MMIO (Marmion Industries) Total Inventories: $0.31 Mil (As of Sep. 2008)


What is Marmion Industries Total Inventories?

Marmion Industries MMIO -95.00% Total Inventories is $0.31 Mil as of Sep. 2008.

Marmion Industries's total inventories for the quarter that ended in Sep. 2008 was $0.31 Mil. Marmion Industries's average total inventories from the quarter that ended in Jun. 2008 to the quarter that ended in Sep. 2008 was $0.30 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Marmion Industries's Net-Net Working Capital per share for the quarter that ended in Sep. 2008 was $-0.03.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Marmion Industries's Days Inventory for the three months ended in Sep. 2008 was 33.10.

Inventory Turnover measures how fast the company turns over its inventory within a year. Marmion Industries's Inventory Turnover for the quarter that ended in Sep. 2008 was 2.76.

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. Marmion Industries's Inventory-to-Revenue for the quarter that ended in Sep. 2008 was 0.32.

Marmion Industries  (OTCPK:MMIO) 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.

Marmion Industries's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2008 is

Net-Net Working Capital Per Share (Q: Sep. 2008 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(0.062+0.75 * 0.677+0.5 * 0.306-3.772
-0.04-0)/90.741
=-0.03

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

Marmion Industries's Days Inventory for the three months ended in Sep. 2008 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2008 )/Cost of Goods Sold (Q: Sep. 2008 )*Days in Period
=0.3025/0.834*365 / 4
=33.10

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

Marmion Industries's Inventory Turnover for the quarter that ended in Sep. 2008 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2008 ) / Average Total Inventories (Q: Sep. 2008 )
=0.834 / 0.3025
=2.76

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.

Marmion Industries's Inventory to Revenue for the quarter that ended in Sep. 2008 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2008 ) / Revenue (Q: Sep. 2008 )
=0.3025 / 0.944
=0.32

* 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.

Marmion Industries Total Inventories Related Terms

Marmion Industries Total Inventories Historical Data

* Premium members only.

The historical data trend for Marmion Industries'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.

Marmion Industries Total Inventories Chart

Marmion Industries Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07
Total Inventories
Get a 7-Day Free Trial 0.00 0.12 0.26 0.17 0.18

Marmion Industries Quarterly Data
Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
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 0.42 0.18 0.28 0.30 0.31

Marmion Industries 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 $0.31 Mil mean?
Marmion Industries (MMIO) has a Total Inventories of $0.31 Mil as of Sep. 2008. The total amount of inventory as recorded on a company's balance sheet. View historical data for Marmion Industries and its competitors.
Is Marmion Industries' Total Inventories too high?
Marmion Industries' current Total Inventories is $0.31 Mil.
How does Marmion Industries' Total Inventories compare to UVND and OTIV?
Marmion Industries' Total Inventories of $0.31 Mil can be compared against companies in the Construction 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 Construction company?
A good Total Inventories depends on the Construction 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 Marmion Industries and its competitors. Marmion Industries's current Total Inventories is $0.31 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marmion Industries stock overvalued right now?
Marmion Industries (MMIO) has a current Total Inventories of $0.31 Mil. The current Total Inventories is $0.31 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 Marmion Industries (MMIO), the current Total Inventories is $0.31 Mil as of Sep. 2008. 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.

Marmion Industries Business Description

Address 9103 Emmott Road, Building 6, Suite A, Houston, TX, USA, 77040
Marmion Industries Corp manufactures and markets explosion-proof air conditioners, refrigeration systems, chemical filtration systems and building pressurizers for the commercial sector.