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Minera Alamos (TSXV:MAI) Total Inventories : C$8.92 Mil (As of Sep. 2024)


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What is Minera Alamos Total Inventories?

Minera Alamos's total inventories for the quarter that ended in Sep. 2024 was C$8.92 Mil. Minera Alamos's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Sep. 2024 was C$7.70 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Minera Alamos's Net-Net Working Capital per share for the quarter that ended in Sep. 2024 was C$-0.01.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Minera Alamos's Days Inventory for the three months ended in Sep. 2024 was 1,494.36.

Inventory Turnover measures how fast the company turns over its inventory within a year. Minera Alamos's Inventory Turnover for the quarter that ended in Sep. 2024 was 0.06.

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.


Minera Alamos Total Inventories Historical Data

The historical data trend for Minera Alamos'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.

Minera Alamos Total Inventories Chart

Minera Alamos Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 6.64 9.15 7.52

Minera Alamos Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 7.69 7.52 6.73 6.47 8.92

Minera Alamos 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.


Minera Alamos  (TSXV:MAI) 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.

Minera Alamos's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2024 is

Net-Net Working Capital Per Share (Q: Sep. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(5.967+0.75 * 0.267+0.5 * 8.921-14.262
-0-0)/470.684
=-0.01

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

Minera Alamos's Days Inventory for the three months ended in Sep. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2024 )/Cost of Goods Sold (Q: Sep. 2024 )*Days in Period
=7.697/0.47*365 / 4
=1,494.36

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

Minera Alamos's Inventory Turnover for the quarter that ended in Sep. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2024 ) / Average Total Inventories (Q: Sep. 2024 )
=0.47 / 7.697
=0.06

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.

Minera Alamos's Inventory to Revenue for the quarter that ended in Sep. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=7.697 / 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.


Minera Alamos Total Inventories Related Terms

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Minera Alamos Business Description

Traded in Other Exchanges
Address
55 York Street, Suite 402, Toronto, ON, CAN, M5J 1R7
Minera Alamos Inc is a junior mining and exploration company engaged directly and indirectly through its subsidiaries in the acquisition, exploration, and development of mineral properties located in Mexico. The Company operates in one business segment, mineral exploration, and two geographical segments, Canada and Mexico.
Executives
Doug Ramshaw Director, Senior Officer
Robert Bruce Durham Director
Osisko Gold Royalties Ltd 10% Security Holder
Darren Koningen Director
Chester F. Millar Director

Minera Alamos Headlines

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