Manganese Bronze Holdings (LSE:MNGS) Total Inventories: £23.50 Mil (As of Jun. 2012)


What is Manganese Bronze Holdings Total Inventories?

Manganese Bronze Holdings LSE:MNGS Total Inventories is £23.50 Mil as of Jun. 2012.

Manganese Bronze Holdings's total inventories for the quarter that ended in Jun. 2012 was £23.50 Mil. Manganese Bronze Holdings's average total inventories from the quarter that ended in Jun. 2011 to the quarter that ended in Jun. 2012 was £21.66 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Manganese Bronze Holdings's Net-Net Working Capital per share for the quarter that ended in Jun. 2012 was £N/A.

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. Manganese Bronze Holdings's Inventory Turnover for the quarter that ended in Jun. 2012 was 0.00.

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.

Manganese Bronze Holdings  (LSE:MNGS) 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.

Manganese Bronze Holdings's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2012 is

Net-Net Working Capital Per Share (Q: Jun. 2012 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(2.485+0.75 * 0+0.5 * 23.496-52.262
-0-0)/0
=N/A

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

Manganese Bronze Holdings's Days Inventory for the three months ended in Jun. 2012 is calculated as:

Days Inventory=Average Total Inventories (Q: Jun. 2012 )/Cost of Goods Sold (Q: Jun. 2012 )*Days in Period
=21.6595/0*365 / 4
=

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

Manganese Bronze Holdings's Inventory Turnover for the quarter that ended in Jun. 2012 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Jun. 2012 ) / Average Total Inventories (Q: Jun. 2012 )
=0 / 21.6595
=0.00

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.

Manganese Bronze Holdings's Inventory to Revenue for the quarter that ended in Jun. 2012 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2012 ) / Revenue (Q: Jun. 2012 )
=21.6595 / 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.

Manganese Bronze Holdings Total Inventories Related Terms

Manganese Bronze Holdings Total Inventories Historical Data

* Premium members only.

The historical data trend for Manganese Bronze Holdings'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.

Manganese Bronze Holdings Total Inventories Chart

Manganese Bronze Holdings Annual Data
Trend Jul02 Jul03 Jul04 Jul05 Jul06 Dec07 Dec08 Dec09 Dec10 Dec11
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.30 19.44 18.72 25.34 20.04

Manganese Bronze Holdings Quarterly Data
Jan02 Jan03 Jan04 Jan05 Jan06 Jan07 Jun08 Jun09 Jun10 Jun11 Jun12
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 24.07 22.31 23.73 19.82 23.50

Manganese Bronze Holdings 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 £23.50 Mil mean?
Manganese Bronze Holdings (LSE:MNGS) has a Total Inventories of £23.50 Mil as of Jun. 2012. The total amount of inventory as recorded on a company's balance sheet. View historical data for Manganese Bronze Holdings and its competitors.
Is Manganese Bronze Holdings' Total Inventories too high?
Manganese Bronze Holdings' current Total Inventories is £23.50 Mil.
How does Manganese Bronze Holdings' Total Inventories compare to competitors?
Manganese Bronze Holdings' Total Inventories of £23.50 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Total Inventories depends on the Vehicles & Parts 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 Manganese Bronze Holdings and its competitors. Manganese Bronze Holdings's current Total Inventories is £23.50 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Manganese Bronze Holdings stock overvalued right now?
Manganese Bronze Holdings (LSE:MNGS) has a current Total Inventories of £23.50 Mil. The current Total Inventories is £23.50 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 Manganese Bronze Holdings (LSE:MNGS), the current Total Inventories is £23.50 Mil as of Jun. 2012. 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.

Manganese Bronze Holdings Business Description

Manganese Bronze Holdings PLC provides automotive and taxi services in the UK. It is currently organised into three operating divisions - vehicle sales, vehicle services, and Shanghai LTI. The vehicle sales segment includes the design, development, assembly, and retailing of new purpose-built taxis, along with the sale of used vehicles taken in part exchange, parts, and vehicle maintenance. The vehicle services segment comprises taxi finance. The Shanghai LTI segment is the joint venture based in Shanghai, China, which assembles the London Taxi under license from the company. The company's operations are located in the United Kingdom and China.