VULNF (Vulcan Energy Resources) Total Inventories : $0.17 Mil (As of Jun. 2024)

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What is Vulcan Energy Resources Total Inventories?

Vulcan Energy Resources's total inventories for the quarter that ended in Jun. 2024 was $0.17 Mil. Vulcan Energy Resources's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 2024 was $0.26 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Vulcan Energy Resources's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was $0.25.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Vulcan Energy Resources's Days Inventory for the six months ended in Jun. 2024 was 80.42.

Inventory Turnover measures how fast the company turns over its inventory within a year. Vulcan Energy Resources's Inventory Turnover for the quarter that ended in Jun. 2024 was 2.27.

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. Vulcan Energy Resources's Inventory-to-Revenue for the quarter that ended in Jun. 2024 was 0.07.

Vulcan Energy Resources Total Inventories Historical Data

The historical data trend for Vulcan Energy Resources'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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Vulcan Energy Resources Total Inventories Chart

Vulcan Energy Resources Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Dec23

Total Inventories

0.15

0.36

Vulcan Energy Resources Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Total Inventories	Get a 7-Day Free Trial							0.15	0.16	0.22	0.36	0.17

Vulcan Energy Resources 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.

Vulcan Energy Resources (OTCPK:VULNF) 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.

Vulcan Energy Resources's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 is

	Net-Net Working Capital Per Share (Q: Jun. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(65.207	+	0.75 * 7.562	+	0.5 * 0.17	-	23.933
-	0	-	0)	/	188.189
=	0.25

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

Vulcan Energy Resources's Days Inventory for the six months ended in Jun. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2024 )	/	Cost of Goods Sold (Q: Jun. 2024 )	*	Days in Period
	=	0.2635	/	0.598	*	365 / 2
	=	80.42

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

Vulcan Energy Resources's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2024 )	/	Average Total Inventories (Q: Jun. 2024 )
	=	0.598	/	0.2635
	=	2.27

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.

Vulcan Energy Resources's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2024 )	/	Revenue (Q: Jun. 2024 )
	=	0.2635	/	4.04
	=	0.07

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.

Vulcan Energy Resources Total Inventories Related Terms

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Vulcan Energy Resources Business Description

Industry

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Traded in Other Exchanges

VUL:Germany VUL:Australia

Address

267 St Georges Terrace, Level 2, Perth, WA, AUS, 6000

Website

https://v-er.eu

Vulcan Energy Resources Ltd is engaged in decarbonizing the carbon production footprint of lithium-ion batteries used in electric vehicles by producing a lithium hydroxide monohydrate chemical product with zero carbon footprint. The group's combined geothermal energy and lithium resource has license areas focused on the Upper Rhine Valley in Germany. Vulcan's Zero Carbon Lithium Project uses renewable geothermal energy to power its lithium extraction process and create a renewable energy by-product that helps in decarbonizing the supply chain.