Muzhu Mining (XCNQ:MUZU) Total Inventories : C$0.00 Mil (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Muzhu Mining Total Inventories?

Muzhu Mining's total inventories for the quarter that ended in Dec. 2023 was C$0.00 Mil. Muzhu Mining's average total inventories from the quarter that ended in Sep. 2023 to the quarter that ended in Dec. 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. Muzhu Mining's Net-Net Working Capital per share for the quarter that ended in Dec. 2023 was C$0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Muzhu Mining's Days Inventory for the three months ended in Dec. 2023 was 0.00.

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.

Muzhu Mining Total Inventories Historical Data

The historical data trend for Muzhu Mining'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.

Muzhu Mining Total Inventories Chart

Muzhu Mining Annual Data

Trend

Dec20

Total Inventories

Muzhu Mining Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Jun23	Sep23	Dec23
Total Inventories	Get a 7-Day Free Trial							-	-	-	-	-

Muzhu Mining 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.

Muzhu Mining (XCNQ:MUZU) 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.

Muzhu Mining's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2023 is

	Net-Net Working Capital Per Share (Q: Dec. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.278	+	0.75 * 0	+	0.5 * 0	-	0.277
-	0	-	0)	/	35.8256
=	0.00

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

Muzhu Mining's Days Inventory for the three months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	0	/	0.002	*	365 / 4
	=	0.00

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

Muzhu Mining's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2023 )	/	Average Total Inventories (Q: Dec. 2023 )
	=	0.002	/	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.

Muzhu Mining's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

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

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.

Muzhu Mining Total Inventories Related Terms

Thank you for viewing the detailed overview of Muzhu Mining's Total Inventories provided by GuruFocus.com. Please click on the following links to see related term pages.

Muzhu Mining (XCNQ:MUZU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Muzhu Mining Ltd (XCNQ:MUZU) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

Y33:Germany

Address

777 Hornby Street, Suite 600, Vancouver, BC, CAN, V6Z 1S4

Website

https://www.muzhumining.com

Muzhu Mining Ltd is a junior exploration company operating in Quebec, and is engaged in exploration, development and mining of precious metals properties domestically and/or internationally and currently has exploration property agreements in Canada and China. The company holds 100% interest in the Sleeping Giant South Project, located in the Abitibi Greenstone Belt.

Executives

James Christopher Tworek

Deemed Insider - 6 Months before becoming Insider

Muzhu Mining (XCNQ:MUZU) Headlines

No Headlines