Aamaxan Transport Group (Aamaxan Transport Group) Total Inventories : $1.83 Mil (As of Jun. 2008)

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What is Aamaxan Transport Group Total Inventories?

Aamaxan Transport Group's total inventories for the quarter that ended in Jun. 2008 was $1.83 Mil. Aamaxan Transport Group's average total inventories from the quarter that ended in Jan. 2008 to the quarter that ended in Jun. 2008 was $1.52 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Aamaxan Transport Group's Net-Net Working Capital per share for the quarter that ended in Jun. 2008 was $-0.21.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Aamaxan Transport Group's Days Inventory for the three months ended in Jun. 2008 was 22.29.

Inventory Turnover measures how fast the company turns over its inventory within a year. Aamaxan Transport Group's Inventory Turnover for the quarter that ended in Jun. 2008 was 4.09.

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. Aamaxan Transport Group's Inventory-to-Revenue for the quarter that ended in Jun. 2008 was 0.16.

Aamaxan Transport Group Total Inventories Historical Data

The historical data trend for Aamaxan Transport Group'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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Aamaxan Transport Group Total Inventories Chart

Aamaxan Transport Group Annual Data

Trend

Jan06

Jan07

Total Inventories

Aamaxan Transport Group Quarterly Data
	Apr06	Jul06	Oct06	Jan07	Apr07	Jul07	Oct07	Jan08	Jun08
Total Inventories	Get a 7-Day Free Trial				-	-	-	1.21	1.83

Aamaxan Transport Group 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.

Aamaxan Transport Group (GREY:AAXT) 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.

Aamaxan Transport Group's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2008 is

	Net-Net Working Capital Per Share (Q: Jun. 2008 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(10.769	+	0.75 * 4.023	+	0.5 * 1.826	-	17.823
-	0	-	0.219)	/	15.9918
=	-0.21

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

Aamaxan Transport Group's Days Inventory for the three months ended in Jun. 2008 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Jun. 2008 )	/	Cost of Goods Sold (Q: Jun. 2008 )	*	Days in Period
	=	1.5165	/	6.207	*	365 / 4
	=	22.29

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

Aamaxan Transport Group's Inventory Turnover for the quarter that ended in Jun. 2008 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Jun. 2008 )	/	Average Total Inventories (Q: Jun. 2008 )
	=	6.207	/	1.5165
	=	4.09

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.

Aamaxan Transport Group's Inventory to Revenue for the quarter that ended in Jun. 2008 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Jun. 2008 )	/	Revenue (Q: Jun. 2008 )
	=	1.5165	/	9.781
	=	0.16

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.

Aamaxan Transport Group Total Inventories Related Terms

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Aamaxan Transport Group (Aamaxan Transport Group) Business Description

Industry

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Traded in Other Exchanges

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Address

31 Walmer Road, Suite 6, Toronto, ON, CAN, M5R 2W7

Website

Aamaxan Transport Group Inc is a development stage company seeking for potential operating businesses and business opportunities with the intent to acquire or merge with such businesses.

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