NoFire Technologies (NoFire Technologies) Total Inventories : $0.11 Mil (As of May. 2010)

NoFire Technologies Total Inventories Chart

NoFire Technologies Annual Data
	Trend	Aug00	Aug01	Aug02	Aug03	Aug04	Aug05	Aug06	Aug07	Aug08	Aug09
Total Inventories		Get a 7-Day Free Trial					0.08	0.07	0.10	0.20	0.20

NoFire Technologies Quarterly Data
	Aug05	Nov05	Feb06	May06	Aug06	Nov06	Feb07	May07	Aug07	Nov07	Feb08	May08	Aug08	Nov08	Feb09	May09	Aug09	Nov09	Feb10	May10
Total Inventories	Get a 7-Day Free Trial															0.20	0.20	0.07	0.09	0.11

NoFire Technologies 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.

NoFire Technologies  (OTCPK:NFTI) 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.

NoFire Technologies's Net-Net Working Capital Per Share for the quarter that ended in May. 2010 is

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

NoFire Technologies's Days Inventory for the three months ended in May. 2010 is calculated as:

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

NoFire Technologies's Inventory Turnover for the quarter that ended in May. 2010 is calculated as

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.

NoFire Technologies's Inventory to Revenue for the quarter that ended in May. 2010 is calculated as

* 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.

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NoFire Technologies (NoFire Technologies) Business Description