Applied Minerals (Applied Minerals) Total Inventories : $0.00 Mil (As of Sep. 2022)

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What is Applied Minerals Total Inventories?

Applied Minerals's total inventories for the quarter that ended in Sep. 2022 was $0.00 Mil. Applied Minerals's average total inventories from the quarter that ended in Jun. 2022 to the quarter that ended in Sep. 2022 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Applied Minerals's Net-Net Working Capital per share for the quarter that ended in Sep. 2022 was $-0.14.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Applied Minerals's Days Inventory for the three months ended in Sep. 2022 was 0.00.

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. Applied Minerals's Inventory-to-Revenue for the quarter that ended in Sep. 2022 was 0.00.

Applied Minerals Total Inventories Historical Data

The historical data trend for Applied 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.

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Applied Minerals Total Inventories Chart

Applied Minerals Annual Data

Trend

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Total Inventories

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Applied Minerals Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Total Inventories	Get a 7-Day Free Trial															-	-	-	-	-

Applied 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.

Applied Minerals (OTCPK:AMNL) 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.

Applied Minerals's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2022 is

	Net-Net Working Capital Per Share (Q: Sep. 2022 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.73	+	0.75 * 0.093	+	0.5 * 0	-	51.373
-	0	-	0)	/	366.975
=	-0.14

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

Applied Minerals's Days Inventory for the three months ended in Sep. 2022 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2022 )	/	Cost of Goods Sold (Q: Sep. 2022 )	*	Days in Period
	=	0	/	0.14	*	365 / 4
	=	0.00

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

Applied Minerals's Inventory Turnover for the quarter that ended in Sep. 2022 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2022 )	/	Average Total Inventories (Q: Sep. 2022 )
	=	0.14	/	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.

Applied Minerals's Inventory to Revenue for the quarter that ended in Sep. 2022 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2022 )	/	Revenue (Q: Sep. 2022 )
	=	0	/	0.112
	=	0.00

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.

Applied Minerals Total Inventories Related Terms

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Applied Minerals (Applied Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Applied Minerals Inc (OTCPK:AMNL) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

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Address

1200 Silver City Road, PO Box 432, Eureka, UT, USA, 84628

Website

http://www.appliedminerals.com

Applied Minerals Inc is an exploration-stage company engaged in the production of halloysite clay and natural iron oxide solutions based in the United States. The company owns and operates the Dragon Mine in Utah, from which it extracts, processes and markets halloysite clay and iron oxide which is sold to various markets. It sells halloysite and Iron Oxide under the DRAGONITE and AMIRON brand respectively.

Executives

Geoffrey Gates Scott	director	C/O AEHR TEST SYSTEMS, 400 KATO TERRACE, FREMONT CA 94539
Ibs Turnaround Fund (qp) (a Ltd Partnership)	10 percent owner	ONE INTERNATIONAL PLACE, SUITE 3120, BOSTON MA 02110
Andre Zeitoun	director, officer: President and CEO	630 EAST MULLAN AVENUE, OSBURN ID 83849
Zamani Ali	director	110 GREENE STREET, NEW YORK NY 10012
John F Levy	director	C/O WASHINGTON PRIME GROUP INC., 180 EAST BROAD STREET, COLUMBUS OH 43215
Mario Concha	director	110 GREENE STREET, SUITE 1101, NEW YORK NY 10012
Michael Barry	director	500 PARK AVENUE, 2ND FLOOR, NEW YORK NY 10004
Kingdon Gp, Llc	10 percent owner	157 WEST 57TH STREET, 50TH FLOOR, NEW YORK NY 10019
M. Kingdon Offshore Master Fund L.p.	10 percent owner	C/O OGIER GLOBAL (CAYMAN) LIMITED, 89 NEXUS WAY, CAMANA BAY, GRAND CAYMAN E9 KY1-9009
Kingdon Capital Management, L.l.c.	10 percent owner	152 WEST 57TH STREET, 50TH FLOOR, NEW YORK NY 10019
James Berylson	10 percent owner	C/O BERYLSON CAPITAL PARTNERS, LLC, 200 CLARENDON STREET, 50TH FLOOR, BOSTON MA 02116
Mark E Kingdon	10 percent owner
Christopher T Carney	officer: Interim CFO	110 GREENE ST. #1101, NEW YORK NY 10012
Ibs Capital Llc	10 percent owner	ONE INTERNATIONAL PLACE, 31ST FLOOR, BOSTON MA 02110
David A Taft	director	ONE INTERNATIONAL PLACE, 31ST FLOOR, BOSTON MA 02110