Western Sierra Resource (Western Sierra Resource) Total Inventories : $0.00 Mil (As of Sep. 2008)

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What is Western Sierra Resource Total Inventories?

Western Sierra Resource's total inventories for the quarter that ended in Sep. 2008 was $0.00 Mil. Western Sierra Resource's average total inventories from the quarter that ended in Jun. 2008 to the quarter that ended in Sep. 2008 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Western Sierra Resource's Net-Net Working Capital per share for the quarter that ended in Sep. 2008 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. Western Sierra Resource's Inventory-to-Revenue for the quarter that ended in Sep. 2008 was 0.00.

Western Sierra Resource Total Inventories Historical Data

The historical data trend for Western Sierra Resource'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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Western Sierra Resource Total Inventories Chart

Western Sierra Resource Annual Data

Trend

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Total Inventories

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Western Sierra Resource Quarterly Data
	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08
Total Inventories	Get a 7-Day Free Trial															-	-	-	-	-

Western Sierra Resource 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.

Western Sierra Resource (OTCPK:WSRC) 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.

Western Sierra Resource's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2008 is

	Net-Net Working Capital Per Share (Q: Sep. 2008 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.022	+	0.75 * 0	+	0.5 * 0	-	1.133
-	0	-	0)	/	253.593
=	-0.00

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

Western Sierra Resource's Days Inventory for the three months ended in Sep. 2008 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Sep. 2008 )	/	Cost of Goods Sold (Q: Sep. 2008 )	*	Days in Period
	=	0	/	0	*	365 / 4
	=

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

Western Sierra Resource's Inventory Turnover for the quarter that ended in Sep. 2008 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Sep. 2008 )	/	Average Total Inventories (Q: Sep. 2008 )
	=	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.

Western Sierra Resource's Inventory to Revenue for the quarter that ended in Sep. 2008 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Sep. 2008 )	/	Revenue (Q: Sep. 2008 )
	=	0	/	0.008
	=	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.

Western Sierra Resource Total Inventories Related Terms

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Western Sierra Resource (Western Sierra Resource) Business Description

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Address

1001 Grand Avenue, Suite 207, Glenwood Springs, CO, USA, 81602

Website

https://www.westernsierraresource.com

Western Sierra Resource Corp is a multifaceted resource company and revenue producer focused on applying and expanding its $40,500,000 water rights assets. The beneficial uses of its water rights include growing industrial hemp, manufacturing, and undertaking the related eco-friendly, high-yield, project.