Arian Resources (Arian Resources) Total Inventories : $0.00 Mil (As of Nov. 2016)

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

What is Arian Resources Total Inventories?

Arian Resources's total inventories for the quarter that ended in Nov. 2016 was $0.00 Mil. Arian Resources's average total inventories from the quarter that ended in Aug. 2016 to the quarter that ended in Nov. 2016 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Arian Resources's Net-Net Working Capital per share for the quarter that ended in Nov. 2016 was $-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.

Arian Resources Total Inventories Historical Data

The historical data trend for Arian Resources'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.

Arian Resources Total Inventories Chart

Arian Resources Annual Data

Trend

May07

May08

May09

May10

May11

May12

May13

May14

May15

May16

Total Inventories

Get a 7-Day Free Trial

Arian Resources Quarterly Data
	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15	Feb16	May16	Aug16	Nov16
Total Inventories	Get a 7-Day Free Trial															-	-	-	-	-

Arian Resources 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.

Arian Resources (OTCPK:GNHRF) 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.

Arian Resources's Net-Net Working Capital Per Share for the quarter that ended in Nov. 2016 is

	Net-Net Working Capital Per Share (Q: Nov. 2016 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.004	+	0.75 * 0	+	0.5 * 0	-	3.222
-	0	-	0)	/	139.553
=	-0.02

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

Arian Resources's Days Inventory for the three months ended in Nov. 2016 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Nov. 2016 )	/	Cost of Goods Sold (Q: Nov. 2016 )	*	Days in Period
	=	0	/	0	*	365 / 4
	=

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

Arian Resources's Inventory Turnover for the quarter that ended in Nov. 2016 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Nov. 2016 )	/	Average Total Inventories (Q: Nov. 2016 )
	=	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.

Arian Resources's Inventory to Revenue for the quarter that ended in Nov. 2016 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Nov. 2016 )	/	Revenue (Q: Nov. 2016 )
	=	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.

Arian Resources Total Inventories Related Terms

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

Arian Resources (Arian Resources) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Arian Resources Corp (OTCPK:GNHRF) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

1199 West Hastings Street, Suite 800, Vancouver, BC, CAN, V6E 3T5

Website

http://www.arianresources.com

Arian Resources Corp is a mineral exploration company. It is engaged in the acquisition, exploration, and development of mineral properties in Canada. It primarily explores for gold, platinum group elements, chromite, and copper ores. It holds interests in Albanian exploration projects located in Northern Albania and also owns interest in a copper mining exploitation permit located in Albania. It operates through Mineral exploration segment and generates revenue from the same.

Arian Resources (Arian Resources) Headlines

No Headlines