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MNSF (Mansfelder Metals) Total Inventories : $12.1 Mil (As of Sep. 2007)


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What is Mansfelder Metals Total Inventories?

Mansfelder Metals's total inventories for the quarter that ended in Sep. 2007 was $12.1 Mil. Mansfelder Metals's average total inventories from the quarter that ended in Jun. 2007 to the quarter that ended in Sep. 2007 was $12.5 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. Mansfelder Metals's Net-Net Working Capital per share for the quarter that ended in Sep. 2007 was $-1.08.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Mansfelder Metals's Days Inventory for the three months ended in Sep. 2007 was 43.36.

Inventory Turnover measures how fast the company turns over its inventory within a year. Mansfelder Metals's Inventory Turnover for the quarter that ended in Sep. 2007 was 2.10.

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. Mansfelder Metals's Inventory-to-Revenue for the quarter that ended in Sep. 2007 was 0.45.


Mansfelder Metals Total Inventories Historical Data

The historical data trend for Mansfelder Metals'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.

* Premium members only.

Mansfelder Metals Total Inventories Chart

Mansfelder Metals Annual Data
Trend Jul97 Jul98 Jul99 Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Dec06
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.07 - 8.62 15.21

Mansfelder Metals Quarterly Data
Oct02 Jan03 Apr03 Jul03 Oct03 Jan04 Apr04 Jul04 Oct04 Jan05 Apr05 Jul05 Oct05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07
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 12.81 15.21 14.91 12.83 12.15

Mansfelder Metals 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.


Mansfelder Metals  (OTCPK:MNSF) 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.

Mansfelder Metals's Net-Net Working Capital Per Share for the quarter that ended in Sep. 2007 is

Net-Net Working Capital Per Share (Q: Sep. 2007 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(3.797+0.75 * 0.784+0.5 * 12.146-30.86
-0-0)/18.8906
=-1.08

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

Mansfelder Metals's Days Inventory for the three months ended in Sep. 2007 is calculated as:

Days Inventory=Average Total Inventories (Q: Sep. 2007 )/Cost of Goods Sold (Q: Sep. 2007 )*Days in Period
=12.49/26.283*365 / 4
=43.36

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

Mansfelder Metals's Inventory Turnover for the quarter that ended in Sep. 2007 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Sep. 2007 ) / Average Total Inventories (Q: Sep. 2007 )
=26.283 / 12.49
=2.10

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.

Mansfelder Metals's Inventory to Revenue for the quarter that ended in Sep. 2007 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Sep. 2007 ) / Revenue (Q: Sep. 2007 )
=12.49 / 27.678
=0.45

* 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.


Mansfelder Metals Total Inventories Related Terms

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Mansfelder Metals Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Unit 803, Dina House, Ruttonjee Centre 11 Duddell Street, Central, HKG, 200070
Website
Mansfelder Metals Ltd is engaged in manufacturing and trading of aluminum products.
Executives
Miller Lloyd I Iii 10 percent owner
Stefan Feuerstein officer: Chief Operating Officer BERLIN CHARLOTTEN STR 59, GERMANY D-1017 2M 00000
Mfc Bancorp Ltd 10 percent owner ROOM 2103 SHANGHAI MART TOWER, 2299 YAN AN ROAD WEST, CHANGNING DISTRICT, SHANGHAI F4 200336
Gavin James R Iii director BAXTER INTERNATIONAL INC, ONE BAXTER PARKWAY, DEERFIELD IL 60015

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