Gold and GemStone Mining (Gold and GemStone Mining) Total Inventories : $0.00 Mil (As of Oct. 2014)

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What is Gold and GemStone Mining Total Inventories?

Gold and GemStone Mining's total inventories for the quarter that ended in Oct. 2014 was $0.00 Mil. Gold and GemStone Mining's average total inventories from the quarter that ended in Jul. 2014 to the quarter that ended in Oct. 2014 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Gold and GemStone Mining's Net-Net Working Capital per share for the quarter that ended in Oct. 2014 was $-0.00.

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.

Gold and GemStone Mining Total Inventories Historical Data

The historical data trend for Gold and GemStone Mining'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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Gold and GemStone Mining Total Inventories Chart

Gold and GemStone Mining Annual Data

Trend

Jan10

Jan11

Jan12

Total Inventories

Gold and GemStone Mining Quarterly Data
	Jan10	Apr10	Jul10	Oct10	Jan11	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Apr14	Jul14	Oct14
Total Inventories	Get a 7-Day Free Trial														-	-	-	-	-

Gold and GemStone Mining 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.

Gold and GemStone Mining (OTCPK:GGSM) 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.

Gold and GemStone Mining's Net-Net Working Capital Per Share for the quarter that ended in Oct. 2014 is

	Net-Net Working Capital Per Share (Q: Oct. 2014 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0	+	0.75 * 0	+	0.5 * 0	-	0.356
-	0	-	0)	/	489.75
=	-0.00

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

Gold and GemStone Mining's Days Inventory for the three months ended in Oct. 2014 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Oct. 2014 )	/	Cost of Goods Sold (Q: Oct. 2014 )	*	Days in Period
	=	0	/	0	*	365 / 4
	=

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

Gold and GemStone Mining's Inventory Turnover for the quarter that ended in Oct. 2014 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Oct. 2014 )	/	Average Total Inventories (Q: Oct. 2014 )
	=	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.

Gold and GemStone Mining's Inventory to Revenue for the quarter that ended in Oct. 2014 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Oct. 2014 )	/	Revenue (Q: Oct. 2014 )
	=	0	/	0
	=

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.

Gold and GemStone Mining Total Inventories Related Terms

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Gold and GemStone Mining (Gold and GemStone Mining) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Gold and GemStone Mining Inc (OTCPK:GGSM) » Definitions » Total Inventories

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Address

Jln. Jend. S. Parman Kav. 22-24, Grand Slipi Tower, Jakarta, IDN, 11480

Website

https://www.ggsmglobal.com

Gold and GemStone Mining Inc is an exploration stage company. It is engaged in the acquisition, exploration, and development of gold and other silver properties. The company's mining claims include British Columbia Canada, Sinaloa, Mexico for gold and rare earth elements. Its project includes Chihuahua and Gringo Viejo project in Mexico. The company is also engaged in the charter boat business in the Mentawai Islands and Beyond.