VTXB (Vortex Brands Co) Total Inventories : $0.00 Mil (As of Jun. 2007)

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What is Vortex Brands Co Total Inventories?

Vortex Brands Co's total inventories for the quarter that ended in Jun. 2007 was $0.00 Mil. Vortex Brands Co's average total inventories from the quarter that ended in Jun. 2006 to the quarter that ended in Jun. 2007 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Vortex Brands Co's Net-Net Working Capital per share for the quarter that ended in Jun. 2007 was $-0.00.

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.

Vortex Brands Co Total Inventories Historical Data

The historical data trend for Vortex Brands Co'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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Vortex Brands Co Total Inventories Chart

Vortex Brands Co Annual Data

Trend

Jun05

Jun06

Jun07

Total Inventories

Vortex Brands Co Semi-Annual Data
	Jun05	Jun06	Jun07
Total Inventories	-	-	-

Vortex Brands Co 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.

Vortex Brands Co (OTCPK:VTXB) 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.

Vortex Brands Co's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2007 is

	Net-Net Working Capital Per Share (Q: Jun. 2007 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0	+	0.75 * 0	+	0.5 * 0	-	0.017
-	0	-	0)	/	8.150
=	-0.00

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

Vortex Brands Co's Days Inventory for the six months ended in Jun. 2007 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2007 )	/	Cost of Goods Sold (Q: Jun. 2007 )	*	Days in Period
	=	0	/	0	*	365 / 2
	=

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

Vortex Brands Co's Inventory Turnover for the quarter that ended in Jun. 2007 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2007 )	/	Average Total Inventories (Q: Jun. 2007 )
	=	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.

Vortex Brands Co's Inventory to Revenue for the quarter that ended in Jun. 2007 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2007 )	/	Revenue (Q: Jun. 2007 )
	=	0	/	0
	=

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.

Vortex Brands Co Total Inventories Related Terms

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Vortex Brands Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Vortex Brands Co (OTCPK:VTXB) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

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Address

3511 Del Paso Road, Suite 160 PMB 432, Sacramento, CA, USA, 95835

Website

https://www.vortexbrands.us

Vortex Brands Co is involved in Bitcoin mining. The company is actively mining Bitcoin by purchasing and maintaining ASIC (application-specific integrated circuit) computers specifically designed for Bitcoin mining and scaling up mining operations.

Executives

Alfred M. Dube	director	950 17TH STREET, SUITE 2300, DENVER CO 80202
David Weisgerber	officer: Executive Officer	950 17TH STREET, SUITE 2300, DENVER CO 80202
James Hostetler	officer: Executive Vice President	950 17TH STREET, SUITE 2300, DENVER CO 80202
Brian D. Hughes	director, 10 percent owner	950 17TH STREET, SUITE 2300, DENVER CO 80202
Keith Reeves	officer: Vice President of Exploration	950 17TH STREET, SUITE 2300, DENVER CO 80202
Hughes Lllp Lma	10 percent owner	8400 EAST PRENTICE AVENUE, PH 1500, GREENWOOD VILLAGE CO 80111
Mohamed H. Gova	director, other: Vice Chairman	122 NORTH MAIN STREET, SHERIDAN WY 82801
Paul Stroud	director, officer: PRESIDENT & CEO	950 SEVENTEENTH STREET, SUITE 2300, DENVER CO 80202
Pierre Besuchet	director	29 QUAI DES BERGUES, GENEVA V8 1201
Al Fahim Abdul Majeed Ismail	director	950 17TH STREET, SUITE 2300, DENVER CO 80202