MGHTF (Mercury NZ) Total Inventories: $56 Mil (As of Dec. 2025)


MGHTF Mercury NZ Ltd MGHTF
78 GF Score
Price $4.37
GF Value $4.06
Valuation Fairly Valued
! 11 Warning Signs
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What is Mercury NZ Total Inventories?

Mercury NZ MGHTF +8.44% 78 Total Inventories is $56 Mil as of Dec. 2025. GuruFocus rates MGHTF with a GF Score™ of 78/100 and a GF Value™ of $4.06 (Fairly Valued). The stock has 11 warning signs investors should review.

Mercury NZ's total inventories for the quarter that ended in Dec. 2025 was $56 Mil. Mercury NZ's average total inventories from the quarter that ended in Jun. 2025 to the quarter that ended in Dec. 2025 was $66 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Mercury NZ's Net-Net Working Capital per share for the quarter that ended in Dec. 2025 was $-1.90.

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. Mercury NZ's Inventory Turnover for the quarter that ended in Dec. 2025 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. Mercury NZ's Inventory-to-Revenue for the quarter that ended in Dec. 2025 was 0.07.


Mercury NZ  (OTCPK:MGHTF) 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.

Mercury NZ's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2025 is

Net-Net Working Capital Per Share (Q: Dec. 2025 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(42.245+0.75 * 232.639+0.5 * 56.134-2941.551
-0-0)/1417.000
=-1.90

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

Mercury NZ's Days Inventory for the six months ended in Dec. 2025 is calculated as:

Days Inventory=Average Total Inventories (Q: Dec. 2025 )/Cost of Goods Sold (Q: Dec. 2025 )*Days in Period
=66.0875/0*365 / 2
=

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

Mercury NZ's Inventory Turnover for the quarter that ended in Dec. 2025 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Dec. 2025 ) / Average Total Inventories (Q: Dec. 2025 )
=0 / 66.0875
=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.

Mercury NZ's Inventory to Revenue for the quarter that ended in Dec. 2025 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=66.0875 / 962.963
=0.07

* 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.


Mercury NZ Total Inventories Related Terms


Mercury NZ Total Inventories Historical Data

* Premium members only.

The historical data trend for Mercury NZ'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.

Mercury NZ Total Inventories Chart

Mercury NZ Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.06 59.72 55.83 73.67 76.04

Mercury NZ Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 90.23 73.67 77.01 76.04 56.13
MGHTF
78GF Score
Mercury NZ Ltd MGHTF
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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Mercury NZ 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 $56 Mil mean?
Mercury NZ (MGHTF) has a Total Inventories of $56 Mil as of Dec. 2025. The total amount of inventory as recorded on a company's balance sheet. View historical data for Mercury NZ and its competitors.
Is Mercury NZ's Total Inventories too high?
Mercury NZ's current Total Inventories is $56 Mil. Overall, Mercury NZ has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mercury NZ's Total Inventories compare to competitors?
Mercury NZ's Total Inventories of $56 Mil can be compared against companies in the Utilities - Independent Power Producers 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 an Utilities - Independent Power Producers company?
A good Total Inventories depends on the Utilities - Independent Power Producers 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 Mercury NZ and its competitors. Mercury NZ's current Total Inventories is $56 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercury NZ stock overvalued right now?
Based on GuruFocus' analysis, Mercury NZ (MGHTF) is currently considered Fairly Valued. The stock's GF Value™ is $4.06, compared to a current price of $4.37 — trading 7.6% above its estimated fair value. The current Total Inventories is $56 Mil. Mercury NZ's overall GF Score™ is 78/100 with 11 warning signs to review. 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 Mercury NZ (MGHTF), the current Total Inventories is $56 Mil as of Dec. 2025. 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.

Is Mercury NZ (MGHTF) Overvalued in 2026?

Based on GuruFocus' analysis, Mercury NZ stock appears to be overvalued. The current stock price of $4.37 is trading 7.6% above its estimated GF Value™ of $4.06. GuruFocus considers Mercury NZ to be Fairly Valued.

Key valuation signals for MGHTF:

  • Total Inventories: $56 Mil
  • GF Value™: $4.06 vs. price of $4.37 (7.6% above fair value)
  • GF Score™: 78/100 with 11 warning signs

No single metric tells the full story. See the MGHTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mercury NZ Business Description

Address 33 Broadway, The Mercury Building, Newmarket, Auckland, NTL, NZL, 1023
Mercury NZ (formerly Mighty River Power) generates more than 15% of New Zealand's electricity and is one of the four major electricity generators and suppliers in the country. All electricity is generated from renewable sources, which makes it one of the lowest-cost providers of electricity. The company operates nine hydro stations and five geothermal power plants in the North Island and some wind farms. Mercury sells electricity to residential and commercial customers and has the largest share of the key Auckland market.
78GF Score

Get the complete analysis for MGHTF

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

$4.37
Price
$4.06
GF Value