MPZZF (MPC Container Ships ASA) Total Inventories : $7.2 Mil (As of Dec. 2024)

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What is MPC Container Ships ASA Total Inventories?

MPC Container Ships ASA's total inventories for the quarter that ended in Dec. 2024 was $7.2 Mil. MPC Container Ships ASA's average total inventories from the quarter that ended in Sep. 2024 to the quarter that ended in Dec. 2024 was $6.9 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. MPC Container Ships ASA's Net-Net Working Capital per share for the quarter that ended in Dec. 2024 was $-0.59.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MPC Container Ships ASA's Days Inventory for the three months ended in Dec. 2024 was 11.53.

Inventory Turnover measures how fast the company turns over its inventory within a year. MPC Container Ships ASA's Inventory Turnover for the quarter that ended in Dec. 2024 was 7.92.

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. MPC Container Ships ASA's Inventory-to-Revenue for the quarter that ended in Dec. 2024 was 0.05.

MPC Container Ships ASA Total Inventories Historical Data

The historical data trend for MPC Container Ships ASA'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.

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MPC Container Ships ASA Total Inventories Chart

MPC Container Ships ASA Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Inventories

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3.37

4.82

6.34

8.09

7.21

MPC Container Ships ASA Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Inventories	Get a 7-Day Free Trial															8.09	6.72	6.54	6.51	7.21

MPC Container Ships ASA 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.

MPC Container Ships ASA (OTCPK:MPZZF) 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.

MPC Container Ships ASA's Net-Net Working Capital Per Share for the quarter that ended in Dec. 2024 is

	Net-Net Working Capital Per Share (Q: Dec. 2024 )
=	(Cash And Cash Equivalents	+	0.75 * Accounts Receivable	+	0.5 * Total Inventories	-	Total Liabilities
-	Preferred Stock	-	Minority Interest)	/	Shares Outstanding (EOP)
=	(126.756	+	0.75 * 37.735	+	0.5 * 7.206	-	413.754
-	0	-	4.524)	/	443.700
=	-0.59

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

MPC Container Ships ASA's Days Inventory for the three months ended in Dec. 2024 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2024 )	/	Cost of Goods Sold (Q: Dec. 2024 )	*	Days in Period
	=	6.859	/	54.302	*	365 / 4
	=	11.53

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

MPC Container Ships ASA's Inventory Turnover for the quarter that ended in Dec. 2024 is calculated as

Inventory Turnover	=	Cost of Goods Sold (Q: Dec. 2024 )	/	Average Total Inventories (Q: Dec. 2024 )
	=	54.302	/	6.859
	=	7.92

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.

MPC Container Ships ASA's Inventory to Revenue for the quarter that ended in Dec. 2024 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	6.859	/	129.963
	=	0.05

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.

MPC Container Ships ASA Total Inventories Related Terms

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MPC Container Ships ASA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » MPC Container Ships ASA (OTCPK:MPZZF) » Definitions » Total Inventories

Comparable Companies

Traded in Other Exchanges

MPCCo:Sweden MPCC:Norway MPCCo:UK 0A27:UK MP2:Germany

Address

Ruselokkveien 34, Oslo, NOR, N-0251

Website

https://www.mpc-container.com

MPC Container Ships ASA is a Norway based company that engages in the investment in and operation of shipping assets. The group's principal business activity is to invest in and operate maritime assets in the container shipping segment. It owns and operates container shops and feeder vessels that are chartered out to liner shipping companies and regional carriers. https://oxbridgere.com/sec-filings The group has one reporting segment as it employs one type of vessel which is Container Vessels.