Micro Imaging Technology (Micro Imaging Technology) Total Inventories : $0.07 Mil (As of Jul. 2014)

Micro Imaging Technology Total Inventories Chart

Micro Imaging Technology Annual Data
	Trend	Oct04	Oct05	Oct06	Oct07	Oct08	Oct09	Oct10	Oct11	Oct12	Oct13
Total Inventories		Get a 7-Day Free Trial					0.09	0.09	-	0.03	0.07

Micro Imaging Technology Quarterly Data
	Oct09	Jan10	Apr10	Jul10	Oct10	Jan11	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13	Jan14	Apr14	Jul14
Total Inventories	Get a 7-Day Free Trial															0.07	0.07	0.07	0.07	0.07

Micro Imaging Technology 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.

Micro Imaging Technology  (OTCPK:MMTC) 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.

Micro Imaging Technology's Net-Net Working Capital Per Share for the quarter that ended in Jul. 2014 is

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

Micro Imaging Technology's Days Inventory for the three months ended in Jul. 2014 is calculated as:

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

Micro Imaging Technology's Inventory Turnover for the quarter that ended in Jul. 2014 is calculated as

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.

Micro Imaging Technology's Inventory to Revenue for the quarter that ended in Jul. 2014 is calculated as

* 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.

Micro Imaging Technology Total Inventories Related Terms

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Micro Imaging Technology (Micro Imaging Technology) Business Description