GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Spark Energy Minerals Inc (XCNQ:SPRK) » Definitions » Total Inventories

Spark Energy Minerals (XCNQ:SPRK) Total Inventories : C$0.00 Mil (As of Jan. 2024)


View and export this data going back to 2013. Start your Free Trial

What is Spark Energy Minerals Total Inventories?

Spark Energy Minerals's total inventories for the quarter that ended in Jan. 2024 was C$0.00 Mil. Spark Energy Minerals's average total inventories from the quarter that ended in Oct. 2023 to the quarter that ended in Jan. 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. Spark Energy Minerals's Net-Net Working Capital per share for the quarter that ended in Jan. 2024 was C$-0.02.

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.


Spark Energy Minerals Total Inventories Historical Data

The historical data trend for Spark Energy Minerals'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.

Spark Energy Minerals Total Inventories Chart

Spark Energy Minerals Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Spark Energy Minerals Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 - - - - -

Spark Energy Minerals 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.


Spark Energy Minerals  (XCNQ:SPRK) 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.

Spark Energy Minerals's Net-Net Working Capital Per Share for the quarter that ended in Jan. 2024 is

Net-Net Working Capital Per Share (Q: Jan. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.086+0.75 * 0+0.5 * 0-1.031
-0-0)/53.0977
=-0.02

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

Spark Energy Minerals's Days Inventory for the three months ended in Jan. 2024 is calculated as:

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

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

Spark Energy Minerals's Inventory Turnover for the quarter that ended in Jan. 2024 is calculated as

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

Spark Energy Minerals's Inventory to Revenue for the quarter that ended in Jan. 2024 is calculated as

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


Spark Energy Minerals Total Inventories Related Terms

Thank you for viewing the detailed overview of Spark Energy Minerals's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.


Spark Energy Minerals (XCNQ:SPRK) Business Description

Traded in Other Exchanges
Address
595 Howe Street, Suite 702, Vancouver, BC, CAN, V6C 2T5
Spark Energy Minerals Inc is in the business of acquisition, exploration and evaluation of a mineral property. It is a Canadian company pursuing battery metals and mineral assets with newly acquired interests in Brazil and Canada. It also holds interests in prospective gold assets in Canada as a result of previous acquisitions in the precious metals space.
Executives
Nicholas Watters 10% Security Holder

Spark Energy Minerals (XCNQ:SPRK) Headlines

No Headlines