MGAG (Mortgage Oil) Total Inventories: $0.00 Mil (As of Jun. 2023)


MGAG Mortgage Oil Corp MGAG
12 GF Score
Price $300.00
View Full Analysis

What is Mortgage Oil Total Inventories?

Mortgage Oil MGAG 12 Total Inventories is $0.00 Mil as of Jun. 2023. GuruFocus rates MGAG with a GF Score™ of 12/100.

Mortgage Oil's total inventories for the quarter that ended in Jun. 2023 was $0.00 Mil. Mortgage Oil's average total inventories from the quarter that ended in Mar. 2023 to the quarter that ended in Jun. 2023 was $0.00 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Mortgage Oil's Net-Net Working Capital per share for the quarter that ended in Jun. 2023 was $118.85.

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. Mortgage Oil's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.00.

Mortgage Oil  (OTCPK:MGAG) 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.

Mortgage Oil's Net-Net Working Capital Per Share for the quarter that ended in Jun. 2023 is

Net-Net Working Capital Per Share (Q: Jun. 2023 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(4.986+0.75 * 0+0.5 * 0-0.113
-0-0)/0.041
=118.85

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

Mortgage Oil's Days Inventory for the three months ended in Jun. 2023 is calculated as:

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

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

Mortgage Oil's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

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

Mortgage Oil's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=0 / 0.223
=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.

Mortgage Oil Total Inventories Related Terms

Mortgage Oil Total Inventories Historical Data

* Premium members only.

The historical data trend for Mortgage Oil'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.

Mortgage Oil Total Inventories Chart

Mortgage Oil Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Total Inventories
0.00 0.00 0.00 0.00

Mortgage Oil Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 0.00 0.00 0.00 0.00 0.00
MGAG
12GF Score
Mortgage Oil Corp MGAG
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mortgage Oil 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?
Mortgage Oil (MGAG) has a Total Inventories of $0.00 Mil as of Jun. 2023. The total amount of inventory as recorded on a company's balance sheet. View historical data for Mortgage Oil and its competitors.
Is Mortgage Oil's Total Inventories too high?
Mortgage Oil's current Total Inventories is $0.00 Mil. Overall, Mortgage Oil has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Mortgage Oil's Total Inventories compare to AOXY and PACQF?
Mortgage Oil's Total Inventories of $0.00 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Total Inventories depends on the Real Estate 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 Mortgage Oil and its competitors. Mortgage Oil'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 Mortgage Oil stock overvalued right now?
Mortgage Oil (MGAG) has a current Total Inventories of $0.00 Mil. The current Total Inventories is $0.00 Mil. Mortgage Oil's overall GF Score™ is 12/100. 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 Mortgage Oil (MGAG), the current Total Inventories is $0.00 Mil as of Jun. 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.

Mortgage Oil Business Description

Address 400 South Hope Street, Suite 1100, Los Angeles, CA, USA, 90071
Mortgage Oil Corp invests in limited partnerships and limited liability companies owning multi-family residential apartment complexes and industrial real estate in the United States. The organization also invests in limited liability companies owning private equity investments.
12GF Score

Get the complete analysis for MGAG

Total Inventories is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$300.00
Price