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Revett Mining Co (FRA:RV2) Total Inventories : €2.91 Mil (As of Mar. 2015)


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What is Revett Mining Co Total Inventories?

Revett Mining Co's total inventories for the quarter that ended in Mar. 2015 was €2.91 Mil. Revett Mining Co's average total inventories from the quarter that ended in Dec. 2014 to the quarter that ended in Mar. 2015 was €3.31 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Revett Mining Co's Net-Net Working Capital per share for the quarter that ended in Mar. 2015 was €-0.18.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Revett Mining Co's Days Inventory for the three months ended in Mar. 2015 was 122.71.

Inventory Turnover measures how fast the company turns over its inventory within a year. Revett Mining Co's Inventory Turnover for the quarter that ended in Mar. 2015 was 0.74.

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. Revett Mining Co's Inventory-to-Revenue for the quarter that ended in Mar. 2015 was 1.58.


Revett Mining Co Total Inventories Historical Data

The historical data trend for Revett Mining Co'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.

Revett Mining Co Total Inventories Chart

Revett Mining Co Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.78 3.58 3.44 3.02 3.71

Revett Mining Co Quarterly Data
Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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 2.96 3.10 3.16 3.71 2.91

Revett Mining Co 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.


Revett Mining Co  (FRA:RV2) 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.

Revett Mining Co's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2015 is

Net-Net Working Capital Per Share (Q: Mar. 2015 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.667+0.75 * 0.248+0.5 * 2.907-9.327
-0-0)/39.274
=-0.18

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

Revett Mining Co's Days Inventory for the three months ended in Mar. 2015 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2015 )/Cost of Goods Sold (Q: Mar. 2015 )*Days in Period
=3.308/2.46*365 / 4
=122.71

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

Revett Mining Co's Inventory Turnover for the quarter that ended in Mar. 2015 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2015 ) / Average Total Inventories (Q: Mar. 2015 )
=2.46 / 3.308
=0.74

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.

Revett Mining Co's Inventory to Revenue for the quarter that ended in Mar. 2015 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2015 ) / Revenue (Q: Mar. 2015 )
=3.308 / 2.096
=1.58

* 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.


Revett Mining Co Total Inventories Related Terms

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Revett Mining Co (FRA:RV2) Business Description

Traded in Other Exchanges
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Address
Revett Mining Co Inc formerly Revett Minerals Inc., was incorporated in August 2004. The Company is a silver-copper producer. It owns and operates the producing Troy Mine and the development-stage Rock Creek project; both properties are located in northwestern Montana. Its mining properties are Troy and Rock Creek. Troy an is underground silver and copper mine located in Lincoln County, Montana, approximately fifteen miles south of the town of Troy. Rock Creek is a large exploration-stage silver and copper property located in Sanders County, Montana, approximately five miles northeast of Noxon, Montana. The mine operation comprises 24 patented lode-mining claims, 510 unpatented lode-mining claims, approximately 850 acres of fee land and approximately 394 acres of patented claim land. The Company also owns two unpatented claim groups in nearby areas of Sanders County, the Vermillion River and the Sims Creek properties, which comprise approximately 1,660 acres and are located approximately 25 miles southeast of Rock Creek. Limited drilling was conducted by the previous owner of the Vermillion River claim group. Additionally, it also owns approximately 673 acres of fee land that will be used for mitigation as the Rock Creek project is developed. The Company is subject to a variety of federal, state and local statutes, rules and regulations designed to protect the quality of the air and water, and threatened or endangered species in the vicinity of its mining operations.

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