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ATCV (ATC Venture Group) Total Inventories : $0.56 Mil (As of Mar. 2012)


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What is ATC Venture Group Total Inventories?

ATC Venture Group's total inventories for the quarter that ended in Mar. 2012 was $0.56 Mil. ATC Venture Group's average total inventories from the quarter that ended in Dec. 2011 to the quarter that ended in Mar. 2012 was $0.54 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. ATC Venture Group's Net-Net Working Capital per share for the quarter that ended in Mar. 2012 was $-0.74.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. ATC Venture Group's Days Inventory for the three months ended in Mar. 2012 was 27.30.

Inventory Turnover measures how fast the company turns over its inventory within a year. ATC Venture Group's Inventory Turnover for the quarter that ended in Mar. 2012 was 3.34.

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. ATC Venture Group's Inventory-to-Revenue for the quarter that ended in Mar. 2012 was 0.28.


ATC Venture Group Total Inventories Historical Data

The historical data trend for ATC Venture 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.

* Premium members only.

ATC Venture Group Total Inventories Chart

ATC Venture Group Annual Data
Trend Sep02 Sep03 Sep04 Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.27 5.11 3.59 2.21 0.80

ATC Venture Group Quarterly Data
Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.24 3.13 0.80 0.52 0.56

ATC Venture 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.


ATC Venture Group  (OTCPK:ATCV) 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.

ATC Venture Group's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2012 is

Net-Net Working Capital Per Share (Q: Mar. 2012 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.016+0.75 * 0.774+0.5 * 0.564-6.092
-0-0)/7.091
=-0.74

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

ATC Venture Group's Days Inventory for the three months ended in Mar. 2012 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2012 )/Cost of Goods Sold (Q: Mar. 2012 )*Days in Period
=0.541/1.808*365 / 4
=27.30

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

ATC Venture Group's Inventory Turnover for the quarter that ended in Mar. 2012 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2012 ) / Average Total Inventories (Q: Mar. 2012 )
=1.808 / 0.541
=3.34

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.

ATC Venture Group's Inventory to Revenue for the quarter that ended in Mar. 2012 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2012 ) / Revenue (Q: Mar. 2012 )
=0.541 / 1.956
=0.28

* 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.


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.


ATC Venture Group Total Inventories Related Terms

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ATC Venture Group Business Description

Traded in Other Exchanges
N/A
Address
5929 Baker Road, Siute 400, Minne, MN, USA, 55345
ATC Venture Group Inc has one distinct operating segment, Simonsen Iron Works Inc., which is engaged in the design, manufacture and assembly of an array of parts for original equipment manufacturers (OEMs) and other customers.
Executives
Laurus Master Fund Ltd other: No longer subject to Sec. 16
Eugene Grin other: No longer subject to Sec. 16 825 THIRD AVENUE 14TH FLOOR, NEW YORK NY 10022
David Grin other: No longer subject to Sec. 16 825 THIRD AVENUE 14TH FLOOR, NEW YORK NY 10022
Laurus Capital Management Llc other: No longer subject to Sec. 16 825 THIRD AVENUE 14TH FLOOR, NEW YORK NY 10022

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