MKNGF (Mkango Resources) Total Inventories: $0.01 Mil (As of Mar. 2026)


MKNGF Mkango Resources Ltd MKNGF
29 GF Score
Price $0.56
! 4 Warning Signs
View Full Analysis

What is Mkango Resources Total Inventories?

Mkango Resources MKNGF +24.09% 29 Total Inventories is $0.01 Mil as of Mar. 2026. GuruFocus rates MKNGF with a GF Score™ of 29/100. The stock has 4 warning signs investors should review.

Mkango Resources's total inventories for the quarter that ended in Mar. 2026 was $0.01 Mil. Mkango Resources's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was $0.01 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Mkango Resources's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was $-0.04.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mkango Resources's Days Inventory for the three months ended in Mar. 2026 was 7.60.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mkango Resources's Inventory Turnover for the quarter that ended in Mar. 2026 was 12.00.

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. Mkango Resources's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.11.


Mkango Resources  (OTCPK:MKNGF) 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.

Mkango Resources's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is

Net-Net Working Capital Per Share (Q: Mar. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(1.215+0.75 * 0+0.5 * 0.011-13.352
-0-2.396)/349.231
=-0.04

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

Mkango Resources's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=0.0055/0.066*365 / 4
=7.60

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

Mkango Resources's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2026 ) / Average Total Inventories (Q: Mar. 2026 )
=0.066 / 0.0055
=12.00

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.

Mkango Resources's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=0.0055 / 0.052
=0.11

* 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.


Mkango Resources Total Inventories Related Terms


Mkango Resources Total Inventories Historical Data

* Premium members only.

The historical data trend for Mkango 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.

Mkango Resources Total Inventories Chart

Mkango Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Mkango Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.01
MKNGF
29GF Score
Mkango Resources Ltd MKNGF
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mkango 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 $0.01 Mil mean?
Mkango Resources (MKNGF) has a Total Inventories of $0.01 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for Mkango Resources and its competitors.
Is Mkango Resources' Total Inventories too high?
Mkango Resources' current Total Inventories is $0.01 Mil. Overall, Mkango Resources has a GF Score™ of 29/100, reflecting its overall financial health beyond just this single metric.
How does Mkango Resources' Total Inventories compare to competitors?
Mkango Resources' Total Inventories of $0.01 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Total Inventories depends on the Metals & Mining 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 Mkango Resources and its competitors. Mkango Resources's current Total Inventories is $0.01 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mkango Resources stock overvalued right now?
Mkango Resources (MKNGF) has a current Total Inventories of $0.01 Mil. The current Total Inventories is $0.01 Mil. Mkango Resources' overall GF Score™ is 29/100 with 4 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 Mkango Resources (MKNGF), the current Total Inventories is $0.01 Mil as of Mar. 2026. 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.

Mkango Resources Business Description

Other Exchanges MKA:UKZMK:GermanyMKA:Canada
Address 550 Burrard Street, Suite 2900, Vancouver, BC, CAN, V6C 0A3
Mkango Resources Ltd is engaged in the exploration and development of rare earth elements and associated minerals in the Republic of Malawi. The company holds interests in exclusive prospecting licenses in Malawi namely the Phalombe license, the Thambani license, the Chimimbe license, and the Mchinji license. Mkango also has an exploration portfolio in Malawi, including the Mchinji rutile discovery, in addition to the Thambani uranium-tantalum-niobium-zircon project and Chimimbe nickel-cobalt project. The company operates in three reportable segments: Rare earths recycling projects; Rare earths mining and refining projects; and Corporate. Geographically, it operates in United Kingdom; Malawi; Germany; and Poland. It derives maximum revenue from Germany.
29GF Score

Get the complete analysis for MKNGF

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

$0.56
Price