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Asia Resource Minerals (LSE:ARMS) Change In Inventory : £8.9 Mil (TTM As of Dec. 2014)


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What is Asia Resource Minerals Change In Inventory?

Asia Resource Minerals's change in inventory for the quarter that ended in Dec. 2014 was £8.3 Mil. It means Asia Resource Minerals's inventory declined by £8.3 Mil from Jun. 2014 to Dec. 2014 .

Asia Resource Minerals's change in inventory for the fiscal year that ended in Dec. 2014 was £8.9 Mil. It means Asia Resource Minerals's inventory declined by £8.9 Mil from Dec. 2013 to Dec. 2014 .

Asia Resource Minerals's Total Inventories for the quarter that ended in Dec. 2014 was £16.0 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Asia Resource Minerals's Days Inventory for the quarter that ended in Dec. 2014 was 9.89.

Inventory Turnover measures how fast the company turns over its inventory within a year. Asia Resource Minerals's Inventory Turnover for the quarter that ended in Dec. 2014 was 18.46.

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. Asia Resource Minerals's Inventory-to-Revenue for the quarter that ended in Dec. 2014 was 0.05.


Asia Resource Minerals Change In Inventory Historical Data

The historical data trend for Asia Resource Minerals's Change In Inventory 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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Asia Resource Minerals Change In Inventory Chart

Asia Resource Minerals Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14
Change In Inventory
- -6.42 -5.57 - 8.95

Asia Resource Minerals Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14
Change In Inventory Get a 7-Day Free Trial -3.71 3.23 -3.05 0.59 8.31

Asia Resource Minerals Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

Change In Inventory for the trailing twelve months (TTM) ended in Dec. 2014 adds up the semi-annually data reported by the company within the most recent 12 months, which was £8.9 Mil.

* 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.


Asia Resource Minerals  (LSE:ARMS) Change In Inventory Explanation

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

Asia Resource Minerals's Days Inventory for the quarter that ended in is calculated as:

Days Inventory=Average Total Inventories/Cost of Goods Sold*Days in Period
=19.2165/354.645*365 / 2
=9.89

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

Asia Resource Minerals's Inventory Turnover for the quarter that ended in Dec. 2014 is calculated as

3. 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.

Asia Resource Minerals's Inventory to Revenue for the quarter that ended in Dec. 2014 is calculated as

* 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.


Asia Resource Minerals Change In Inventory Related Terms

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Asia Resource Minerals (LSE:ARMS) Business Description

Traded in Other Exchanges
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Address
Asia Resource Minerals PLC was incorporated on December 03, 2010. The Company, together with its subsidiaries is engaged in coal mining operations and exploration and development of mineral mining concessions. The Company's coal operations are located near Tanjung Redeb, East Kalimantan, in Indonesia. Its subsidiary, PT Berau, has three open cut mining operations, namely Lati, Binungan and Sambarata, located in an 118,400 hectare concession area in East Kalimantan. Production of thermal coal is blended to adjust the overall quality grade of the product, with current calorific values ranging from 5,000 kcal/kg to 6,100 kcal/kg (on a gross as received' basis) for use in coal fired power plants.

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