ECPN (El Capitan Precious Metals) Total Inventories: $0.17 Mil (As of Sep. 2017)


What is El Capitan Precious Metals Total Inventories?

El Capitan Precious Metals ECPN Total Inventories is $0.17 Mil as of Sep. 2017.

El Capitan Precious Metals's total inventories for the quarter that ended in Sep. 2017 was $0.17 Mil. El Capitan Precious Metals's average total inventories from the quarter that ended in Jun. 2017 to the quarter that ended in Sep. 2017 was $0.21 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. El Capitan Precious Metals's Net-Net Working Capital per share for the quarter that ended in Sep. 2017 was $-0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. El Capitan Precious Metals's Days Inventory for the three months ended in Sep. 2017 was 10.68.

Inventory Turnover measures how fast the company turns over its inventory within a year. El Capitan Precious Metals's Inventory Turnover for the quarter that ended in Sep. 2017 was 8.54.

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.

El Capitan Precious Metals  (OTCPK:ECPN) 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.

El Capitan Precious Metals's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2017 is

Net-Net Working Capital Per Share (Q: Sep. 2017 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.08+0.75 * 0+0.5 * 0.165-1.566
-0-0)/430.434
=-0.00

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

El Capitan Precious Metals's Days Inventory for the three months ended in Sep. 2017 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2017 )/Cost of Goods Sold (Q: Sep. 2017 )*Days in Period
=0.21/1.794*365 / 4
=10.68

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

El Capitan Precious Metals's Inventory Turnover for the quarter that ended in Sep. 2017 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2017 ) / Average Total Inventories (Q: Sep. 2017 )
=1.794 / 0.21
=8.54

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.

El Capitan Precious Metals's Inventory to Revenue for the quarter that ended in Sep. 2017 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2017 ) / Revenue (Q: Sep. 2017 )
=0.21 / -0.004
=

* 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.

El Capitan Precious Metals Total Inventories Related Terms

El Capitan Precious Metals Total Inventories Historical Data

* Premium members only.

The historical data trend for El Capitan Precious Metals'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.

El Capitan Precious Metals Total Inventories Chart

El Capitan Precious Metals Annual Data
Trend Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.05 0.25 0.17

El Capitan Precious Metals Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 0.25 0.26 0.26 0.26 0.17

El Capitan Precious Metals 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.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of $0.17 Mil mean?
El Capitan Precious Metals (ECPN) has a Total Inventories of $0.17 Mil as of Sep. 2017. The total amount of inventory as recorded on a company's balance sheet. View historical data for El Capitan Precious Metals and its competitors.
Is El Capitan Precious Metals' Total Inventories too high?
El Capitan Precious Metals' current Total Inventories is $0.17 Mil.
How does El Capitan Precious Metals' Total Inventories compare to MAGE?
El Capitan Precious Metals' Total Inventories of $0.17 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 El Capitan Precious Metals and its competitors. El Capitan Precious Metals's current Total Inventories is $0.17 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is El Capitan Precious Metals stock overvalued right now?
El Capitan Precious Metals (ECPN) has a current Total Inventories of $0.17 Mil. The current Total Inventories is $0.17 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 El Capitan Precious Metals (ECPN), the current Total Inventories is $0.17 Mil as of Sep. 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.

El Capitan Precious Metals Business Description

Address 5871 Honeysuckle Road, Prescott, AZ, USA, 86305
El Capitan Precious Metals Inc is an exploration stage mining company. It explores for precious metals and other minerals. The company owns an interest in El Capitan Ltd which holds an interest in the El Capitan property located in New Mexico. Its objective is to market and sell the El Capitan Property to a mining company or enter a joint venture arrangement with a mining company to conduct mining operations. The El Capitan property consists of more than 350 Bureau of Land Management lode claims and four patented claims.