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Magor (TSXV:MCC.H) Total Inventories : C$0.12 Mil (As of Jul. 2016)


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What is Magor Total Inventories?

Magor's total inventories for the quarter that ended in Jul. 2016 was C$0.12 Mil. Magor's average total inventories from the quarter that ended in Apr. 2016 to the quarter that ended in Jul. 2016 was C$0.12 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Magor's Net-Net Working Capital per share for the quarter that ended in Jul. 2016 was C$-0.30.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Magor's Days Inventory for the three months ended in Jul. 2016 was 99.78.

Inventory Turnover measures how fast the company turns over its inventory within a year. Magor's Inventory Turnover for the quarter that ended in Jul. 2016 was 0.91.

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. Magor's Inventory-to-Revenue for the quarter that ended in Jul. 2016 was 0.71.


Magor Total Inventories Historical Data

The historical data trend for Magor'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.

Magor Total Inventories Chart

Magor Annual Data
Trend Mar10 Mar11 Mar12 Apr13 Apr14 Apr15 Apr16
Total Inventories
Get a 7-Day Free Trial - 0.16 0.22 0.14 0.12

Magor Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16
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 0.14 0.11 0.23 0.12 0.12

Magor 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.


Magor  (TSXV:MCC.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.

Magor's Net-Net Working Capital Per Share for the quarter that ended in Jul. 2016 is

Net-Net Working Capital Per Share (Q: Jul. 2016 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.047+0.75 * 0.088+0.5 * 0.117-15.721
-0-0)/51.7255
=-0.30

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

Magor's Days Inventory for the three months ended in Jul. 2016 is calculated as:

Days Inventory=Average Total Inventories (Q: Jul. 2016 )/Cost of Goods Sold (Q: Jul. 2016 )*Days in Period
=0.117/0.107*365 / 4
=99.78

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

Magor's Inventory Turnover for the quarter that ended in Jul. 2016 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jul. 2016 ) / Average Total Inventories (Q: Jul. 2016 )
=0.107 / 0.117
=0.91

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.

Magor's Inventory to Revenue for the quarter that ended in Jul. 2016 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jul. 2016 ) / Revenue (Q: Jul. 2016 )
=0.117 / 0.164
=0.71

* 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.


Magor Total Inventories Related Terms

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Magor (TSXV:MCC.H) Business Description

Traded in Other Exchanges
N/A
Address
350 Terry Fox Drive, Suite 100, Ottawa, ON, CAN, K2K 2W5
Magor Corp is engaged in design, development, and marketing of a visual collaboration software platform that integrates personal computer collaboration, high definition video and wideband audio for the enterprise market. The company provide service as Aerus, is an evolution of its platform to the cloud in delivering video interactions to the enterprise as a service with the capabilities needed to fulfill the promise of new modes for productivity. The Aerus service delivery platform and Aerus technology bring together the benefits of distributed networking and cloud computing to deliver services for high-quality video interactions that support any workflow. The company derives most of its revenue from the sale of hardware and equipment.

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