Mining Investments Resources (LSE:MIR) Total Inventories: £0.00 Mil (As of Dec. 2013)


What is Mining Investments Resources Total Inventories?

Mining Investments Resources LSE:MIR Total Inventories is £0.00 Mil as of Dec. 2013. The stock has 2 warning signs investors should review.

Mining Investments Resources's total inventories for the quarter that ended in Dec. 2013 was £0.00 Mil. Mining Investments Resources's average total inventories from the quarter that ended in Jun. 2013 to the quarter that ended in Dec. 2013 was £0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Mining Investments Resources's Net-Net Working Capital per share for the quarter that ended in Dec. 2013 was £0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mining Investments Resources's Days Inventory for the six months ended in Dec. 2013 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. Mining Investments Resources's Inventory-to-Revenue for the quarter that ended in Dec. 2013 was 0.00.

Mining Investments Resources  (LSE:MIR) 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.

Mining Investments Resources's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2013 is

Net-Net Working Capital Per Share (Q: Dec. 2013 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.419+0.75 * 0.002+0.5 * 0-0.213
-0-0)/128.280
=0.00

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

Mining Investments Resources's Days Inventory for the six months ended in Dec. 2013 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2013 )/Cost of Goods Sold (Q: Dec. 2013 )*Days in Period
=0/0.012*365 / 2
=0.00

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

Mining Investments Resources's Inventory Turnover for the quarter that ended in Dec. 2013 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2013 ) / Average Total Inventories (Q: Dec. 2013 )
=0.012 / 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.

Mining Investments Resources's Inventory to Revenue for the quarter that ended in Dec. 2013 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2013 ) / Revenue (Q: Dec. 2013 )
=0 / 0.003
=0.00

* 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.

Mining Investments Resources Total Inventories Related Terms

Mining Investments Resources Total Inventories Historical Data

* Premium members only.

The historical data trend for Mining Investments Resources'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.

Mining Investments Resources Total Inventories Chart

Mining Investments Resources Annual Data
Trend Mar04 Mar05 Mar06 Mar07 Mar08 Jun09 Jun10 Jun11 Jun12 Jun13
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Mining Investments Resources Semi-Annual Data
Sep03 Mar04 Sep04 Mar05 Sep05 Mar06 Sep06 Mar07 Sep07 Mar08 Sep08 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13
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 0.00 0.00 0.00 0.00 0.00

Mining Investments Resources 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 £0.00 Mil mean?
Mining Investments Resources (LSE:MIR) has a Total Inventories of £0.00 Mil as of Dec. 2013. The total amount of inventory as recorded on a company's balance sheet. View historical data for Mining Investments Resources and its competitors.
Is Mining Investments Resources' Total Inventories too high?
Mining Investments Resources' current Total Inventories is £0.00 Mil.
How does Mining Investments Resources' Total Inventories compare to competitors?
Mining Investments Resources' Total Inventories of £0.00 Mil can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Total Inventories depends on the Conglomerates 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 Mining Investments Resources and its competitors. Mining Investments Resources's current Total Inventories is £0.00 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mining Investments Resources stock overvalued right now?
Mining Investments Resources (LSE:MIR) has a current Total Inventories of £0.00 Mil. The current Total Inventories is £0.00 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 Mining Investments Resources (LSE:MIR), the current Total Inventories is £0.00 Mil as of Dec. 2013. 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.

Mining Investments Resources Business Description

Mining Investments Resources PLC is an investing company. It mainly invests in businesses which possess the opportunity for high growth, generally through exploitation of intellectual property. The Company's investing policy is to acquire a diverse portfolio of direct and indirect interests in exploration and producing projects and assets in the natural resources sector.