

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

Intercontinental Gold And Metals's Days Inventory for the three months ended in Sep. 2021 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2021 )/Cost of Goods Sold (Q: Sep. 2021 )*Days in Period
=0.471/1.779*365 / 4
=24.16

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

Intercontinental Gold And Metals's Inventory Turnover for the quarter that ended in Sep. 2021 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2021 ) / Average Total Inventories (Q: Sep. 2021 )
=1.779 / 0.471
=3.78

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.

Intercontinental Gold And Metals's Inventory to Revenue for the quarter that ended in Sep. 2021 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2021 ) / Revenue (Q: Sep. 2021 )
=0.471 / 1.977
=0.24

* 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.


Intercontinental Gold And Metals Total Inventories Related Terms

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Intercontinental Gold And Metals (TSXV:ICAU.H) Business Description

Traded in Other Exchanges
N/A
Address
217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2
Intercontinental Gold And Metals Ltd is a Canada-based company. It is engaged in the business of acquiring, exploring and evaluating assets with a focus on the Gold business. The company geographical segments include Canada and Bolivia.

Intercontinental Gold And Metals (TSXV:ICAU.H) Headlines

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