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Mineral Commodities's total inventories for the quarter that ended in Dec. 2017 was A$11.72 Mil. Mineral Commodities's average total inventories from the quarter that ended in Jun. 2017 to the quarter that ended in Dec. 2017 was A$12.66 Mil.
In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Mineral Commodities's Net-Net Working Capital per share for the quarter that ended in Dec. 2017 was A$0.01.
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.
Mineral Commodities's Inventory Turnover for the quarter that ended in Dec. 2017 was 0.00.
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.
Mineral Commodities's Inventory-to-Revenue for the quarter that ended in Dec. 2017 was 0.33.
Mineral Commodities (ASX:MRC) 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.
Mineral Commodities's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2017 is
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.
Mineral Commodities's Inventory to Revenue for the quarter that ended in Dec. 2017 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.
Mineral Commodities Total Inventories Related Terms
Mineral Commodities Total Inventories Historical Data
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The historical data trend for Mineral Commodities'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.
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.
What does a Total Inventories of A$11.72 Mil mean?
Mineral Commodities (ASX:MRC) has a Total Inventories of A$11.72 Mil as of Dec. 2017. The total amount of inventory as recorded on a company's balance sheet. View historical data for Mineral Commodities and its competitors.
Is Mineral Commodities' Total Inventories too high?
Mineral Commodities' current Total Inventories is A$11.72 Mil.
How does Mineral Commodities' Total Inventories compare to competitors?
Mineral Commodities' Total Inventories of A$11.72 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Metals & Mining company?
A good Total Inventories depends on the Metals & Mining industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for Mineral Commodities and its competitors. Mineral Commodities's current Total Inventories is A$11.72 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mineral Commodities stock overvalued right now?
Mineral Commodities (ASX:MRC) has a current Total Inventories of A$11.72 Mil. The current Total Inventories is A$11.72 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For Mineral Commodities (ASX:MRC), the current Total Inventories is A$11.72 Mil as of Dec. 2017. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Mineral Commodities Ltd is a mineral exploration and development company. It has Tormin Mineral Sands projects in South Africa. The company is also engaged in graphite mining and processing at the Skaland Graphite Operation in Norway, exploration and evaluation for the future development of the Munglinup Graphite Project in Australia, and evaluation for the future development of an Active Anode Materials Plant to produce graphitic anode materials in Australia and Norway. Its reportable segments are the Tormin Project which generates key revenue, Xolobeni Project, Skaland Project, Australia exploration, and Corporate.
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