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HRFEF (Harfang Exploration) Total Inventories : $0.00 Mil (As of Oct. 2024)


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What is Harfang Exploration Total Inventories?

Harfang Exploration's total inventories for the quarter that ended in Oct. 2024 was $0.00 Mil. Harfang Exploration's average total inventories from the quarter that ended in Jul. 2024 to the quarter that ended in Oct. 2024 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Harfang Exploration's Net-Net Working Capital per share for the quarter that ended in Oct. 2024 was $0.04.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Harfang Exploration's Days Inventory for the three months ended in Oct. 2024 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.


Harfang Exploration Total Inventories Historical Data

The historical data trend for Harfang Exploration'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.

Harfang Exploration Total Inventories Chart

Harfang Exploration Annual Data
Trend Oct14 Oct15 Oct16 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Total Inventories
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Harfang Exploration Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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Harfang Exploration 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.


Harfang Exploration  (OTCPK:HRFEF) 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.

Harfang Exploration's Net-Net Working Capital Per Share for the quarter that ended in Oct. 2024 is

Net-Net Working Capital Per Share (Q: Oct. 2024 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.927+0.75 * 0+0.5 * 0-0.287
-0-0)/64.677
=0.04

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

Harfang Exploration's Days Inventory for the three months ended in Oct. 2024 is calculated as:

Days Inventory=Average Total Inventories (Q: Oct. 2024 )/Cost of Goods Sold (Q: Oct. 2024 )*Days in Period
=0/0.007*365 / 4
=0.00

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

Harfang Exploration's Inventory Turnover for the quarter that ended in Oct. 2024 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Oct. 2024 ) / Average Total Inventories (Q: Oct. 2024 )
=0.007 / 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.

Harfang Exploration's Inventory to Revenue for the quarter that ended in Oct. 2024 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Oct. 2024 ) / Revenue (Q: Oct. 2024 )
=0 / 0
=

* 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.


Harfang Exploration Total Inventories Related Terms

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Harfang Exploration Business Description

Traded in Other Exchanges
Address
1100 Avenue des Canadiens-de-Montreal, Suite 300, Montreal, QC, CAN, H3B 2S2
Harfang Exploration Inc is an exploration and evaluation stage company. The company is engaged in the business of acquiring and exploring mineral properties in Canada. The company's focus is currently on the exploration and evaluation of its mineral properties in the James Bay area in the Province of Quebec for gold and lithium and in northeastern Ontario for gold. Its project portfolio includes Lake Menarik, Menarik East, Serpent, Lake Fagnant, and Lake Aulneau properties, Lake Tapiatic Property, and others.

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