MetalsGrove Mining (ASX:MGA) Total Inventories : A$0.00 Mil (As of Dec. 2024)

View and export this data going back to 2022. Start your Free Trial

What is MetalsGrove Mining Total Inventories?

MetalsGrove Mining's total inventories for the quarter that ended in Dec. 2024 was A$0.00 Mil. MetalsGrove Mining's average total inventories from the quarter that ended in Jun. 2024 to the quarter that ended in Dec. 2024 was A$0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. MetalsGrove Mining's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was A$0.02.

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.

MetalsGrove Mining Total Inventories Historical Data

The historical data trend for MetalsGrove 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.

MetalsGrove Mining Total Inventories Chart

MetalsGrove Mining Annual Data

Trend

Jun23

Jun24

Total Inventories

MetalsGrove Mining Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24	Dec24
Total Inventories	-	-	-	-	-

MetalsGrove 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.

MetalsGrove Mining (ASX:MGA) 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.

MetalsGrove Mining's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is

	Net-Net Working Capital Per Share (Q: Dec. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(1.888	+	0.75 * 0	+	0.5 * 0	-	0.147
-	0	-	0)	/	105.420
=	0.02

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

MetalsGrove Mining's Days Inventory for the six months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	0	/	0	*	365 / 2
	=

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

MetalsGrove Mining's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2024 )	/	Average Total Inventories (Q: Dec. 2024 )
	=	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.

MetalsGrove Mining's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	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.

MetalsGrove Mining Total Inventories Related Terms

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

MetalsGrove Mining Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » MetalsGrove Mining Ltd (ASX:MGA) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

123A Colin Street, Suite 6, West Perth, Perth, WA, AUS, 6005

Website

https://www.metalsgrove.com.au

MetalsGrove Mining Ltd is an Australian-based exploration and development company, focused on the exploration and development of its portfolio of high-quality lithium, rare earth, copper-gold, manganese, and base metal projects in Western Australia and the Northern Territory. Its projects include Upper Coondina Project; Bruce Project; Box Hole project; Edwards Creek project; Dundas-Lithium and REE-WA and Woodie Woodie North Manganese Project.