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ACE Aviation Holdings (TSXV:ACE.H) Total Inventories : C$0.00 Mil (As of Sep. 2023)


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What is ACE Aviation Holdings Total Inventories?

ACE Aviation Holdings's total inventories for the quarter that ended in Sep. 2023 was C$0.00 Mil. ACE Aviation Holdings's average total inventories from the quarter that ended in Jun. 2023 to the quarter that ended in Sep. 2023 was C$0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. ACE Aviation Holdings's Net-Net Working Capital per share for the quarter that ended in Sep. 2023 was C$0.19.

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.


ACE Aviation Holdings Total Inventories Historical Data

The historical data trend for ACE Aviation Holdings'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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ACE Aviation Holdings Total Inventories Chart

ACE Aviation Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec18 Dec19 Dec20 Dec21
Total Inventories
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ACE Aviation Holdings Quarterly Data
Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Dec14 Dec18 Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23
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ACE Aviation Holdings 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.


ACE Aviation Holdings  (TSXV:ACE.H) 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.

ACE Aviation Holdings's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2023 is

Net-Net Working Capital Per Share (Q: Sep. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(6.045+0.75 * 0+0.5 * 0-0.019
-0-0)/32.475
=0.19

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

ACE Aviation Holdings's Days Inventory for the three months ended in Sep. 2023 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2023 )/Cost of Goods Sold (Q: Sep. 2023 )*Days in Period
=0/0*365 / 4
=

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

ACE Aviation Holdings's Inventory Turnover for the quarter that ended in Sep. 2023 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2023 ) / Average Total Inventories (Q: Sep. 2023 )
=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.

ACE Aviation Holdings's Inventory to Revenue for the quarter that ended in Sep. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=0 / 0
=

* 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.


ACE Aviation Holdings Total Inventories Related Terms

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ACE Aviation Holdings (TSXV:ACE.H) Business Description

Traded in Other Exchanges
N/A
Address
1155 Rene-Levesque Boulevard West, 40th Floor, Montreal, QC, CAN, H3B 3V2
ACE Aviation Holdings Inc is an investment holding company that currently holds shares and warrants of Air Canada. It has shed its other businesses and is actively considering new investments or returning cash to shareholders.

ACE Aviation Holdings (TSXV:ACE.H) Headlines

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