MEIL (Methes Energies International) Total Inventories: $0.05 Mil (As of Aug. 2023)

What is Methes Energies International Total Inventories?

Methes Energies International MEIL Total Inventories is $0.05 Mil as of Aug. 2023.

Methes Energies International's total inventories for the quarter that ended in Aug. 2023 was $0.05 Mil. Methes Energies International's average total inventories from the quarter that ended in May. 2023 to the quarter that ended in Aug. 2023 was $0.05 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Methes Energies International's Net-Net Working Capital per share for the quarter that ended in Aug. 2023 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. Methes Energies International's Inventory Turnover for the quarter that ended in Aug. 2023 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.

Methes Energies International (OTCPK:MEIL) 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.

Methes Energies International's Net-Net Working Capital Per Share for the quarter that ended in Aug. 2023 is

	Net-Net Working Capital Per Share (Q: Aug. 2023 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(0.002	+	0.75 * 0	+	0.5 * 0.052	-	1.345
-	0	-	0)	/	93.832
=	-0.01

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

Methes Energies International's Days Inventory for the three months ended in Aug. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Aug. 2023 )	/	Cost of Goods Sold (Q: Aug. 2023 )	*	Days in Period
	=	0.052	/	0	*	365 / 4
	=

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

Methes Energies International's Inventory Turnover for the quarter that ended in Aug. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Aug. 2023 )	/	Average Total Inventories (Q: Aug. 2023 )
	=	0	/	0.052
	=	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.

Methes Energies International's Inventory to Revenue for the quarter that ended in Aug. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Aug. 2023 )	/	Revenue (Q: Aug. 2023 )
	=	0.052	/	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.

Methes Energies International Total Inventories Related Terms

Methes Energies International Total Inventories Historical Data

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The historical data trend for Methes Energies International's Total Inventories can be seen below:

Methes Energies International Total Inventories Chart

Methes Energies International Annual Data

Trend

Nov10

Nov11

Nov12

Nov13

Nov14

Total Inventories

0.24

1.19

1.20

0.80

0.41

Methes Energies International Quarterly Data
	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Aug22	May23	Aug23
Total Inventories	Get a 7-Day Free Trial															0.37	0.44	0.00	0.05	0.05

Methes Energies International 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 $0.05 Mil mean?

Methes Energies International (MEIL) has a Total Inventories of $0.05 Mil as of Aug. 2023. The total amount of inventory as recorded on a company's balance sheet. View historical data for Methes Energies International and its competitors.

Is Methes Energies International's Total Inventories too high?

Methes Energies International's current Total Inventories is $0.05 Mil.

How does Methes Energies International's Total Inventories compare to PARG and WWSG?

Methes Energies International's Total Inventories of $0.05 Mil can be compared against companies in the Diversified Financial Services 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 Diversified Financial Services company?

A good Total Inventories depends on the Diversified Financial Services 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 Methes Energies International and its competitors. Methes Energies International's current Total Inventories is $0.05 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Methes Energies International stock overvalued right now?

Methes Energies International (MEIL) has a current Total Inventories of $0.05 Mil. The current Total Inventories is $0.05 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 Methes Energies International (MEIL), the current Total Inventories is $0.05 Mil as of Aug. 2023. 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.

Methes Energies International Business Description

Industry Financial Services Diversified Financial Services

Comparable Companies PARG WWSG BBOE BISA SVAD STRG MMNT MYCB NICH KSSH PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA

Address 1208 Celebration Avenue, Celebration, FL, USA, 34747

Website https://www.methes.com

Methes Energies International Ltd produces and sells a line of fully biodegradable lubricants. It has an extensive line of plant-based biodegradable fluid products to replace petroleum-based products which are Hydraulic Fluid, Engine Oil (auto and light trucks), Heavy-duty diesel oils, Small engine oils, Chainsaw Bar and Chain Oil, Transformer oils, Marine oils light and heavy.