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Optimus Gold (TSXV:OTS.H) Total Inventories : C$0.00 Mil (As of Dec. 2024)


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What is Optimus Gold Total Inventories?

Optimus Gold's total inventories for the quarter that ended in Dec. 2024 was C$0.00 Mil. Optimus Gold's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 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. Optimus Gold's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was C$-0.03.

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

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.


Optimus Gold Total Inventories Historical Data

The historical data trend for Optimus 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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Optimus Gold Total Inventories Chart

Optimus Gold Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Total Inventories
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Optimus Gold Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Optimus 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.


Optimus Gold  (TSXV:OTS.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.

Optimus Gold's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is

Net-Net Working Capital Per Share (Q: Dec. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.052+0.75 * 0.027+0.5 * 0-4.376
-0-0)/135.324
=-0.03

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

Optimus Gold's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2024 )/Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=0/0*365 / 4
=

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

Optimus Gold's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2024 ) / Average Total Inventories (Q: Dec. 2024 )
=0 / 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.

Optimus Gold's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

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


Optimus Gold Total Inventories Related Terms

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Optimus Gold Business Description

Traded in Other Exchanges
N/A
Address
889 West Pender Street, Suite 702, Vancouver, BC, CAN, V6C 3B2
Website
Optimus Gold Corp. is a Canada-based mineral exploration company. The Company's principal business is the acquisition, exploration and development of mineral properties with a primary focus on exploration properties demonstrating key potential for hosting large scale ore bodies. The Company has an interest in a gold/silver natural resource exploration property in British Columbia, and the Company can earn an interest in mineral properties in the Yukon Territory and Costa Rica. The Company's projects include Stump Lake Property, Halo Gold Project and Crucitas Gold Project.

Optimus Gold Headlines

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