First Class Metals (LSE:FCM) Total Inventories : £0.00 Mil (As of Jun. 2024)

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

What is First Class Metals Total Inventories?

First Class Metals's total inventories for the quarter that ended in Jun. 2024 was £0.00 Mil. First Class Metals's average total inventories from the quarter that ended in Dec. 2023 to the quarter that ended in Jun. 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. First Class Metals's Net-Net Working Capital per share for the quarter that ended in Jun. 2024 was £-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.

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.

First Class Metals Total Inventories Historical Data

The historical data trend for First Class 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.

* Premium members only.

First Class Metals Total Inventories Chart

First Class Metals Annual Data

Trend

Dec21

Dec22

Dec23

Total Inventories

First Class Metals Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23	Jun24
Total Inventories	-	-	-	-	-

First Class 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.

First Class Metals (LSE:FCM) 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.

First Class Metals's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2024 is

	Net-Net Working Capital Per Share (Q: Jun. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.083	+	0.75 * 0	+	0.5 * 0	-	1.056
-	0	-	0)	/	82.046
=	-0.01

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

First Class Metals's Days Inventory for the six months ended in Jun. 2024 is calculated as:

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

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

First Class Metals's Inventory Turnover for the quarter that ended in Jun. 2024 is calculated as

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

First Class Metals's Inventory to Revenue for the quarter that ended in Jun. 2024 is calculated as

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

First Class Metals Total Inventories Related Terms

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

First Class Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » First Class Metals PLC (LSE:FCM) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

N/A

Address

Salesbury Hall Road, Suite 24, Manor Court, Manor Court Offices, Ribchester, Preston, GBR, PR3 3XR

Website

https://www.firstclassmetalsplc.com

First Class Metals PLC is a minerals exploration company. It is focused on providing and developing the potential of flagship property North Hemlo which includes the Pickle Lake Palladium One JV area as well as systematic exploration of the Esa, Sugar Cube, McKellar, Magical, Enable and Coco East projects, in the Hemlo - Harte gold mines region in the Western portion of the Wawa-Abitibi Gold Belt of Ontario, Canada.

First Class Metals Headlines

No Headlines